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…
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…
May. 8, 2025 By Ethan Marshall The average cost of rent across New York City reached $3,966 a month by the end of April 2025, amounting to 144% more than the national average of $1,625, according to a report by Apartments.com. Based on the average rent in New York City, residents would need to…
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…
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…
May. 1, 2025 By Ethan Marshall March 2025 marked the seventh consecutive month in which the number of homes to enter contract in New York City increased year-over-year, according to a report by the real estate listing site StreetEasy. Over this period of time, homes entering contract rose 8.7%, from 2,003 in March 2024…
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…
Apr. 30, 2025 By Ethan Marshall While most major urban hubs across the United States continued to see the average size of apartments shrink in 2024 compared to 2015, one of the few exceptions to this trend was Queens, according to a report by the real estate listing site RentCafe. New apartments completed in…
Apr. 29, 2025 By Ethan Marshall The median sale price across New York City rose 10% year-over-year in the first quarter of 2025, from around $698,000 last year to $768,000 this year, according to a report by the real estate database site PropertyShark. Several Manhattan neighborhoods had the most significant increases over this period…
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…