Dec. 16, 2024 By Shane O’Brien Queens Borough President Donovan Richards has recommended conditional approval of the planned $8 billion Metropolitan Park development adjacent to Citi Field, citing the proposal’s potential positive impact on the local community. Richards announced his conditional approval of the Metropolitan Park proposal Monday, stating that casinos do not often…
Tag: real-estate-newsletter
This lottery is currently live on HPD Housing Connect through December 16, 2024
Dec. 16, 2024 By QNS’s Advertising Partner Beach Green Dunes III Fostering community and prioritizing affordability in Edgemere, Queens. Beach Green Dunes III is a new, fully affordable mixed-use project currently in construction in the Edgemere neighborhood of Far Rockaway, Queens. Situated across the street from the Beach 36th Street A train station, and in…
NYS launches ‘Be Your Own Boss’ campaign to promote licensed professions
Dec. 11, 2024 By Iryna Shkurhan In response to a growing gig economy, the New York State Dept. of State recently launched a new campaign to promote jobs that require a state-issued license. The ‘Be Your Own Boss’ campaign is a public service message to inform New Yorkers about the dozens of licensed professions…
City Council passes package of flood protection bills authored by Council Member Gennaro
Dec. 11, 2024 By Athena Dawson The New York City Council passed a package of bills on Thursday, Dec. 5, aimed at addressing increasing flooding issues across the city. The legislation, Intro 0814 and Intro 0815, was introduced and authored by Council Member James F. Gennaro, who represents District 24, covering neighborhoods such as Briarwood, Fresh…
Long Island City development moves forward with $70M loan for 26-story building
Dec. 10, 2024 By Ethan Marshall The real estate developer Slate Property Group announced that it has partnered with White Oak Real Estate Capital to provide a $70 million construction loan to Watermark Capital Group for the development of a 26-story, 184-unit multifamily building at 41-08 Crescent St. in Long Island City. Watermark Capital Group,… Read more »
Jamaica consulting firm hosts event to help local construction-related businesses unlock growth opportunities
Dec. 9, 2024 By Max Parrott A Jamaica-based business development and management consulting firm hosted a networking event in Jamaica last week aimed at supporting local construction businesses. R.F. Wilkins Consultants hosted a strategy and networking event on Wednesday night to equip construction-related business owners with the knowledge to scale their businesses to the…
Divided support in Queens: City Council approves Mayor Adams’ ‘City of Yes’ plan despite opposition from half of Queens Council members
Dec. 6, 2024 By Colum Motherway Mayor Eric Adams’ controversial zoning reform plan, “City of Yes,” was approved by the New York City Council on Thursday, Dec. 5, with a 31-20 vote. The approval marks a significant step in the city’s efforts to address its ongoing housing crisis, though it remains highly contentious, particularly…
Housing lottery launches for 60 units at Trylon Tower in Rego Park, rent starts at $828
Dec. 4, 2024 By Ethan Marshall New York City has launched a housing lottery for 60 units at Trylon Tower, a 16-story residential development in Rego Park. Located at 98-81 Queens Blvd., Trylon Tower features 170 residential units, with 110 offered at market rate. Of the 60 remaining units, 17 have been designated for…
Permits filed for new 9-story residential building in Flushing
Dec. 4, 2024 By Ethan Marshall Permits have been filed for the construction of a new 9-story residential building at 35-20 149th St. in Flushing. Located between 35th Avenue and Northern Boulevard, the proposed development would rise to a height of 91 feet and provide 23,102 square feet of residential space spread across 29…
NYC remains the most expensive city for rent in the U.S., with 39 zip codes in top 100 list: report
Nov. 27, 2024 By Ethan Marshall New York City retained its title for having the most zip codes with the highest median rent in the United States in 2024, according to a report by the real estate firm RentHop. For the second consecutive year, the report found that New York City accounts for 39…