Nov. 6, 2023 By Ethan Marshall A study conducted by the New York City real estate firm StreetEasy concluded that 35.7% of previously-owned New York City homes on the market don’t get sold. StreetEasy also concluded that the average listing spends a median of 89 days on the market in New York City, compared to…
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Nov. 1, 2023 By Ethan Marshall Over the last decade, Long Island City has experienced a lot of growth when it comes to housing. There are still many more opportunities for more growth, but this also comes with more challenges. Brad Zackson, the director of development and co-founder of the real estate development, investment and… Read more »
Nov. 1, 2023 By Ethan Marshall The real estate company Durst Organization and its general contractor Urban Atelier Group have topped out construction of a two-tower, mixed-use complex at 20 Halletts Point Rd. and 30 Halletts Point Rd. in Astoria on Thursday, Oct. 26. The towers, which will contain 647 total units, now stand at 27… Read more »
Oct. 31, 2023 By Ethan Marshall A new mixed-use, mixed-income multifamily project is currently in the works in Long Island City. Referred to as the Jasper Project, this 13-story building is being worked on along 50th Avenue and 5th Street by Domain Companies, LMXD and the Vorea Group. The building is expected to have 499 housing… Read more »
Oct. 24, 2023 By Czarinna Andres A new boathouse that focuses on environmental sustainability and recreation will officially open in Long Island City this week. The Queens Landing Boathouse & Environmental Center, located at 57-28 2nd St., is opening Wednesday, Oct. 25, and represents a partnership between the Hunters Point Parks Conservancy (HPPC) and the… Read more »
Oct. 20, 2023 By Ethan Marshall According to a study conducted by the nationwide apartment search website RentCafe, the Queens ZIP Code of 11101, which covers Long Island City, ranks third in new apartments completed from 2018-22. RentCafe hypothesizes that a big contributing factor to the high demand among renters is due to Long Island… Read more »
Oct. 2, 2023 By Bill Parry Long Island City Partnership (LICP) announced the return of the LIC Summit on Oct. 17 at the Museum of the Moving Image in Astoria. Now in its ninth iteration, the Summit will bring together thought leaders from diverse sectors and feature enlightening panels highlighting Long Island City’s reputation as… Read more »
Sept. 27, 2023 By Ethan Marshall According to a report from StreetEasy, Manhattan is experiencing the largest increase in rental inventory among all the boroughs in New York City. Five of the 10 neighborhoods across the city going through the fastest growth are in Manhattan. Additionally, Long Island City made the list as the lone… Read more »
Sept. 15, 2023 By Ethan Marshall According to StreetEasy’s August 2023 market report, Long Island City experienced the eighth-fastest growth in rental inventory compared to 2019 in all of New York City. It was the only part of Queens to place in the top 10. According to the report, Long Island City experienced a year-over-year… Read more »
Sep. 14, 2023 By Calvin Yan Being a real estate agent in Queens brings new opportunities and challenges each day. As an agent with listings in the borough for the past several years, I have an inside look into this work and how the rental market functions. In an average day, I might have to show many apartments across all different parts of the borough and other boroughs, while also updating and promoting listings and responding to renters asking for time-sensitive information about available units. It isn’t just from 9 to 5 and includes late nights and weekends. And of…
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