Jul. 18, 2023 By Julia Moro A new report from PropertyShark found that St. Albans closed Q2 as the city’s foreclosure epicenter with 14 total filings. New York City closed Q2 2023 with 81% more foreclosures than the previous year. And since the foreclosure moratorium has been lifted, filings were observed to be slightly increasing…
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Jul. 13, 2023 By Michael Dorgan Leasing has begun at a new luxury 11-story apartment building in Forest Hills that will also feature a Trader Joe’s on its ground floor. The new building, a red-bricked development called The Yellowstone, has 166 units and is located at 69-65 Yellowstone Blvd. The building comes with a fitness…
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Jul. 13, 2023 By Bill Parry
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…
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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…
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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…
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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…
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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…
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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…
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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…
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