Apr. 26, 2024 By Iryna Shkurhan New York homeowners have one less thing to worry about after squatters were stripped of their tenants rights in the recently passed state budget. The law now reads “a tenant shall not include a squatter.” This will make it easier for police to remove squatters without forcing the owner…
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Tag: real-estate-newsletter
Housing lottery opens for 17-story mixed-use building in Far Rockaway, rent starts at $617
Apr. 24, 2024 By Ethan Marshall New York City has launched a housing lottery for 134 units in the 17-story mixed-use building The Peninsula A1, also known as Edgemere Commons Apartments, at 51-23 Beach Channel Dr. in Far Rockaway. The Peninsula A1 has 194 apartments, 60 of which are market rate. The 134 affordable units…
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New York City FC marks new stadium approval with win at Citi Field; Moves up in Eastern Conference
Apr. 23, 2024 By QNS News Team New York City Football Club (NYCFC) celebrated the recent approval of a new 25,000-seater stadium in Willets Point with a 2-0 victory over DC United at Citi Field on Saturday, Apr. 20. Goals from Santiago Rodriguez and Julián Fernández gave NYCFC a deserved victory that saw them leapfrog…
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Queens was the only NYC borough to experience year-over-year increase in new listings in March 2024: report
Apr. 22, 2024 By Ethan Marshall While New York City as a whole has experienced a decline in the number of housing units on the market over the past year, the borough of Queens has bucked the trend. Unlike the other boroughs, Queens experienced an increase in new listings in March 2024 compared to March…
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Squatters take over abandoned Triple Crown Diner in Bellerose
Apr. 17, 2024 By Czarinna Andres The once-popular Triple Crown Diner, which has been closed for years, has now become a makeshift residence for a group of squatters. The iconic eatery, once known for its round-the-clock service and bustling crowds, now presents a stark contrast with shattered glass doors and an overwhelming stench indicating long-term…
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Average rental price in Queens increases nearly 3.5% year-over-year: report
Apr. 16, 2024 By Ethan Marshall The average rental price of studio, one-bedroom and two-bedroom units across Queens increased 3.42% year-over-year from March 2023 to March 2024, according to a report released by the real estate firm M.N. S. Real Estate. Studios experienced the most significant year-over-year increase, with the average rental price rising 7.2%,…
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Northwestern Queens rentals experience spike in new leases from March 2023 to March 2024: report
Apr. 12, 2024 By Ethan Marshall The number of new leases of residential units nearly doubled to the highest on record from March 2023 to March 2024, according to a report by the real estate agency Douglas Elliman. During the same period of time, the median rental price for units in northwestern Queens decreased slightly….
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Queens had most foreclosures among NYC boroughs in first quarter of 2024: report
Apr. 10, 2024 By Ethan Marshall Queens accounted for the most foreclosures among the New York City boroughs in the first quarter of 2024, with 191, according to a report by the real estate agency PropertyShark. These 191 foreclosures accounted for 45% of the 424 cases that occurred in New York City this quarter. Its…
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Housing lottery opens for 7-story residential building in Flushing, rent starts at $2,550
Apr. 8, 2024 By Ethan Marshall New York City has launched a housing lottery for 15 units in the 7-story residential building Haru Apartments, located at 138-25 Barclay Ave. in Flushing. There are a total of 48 residences at Haru Apartments, with 15 affordable units now available on the housing lottery. These affordable units consist…
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Contrasting poll results on Queens’ support for Metropolitan Park Casino and Entertainment Complex
Apr. 8, 2024 By Bill Parry
Before the shovels hit the ground on New York Mets owner Steve Cohen’s proposed $8 billion casino and entertainment complex in Corona, he would need new legislation allowing construction atop the public parkland where Shea Stadium once stood.