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…
Jun. 3, 2025 By Shane O’Brien As New York City grapples with the ongoing housing crisis, CityFHEPS, a city-funded voucher program for low-income households, has played an increasingly prominent role in securing housing for some of the poorest residents in the city. But the program, which has grown astronomically since its inception in 2018,…
May. 29, 2025 By Ethan Marshall Following extensive infrastructure and resiliency improvement efforts, the reconstructed section of Edgemere Avenue between Beach 32nd Street and Beach 38th Street on the Rockaway Peninsula finally reopened on Wednesday, May 28. The reconstruction effort, which took nearly two years, resulted in green infrastructure elements being incorporated. Edgemere Avenue…
May. 27, 2025 By Shane O’Brien The New York State Senate has voted overwhelmingly in favor of legislation that would allow Mets owner Steve Cohen and Hard Rock International to transform 50 acres of Citi Field parking lot into Metropolitan Park, an $8 billion entertainment complex anchored by a casino. On Tuesday, lawmakers voted…
May. 27, 2025 By Shane O’Brien State Sen. Michael Gianaris has joined Manhattan Assembly Member Linda Rosenthal to introduce legislation to reform the Rent Guidelines Board, the board that determines how much landlords can hike rents each year on the city’s nearly 1 million rent stabilized apartments. Gianaris and Rosenthal are critical of the…
May. 21, 2025 By Ethan Marshall Queens seniors, defined as those at least 65 years of age, are finding it more difficult to stay afloat financially, compared to a decade ago, according to a report by the Center for an Urban Future (CUF), a nonprofit that works to reduce inequality, increase economic mobility and…
May. 20, 2025 By Ethan Marshall Permits have been filed for the construction of a 6-story residential building with 57 housing units on the vacant lot at 155 Beach 30th St. near the Beach 30th Street Playground in Far Rockaway. The proposed building would be 70 feet tall and yield 90,735 square feet across…
May. 20, 2025 By Shane O’Brien The United States Tennis Association (USTA) has announced an $800 million investment, unveiling plans to reimagine Arthur Ashe Stadium and construct a cutting-edge Player Performance Center to elevate the US Open’s global stature and athlete experience in Flushing. The investment, which represents the largest single investment in US…
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…
May. 13, 2025 By Shane O’Brien New York City’s housing crisis is no secret and the city’s low-cost housing landscape remains extremely difficult to navigate, including a housing lottery system theoretically devised to provide a solution for the dire need for accommodation. A problem that has been brewing for decades, the housing crisis continues…