Nov. 26, 2024 By Ethan Marshall New York City leads the United States in formerly industrial and retail spaces being converted into self storage over the last decade, according to a report by the self storage listing site Storage Cafe. In addition to having an abundance of industrial, commercial and office buildings that have…
Nov. 25, 2024 By Shane O’Brien Queens Community Board 3 voted overwhelmingly to approve modifications to zoning regulations for the planned $8 billion Metropolitan Park development at a fiery monthly meeting at Queens Public Library (QPL) Langston Hughes Thursday night. More than 100 people crowded into the auditorium at QPL Langston Hughes at 100-01…
Nov. 25, 2024 By Colum Motherway Council Members Robert Holden and Joann Ariola have issued strong statements opposing the progression of Mayor Eric Adams’ controversial ‘City of Yes’ zoning reform plan through the City Council. The plan, which underwent slight modifications to strike a final deal with the council, includes a $5 billion commitment…
Nov. 20, 2024 By Ethan Marshall Competition among renters in New York City cooled in October 2024 to the degree that 19.7% of listings were offering concessions on rent, marking the highest level in the city since July 2021 at 22.7%, according to a report by the real estate listing site StreetEasy. The rise…
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…