Tag: real-estate-newsletter

Housing lottery opens for 189 units at Edgemere Commons in Far Rockaway, rent starts at $544

housing lottery

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…

Hard Rock CEO outlines vendor opportunities for $8B Metropolitan Park casino project

Hard Rock

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…

Tenant advocates call on Gov. Hochul and Queens electeds to support eviction protections statewide

tenant

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…

Leasing launches at Ruby Square in Downtown Jamaica for 614 new mixed-income apartments

Ruby Square

Apr. 28, 2025 By Ethan Marshall Leasing has officially launched for the 614 units at Ruby Square, a new mixed-income residential development at 166-20 90th Ave. in Jamaica. The real estate firm BRP Companies launched leasing for this property, which features retail space spanning 25,000 square feet, residential amenities covering 15,000 square feet and…

Rents rise in 10 of 11 Queens neighborhoods, with Sunnyside as the only exception: report

rent

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…

Queens sees most NYC foreclosures in Q1 2025, with 11413 as top hotspot: report

laurelton homes

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…