Mar. 18, 2025 By Ethan Marshall New York City has launched a housing lottery for 15 units in an 8-story mixed-use building steps away from the Jamaica-179th Street train station. The building at 88-11 179th Pl. in Jamaica will have 49 total residential units, 34 at market rate. Of the other 15 units set…
Mar. 17, 2025 By Ethan Marshall Queens renters are feeling the squeeze as borough-wide apartment prices continue to climb. Studios, one-bedroom and two-bedroom units in Queens each experienced year-over-year rent increases of just under 5% during the month of February 2025, according to a report by the real estate firm M.N.S. Real Estate. The average…
Mar. 14, 2025 By Ethan Marshall Permits have been filed for the construction of an 8-story residential building with 68 housing units at the vacant lot occupying 11-27 Foam Pl. in Far Rockaway. The proposed building would be 85 feet tall and yield 45,759 square feet of residential space. With an average unit scope…
Mar. 13, 2025 By Ethan Marshall Northwest Queens saw a surge in real estate activity in February 2025, with prices rising across the board—but the most striking shift was the listing inventory, which more than doubled compared to the same period last year, according to a report by Douglas Elliman Real Estate. The listing…
Mar. 13, 2025 By Shane O’Brien The City Council has voted overwhelmingly in favor of modifications to zoning regulations for the planned $8 billion Metropolitan Park casino development adjacent to Citi Field in Flushing. The City Council voted 41-2 in favor of the proposal, a planned development by New York Mets owner Steve Cohen and Hard Rock…
Mar. 12, 2025 By Ethan Marshall Approximately 33,974 new homes were built in new buildings across New York City in 2024, according to the New York City Department of City Planning’s (DHS) Housing Database. This number, announced by DHS Director Dan Garodnick, marked the highest amount of completed units in a single year in…
Mar. 12, 2025 By Ethan Marshall Construction has completed for Trylon Tower, a new 16-story rental development at 98-81 Queens Blvd. in Rego Park. The building contains 170 housing units, ranging in size from one-bedroom to three-bedroom, including one-bedroom and two-bedroom units that feature alcoves. The units range in price from $3,000-$6,000 a month…
Mar. 4, 2025 By Shane O’Brien Mayor Eric Adams announced significant expansions to NYC Health + Hospitals’ medical respite bed program Tuesday, which offers patients experiencing homelessness a place to stay for up to 90 days after a major health event. Adams was joined by NYC Health + Hospitals CEO Dr. Mitchell Katz to…
Feb. 28, 2025 By Ethan Marshall As New York City experienced a large year-over-year increase in the number of homes to enter contract in January 2025, the median prices of homes entering contract went down, with the drop in Manhattan more than cancelling out increases in Queens and Brooklyn, according to a report by…
Feb. 26, 2025 By Ethan Marshall Permits have been filed for the construction of a 4-story residential building with 22 units at 21-05 Birdsall Ave. in Far Rockaway, which is currently just a vacant lot. The proposed building would be 40 feet tall and yield 14,713 square feet of space across the 22 residences.…