May. 7, 2025 By Ethan Marshall The city has launched a housing lottery for all 189 units at Edgemere Commons B1, a new affordable housing development located at 51-19 Beach Channel Drive in Far Rockaway. The building is part of the larger Edgemere Commons project, which will ultimately include 11 buildings and 2,050 total…
May. 2, 2025 By Shane O’Brien Hard Rock International Chairman and CEO Jim Allen addressed hundreds of Queens-based vendors and small business owners Thursday morning at the Queens Theatre, outlining how they could play a key role in shaping the proposed $8 billion Metropolitan Park casino and entertainment complex near Citi Field—if the project…
May. 1, 2025 By Ethan Marshall March 2025 marked the seventh consecutive month in which the number of homes to enter contract in New York City increased year-over-year, according to a report by the real estate listing site StreetEasy. Over this period of time, homes entering contract rose 8.7%, from 2,003 in March 2024…
Apr. 30, 2025 By Athena Dawson Dozens of protestors rallied in front of Queens Housing Court in Jamaica on Thursday, April 10th, calling on Gov. Kathy Hochul and Queens elected officials to pass crucial statewide tenant-rights legislation. The protest brought supporters of all backgrounds, including tenant organizers, union members, and nonprofit organizations, who demanded…
Apr. 30, 2025 By Ethan Marshall While most major urban hubs across the United States continued to see the average size of apartments shrink in 2024 compared to 2015, one of the few exceptions to this trend was Queens, according to a report by the real estate listing site RentCafe. New apartments completed in…
Apr. 29, 2025 By Ethan Marshall The median sale price across New York City rose 10% year-over-year in the first quarter of 2025, from around $698,000 last year to $768,000 this year, according to a report by the real estate database site PropertyShark. Several Manhattan neighborhoods had the most significant increases over this period…
Apr. 28, 2025 By Czarinna Andres The Church of Jesus Christ of Latter-day Saints has signed a contract to sell a long-vacant development site at 3229 Far Rockaway Blvd. for $8 million, public filings show. The buyer, Walton Realty NY LLC, is based in Williamsburg, Brooklyn, at an address commonly associated with real estate…
Apr. 18, 2025 By Ethan Marshall The cost of rent for apartments in Queens continued to trend upwards year-over-year in March 2025, according to a report by the real estate firm M.N.S. Real Estate. Studios, one-bedroom units and two-bedroom units all experienced price increases over this period of time. The average rent across the borough…
Apr. 15, 2025 By Ethan Marshall While first-time foreclosure filings in the New York metro area went down during the first quarter of 2025 compared to the same quarter in 2024, Queens emerged as having the most foreclosures over this period, according to a report by the real estate site PropertyShark. Year-over-year, first-time foreclosures…
Apr. 15, 2025 By Alicia Fernandez The city’s zeal to enforce new environmental laws is set to crush the City’s middle-class housing stock under the weight of shockingly untenable fines. At issue is the implementation of Local Law 97, which was passed in 2019. The ambitious law sets emissions limits for buildings over 25,000…