Tag: real-estate-newsletter

Poverty among Queens seniors surges nearly 50% over the past decade: Report

queens seniors

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…

USTA unveils $800M renovation of Arthur Ashe Stadium to enhance US Open experience

US open

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…

Developer unveils long-term vision to bring 2,000 new apartments and infrastructure upgrades to Fresh Meadows

fresh meadows

May. 13, 2025 By Ethan Marshall A major development proposal in eastern Queens could reshape the Fresh Meadows neighborhood with thousands of new apartments, upgraded infrastructure and improved community amenities. Queens Fresh Meadows LLC announced plans on Friday, May 9, to seek city approval for a large-scale redevelopment effort known as the “Fresh Meadows…

Housing lottery receives 6 million applications for just 10,000 units, leaving many behind

housing lottery

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…

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…