Tag: Real Estate

Studios rent for about $2,450 in Astoria affordable housing lottery

Dec. 26, 2023 By Christian Murray Five units located in a new development in Astoria are now up for grabs as part of an affordable housing lottery. The units are located in a 5-story complex located at 26-31 3rd St., in a building that will contain 16 units. There is one studio available via the… Read more »

Rents climb in LIC and Astoria, while condo prices are mixed: report

Nov. 14, 2023 By Ethan Marshall Rental prices were up while condos prices were mixed in Long Island City and Astoria in the third quarter of 2023, compared to the same period in 2022, according to a market report recently released by Queens real estate firm Modern Spaces. The average price to rent an apartment… Read more »

Median rent in northwestern Queens drops as market outlook weakens: report


Nov. 14, 2023 By Ethan Marshall The median rent in northwest Queens plummeted in October, down 9.4% from September, according to a market report recently released by the real estate firm Douglas Elliman. The amount paid to rent an apartment in northwest Queens — covering Astoria, Long Island City, Sunnyside and Woodside — had a median…
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One in three NYC homes on the market don’t sell: report


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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New mixed-use, mixed-income homes coming to LIC

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 »