Oct. 22, 2024 By Ethan Marshall New York City, in partnership with L+M Development Partners, Triangle Equities and The Bluestone Organization, has launched a housing lottery for 116 units in a mixed-use building located at 3-51 Beach 35th St. in Far Rockaway. Known as Beach Green Dunes III, the building has a total of…
Tag: real-estate-newsletter
First-time foreclosure rates in Queens drop in third quarter of 2024 from previous year: report
Oct. 21, 2024 By Ethan Marshall As the first-time foreclosure market continued to slow across New York City during the third quarter of 2024 compared to the same period of time the previous year, Queens contributed immensely to this change, according to a report by the real estate agency PropertyShark. Across New York City,…
New contracts in NYC get huge boost thanks to declining mortgage rates: report
Oct. 16, 2024 By Ethan Marshall The number of homes entering contract across New York City increased significantly year over year, thanks in large part to a decline in mortgage rates, according to a report by the real estate listing site StreetEasy. Over this period, there was a 26.4% increase in homes entering contracts,…
Permits filed for 4-story residential building in Far Rockaway
Oct. 15, 2024 By Ethan Marshall Permits have been filed for the construction of a 4-story residential building at 616 Hartman Ln. in Far Rockaway. The proposed development, located between Beach 25th Street and Hartman Lane, would be 40 feet tall and yield 29,418 square feet when built. Demolition permits will not be needed,…
New leases in northwest Queens continue upward trend in September 2024 compared to previous year: report
Oct. 14, 2024 By Ethan Marshall The number of new leases for rentals signed in northwest Queens maintained its year-over-year surge in September 2024, according to a report by the real estate firm Douglas Elliman Real Estate. New leases signed spiked up 188.2% year-over-year, from just 296 in September 2023 to 853 in September…
Queens Civic Congress calls for halt and investigation into City of Yes amid mayor’s federal charges
Oct. 3, 2024 By Iryna Shkurhan A group representing dozens of civic and neighborhood organizations across Queens is calling for an investigation into a citywide housing proposal amid federal probes into the mayor and his administration. On Monday, the Queens Civic Congress released a statement calling for an immediate halt to the City of…
Squatter pleads guilty to occupying vacant Jamaica home, providing forged documents to authorities: DA
Oct. 1, 2024 By Bill Parry A Brooklyn squatter admitted he illegally occupied a Jamaica home and provided forged documents to authorities to stake his claim to the property as a legal tenant. Lance White-Hunt, 24, of 18th Street in South Slope, pleaded guilty to identity theft in the first degree, offering a false…
Celebrate ‘Archtober’ with architecture centered events at Flushing Town Hall this October
Sep. 30, 2024 By Athena Dawson Flushing Town Hall is set to celebrate New York City’s Architecture and Design Month this October. The multidisciplinary performing arts venue hosts various events in partnership with AIA Queens- a chapter of the American Institute of Architects- and the Queens Foundation for Architecture. Throughout the month of October, residents…
Queens, Brooklyn and Manhattan experiencing more competition in rental market: report
Sep. 17, 2024 By Ethan Marshall Over the course of the summer of 2024, viewed as the peak rental season, Queens and Brooklyn each experienced sharp increases in competition among renters compared to the same time in 2023 and Manhattan maintaining a high degree of such competition, according to a Rental Competitiveness Report by…
City Planning Dept appoints new leadership for Queens office to lead development plans in Long Island City and Jamaica
Sep. 16, 2024 By Czarinna Andres The Department of City Planning (DCP) announced a leadership change for its Queens Office, located at 120-55 Queens Blvd. in Kew Gardens, on Friday, Sept. 13. Lin Zeng was named Director, and Kathi Ko was appointed Deputy Director. The appointments come as the office ramps up efforts to…