Category: LIC Real Estate Listings

NYC leads nation in apartment construction in 2023: report

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Aug. 30, 2023 By Ethan Marshall According to a report from Rent Cafe, New York City has retained its title as No. 1 in apartment construction thus far in 2023. The report estimates that at least 33,000 new rental units are set to be opened this year. Of these units expected to be completed before the end of the year, most of them are either in Brooklyn, Manhattan or Queens. Brooklyn has the most at 9,825, followed by Queens (4,430) and Manhattan (3,770). The Bronx and Staten Island were not included in the metro data set for New York City….
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NYC one of most expensive weekend city breaks in country, according to study

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Aug. 23, 2023 By Ethan Marshall A study conducted by the travel information site Scott and Yanling concluded that New York City is the second-most expensive city in the United States where people can take weekend getaways. Scott and Yanling concluded it costs $1,291 to spend the weekend in New York City. The study was…
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Average rent prices in Queens increased in July: report

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Aug. 17, 2023 By Ethan Marshall According to a recent report posted by M.N.S. Real Estate, Queens neighborhoods have experienced a .35% increase in average rent price in July 2023 compared to June. The average rent price went up from $2,725 to $2,735, according to the M.N.S. report. Despite the increase in rental prices in…
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Pet-friendly NYC homes pay $250 extra in monthly rent, study says

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Aug. 17, 2023 By Ethan Marshall A data study performed by Zumper to determine the most pet-friendly cities across the United States saw New York City rank 95th out of 100 cities on the list. The low ranking in the study was thanks in large part to the conclusion reached that determined residents who reside…
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Northwest Queens rental prices increase as new lease signings decrease: report

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Aug. 10, 2023 By Anthony Medina According to a new Douglas Elliman report, the median rent in the northwest region of Queens for the month of July was the third highest on record in four months. The median rental price in July increased by 15.5% when compared to the same time last year, the highest…
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New real estate report shows increase in sales for Queens units

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Aug. 8, 2023 By Ethan Marshall The real estate agency M.N.S. recently released its development sales report for the second quarter of 2023, which revealed not only a large increase in the sales volume of units, but also an increase in the median price per square foot in Queens. According to the report, the sales…
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Real estate platform finds rents slowing, though not decreasing throughout New York City: report

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Jul. 26, 2023 By Julia Moro Real estate platform Zumper released a report analyzing staggering rental prices that continue to break records, finding huge disparities between rents across 81 neighborhoods in the city. Throughout the city, the median rent for a one-bedroom is $3,980– which is more than twice the national median. According to Zumper,…
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Queens passes Brooklyn as most-competitive rental market: report

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Jun. 20, 2023 By Julia Moro StreetEasy data found that competition in May was toughest in Queens, where the average listing received 133% more inquiries compared to May 2019, more than double the pre-pandemic level. StreetEasy credits this surge to New Yorkers looking for more affordable homes across the city, leading to intense competition in…
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Northwest Queens rentals increase 15.3% from last year: report

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Jun. 12, 2023 By Julia Moro According to a new Douglas Elliman report, the median rent in the northwest region of Queens for the month of May was the second-highest on record, just short of the prior month’s record. The median rental price increased by 15.3% from the previous year. For the month of May, the…
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