Jul. 17, 2025 By Shane O’Brien Standing in the shadow of the Ravenswood Generating Station smokestacks, Queens Borough President Donovan Richards joined city officials, local advocates and representatives from Rise Light & Power Thursday to launch the Reimagine Ravenswood Neighborhood Plan, which aims to provide opportunities for the local Queensbridge community during the transformation…
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. 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. 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 emarshall July 1, 2025 By Ethan Marshall Permits have been filed for the construction of a 9-story residential building with 124 housing units on the vacant lot at 30-11 12th St. in Astoria. The proposed building would be 91 feet tall and yield 94,474 square feet of space. With an…
Jun. 23, 2025 By emarshall June 23, 2025 By Ethan Marshall Permits have been filed for the construction of a 5-story residential building with eight housing units at 30-16 23rd St. in Astoria. The proposed building would be 50 feet tall and yield 6,210 square feet of space. With an average unit scope of…
Jun. 20, 2025 By emarshall June 20, 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 five units in an 8-story residential building at 26-18 4th St. in Astoria. The building has 22…