Dec. 11, 2024 By Iryna Shkurhan In response to a growing gig economy, the New York State Dept. of State recently launched a new campaign to promote jobs that require a state-issued license. The ‘Be Your Own Boss’ campaign is a public service message to inform New Yorkers about the dozens of licensed professions…
Dec. 11, 2024 By Athena Dawson The New York City Council passed a package of bills on Thursday, Dec. 5, aimed at addressing increasing flooding issues across the city. The legislation, Intro 0814 and Intro 0815, was introduced and authored by Council Member James F. Gennaro, who represents District 24, covering neighborhoods such as Briarwood, Fresh…
Dec. 6, 2024 By Colum Motherway Mayor Eric Adams’ controversial zoning reform plan, “City of Yes,” was approved by the New York City Council on Thursday, Dec. 5, with a 31-20 vote. The approval marks a significant step in the city’s efforts to address its ongoing housing crisis, though it remains highly contentious, particularly…
Dec. 4, 2024 By Ethan Marshall Permits have been filed for the construction of a new 9-story residential building at 35-20 149th St. in Flushing. Located between 35th Avenue and Northern Boulevard, the proposed development would rise to a height of 91 feet and provide 23,102 square feet of residential space spread across 29…
Nov. 25, 2024 By Shane O’Brien Queens Community Board 3 voted overwhelmingly to approve modifications to zoning regulations for the planned $8 billion Metropolitan Park development at a fiery monthly meeting at Queens Public Library (QPL) Langston Hughes Thursday night. More than 100 people crowded into the auditorium at QPL Langston Hughes at 100-01…
Nov. 20, 2024 By Ethan Marshall Competition among renters in New York City cooled in October 2024 to the degree that 19.7% of listings were offering concessions on rent, marking the highest level in the city since July 2021 at 22.7%, according to a report by the real estate listing site StreetEasy. The rise…
Nov. 12, 2024 By Ethan Marshall Housing units in Queens had the average cost of rent go up 3.28% in October 2024, compared to the same month the previous year, according to a report by the real estate firm M.N.S. Real Estate. Year-over-year, the average rent in Queens rose from $2,803 in October 2023…
Nov. 7, 2024 By Ethan Marshall After the average rent for roommates in New York City spiked in the aftermath of the COVID-19 pandemic, a report by the roommate-finding site SpareRoom indicated prices began to stabilize during the third quarter of 2024, reaching $1,540. After hitting its peak average roommate rent of $1,625 during the second quarter…
Oct. 21, 2024 By Ethan Marshall As the first-time foreclosure market continued to slow across New York City during the third quarter of 2024 compared to the same period of time the previous year, Queens contributed immensely to this change, according to a report by the real estate agency PropertyShark. Across New York City,…
Oct. 16, 2024 By Ethan Marshall The number of homes entering contract across New York City increased significantly year over year, thanks in large part to a decline in mortgage rates, according to a report by the real estate listing site StreetEasy. Over this period, there was a 26.4% increase in homes entering contracts,…