Jul. 17, 2025 By Ethan Marshall The average cost of rent for apartments in Queens eclipsed $3,000 in June 2025, according to a report by M.N.S. Real Estate. Year-over-year, the average rent in Queens rose 3.49%, from $2,902 in June 2024 to $3,003 in June 2025. Studios, one-bedroom units and two-bedroom units all went…
Jul. 16, 2025 By Ethan Marshall By the end of June 2025, the median rental price of apartments across New York City reached a record high of $4,700, according to a report by the real estate site RentHop. Year-over-year, the median rent across the city rose 6.6%, from $4,409 in June 2024 to $4,700…
Jul. 15, 2025 By Ethan Marshall Permits have been filed for the construction of a 5-story mixed-use building with 112 total units at 123-12 Sutphin Blvd. in Jamaica. The proposed building would be 51 feet tall and yield 78,066 square feet of space. Residential space would account for 67,770 square feet, while community facility…
Jul. 11, 2025 By Ethan Marshall The second quarter of 2025 marked the first time that the average price for one-to-three-family homes in Queens eclipsed $1 million, according to a report by the real estate agency Brown Harris Stevens. The average price of these homes rose 9.1% year over year, from $928,953 in the…
Jul. 10, 2025 By Ethan Marshall Queens saw a year-over-year increase in the median sales price of co-ops, condos, and one-to-three-family homes during the second quarter of 2025, even as both inventory and the number of closed sales declined, according to a report by Douglas Elliman Real Estate. The borough’s median sales price of…
Jul. 3, 2025 By Ethan Marshall The New York metro area experienced a drastic surge in millionaires renting property there from 2019 to 2023, according to a report by the real estate listing site Rent Cafe. Over this period of time, the number of households in the area rented by those earning at least…
Jul. 3, 2025 By Athena Dawson Queens Borough President Donovan Richards formally announced his advisory recommendation for the Jamaica Neighborhood Plan during a press conference at Greater Nexus on Parsons Boulevard, on Monday, June 30. He endorsed the plan with several modifications, following a public land use hearing hosted by his office on June…
Jul. 2, 2025 By Ethan Marshall New York City ranks among the top major cities in the United States in the number of rental units that are undersized, and nearly half of the units in the pipeline there are planned to be micro units, according to a report by storage space marketplace Storage Cafe.…
Jul. 1, 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 launched a housing lottery for 90 units in a 24-story residential building at 94-15 Sutphin Blvd. in Jamaica. The building features 524 units, 434 of which are…
Jun. 30, 2025 By Athena Dawson Queens Borough President Donovan Richards hosted a Southeast Queens town hall on Tuesday, June 17, at the Robert Ross Family Life Center in St. Albans, bringing together residents and representatives from multiple city agencies to discuss a wide range of local concerns. The town hall featured updates from…