Tag: real-estate-newsletter

Apartment space in Queens among most costly in United States: report

apartment

Aug. 7, 2024 By Ethan Marshall Out of the 100 largest cities in the United States, Queens ranked 95th when it came to the average size of an apartment for $1,500 a month, according to a report by the real estate site RentCafe. The study’s results concluded that apartments in Queens with a $1,500…

Local real estate developer unveils 25-story mixed-use development in downtown Jamaica

develop

Jul. 30, 2024 By Athena Dawson Local elected officials joined a real estate development firm and project partners for the grand opening of a new mixed-use development in downtown Jamaica. On Thursday, July 25, BRP Companies celebrated the grand opening of The Monarch, a 25-story, 605-unit mixed-use development located at 92-29 Guy R. Brewer…

NYC launches housing lottery for Far Rockaway apartments, rent starts at $1,400

housing

Jul. 29, 2024 By Ethan Marshall New York City has launched a housing lottery for 58 units in an 8-story building at 18-26 Redfern Ave. in Far Rockaway. The building has 59 residences, one of which will be being rented at market rate. The other 58 units have been set aside for those earning…

Flushing lawmaker introduces legislation aimed at combating squatters

legislation

Jul. 25, 2024 By Athena Dawson Flushing Council Member Sandra Ung (D-20) has introduced a bipartisan bill protecting homeowners from squatters. Ung partnered with Republican Minority Leader Joseph Borelli (D-51) on legislation requiring the NYPD to create a home vacancy program, protecting property owners and tenants from squatters illegally occupying their homes.  The program…

City begins work on $10.5 million renovation of Corona Health Center

renovation

Jul. 25, 2024 By Ethan Marshall The New York City Department of Health and Mental Hygiene (DOHMH) and the Department of Design and Construction (DDC) on Wednesday, July 24 announced the start of a $10.5 million renovation project at the Corona Health Center. “The people of Queens deserve to have public health services delivered…

High rents in NYC led to less demand for units in June 2024: report

demand

Jul. 23, 2024 By Ethan Marshall The median asking price for rent in New York City rose in June 2024 compared to the same time the previous year, contributing heavily to less demand for rentals, according to a report by the real estate listing site StreetEasy. Year-over-year, the median asking rent in New York…

Affordable vs. appropriate: Debate rages on over Creedmoor Master Plan featuring thousands of new housing units

Creedmoor Psychiatric Center

Jul. 22, 2024 By Gabriele Holtermann Debate over the Creedmoor Community Master Plan tp create more than 2,700 housing units on the psychiatric hospital’s vast campus in eastern Queens continued during the Empire State Development (ESD) virtual public scoping meeting on July 18. Numerous residents and activists pushed for the plan’s approval because it would…