Jun. 4, 2025 By Ethan Marshall Home prices more than doubled in 24 neighborhoods across New York City over the past decade—including seven in Queens—according to a new report from real estate research site PropertyShark that highlights dramatic shifts in the city’s housing market between 2014 and 2024. The Queens neighborhoods to experience this…
May. 14, 2025 By Ethan Marshall The affordable and mixed-income real estate developer Tredway announced it has acquired the 602-unit family-designated Ocean Park Apartments, located at 125 Beach 17th St. in Far Rockaway. As part of this $88 million acquisition, Tredway entered into an agreement with the New York City Department of Housing Preservation…
Mar. 21, 2025 By Shane O’Brien Mayor Eric Adams has announced the start of the public review ULURP process for the Jamaica Neighborhood Plan, an ambitious proposal to rezone a significant portion of Downtown Jamaica and deliver thousands of homes and thousands of jobs to an area that has faced decades of disinvestment. Adams…
Nov. 12, 2024 By Ethan Marshall Housing units in Queens had the average cost of rent go up 3.28% in October 2024, compared to the same month the previous year, according to a report by the real estate firm M.N.S. Real Estate. Year-over-year, the average rent in Queens rose from $2,803 in October 2023…
Nov. 6, 2024 By Athena Dawson New affordable senior housing will soon be available in downtown Jamaica. Affordable housing developer Breaking Ground announced on Wednesday, Oct. 23, that it has officially topped off its Sutphin Senior Residence located at 97-04 Sutphin Blvd. The residential building is expected to open at the end of 2025.…