Jul. 8, 2024 By Ethan Marshall The number of first-time foreclosures in Queens saw a slight increase from the second quarter of 2023 to the same period in 2024, according to a report by the real estate agency PropertyShark. Year-over-year, foreclosures in Queens rose 8%, from 148 last year to 160 this year. This year’s foreclosures accounted…
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Jul. 5, 2024 By Athena Dawson The ‘City of Yes,’ a vast rezoning plan that aims to add housing to every neighborhood throughout the city, is a giant ‘No,’ according to a handful of Queens Republican candidates vying for elected office. Four Queens Republicans, along with likely mayoral candidate Curtis Sliwa, held a press briefing…
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Jun. 27, 2024 By Ethan Marshall The average rental price in Queens rose 7.12% year-over-year, from $2,681 in May 2023 to $2,872 in May 2024, according to a report by the real estate firm M.N.S. Real Estate. Studios, one-bedroom and two-bedroom units all experienced increases in the average rental price over this period of time….
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Jun. 26, 2024 By Ethan Marshall Leasing has launched for three notable developments in Queens, SOLA Woodside, The Monarch in Jamaica and the Fabric Astoria , with the real estate firm M.N.S. Real Estate marketing these developments. SOLA, located at 72-01 Queens Blvd., is a 12-story, 364-unit mixed-use development, with 109 of the units dedicated…
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Jun. 25, 2024 By Athena Dawson The Downtown Jamaica Partnership Business Improvement District (BID) held its annual meeting on Thursday, June 20. The meeting was held at the Jamaica Performing Arts Center, 153-10 Jamaica Ave., where directors of the BID, Queens Borough President Donovan Richards and NYC Department of Small Business Services Commissioner Kevin Kim…
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Jun. 22, 2024 By Ethan Marshall While much of New York City saw an increase in homes entering contract from May 2023 to May 2024, Queens was an exception to this trend, according to a report by the real estate listing site StreetEasy. When a home is ‘in contract’, it means an offer to buy…
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Jun. 15, 2024 By Bill Parry
With construction ramping up over the summer on the $19 billion JFK Airport redevelopment project, the Port Authority opened a free drop-off, pickup and waiting lot at the AirTrain station at Lefferts Boulevard to help passengers avoid heavy traffic congestion at the terminal frontages.
Jun. 13, 2024 By Athena Dawson Department of City Planning Director Dan Garodnick spoke exclusively with QNS about the housing component of the mayor’s comprehensive City of Yes proposal. The City of Yes for Housing Opportunity is a zoning reform proposal put forward by the DCP that aims to address New York’s housing crisis by…
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Jun. 12, 2024 By Ethan Marshall The average size of apartments in Queens was the smallest among all New York City boroughs in 2023, as well as the third-smallest among cities in the United States, according to a report by the real estate firm RentCafe. At 692 square feet, Queens boasts slightly smaller apartments on…
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Jun. 11, 2024 By Ethan Marshall The Rockaways nonprofit Residents Acquiring Land Edgemere Community Land Trust (ReAL Edgemere CLT) revealed its Request for Qualifications (RFQ) on Friday, June 7, inviting affordable housing developers who meet these qualifications to partner in creating more than 100 affordable homes to 32 development sites in Edgemere. In addition to…
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