Jul. 24, 2024 By Ethan Marshall Queens had the fifth-highest amount of rental activity across the United States through the first half of 2024, according to a report by the real estate searching site RentCafe. Year-over-year, Queens had a 138% increase in page views on RentCafe from the first half of 2023 to 2024.…
Jul. 23, 2024 By Ethan Marshall The median asking price for rent in New York City rose in June 2024 compared to the same time the previous year, contributing heavily to less demand for rentals, according to a report by the real estate listing site StreetEasy. Year-over-year, the median asking rent in New York…
Jul. 22, 2024 By Gabriele Holtermann Debate over the Creedmoor Community Master Plan tp create more than 2,700 housing units on the psychiatric hospital’s vast campus in eastern Queens continued during the Empire State Development (ESD) virtual public scoping meeting on July 18. Numerous residents and activists pushed for the plan’s approval because it would…
Jul. 19, 2024 By Ethan Marshall Nine neighborhoods in Queens were among the top 50 in most expensive median sale prices across New York City during the second quarter of 2024, according to a report by the real estate agency PropertyShark. Hunters Point, Belle Harbor, Hollis Hills, Little Neck, Auburndale, Fresh Meadows, Queensboro Hill,…
Jul. 16, 2024 By Ethan Marshall The overall average rental price in Queens in June 2024 rose 6.49% from the same month last year, according to a report by the real estate firm M.N.S. Real Estate. Studio, one-bedroom and two-bedroom units in Queens all had jumps in the average cost of rent. The overall…
Jul. 10, 2024 By Ethan Marshall A global investment company has launched a campaign to enroll NYC affordable housing residents into community solar. The clean energy technology platform and solar servicer Perch Energy has partnered with the global investment manager Nuveen to offer thousands of low-and-moderate income NYC residents of properties owned by Nuveen access…
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Jul. 8, 2024 By Ethan Marshall The number of first-time foreclosures in Queens saw a slight increase from the second quarter of 2023 to the same period in 2024, according to a report by the real estate agency PropertyShark. Year-over-year, foreclosures in Queens rose 8%, from 148 last year to 160 this year. This year’s foreclosures accounted…
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Jun. 27, 2024 By Ethan Marshall The average rental price in Queens rose 7.12% year-over-year, from $2,681 in May 2023 to $2,872 in May 2024, according to a report by the real estate firm M.N.S. Real Estate. Studios, one-bedroom and two-bedroom units all experienced increases in the average rental price over this period of time….
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Jun. 26, 2024 By Ethan Marshall Leasing has launched for three notable developments in Queens, SOLA Woodside, The Monarch in Jamaica and the Fabric Astoria , with the real estate firm M.N.S. Real Estate marketing these developments. SOLA, located at 72-01 Queens Blvd., is a 12-story, 364-unit mixed-use development, with 109 of the units dedicated…
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Jun. 25, 2024 By Athena Dawson The Downtown Jamaica Partnership Business Improvement District (BID) held its annual meeting on Thursday, June 20. The meeting was held at the Jamaica Performing Arts Center, 153-10 Jamaica Ave., where directors of the BID, Queens Borough President Donovan Richards and NYC Department of Small Business Services Commissioner Kevin Kim…
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