Tag: real-estate-newsletter

Queens Borough President holds public hearing for the Jamaica Neighborhood Plan

jamaica neighborhood plan

Jun. 9, 2025 By Athena Dawson The office of Queens Borough President Donovan Richards Jr. held a public land use hearing on the Jamaica Neighborhood Plan on Thursday, June 5.  The hybrid hearing, which is part of the city’s Uniform Land Use Review Procedure (ULURP), was held at the Helen Marshal Cultural Center at…

Home prices more than doubled in 7 Queens neighborhoods in 10 years: report

home prices

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…

NYC’s largest housing voucher program faces legal challenge, budget strain

CityFHEPS

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,…

Ramos disappointed by Senate vote but ‘stands on principle’ in opposing Metropolitan Park casino parkland bill

ramos

May. 30, 2025 By Shane O’Brien State Sen. Jessica Ramos expressed her disappointment following the State Senate’s approval of parkland alienation legislation for the $8 billion Metropolitan Park casino project earlier this week. Ramos was one of only five lawmakers to vote against the bill during Tuesday’s Senate session, where 54 senators voted in…

Gianaris, Rosenthal introduce legislation to reshape NYC Rent Guidelines Board, describe system as ‘broken’

rent guidelines board

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…

Northeastern Towers Annex in Jamaica opens Section 8 housing lottery for seniors

northeastern towers

May. 22, 2025 By Ethan Marshall Sign up for our weekly email newsletter to stay updated on the latest housing lotteries in New York City. New York City has opened a waiting list lottery for one current vacancy and any future openings at Northeastern Towers Annex, an affordable senior housing development located at 161-11 132nd Ave.…

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…