Aug. 6, 2024 By emarshall Aug. 6, 2024 By Ethan Marshall Since first opening its doors in 1978, the Amorelli Realty real estate agency, located at 36-01 30th Ave., has become a community staple in Astoria. Having won the “Best of the Boro” award for “Best Realty” each of the last eight years, Amorelli Realty… Read more »
Category: LIC Real Estate Listings
Median sales price of new developments in Queens decreased in second quarter of 2024 from previous year: report
Aug. 1, 2024 By Ethan Marshall The median sales price for new developments across Queens fell from the second quarter of 2023 to the second quarter of 2024, according to a report by the New York City real estate firm M.N.S. Real Estate. Year-over-year, the median sales price for these developments in Queens dropped…
Queens ranked fifth-most popular area in the country for renters through first half of 2024: report
Jul. 24, 2024 By Ethan Marshall Queens had the fifth-highest amount of rental activity across the United States through the first half of 2024, according to a report by the real estate searching site RentCafe. Year-over-year, Queens had a 138% increase in page views on RentCafe from the first half of 2023 to 2024.…
High rents in NYC led to less demand for units in June 2024: report
Jul. 23, 2024 By Ethan Marshall The median asking price for rent in New York City rose in June 2024 compared to the same time the previous year, contributing heavily to less demand for rentals, according to a report by the real estate listing site StreetEasy. Year-over-year, the median asking rent in New York…
Nine Queens neighborhoods among top 50 most expensive in NYC during second quarter of 2024: report
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,…
Developers to break ground on MLS stadium in Willets Point early fall
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…
Average rental price in Queens up more than 6% from last year to $2,900: Report
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…
Housing lottery launches for six units in Astoria condo building, rent starting at $2,600
Jul. 9, 2024 By emarshall July 9, 2024 By Ethan Marshall New York City has launched a housing lottery for six units in a 3-story residential use condominium building at 12-19 31st Dr. in Astoria. The building has 17 total residences, with 11 being at market rate. All six affordable units are meant for those… Read more »
Foreclosures in Queens increase slightly from previous year in second quarter of 2024: report
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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Queens rent continues to soar: Report shows average prices up 7.12% with studios leading the surge
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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