Apr. 28, 2025 By Czarinna Andres The Church of Jesus Christ of Latter-day Saints has signed a contract to sell a long-vacant development site at 3229 Far Rockaway Blvd. for $8 million, public filings show. The buyer, Walton Realty NY LLC, is based in Williamsburg, Brooklyn, at an address commonly associated with real estate…
Apr. 18, 2025 By Ethan Marshall The cost of rent for apartments in Queens continued to trend upwards year-over-year in March 2025, according to a report by the real estate firm M.N.S. Real Estate. Studios, one-bedroom units and two-bedroom units all experienced price increases over this period of time. The average rent across the borough…
Apr. 17, 2025 By Ethan Marshall Sign up for our weekly email newsletter to stay updated on the latest housing lotteries in New York City. New York City has launched a housing lottery for 78 units at CORE NYC, located at 98-10 63rd Rd. in Rego Park. The building has 260 total residences, with 182 units…
Apr. 15, 2025 By Ethan Marshall While first-time foreclosure filings in the New York metro area went down during the first quarter of 2025 compared to the same quarter in 2024, Queens emerged as having the most foreclosures over this period, according to a report by the real estate site PropertyShark. Year-over-year, first-time foreclosures…
Apr. 15, 2025 By Alicia Fernandez The city’s zeal to enforce new environmental laws is set to crush the City’s middle-class housing stock under the weight of shockingly untenable fines. At issue is the implementation of Local Law 97, which was passed in 2019. The ambitious law sets emissions limits for buildings over 25,000…
Apr. 14, 2025 By Ethan Marshall Northwest Queens experienced a huge boost in its inventory of listings in March 2025 compared to the same month the previous year, according to a report by Douglas Elliman Real Estate. Year-over-year, the listing inventory in northwest Queens, which includes the neighborhoods of Astoria, Long Island City, Sunnyside and…
Apr. 10, 2025 By Ethan Marshall In a city of small apartments and constant turnover, Queens just claimed the crown—for self-storage. Queens recorded the highest volume of self-storage space sales in the United States in 2024, with neighboring Brooklyn not far behind, according to a recent report by the storage facility site Storage Cafe.…
Apr. 9, 2025 By Jessica Militello Homeowners in northeast Queens received an important lesson in deed theft prevention during the April 7 Community Board 11 meeting, where officials warned of rising scams that often target elderly and immigrant residents. The meeting, held Monday evening at the Korean Community Services Center in Bayside, focused on…
Apr. 3, 2025 By Ethan Marshall During the first two months of 2025, the rental markets in the New York City boroughs of Queens, Manhattan and Brooklyn have each gone through different year-over-year trends, according to a report by the real estate listing site RentCafe. By analyzing five key metrics for rental competitiveness for…
Apr. 3, 2025 By Ethan Marshall Construction is set to begin this month on Edgemere Commons Building A2, an 18-story 100% affordable housing building with 244 units at 337 Beach 52nd St. in Far Rockaway. This will be the second building by Tishman Speyer at Edgemere Commons. A third building, developed by Arker Companies…