Aug. 31, 2023 By Ethan Marshall According to the latest rental activity report from Rent Cafe, Queens experienced the 13th-most rental activity in August 2023 among 150 cities in the United States included in this report. Queens climbed six spots from its August 2022 ranking. The sudden and drastic rise experienced by Queens was thanks…
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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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Aug. 29, 2023 By Ethan Marshall Zumper recently published its National Rent Report for August 2023, which indicated that the median price for one-bedroom apartments in New York City has increased to an all-time high. The $10 increase compared to the previous month brings the median total up to $3,990. Of the 100 cities included…
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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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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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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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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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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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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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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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