Apr. 14, 2025 By Ethan Marshall Northwest Queens experienced a huge boost in its inventory of listings in March 2025 compared to the same month the previous year, according to a report by Douglas Elliman Real Estate. Year-over-year, the listing inventory in northwest Queens, which includes the neighborhoods of Astoria, Long Island City, Sunnyside and…
Apr. 10, 2025 By Ethan Marshall In a city of small apartments and constant turnover, Queens just claimed the crown—for self-storage. Queens recorded the highest volume of self-storage space sales in the United States in 2024, with neighboring Brooklyn not far behind, according to a recent report by the storage facility site Storage Cafe.…
Apr. 3, 2025 By Ethan Marshall During the first two months of 2025, the rental markets in the New York City boroughs of Queens, Manhattan and Brooklyn have each gone through different year-over-year trends, according to a report by the real estate listing site RentCafe. By analyzing five key metrics for rental competitiveness for…
Apr. 3, 2025 By Ethan Marshall Construction is set to begin this month on Edgemere Commons Building A2, an 18-story 100% affordable housing building with 244 units at 337 Beach 52nd St. in Far Rockaway. This will be the second building by Tishman Speyer at Edgemere Commons. A third building, developed by Arker Companies…
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…
Mar. 19, 2025 By Bill Parry Four men—two from southeast Queens, one from Long Island, and another from New Jersey—along with three companies, have been indicted by a Queens grand jury for allegedly orchestrating a deed fraud scheme that led to the theft of homes in Kew Gardens Hills, Jamaica Estates, and Queens Village.…
Mar. 17, 2025 By Ethan Marshall Queens renters are feeling the squeeze as borough-wide apartment prices continue to climb. Studios, one-bedroom and two-bedroom units in Queens each experienced year-over-year rent increases of just under 5% during the month of February 2025, according to a report by the real estate firm M.N.S. Real Estate. The average…
Mar. 14, 2025 By Ethan Marshall Permits have been filed for the construction of an 8-story residential building with 68 housing units at the vacant lot occupying 11-27 Foam Pl. in Far Rockaway. The proposed building would be 85 feet tall and yield 45,759 square feet of residential space. With an average unit scope…
Mar. 13, 2025 By Shane O’Brien The City Council has voted overwhelmingly in favor of modifications to zoning regulations for the planned $8 billion Metropolitan Park casino development adjacent to Citi Field in Flushing. The City Council voted 41-2 in favor of the proposal, a planned development by New York Mets owner Steve Cohen and Hard Rock…
Mar. 12, 2025 By Ethan Marshall Approximately 33,974 new homes were built in new buildings across New York City in 2024, according to the New York City Department of City Planning’s (DHS) Housing Database. This number, announced by DHS Director Dan Garodnick, marked the highest amount of completed units in a single year in…