Tag: real-estate-newsletter

Rockaway nonprofit opens ‘Requests for Qualifications’ for developers to help bring over 100 affordable homes to Edgemere

request

Jun. 11, 2024 By Ethan Marshall The Rockaways nonprofit Residents Acquiring Land Edgemere Community Land Trust (ReAL Edgemere CLT) revealed its Request for Qualifications (RFQ) on Friday, June 7, inviting affordable housing developers who meet these qualifications to partner in creating more than 100 affordable homes to 32 development sites in Edgemere. In addition to…
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Queens real estate brokers voice opposition on broker fee legislation, cite risks of higher rents and scarce housing

brokers

Jun. 3, 2024 By Ethan Marshall Real estate brokers in Queens are speaking out against a proposed New York City Council bill to legislate broker fees for residential rentals. The bill, Intro 360, mandates that any representative or agent involved in a residential rental transaction collect their fees from the party that hires them, whether…
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Queens tenants file legal challenge against state agency, claiming unjust rent hikes

tenants

May. 31, 2024 By Ethan Marshall Tenants from a collection of rent-stabilized buildings in Queens gathered outside the offices of the New York Division of Homes and Community Renewal (DHCR) last Friday, May 24, to announce their plans to file an Article 78 legal challenge. The action seeks to compel DHCR to address and resolve…
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Six Queens neighborhoods rank among those with most excessive property fees in NYC: report

neighborhoods

May. 30, 2024 By Ethan Marshall The Queens neighborhoods of Flushing, College Point, Glen Oaks, Jackson Heights, Briarwood and Jamaica Estates ranked within the top ten neighborhoods in New York City with the most excessive property fees, according to a report by the financial services company CashNetUSA. The property fees taken into account for this…
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Queens dominates list of NYC’s most sought-after neighborhoods for roommates

Happy female couple holding a key while after moving into their new apartment.

May. 22, 2024 By Ethan Marshall Among the five boroughs in New York City, Queens is found to have the most ‘up-and-coming’ neighborhoods for roommates, according to a report by the roommate finding site SpareRoom. This conclusion was reached based on an analysis SpareRoom conducted of over 15 million roommate searches on their site from…
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Rental prices in Queens increase over 4% year-over-year: report

increase

May. 22, 2024 By Ethan Marshall The average rental price of studio, one-bedroom and two-bedroom units in Queens increased 4.32% year-over-year in April 2024, according to a report by the real estate firm M.N.S. Real Estate. Studios in Queens had by far the biggest jump in rental price, rising 10.19% year-over-year, from $2,128 in April…
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Queens building boom slows: Lowest development permits issued since 2016

queens

May. 10, 2024 By Ethan Marshall Queens residents can expect a slowdown in the amount of new development in the coming years. The number of building permits issued in Queens in 2023 was the lowest since 2016, with developers obtaining 3,834 permits in the borough last year, according to a report by the New York City…
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Property management platform Outpost Club leads the way in affordable urban living, merging co-living and co-working in NYC

outpost club

Apr. 29, 2024 By Ethan Marshall As New York City tries to provide more affordable housing to its residents, the real estate and management platform Outpost Club has been hard at work creating affordable housing dwellings. The Outpost Club is redefining urban living in New York City by merging co-living and co-working under one roof….
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