Tag: real-estate-newsletter

New contracts in NYC get huge boost thanks to declining mortgage rates: report

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Oct. 16, 2024 By Ethan Marshall The number of homes entering contract across New York City increased significantly year over year, thanks in large part to a decline in mortgage rates, according to a report by the real estate listing site StreetEasy. Over this period, there was a 26.4% increase in homes entering contracts,…

Permits filed for 4-story residential building in Far Rockaway

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Oct. 15, 2024 By Ethan Marshall Permits have been filed for the construction of a 4-story residential building at 616 Hartman Ln. in Far Rockaway. The proposed development, located between Beach 25th Street and Hartman Lane, would be 40 feet tall and yield 29,418 square feet when built. Demolition permits will not be needed,…

Construction completes on 8-story transitional housing complex in Rego Park

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Oct. 15, 2024 By Ethan Marshall Construction has wrapped for The Lionheart, an 8-story transitional housing complex in Rego Park. Located at 92-62 Queens Blvd., the Lionheart stands 83 feet tall and spans 57,407 square feet. The building features 88 affordable rental units, each averaging 798 square feet. A portion of these units will…

Construction set to begin on 47-story skyscraper in Kew Gardens Hills

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Oct. 2, 2024 By Ethan Marshall A construction project on a 47-story mixed-use skyscraper complex at 71-12 Park Ave. in Kew Gardens Hills is set to begin. Located along Parsons Boulevard, between 71st Avenue and 72nd Avenue and adjacent to the 107th Precinct, the complex will consist of two towers at a shared podium.…

Celebrate ‘Archtober’ with architecture centered events at Flushing Town Hall this October

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Sep. 30, 2024 By Athena Dawson Flushing Town Hall is set to celebrate New York City’s Architecture and Design Month this October. The multidisciplinary performing arts venue hosts various events in partnership with AIA Queens- a chapter of the American Institute of Architects- and the Queens Foundation for Architecture.  Throughout the month of October, residents…