Dec. 26, 2023 By Christian Murray A row of stores on Woodhaven Boulevard in Rego Park are likely to face the wrecking ball, with a developer filing building permits last week to replace them with a 7-story apartment building. Humayen Khan, the Rego Park-based developer, plans to build an 88-unit development at 62-02-62-06 Woodhaven Blvd,…
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Dec. 21, 2023 By Christian Murray It’s pitched as an affordable apartment in Queens, yet the rent for a one-bedroom is $3,140 a month. NYC Housing Connect has opened a lottery for 16 “affordable apartments” inside a new 8-story, 51-unit development in Kew Gardens. The building, located at 81-07 Kew Gardens Rd., has been developed by FBL Development, and includes a range of amenities, such as a gym and a rooftop terrace. The units are designated for residents whose income falls within 130% of the area median income (AMI). The range accommodates potential tenants with incomes spanning from $107,658 to…
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Dec. 19, 2023 By Rachel Butler The leaders of a coalition of 14 eastern Queens civic associations announced their opposition last week to the Creedmoor Development plan that Gov. Kathy Hochul unveiled Dec. 6 The group argues that the plan, which calls for 2,873 apartments spread across the sprawling Creedmoor Psychiatric Center site, includes residential buildings…
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Dec. 19, 2023 By Christian Murray The population of New York City has declined significantly since the pandemic, with Queens being no exception, according to a report released by state Comptroller Thomas DiNapoli on Monday At the beginning of 2020, New York City boasted a population of 8,804,190, marking a decade-long trend of a 7.7%…
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Dec. 18, 2023 By Bill Parry The city announced Monday that it has closed a deal with developer Slate Property Group and the nonprofit RiseBoro Community Partnership to convert the shuttered JFK Hilton Hotel in South Jamaica into 318 apartments of permanently affordable housing for low-income and formerly homeless New Yorkers. Construction on the project…
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Dec. 14, 2023 By Anthony Medina Concerns over proposed zoning laws and the influx of cannabis shops remained the top concerns among members of Community Board 5 at its year-end meeting Wednesday night. The board meeting, held at Christ the King High School in Middle Village, also focused on quality-of-life issues, with board members and the public wanting to address issues such as rats and trash. Members also discussed the return of local civic group meetings. Maryann Lattanzio, a board member, said that rats were running rampant in Maspeth. She said the rat problem has been an issue in Ridgewood…
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Dec. 14, 2023 By Ethan Marshall The year-over-year rent growth for the month of November in New York City was 2.9%, marking the first time since the COVID-19 pandemic that it rose less than 3%, according to a new report. The real estate firm StreetEasy released the report that found the median rent fell from $3,600 in November 2022 to $3,500 last month. The slower rent growth is reflective of more homes being available for rent across the city, according to StreetEasy. Year-over-year, rentals on the market increased 8.6% in the city from 29,511 last year to 32,049 in November…
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Dec. 13, 2023 By Ethan Marshall The average rental price in Queens decreased in November 2o23 compared to October, according to a report by the real estate firm M.N.S. During that time, the average rental price fell 1.46%, from $2,803 to $2,762. Studios, one-bedroom and two-bedroom units experienced varying decreases in the average rental price across the borough. One-bedroom units experienced the most significant decline, falling 2.08%, from $2,729 to $2,673. Two-bedroom units had the second-largest drop, down 1.44%, from $3,424 to $3,375. The rental price for studios fell 0.75%, from $2,256 to $2,239. Ridgewood was the Queens neighborhood to…
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Dec. 11, 2023 By Christian Murray Applications are now open to participate in an affordable housing lottery for Vista65, a 22-story mixed-use development located on Queens Boulevard in Rego Park. The tower, developed by RB Realty Capital and designed by SLCE Architects, includes 186 residences and a host of amenities. Of those units, 56 have…
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Dec. 7, 2023 By Iryna Shkurhan A newly unveiled plan for the Creedmoor campus in eastern Queens seeks to bring 2,800 housing units alongside community amenities to the underutilized plot of land. The 93-page Creedmoor Community Master Plan, made public by Governor Kathy Hochul on Dec. 6, proposes the revitalization of 48 acres of the 125 acre plot of the state-owned land. Currently 19 of the 25 buildings are sitting vacant. And in the past year, the site began to shelter some of the city’s new migrants in tent structures. The plan proposes a grand total of 2,873 housing units…
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