Sep. 6, 2024 By Ethan Marshall The average rental price for housing units across Queens went up 4.07% year-over-year in August 2024, according to a report by the real estate firm M.N.S. Real Estate. Queens had its overall rental price jump from $2,812 in August 2023 to $2,926 in August 2024. Studios, one-bedroom, and…
Sep. 6, 2024 By Ethan Marshall New York City has launched a housing lottery for 182 units in The Monarch, a 24-story mixed-use development at 92-29 Guy R Brewer Blvd. in Jamaica that opened last July. The building has 605 total residences, with 30 available in the housing lottery for those earning 80% of…
Sep. 3, 2024 By Iryna Shkurhan Queens now has a new and unexpected destination for rooftop drinks with skyline views—Cityview Rooftop Lounge in College Point. It officially opened to the public on Thursday afternoon, marking the end of a successful soft opening over the summer. The owners and locals celebrated with a ribbon-cutting ceremony…
Sep. 3, 2024 By Ethan Marshall The New York City Office of Environmental Remediation (OER) has applied for an extensive cleanup of the development at 120-30 Jamaica Ave. in Richmond Hill before construction of a new school begins. The 32,497 square-foot development contains a 4-story manufacturing building, a 2-story former retail/office building currently being…
Aug. 30, 2024 By Ethan Marshall Construction is now underway for a 4-story school building in Laurelton that will be a part of Merrick Academy. Located at 134-11 221st St., the finished building will stand 60,000 square feet tall. It will help support the growing K-8 program at Merrick Academy, with the intention of…
Aug. 27, 2024 By Shane O’Brien Queens Borough President Donovan Richards has announced his conditional support for Mayor Eric Adams’ City of Yes housing plan, which would update the city’s zoning laws and make it easier to build affordable housing units and convert office buildings to housing. The city estimates that the proposal could…
Aug. 27, 2024 By Ethan Marshall Tesla has bought a 40,037-square-foot parking lot in Maspeth for $18 million for the purpose of developing a new charging station for electric vehicles. The lot, located at 48-26 54th Rd., was initially reached on Monday, Aug. 16, according to city records. Tesla’s charging business director, Max de…
Aug. 26, 2024 By Anthony Medina A group of New York City agencies will return to a Ridgewood community center next month for an evening dedicated to answering questions from homeowners and residents. Queens Council Member Robert Holden, who represents City Council District 30, has partnered with the Ridgewood Property Owners and Civic Association…
Aug. 21, 2024 By Ethan Marshall The New York City metropolitan area is on track to lead the United States in new apartments constructed among major cities in 2024, according to a report by the real estate firm RentCafe. With 32,935 new rentals expected to be completed by the end of the year, the…
Aug. 20, 2024 By Ethan Marshall New York City saw the number of new listings in July 2024 reach its lowest level since 2016, with Queens experiencing a deep decline in new listings over this period, according to a report by the real estate listing site StreetEasy. Year-over-year, the number of new listings in…