Apr. 16, 2024 By Ethan Marshall The average rental price of studio, one-bedroom and two-bedroom units across Queens increased 3.42% year-over-year from March 2023 to March 2024, according to a report released by the real estate firm M.N. S. Real Estate. Studios experienced the most significant year-over-year increase, with the average rental price rising 7.2%,…
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Apr. 12, 2024 By Ethan Marshall The number of new leases of residential units nearly doubled to the highest on record from March 2023 to March 2024, according to a report by the real estate agency Douglas Elliman. During the same period of time, the median rental price for units in northwestern Queens decreased slightly….
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Apr. 10, 2024 By Ethan Marshall Queens accounted for the most foreclosures among the New York City boroughs in the first quarter of 2024, with 191, according to a report by the real estate agency PropertyShark. These 191 foreclosures accounted for 45% of the 424 cases that occurred in New York City this quarter. Its…
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Apr. 8, 2024 By Ethan Marshall New York City has launched a housing lottery for 15 units in the 7-story residential building Haru Apartments, located at 138-25 Barclay Ave. in Flushing. There are a total of 48 residences at Haru Apartments, with 15 affordable units now available on the housing lottery. These affordable units consist…
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Apr. 8, 2024 By Bill Parry
Before the shovels hit the ground on New York Mets owner Steve Cohen’s proposed $8 billion casino and entertainment complex in Corona, he would need new legislation allowing construction atop the public parkland where Shea Stadium once stood.
Apr. 3, 2024 By Ethan Marshall A Little Neck mansion at 53-27 254th St. has become the most expensive rental in Queens, with a monthly lease of $11,200. This Mediterranean style single-family home is more than 9,184 total square feet. Originally built in 2004, this property was once owned by New York Mets legend and…
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Apr. 3, 2024 By Anthony Medina A resounding NO for the “City of Yes” echoed throughout the halls of the Ridgewood Presbyterian Church during a Ridgewood property owners meeting early last month, as urban planner Paul Graziano presented his argument against Mayor Eric Adams’ initiative. The Ridgewood Property Owners and Civic Association, comprised of dozens…
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Apr. 2, 2024 By Iryna Shkurhan Beech Hills co-op owners in Douglaston gathered on Monday morning to hear how northeast Queens lawmakers are working to shield them from bearing the brunt of the cost of the city’s ambitious climate law. Local Law 97 went into effect in 2019 with the goal of net zero carbon…
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Apr. 2, 2024 By Ethan Marshall From 2012-2022, the housing stock in Queens County increased 8.5%, according to a study by the construction software, insurance and related services organization Construction Coverage. The percentage increase over the 10-year-period is the same as that of the entire country, based on the study where nearly 800 counties were…
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Mar. 27, 2024 By Athena Dawson U.S. Reps Grace Meng (D-NY) and Nicole Malliotakis (R-NY) have introduced a bipartisan bill that would make it easier for veterans from Queens and across the country to purchase co-ops. The legislation, dubbed the Fair Access to Co-Ops for Veteran Act, would permanently expand the Veterans Home Loan Guarantee…
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