Tag: real-estate-newsletter

Queens real estate investment sales drop despite transaction growth in 2024: report

ariel

Feb. 17, 2025 By Ethan Marshall The real estate consultant Ariel Property Advisors experienced a decline in investment sales, despite an increase in transactions in 2024, according to their Queens 2024 Year-End Commercial Real Estate Trends report. Investment sales in Queens went down 7% year-over-year, from $3.18 billion in 2023 to $2.95 billion in…

Outpost Club: The affordable housing solution for renters in NYC looking for flexibility

Outpost Club

Feb. 12, 2025 By Ethan Marshall The real estate and management platform Outpost Club offers various programs and benefits to help people find and better afford rentals across New York City. Outpost Club helps to provide furnished housing for prospective renters. They also put a lot of effort into screening potential tenants in order…

Building permits filed for new 5-story shelter on Jamaica Avenue in Richmond Hill

permits

Feb. 10, 2025 By Ethan Marshall Building permits have been filed for the construction of a 5-story shelter building at 118-08 Jamaica Ave. in Richmond Hill. The proposed building would be 50 feet tall and yield 12,407 square feet of community facility space. The New York City Department of Health Services will be providing…

Ten Queens neighborhoods rank among 50 most expensive in NYC: report

queens neighborhoods

Jan. 30, 2025 By Ethan Marshall Queens accounted for ten of the 50 most expensive New York City neighborhoods to reside in 2024, according to a report by the real estate data site PropertyShark. Despite the borough’s prevalence on the list, none of its neighborhoods ranked among the top ten most expensive neighborhoods. Hunters…

Permits filed to double the height of a 2-story mixed-use building in Jamaica

permits

Jan. 28, 2025 By Ethan Marshall Permits have been filed to vertically expand the building at 150-28 Hillside Ave. in Jamaica, increasing its height from two stories to four. The proposed mixed-use building would be 42 feet tall and yield 8,221 square feet of space, with 6,345 square feet being dedicated to residential space…

Queens leads NYC in foreclosures despite overall metro area decline in 2024: report

Foreclosures and foreclosed home for sale property listings, financial concept : Yellow warning sign board with the words FORECLOSURE FOR SALE BANK-OWNED, a two-story model house, coins on a table.

Jan. 21, 2025 QNS News Team First-time foreclosure filings across the broader New York metro area declined significantly in 2024, according to PropertyShark’s latest foreclosure report. The report released on Monday, Jan. 20, reveals a 14% year-over-year drop compared to 7,264 cases in 2023. It expanded its coverage to include 12 New York and…

Queens rents continue to rise in 2024, with two-bedroom units seeing the biggest jump: report

queens

Jan. 14, 2025 By Ethan Marshall Studio, one-bedroom, and two-bedroom rental units in Queens all saw year-over-year price increases by the end of 2024, according to a report by the real estate firm M.N.S. Real Estate. The overall average rental price for these residential units rose 3.85% year-over-year, from $2,780 in December 2023 to…