Nov. 30, 2023 By Ethan Marshall Among the 100 zip codes in the United States with the most expensive rental units in 2023, New York City accounts for 39 of them, according to a report by the real estate firm RentHop. Manhattan accounts for a majority of these ZIP codes, with 30 of them located within this borough. Four New York City ZIP codes placed in the top 10: 10007 (Tribeca), 10282 (Battery Park City), 10001 (Chelsea and Hudson Yards) and 10069 (Upper West Side and Riverside Park South). Tribeca’s ZIP code ranked as the sixth-most expensive for renters in…
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Tag: real-estate-newsletter
Median price of one-bedroom units in NYC at all time high of $4,300 in November: report
Nov. 29, 2023 By Ethan Marshall The median rent price for one-bedroom units in New York City rose to an all-time high of $4,300 in November 2023, according to a report by the national real estate firm Zumper. This new high comes shortly after the median rent rose to above $4,000 for the first time…
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Real estate firm announces two new leases at Whitestone Plaza
Nov. 29, 2023 By Ethan Marshall The national real estate investment firm Feil Organization announced on Nov. 17 that the Whitestone Plaza shopping center has been fully leased following two more leases. These two leases related to Beechhurst Executive Suites and The Smilist Dental. Beechhurst Executive Suites renewed its second floor 6,936-square-foot space for ten…
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Queens among top areas preferred by renters in countrywide real estate report
Nov. 28, 2023 By Ethan Marshall Queens was viewed as one of the top areas in the United States by renters throughout November 2023, according to the latest rental activity report compiled by the national real estate firm RentCafe. Queens is also the most popular rental destination in the northeastern region of the United States….
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Calvary Baptist Church celebrates completion of newly renovated senior housing in Jamaica
Nov. 27, 2023 By Ethan Marshall The Calvary Baptist Church and CB Emmanuel Realty held a ribbon-cutting ceremony to mark the completion of renovations to the church’s senior housing Tuesday, Nov. 21 in Jamaica. The completion of the project at 160-60 Claude Ave. is the culmination of efforts to preserve 100 units of affordable senior…
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Cord Meyer, BBA partner to support local businesses
Nov. 20, 2023 By Iryna Shkurhan For over six decades, Cord Meyer Development’s Bay Terrace Shopping Center has acted as a hub of economic activity in Bayside, creating jobs, generating tax revenue and providing an ideal location to operate a business. During the pandemic, when mom and pop shops were particularly hard hit, Cord Meyer…
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Willets Point development proposal draws concerns from community board about traffic congestion, possible homeless shelter
Nov. 17, 2023 By Rachel Butler A group of approximately 70 people including residents, labor union workers and New York City Football Club fans attended a Community Board 7 meeting in Whitestone on Nov. 15 to learn about the massive Willets Point Phase 2 proposal that would bring 1,400 residential units, a soccer stadium and a two-star hotel if approved. The meeting, which took place at the St. Luke’s Pastoral Center, was held by the board’s Land Use Committee and was the first of several board meetings in which the public will be able to learn and provide feedback on…
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NYCFC presents new details of its $780 million soccer stadium at Willets Point
Nov. 16, 2023 By Bill Parry
New York City Football Club (NYCFC) revealed new details of its proposed $780 million 25,000-seat soccer stadium they plan to build as part of the Willets Point redevelopment at a Community Board 7 Land Use committee hearing in Whitestone Wednesday, Nov. 15.
NYC among least affordable markets in the country: report
Nov. 16, 2023 By Ethan Marshall New York City was named among the least affordable cities in the United States over the month of October, according to the latest National Affordability Report from the real estate firm RealtyHop. The Big Apple ranked as the fourth-least affordable city, moving up from the fifth place spot in the prior month’s report. The cost of a home in New York City ended up increasing, with the real estate value growing 3.8%. High interest rates and asking prices were cited as two of the main contributing factors to New York City becoming less affordable…
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DCP updates online census tools with new demographic information and features
Nov. 16, 2023 By Ethan Marshall The Department of City Planning announced that updates have been made to the Population FactFinder and Population MapViewer tools on its website to provide new demographic information and features on New York City’s community. These updates include information from the Census Bureau’s 2020 “Census Demographic and Housing Characteristics” file. “The latest additions to Population FactFinder and MapViewer are the next step in our ongoing work to make important demographic information about New York City accessible and transparent to all,” Department of City Planning Director Dan Garodnick said. “Our cutting-edge online tools make it easy…
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