Aug. 14, 2024 By Ethan Marshall The average rental price for all units in Queens rose 6.76% year-over-year in July 2024, according to a report by the real estate firm M.N.S. Real Estate. This jump continues an upward trend seen in the previous month. The overall average rental price in Queens jumped from $2,734…
Aug. 13, 2024 By Ethan Marshall Permits have been filed for the construction of a 14-story community facility between Union Street and Bowne Street in Flushing. The proposed development, located at 138-30 Northern Blvd., would be 182 feet tall and yield 65,387 square feet if built. This building would be designated for community facility…
Aug. 12, 2024 By Athena Dawson Dozens of residents testified in person and on Zoom for a City of Yes for Housing hearing chaired by Queens Borough President Donovan Richards on Thursday, Aug. 8. Residents headed to the second floor of Queens Borough Hall in Kew Gardens to voice their varying opinions on the …
Aug. 7, 2024 By Ethan Marshall Out of the 100 largest cities in the United States, Queens ranked 95th when it came to the average size of an apartment for $1,500 a month, according to a report by the real estate site RentCafe. The study’s results concluded that apartments in Queens with a $1,500…
Aug. 1, 2024 By Ethan Marshall The median sales price for new developments across Queens fell from the second quarter of 2023 to the second quarter of 2024, according to a report by the New York City real estate firm M.N.S. Real Estate. Year-over-year, the median sales price for these developments in Queens dropped…
Jul. 30, 2024 By Athena Dawson Local elected officials joined a real estate development firm and project partners for the grand opening of a new mixed-use development in downtown Jamaica. On Thursday, July 25, BRP Companies celebrated the grand opening of The Monarch, a 25-story, 605-unit mixed-use development located at 92-29 Guy R. Brewer…
Jul. 29, 2024 By Ethan Marshall New York City has launched a housing lottery for 58 units in an 8-story building at 18-26 Redfern Ave. in Far Rockaway. The building has 59 residences, one of which will be being rented at market rate. The other 58 units have been set aside for those earning…
Jul. 25, 2024 By Athena Dawson Flushing Council Member Sandra Ung (D-20) has introduced a bipartisan bill protecting homeowners from squatters. Ung partnered with Republican Minority Leader Joseph Borelli (D-51) on legislation requiring the NYPD to create a home vacancy program, protecting property owners and tenants from squatters illegally occupying their homes. The program…
Jul. 25, 2024 By Ethan Marshall The New York City Department of Health and Mental Hygiene (DOHMH) and the Department of Design and Construction (DDC) on Wednesday, July 24 announced the start of a $10.5 million renovation project at the Corona Health Center. “The people of Queens deserve to have public health services delivered…
Jul. 24, 2024 By Ethan Marshall Queens had the fifth-highest amount of rental activity across the United States through the first half of 2024, according to a report by the real estate searching site RentCafe. Year-over-year, Queens had a 138% increase in page views on RentCafe from the first half of 2023 to 2024.…