Jan. 30, 2025 By Ethan Marshall Queens accounted for ten of the 50 most expensive New York City neighborhoods to reside in 2024, according to a report by the real estate data site PropertyShark. Despite the borough’s prevalence on the list, none of its neighborhoods ranked among the top ten most expensive neighborhoods. Hunters…
Jan. 29, 2025 By Ethan Marshall Rent growth in Queens and Brooklyn slowed down substantially year-over-year in December 2024, compared to that of Manhattan, according to a report from the real estate listing site StreetEasy. The typical asking price for rent rose in Queens over this period of time by 3.7%, representing a much…
Jan. 28, 2025 By Ethan Marshall Permits have been filed to vertically expand the building at 150-28 Hillside Ave. in Jamaica, increasing its height from two stories to four. The proposed mixed-use building would be 42 feet tall and yield 8,221 square feet of space, with 6,345 square feet being dedicated to residential space…
Jan. 21, 2025 QNS News Team First-time foreclosure filings across the broader New York metro area declined significantly in 2024, according to PropertyShark’s latest foreclosure report. The report released on Monday, Jan. 20, reveals a 14% year-over-year drop compared to 7,264 cases in 2023. It expanded its coverage to include 12 New York and…
Jan. 15, 2025 By Ethan Marshall The year 2024 concluded with a notable shift in Northwest Queens’ rental market, as the area experienced its first yearly decline in median rent in several months, according to a report by the real estate firm Douglas Elliman Real Estate. The dip in December marked a significant moment…
Jan. 14, 2025 By Ethan Marshall Studio, one-bedroom, and two-bedroom rental units in Queens all saw year-over-year price increases by the end of 2024, according to a report by the real estate firm M.N.S. Real Estate. The overall average rental price for these residential units rose 3.85% year-over-year, from $2,780 in December 2023 to…
Jan. 10, 2025 By Ethan Marshall A major mixed-use development is reshaping the skyline along Northern Boulevard in Flushing. Construction of The Sunlight, a 17-story tower blending residential, retail, and community spaces, has passed the halfway mark as it rises at 138-18 Northern Blvd. The project, expected to be completed in 2026, represents a…
Jan. 9, 2025 By Ethan Marshall Construction on a major mixed-use development in Flushing has recently reached a significant milestone. Construction on Union Center, a 16-story mixed-use building at 37-16 Union St. in Flushing, has reached street level. This transformative development, which will combine office, retail, and community spaces, is making steady progress, with…
Jan. 8, 2025 By Ethan Marshall Exterior work is progressing on La Vita, a highly anticipated 16-story mixed-use development located at 133-25 37th Ave. in Flushing. Once completed, this modern complex will rise 198 feet tall and span 263,151 square feet, offering a blend of residential, hospitality, and retail spaces. La Vita will feature…
Jan. 8, 2025 By Ethan Marshall The first phase of construction of the Willets Point redevelopment, a two-building residential project just east of Citi Field, has passed the halfway point. When completed, both buildings will rise from a shared 1-story podium and be 12 stories tall. A total of 1,100 affordable units will be…