Jul. 11, 2023 By John Schilling Rent payments in northwestern Queens have become more expensive this year, according to a recent report from New York City-based listing platform RentHop. Based on data from RentHop listings between January and June 2023, the report examined 170 total neighborhoods throughout Queens, Brooklyn, Manhattan and the Bronx to determine…
Read More
Jun. 27, 2023 By Julia Moro According to RentCafe’s June report, Queens maintained its status as one of the most sought-after places for renters this month while surpassing Manhattan’s rental activity. Manhattan had an increase in demand this month; however, it wasn’t enough to beat out Queens’ booming market. “Listing views in Manhattan rose by…
Read More
Jun. 20, 2023 By Julia Moro StreetEasy data found that competition in May was toughest in Queens, where the average listing received 133% more inquiries compared to May 2019, more than double the pre-pandemic level. StreetEasy credits this surge to New Yorkers looking for more affordable homes across the city, leading to intense competition in…
Read More
Jun. 12, 2023 By Julia Moro According to a new Douglas Elliman report, the median rent in the northwest region of Queens for the month of May was the second-highest on record, just short of the prior month’s record. The median rental price increased by 15.3% from the previous year. For the month of May, the…
Read More
Jun. 1, 2023 By Bill Parry Construction workers gathered in the future lobby of the Beach Channel Drive apartment complex for a traditional topping-off ceremony in Far Rockaway, the development team announced on May 30. The development at 13-12 Beach Channel Drive will include a 100% affordable housing development consisting of an eight-story building with…
Read More
May. 16, 2023 By Julia Moro For many Queens residents, proximity to public transit has always been a crucial factor to consider when looking for an apartment. According to a new RentHop report, new developments in Queens are driving up the rent of one-bedroom units, reaching $3,800 and over, along convenient subway lines. In Long…
Read More
May. 9, 2023 By Julia Moro StreetEasy released a new report revealing a disturbing data point: the typical white household could afford five times as many market-rate rentals in New York City compared to the typical Black household and seven times as many as a Hispanic household. This new report, combined with data from the…
Read More
May. 2, 2023 By Danielle Louie Madison Realty Capital announced it is opening its leasing for two residential towers at Woodside Central. The two towers will be a part of a mixed-use development on Queens Boulevard including mixed-income apartments, retail facilities, outdoor space. This project will also include a new public school. In collaboration with…
Read More
Apr. 21, 2023 By Bill Parry New York City Football Club (NYCFC) is moving forward with its plan to build a $780 million, privately-financed, state-of-the-art 25,000-seat soccer stadium at Willets Point. The 2021 Major League Soccer champions have selected HOK as the architect and Turner Construction Company as the general contractor to design and build…
Read More
Mar. 13, 2023 By Danielle Louie According to a new report released by Douglas Elliman, the average and median price of rentals in Queens reached the highest on record, with the average rental price at $5,186 and a median price of $4,095. The rental market report for February 2023 reveals the second-highest February record for…
Read More