Oct. 2, 2024 By Ethan Marshall A construction project on a 47-story mixed-use skyscraper complex at 71-12 Park Ave. in Kew Gardens Hills is set to begin. Located along Parsons Boulevard, between 71st Avenue and 72nd Avenue and adjacent to the 107th Precinct, the complex will consist of two towers at a shared podium.…
Tag: real-estate-newsletter
Squatter pleads guilty to occupying vacant Jamaica home, providing forged documents to authorities: DA
Oct. 1, 2024 By Bill Parry A Brooklyn squatter admitted he illegally occupied a Jamaica home and provided forged documents to authorities to stake his claim to the property as a legal tenant. Lance White-Hunt, 24, of 18th Street in South Slope, pleaded guilty to identity theft in the first degree, offering a false…
Celebrate ‘Archtober’ with architecture centered events at Flushing Town Hall this October
Sep. 30, 2024 By Athena Dawson Flushing Town Hall is set to celebrate New York City’s Architecture and Design Month this October. The multidisciplinary performing arts venue hosts various events in partnership with AIA Queens- a chapter of the American Institute of Architects- and the Queens Foundation for Architecture. Throughout the month of October, residents…
Housing lottery launches for 5-story residential building in Ridgewood, rent starts at $2,830
Sep. 24, 2024 By Ethan Marshall New York City has launched a housing lottery for three units at 18-15 Linden St. in Ridgewood. This 5-story building yields a total of nine residences, with six being at market rate. The other three residences have been set aside for those earning 130% of the area median…
Wells Fargo, Habitat for Humanity partner to transform dilapidated Queens Village house as part of net zero initiative
Sep. 20, 2024 By Ethan Marshall Volunteers from Wells Fargo joined Habitat for Humanity New York City and Westchester County on Tuesday, Sept. 17, to help renovate a Queens Village home as part of an affordable housing project supported by the two organizations. The Jamaica home, located at 106-10 215th St., is one of…
Bayside community ramps up opposition to City of Yes housing plan as city council vote nears
Sep. 19, 2024 By Iryna Shkurhan A residential street in Bayside was closed on Monday evening to accommodate the substantial crowd of local residents, including some who traveled from southeast Queens to protest the City of Yes initiative. In northeast Queens, elected officials and residents gathered once again to make a strong statement in…
Queens, Brooklyn and Manhattan experiencing more competition in rental market: report
Sep. 17, 2024 By Ethan Marshall Over the course of the summer of 2024, viewed as the peak rental season, Queens and Brooklyn each experienced sharp increases in competition among renters compared to the same time in 2023 and Manhattan maintaining a high degree of such competition, according to a Rental Competitiveness Report by…
City Planning Dept appoints new leadership for Queens office to lead development plans in Long Island City and Jamaica
Sep. 16, 2024 By Czarinna Andres The Department of City Planning (DCP) announced a leadership change for its Queens Office, located at 120-55 Queens Blvd. in Kew Gardens, on Friday, Sept. 13. Lin Zeng was named Director, and Kathi Ko was appointed Deputy Director. The appointments come as the office ramps up efforts to…
Excavation and foundation work begins for 24-story residential building in Jamaica
Sep. 11, 2024 By Ethan Marshall Excavation and foundation work is underway at the future site of a 24-story residential building at 94-15 Sutphin Blvd. in Jamaica. The building is expected to be completed in 2027. Located between 94th and 95th Avenues and Sutphin Boulevard, the formerly vacant plot of land now has a team…
Decline in mortgage rates lead to lower income needed to afford home in NYC: report
Sep. 10, 2024 By Ethan Marshall While the annual income needed to afford to purchase a home in New York City was still significantly higher than the national average in August 2024, there was a large decrease year-over-year, thanks in large part to mortgage rates declining, according to a report by the real estate…