Dec. 19, 2024 By Shane O’Brien Eviction rates at New York City Housing Authority (NYCHA) properties have surged under the Permanent Affordability Commitment Together (PACT) program, raising concerns about tenant protections, according to a new audit by NYC Comptroller Brad Lander. The PACT program, designed to address decades of underfunding and disrepair in public…
Dec. 18, 2024 By Shane O’Brien A Forest Hills homeowners group has filed a motion for a preliminary injunction against the operators of Forest Hills Stadium due to the “harms caused” by the yearly concert series at the stadium. Forest Hills Garden Corp (FHGC), a homeowners association whose members live by the venue, has…
Dec. 18, 2024 By Ethan Marshall The average rental price in Queens for studio, one-bedroom and two-bedroom units maintained an upward trend from the previous year in November 2024, according to a report by the real estate firm M.N.S. Real Estate. Year-over-year, Queens experienced a 4.44% increase in its average rental price, from $2,763…
Dec. 18, 2024 By Ethan Marshall The median rent in Northwest Queens rose year-over-year in November 2024, marking the second consecutive month to experience such an increase, while the number of lease signings and available inventory continued to climb, according to a report by the real estate firm Douglas Elliman Real Estate. Northwest Queens…
Dec. 16, 2024 By Shane O’Brien Queens Borough President Donovan Richards has recommended conditional approval of the planned $8 billion Metropolitan Park development adjacent to Citi Field, citing the proposal’s potential positive impact on the local community. Richards announced his conditional approval of the Metropolitan Park proposal Monday, stating that casinos do not often…
Dec. 16, 2024 By QNS’s Advertising Partner Beach Green Dunes III Fostering community and prioritizing affordability in Edgemere, Queens. Beach Green Dunes III is a new, fully affordable mixed-use project currently in construction in the Edgemere neighborhood of Far Rockaway, Queens. Situated across the street from the Beach 36th Street A train station, and in…
Dec. 11, 2024 By Iryna Shkurhan In response to a growing gig economy, the New York State Dept. of State recently launched a new campaign to promote jobs that require a state-issued license. The ‘Be Your Own Boss’ campaign is a public service message to inform New Yorkers about the dozens of licensed professions…
Dec. 11, 2024 By Athena Dawson The New York City Council passed a package of bills on Thursday, Dec. 5, aimed at addressing increasing flooding issues across the city. The legislation, Intro 0814 and Intro 0815, was introduced and authored by Council Member James F. Gennaro, who represents District 24, covering neighborhoods such as Briarwood, Fresh…
Dec. 10, 2024 By Ethan Marshall The real estate developer Slate Property Group announced that it has partnered with White Oak Real Estate Capital to provide a $70 million construction loan to Watermark Capital Group for the development of a 26-story, 184-unit multifamily building at 41-08 Crescent St. in Long Island City. Watermark Capital Group,… Read more »
Dec. 9, 2024 By Max Parrott A Jamaica-based business development and management consulting firm hosted a networking event in Jamaica last week aimed at supporting local construction businesses. R.F. Wilkins Consultants hosted a strategy and networking event on Wednesday night to equip construction-related business owners with the knowledge to scale their businesses to the…