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 Shane O’Brien The developers behind New York City FC’s planned 25,000-seat stadium in Willets Point aim to break ground in early fall, according to NYCFC Sporting Director David Lee. In April, the New York City Council approved plans for NYCFC’s proposed 25,000-seat stadium, as well as a 2,500-unit affordable housing…
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. 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. 22, 2024 By Ethan Marshall While much of New York City saw an increase in homes entering contract from May 2023 to May 2024, Queens was an exception to this trend, according to a report by the real estate listing site StreetEasy. When a home is ‘in contract’, it means an offer to buy…
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Jun. 13, 2024 By Athena Dawson Department of City Planning Director Dan Garodnick spoke exclusively with QNS about the housing component of the mayor’s comprehensive City of Yes proposal. The City of Yes for Housing Opportunity is a zoning reform proposal put forward by the DCP that aims to address New York’s housing crisis by…
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Jun. 12, 2024 By Ethan Marshall The average size of apartments in Queens was the smallest among all New York City boroughs in 2023, as well as the third-smallest among cities in the United States, according to a report by the real estate firm RentCafe. At 692 square feet, Queens boasts slightly smaller apartments on…
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Jun. 5, 2024 By Ethan Marshall New York City has launched a housing lottery for nine units in a 7-story mixed-use building at Elmcor Permanent Supportive Residences, located at 104-10 Northern Blvd. in Corona. The building has a total of 30 residences, with 21 of them being market-rate. Monica Lopez Architect designed the structure, while…
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