May. 22, 2024 By Ethan Marshall Among the five boroughs in New York City, Queens is found to have the most ‘up-and-coming’ neighborhoods for roommates, according to a report by the roommate finding site SpareRoom. This conclusion was reached based on an analysis SpareRoom conducted of over 15 million roommate searches on their site from…
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Tag: real-estate-newsletter
Rental prices in Queens increase over 4% year-over-year: report
May. 22, 2024 By Ethan Marshall The average rental price of studio, one-bedroom and two-bedroom units in Queens increased 4.32% year-over-year in April 2024, according to a report by the real estate firm M.N.S. Real Estate. Studios in Queens had by far the biggest jump in rental price, rising 10.19% year-over-year, from $2,128 in April…
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Belmont Racetrack re-development named a ‘Project of Regional Significance’
May. 21, 2024 By Athena Dawson The Belmont Racetrack reboot has been hailed as a “Project of Regional Significance” by the Long Island Regional Planning Council (LIRPC). The $455 million project for the Belmont Park racetrack in Elmont, near the Queens-Nassau County border, was given the designation after a presentation from developer Michael Dubb, who…
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NYC’s rent skyrockets over seven times faster than wages, widest gap in U.S.: Report
May. 15, 2024 By Ethan Marshall New York City suffered the largest gap between the amount of growth in wages and the increase in rent across the United States from 2022 to 2023, according to a study by the real estate listing information firm StreetEasy and the real estate marketplace company Zillow. Among the metro…
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Queens building boom slows: Lowest development permits issued since 2016
May. 10, 2024 By Ethan Marshall Queens residents can expect a slowdown in the amount of new development in the coming years. The number of building permits issued in Queens in 2023 was the lowest since 2016, with developers obtaining 3,834 permits in the borough last year, according to a report by the New York City…
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Queens property owners can ‘Get Summonses Corrected’ through the DOB at Borough Hall
May. 8, 2024 By Bill Parry
Dozens of Queens homeowners and business owners have already participated in a new education campaign by the city’s Department of Buildings called “Getting Summonses Corrected.” This initiative aims to help property owners resolve open DOB-issued violations on their properties.
Sponsored: Business owner sees community benefits to proposed Metropolitan Park
May. 2, 2024 By QNS News Team Marissa Grace believes in community. That’s why the owner of Grace Thai Restaurant on Junction Boulevard was enthused when New York Mets owner Steve Cohen and local community leaders announced Metropolitan Park, the proposal to redevelop the 50 acres of asphalt parking lot around Citi Field. “It will…
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Rep. Meeks assures Cambria Heights: Vacant Rite Aid will not become a shelter
May. 1, 2024 By Athena Dawson U.S. Rep. Gregory Meeks (D-5) addressed residents’ concerns during a Queens Community Board 13 virtual meeting on Thursday, Apr. 29. He assured the Cambria Heights community that the vacant Rite Aid at 222-14 Linden Blvd. would not be converted into a shelter. This announcement comes after weeks of active…
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Property management platform Outpost Club leads the way in affordable urban living, merging co-living and co-working in NYC
Apr. 29, 2024 By Ethan Marshall As New York City tries to provide more affordable housing to its residents, the real estate and management platform Outpost Club has been hard at work creating affordable housing dwellings. The Outpost Club is redefining urban living in New York City by merging co-living and co-working under one roof….
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Squatters lose tenant rights under new state law following push by northeast Queens legislators
Apr. 26, 2024 By Iryna Shkurhan New York homeowners have one less thing to worry about after squatters were stripped of their tenants rights in the recently passed state budget. The law now reads “a tenant shall not include a squatter.” This will make it easier for police to remove squatters without forcing the owner…
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