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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Tag: real-estate-newsletter
Northeast Queens officials push forward legislative solutions to the ‘unfunded mandate’ of Local Law 97
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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Queens County had 8.5% housing supply growth from 2012-2022: report
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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Queens Rep. Grace Meng introduces bipartisan bill that aims to help veterans purchase co-ops
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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Cord Meyer Development Company celebrating 120th anniversary
Mar. 27, 2024 By Ethan Marshall As Cord Meyer Development Company celebrates its 12oth anniversary, its impact on Queens cannot be overstated. Built on decades of accomplishment, the company remains firmly focused on the future, here in Bayside and beyond. Cord Meyer Development was officially incorporated in 1904 but its roots trace back to the…
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Real estate visionary and St. John’s benefactor, Joseph M. Mattone passes away at 92, leaves legacy of transformation and philanthropy
Mar. 22, 2024 By Iryna Shkurhan Joseph M. Mattone, a towering figure in one of the world’s most formidable retail markets, died peacefully surrounded by his family at his home on Thursday, March 21, at the age of 92. A distinguished lawyer and real estate mogul, Mattone’s ascent through the ranks of real estate development…
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Permits filed for a 630-seat annex for Kew Gardens Hills school
Mar. 21, 2024 By Ethan Marshall A 630-seat school building is slated to go up at 146-50 Reeves Ave., according to the New York City School Construction Authority. Permits were filed by the NYC School Construction Authority in March for a 4-story building at 146-50 Reeves Ave. in Kew Gardens Hills. The school building will…
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Congressman Meeks secures millions in federal funds for Jamaica based projects
Mar. 20, 2024 By Iryna Shkurhan U.S. Rep. Gregory Meeks (D-5) secured over $15 million in federal funding for 15 local projects in his southeastern Queens district. The projects range from environmental restoration projects to workforce development, as well as affordable housing for vulnerable groups. In total, he secured $15,489,582 that will directly affect residents…
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Affordable housing lottery opens in the Rockaways, rent starts at $410
Mar. 20, 2024 By Ethan Marshall A total of 155 affordable units are now up for grabs at a development in the Rockaways, with monthly rents ranging from $410-$2,035. The affordable units are part of an upcoming affordable housing development known as Rockaway Village Apartments, located at 1605 and 1607 Village Ln. The development will…
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Queens dominates list of NYC’s smallest condos: Report
Mar. 19, 2024 By Ethan Marshall Five neighborhoods in Queens were found to be among the 10 areas citywide that have the smallest median condo size, according to a recent report by the real estate firm PropertyShark. The neighborhoods included South Astoria, Maspeth, Old Astoria, Long Island City and Kew Gardens Hills. South Astoria, which the report defines as the southeast section of the neighborhood, was ranked as having the smallest median condo sizes in all of New York City, at just 631 square feet. Maspeth placed fourth on the list with a median condo size of 671 square feet;…
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