Dec. 7, 2023 By Ethan Marshall Lower-density neighborhoods in New York City are becoming more common and more diverse, according a study released by the independent research and education nonprofit Citizens Housing and Planning Council, which is dedicated to addressing the housing and planning needs in New York City. Other key findings include a desire for…
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Dec. 5, 2023 By Bill Parry
Dec. 4, 2023 By Ethan Marshall There is an expectation that the growth of rent in New York City will be much slower in 2024, according to the housing market predictions made by the real estate firm StreetEasy. At the same time, the report predicts that there will continue to be more demand for homes in the city than the amount of units available and thus preventing rents from falling. While the expectation is that inventory in New York City will further grow in 2024, it will still be smaller than the pre-pandemic levels. As a result, the rent growth…
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Dec. 1, 2023 By Bill Parry
A disbarred Murray Hill lawyer on Dec. 1 pleaded guilty to defrauding his clients in Brooklyn federal court.
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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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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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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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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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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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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