May. 28, 2025 By Ethan Marshall The Austin, a 7-story, 98-unit luxury condominium at 78-29 Austin St. in Forest Hills, has set a new price record in the neighborhood for 2025 with the sale of one of its penthouse units for $3,881,150. The record-breaking sale of PH1A is more than double that of the…
May. 27, 2025 By Shane O’Brien The New York State Senate has voted overwhelmingly in favor of legislation that would allow Mets owner Steve Cohen and Hard Rock International to transform 50 acres of Citi Field parking lot into Metropolitan Park, an $8 billion entertainment complex anchored by a casino. On Tuesday, lawmakers voted…
May. 27, 2025 By Ethan Marshall Permits have been filed for the construction of a 6-story mixed-use building with 99 total residences, including 25 affordable units, at 122-21 14th Ave. in College Point. The proposed building would be 74 feet tall, with 74 housing units at market rate and 25 affordable housing units. The…
May. 27, 2025 By Shane O’Brien State Sen. Michael Gianaris has joined Manhattan Assembly Member Linda Rosenthal to introduce legislation to reform the Rent Guidelines Board, the board that determines how much landlords can hike rents each year on the city’s nearly 1 million rent stabilized apartments. Gianaris and Rosenthal are critical of the…
May. 22, 2025 By Ethan Marshall Sign up for our weekly email newsletter to stay updated on the latest housing lotteries in New York City. New York City has opened a waiting list lottery for one current vacancy and any future openings at Northeastern Towers Annex, an affordable senior housing development located at 161-11 132nd Ave.…
May. 21, 2025 By Ethan Marshall Queens seniors, defined as those at least 65 years of age, are finding it more difficult to stay afloat financially, compared to a decade ago, according to a report by the Center for an Urban Future (CUF), a nonprofit that works to reduce inequality, increase economic mobility and…
May. 20, 2025 By Ethan Marshall Permits have been filed for the construction of a 6-story residential building with 57 housing units on the vacant lot at 155 Beach 30th St. near the Beach 30th Street Playground in Far Rockaway. The proposed building would be 70 feet tall and yield 90,735 square feet across…
May. 20, 2025 By Shane O’Brien The United States Tennis Association (USTA) has announced an $800 million investment, unveiling plans to reimagine Arthur Ashe Stadium and construct a cutting-edge Player Performance Center to elevate the US Open’s global stature and athlete experience in Flushing. The investment, which represents the largest single investment in US…
May. 15, 2025 By Ethan Marshall Northwest Queens experienced huge boosts in the inventory, price and number of new leases for rentals in April 2025, compared to the same time the previous year, according to a report by Douglas Elliman Real Estate. The inventory of listings rose year-over-year by a whopping 70% in northwest…
May. 14, 2025 By Ethan Marshall The affordable and mixed-income real estate developer Tredway announced it has acquired the 602-unit family-designated Ocean Park Apartments, located at 125 Beach 17th St. in Far Rockaway. As part of this $88 million acquisition, Tredway entered into an agreement with the New York City Department of Housing Preservation…