Nov. 20, 2024 By Ethan Marshall Northwest Queens experienced year-over-year increases in October 2024 of new leases being signed for the 13th straight month and of listing inventory for the ninth month in a row, according to a report by the real estate firm Douglas Elliman Real Estate. The signing of new leases across…
Nov. 15, 2024 By Czarinna Andres A new rendering has been revealed for 93-47 Sutphin Blvd., a proposed 27-story hotel in Jamaica. Designed by GF55 Architects and developed by Able Management Group, the $54 million project will feature 225 guest rooms under the Hilton Garden Inn brand. The property is owned by Station Plaza…
Nov. 14, 2024 By Athena Dawson A group of Southeast Queens residents and civic leaders rallied together with a clear message for their elected officials: vote no on the City of Yes rezoning proposal. The homeowners and community organizers gathered at the corner of Sutphin Boulevard and 112 Avenue on Saturday, Nov. 2. Many…
Nov. 14, 2024 By Ethan Marshall Permits have been filed for the construction of a 7-story residential building at 68-19 Woodhaven Blvd. in Rego Park. The proposed development, located between 68th Road and 68th Avenue, would stand 75 feet tall and span 91,080 square feet. There would be a total of 120 residences. Based…
Nov. 13, 2024 By Ethan Marshall A ribbon-cutting ceremony was recently held to mark the official opening of Apex Place, a new three-tower affordable residential development at 62-11 108th St. in Forest Hills. Apex Place has 441 total affordable housing units and yields 20,000 square feet of community space, including medical offices and a…
Nov. 12, 2024 By Ethan Marshall Housing units in Queens had the average cost of rent go up 3.28% in October 2024, compared to the same month the previous year, according to a report by the real estate firm M.N.S. Real Estate. Year-over-year, the average rent in Queens rose from $2,803 in October 2023…
Nov. 7, 2024 By Ethan Marshall After the average rent for roommates in New York City spiked in the aftermath of the COVID-19 pandemic, a report by the roommate-finding site SpareRoom indicated prices began to stabilize during the third quarter of 2024, reaching $1,540. After hitting its peak average roommate rent of $1,625 during the second quarter…
Nov. 6, 2024 By Athena Dawson New affordable senior housing will soon be available in downtown Jamaica. Affordable housing developer Breaking Ground announced on Wednesday, Oct. 23, that it has officially topped off its Sutphin Senior Residence located at 97-04 Sutphin Blvd. The residential building is expected to open at the end of 2025.…
Oct. 29, 2024 By Iryna Shkurhan Elon Musk is reportedly planning to open a Tesla facility in Queens. The electric car manufacturer leased the 150,000-square-foot space at 30-02 Whitestone Expwy. in College Point, according to an industrial report released earlier this month. The site was previously home to Toys “R” Us, Party WOW and…
Oct. 28, 2024 By Athena Dawson Local elected officials presented a $650,000 check to the Greater Allen Development Corporation (GADC) on Friday to support affordable housing at Allen Cathedral Apartments in Jamaica. Speaker Adrienne Adams (D-28), along with Council Members Selvena Brooks Powers (D-31) and Nantasha Williams (D-28), awarded the joint capital funding during…