Tag: real-estate-newsletter

Rockaway nonprofit opens ‘Requests for Qualifications’ for developers to help bring over 100 affordable homes to Edgemere

request

Jun. 11, 2024 By Ethan Marshall The Rockaways nonprofit Residents Acquiring Land Edgemere Community Land Trust (ReAL Edgemere CLT) revealed its Request for Qualifications (RFQ) on Friday, June 7, inviting affordable housing developers who meet these qualifications to partner in creating more than 100 affordable homes to 32 development sites in Edgemere. In addition to…
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Opposition to ‘City of Yes’ housing plan continues to grow in Northeast Queens

housing

Jun. 6, 2024 By Iryna Shkurhan Over 100 local residents packed out this month’s Community Board 11 meeting in Bayside to voice their opposition to the housing opportunity component of the City of Yes proposal, which seeks to pave the way for more housing by upending zoning laws.   The public meeting on Monday, June 3,…
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Housing lottery opens for 7-story mixed-use building in Corona, applicants required to qualify for Section 8

housing

Jun. 5, 2024 By Ethan Marshall New York City has launched a housing lottery for nine units in a 7-story mixed-use building at Elmcor Permanent Supportive Residences, located at 104-10 Northern Blvd. in Corona. The building has a total of 30 residences, with 21 of them being market-rate. Monica Lopez Architect designed the structure, while…
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Queens real estate brokers voice opposition on broker fee legislation, cite risks of higher rents and scarce housing

brokers

Jun. 3, 2024 By Ethan Marshall Real estate brokers in Queens are speaking out against a proposed New York City Council bill to legislate broker fees for residential rentals. The bill, Intro 360, mandates that any representative or agent involved in a residential rental transaction collect their fees from the party that hires them, whether…
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Queens tenants file legal challenge against state agency, claiming unjust rent hikes

tenants

May. 31, 2024 By Ethan Marshall Tenants from a collection of rent-stabilized buildings in Queens gathered outside the offices of the New York Division of Homes and Community Renewal (DHCR) last Friday, May 24, to announce their plans to file an Article 78 legal challenge. The action seeks to compel DHCR to address and resolve…
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Historic Tide Gate Bridge in Flushing Meadows Corona Park to get a $41 million upgrade

tide gate

May. 30, 2024 By Czarinna Andres City officials, including NYC Parks Commissioner Sue Donoghue and Queens Borough President Donovan Richards Jr., broke ground on the $41 million renovation of the 85-year-old Tide Gate Bridge in Flushing Meadows Corona Park, on Monday, May 28. The bridge, also known as Porpoise Bridge, spans 36 feet wide and…
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Six Queens neighborhoods rank among those with most excessive property fees in NYC: report

neighborhoods

May. 30, 2024 By Ethan Marshall The Queens neighborhoods of Flushing, College Point, Glen Oaks, Jackson Heights, Briarwood and Jamaica Estates ranked within the top ten neighborhoods in New York City with the most excessive property fees, according to a report by the financial services company CashNetUSA. The property fees taken into account for this…
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Whitestone’s brand new drainage system spanning 120 blocks is finally complete days before hurricane season

whitestone sewers-6

May. 29, 2024 By Iryna Shkurhan After almost a decade in the making and a $128 million investment from the city, a complete overhaul of Whitestone’s sewer system is finally complete.  The area’s elected officials, city agency heads and the workers who made it all happen, gathered on a quiet residential street Tuesday afternoon to…
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