Tag: real-estate

NYC one of most expensive weekend city breaks in country, according to study

Aug. 23, 2023 By Ethan Marshall A study conducted by the travel information site Scott and Yanling concluded that New York City is the second-most expensive city in the United States where people can take weekend getaways. Scott and Yanling concluded it costs $1,291 to spend the weekend in New York City. The study was…
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Far Rockaway councilwoman gets high marks from southeast Queens colleagues for Ocean Crest rezoning negotiations

Aug. 17, 2023 By Bill Parry Southeast Queens elected leaders are praising Councilwoman Selvena Brooks-Powers for negotiating a deal with the developers of Ocean Crest, a 100% affordable homeownership project in Far Rockaway, two weeks after the City Council approved the rezoning. The project, which would facilitate 89 new homeownership units in Bayswater, represents the…
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New real estate report shows increase in sales for Queens units

Aug. 8, 2023 By Ethan Marshall The real estate agency M.N.S. recently released its development sales report for the second quarter of 2023, which revealed not only a large increase in the sales volume of units, but also an increase in the median price per square foot in Queens. According to the report, the sales…
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Developers announce topping off at Beach Channel Drive affordable apartment project in Far Rockaway

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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Queens real estate market recorded over $4.4 billion in 2022 transactions: Report

Feb. 21, 2023 By Danielle Louie The Queens real estate investment sales market recorded 659 transactions, totaling over $4.4 billion dollars in 2022, according to a report from Ariel Property Advisors.  “Investment activity in Queens was fueled by the first half of 2022 which was the best half-year ever, both in transaction and dollar volume,” said…
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