Tag: real-estate-newsletter

Mayor Adams hears community concerns on housing, e-bikes, education at Bayside town hall

community

Jul. 7, 2025 By Czarinna Andres Mayor Eric Adams hosted his 41st “Community Conversation” at P.S. 46 in Bayside on Wednesday evening, meeting with residents to discuss a wide range of local and citywide concerns, including housing, education, public safety, mental health, and small property ownership. The event, held at The Alley Pond School,…

Millionaire renters surge in NYC as high earners opt for luxury leases: report

millionaire

Jul. 3, 2025 By Ethan Marshall The New York metro area experienced a drastic surge in millionaires renting property there from 2019 to 2023, according to a report by the real estate listing site Rent Cafe. Over this period of time, the number of households in the area rented by those earning at least…

Queens BP backs Jamaica rezoning plan with conditions for housing, schools and jobs

jamaica

Jul. 3, 2025 By Athena Dawson Queens Borough President Donovan Richards formally announced his advisory recommendation for the Jamaica Neighborhood Plan during a press conference at Greater Nexus on Parsons Boulevard, on Monday, June 30. He endorsed the plan with several modifications, following a public land use hearing hosted by his office on June…

Micro units account for over 40% of NYC’s rental supply pipeline: report

micro units

Jul. 2, 2025 By Ethan Marshall New York City ranks among the top major cities in the United States in the number of rental units that are undersized, and nearly half of the units in the pipeline there are planned to be micro units, according to a report by storage space marketplace Storage Cafe.…

Ninety income-restricted units available at Jamaica apartment tower, rent starts at $2,065

units

Jul. 1, 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 launched a housing lottery for 90 units in a 24-story residential building at 94-15 Sutphin Blvd. in Jamaica. The building features 524 units, 434 of which are…

Southeast Queens town hall delivers major updates on housing, safety and transit

southeast queens

Jun. 30, 2025 By Athena Dawson Queens Borough President Donovan Richards hosted a Southeast Queens town hall on Tuesday, June 17, at the Robert Ross Family Life Center in St. Albans, bringing together residents and representatives from multiple city agencies to discuss a wide range of local concerns. The town hall featured updates from…

Metropolitan Park team officially submits application to New York State ahead of deadline

metropolitan park

Jun. 27, 2025 By Shane O’Brien The team behind Metropolitan Park – led by New York Mets owner Steve Cohen and Hard Rock International – has officially submitted an application to the New York State Gaming Facility Location Board for one of three downstate gaming licenses. The application, which came ahead of Friday’s deadline…

Selfhelp Realty in Flushing awarded $1M for all-electric senior housing project

selfhelp

Jun. 25, 2025 By Ethan Marshall The non-profit developer Selfhelp Realty Group announced it has received $1 million in funding from the New York State Energy Research and Development Authority (NYSERDA) to support the construction of Kissena House, an upcoming 110-unit, all electric, energy-efficient building for low-income seniors at the intersection of 45th Avenue…

Queens lawmakers applaud passage of property tax exemption bill for fully disabled veterans

property tax exemption

Jun. 24, 2025 By Czarinna Andres Queens lawmakers are celebrating the passage of a long-sought bill that would provide a full real property tax exemption for veterans with a 100% service-connected disability—a significant measure aimed at easing the financial burdens of some of New York’s most severely injured service members. State Senator Joseph P.…