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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Apr. 4, 2023 By Julia Moro RentHop announced its new tool, RentHop RentCompare, which allows New York City renters to find out if they are overpaying or underpaying for rent. Average rental prices have been widely discussed among experts recently. RentHop’s new tool is meant to give more context to the topic and give renters…
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Mar. 21, 2023 By Julia Moro According to a new MNS report, in the last month, the average rental price throughout Queens increased by 1.42%, with prices going from $2,678 to $2,715 in February 2023. The neighborhood with the most significant month-over-month increase was Astoria, where studio rentals increased 7.2%, from $2,143 to $2,169. MNS…
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Jan. 30, 2023 By Michael Dorgan The Gotham Organization has announced that it has started leasing market-rate units in the largest of its two residential towers that have recently gone up on the Long Island City waterfront. The building, a 56-story complex known as the North Tower, forms part of the Gotham Point development and… Read more »