Jun. 12, 2025 By Ethan Marshall Northwest Queens experienced a massive surge in its listing inventory in May 2025, compared to the same month the previous year, according to a report by Douglas Elliman Real Estate. The listing inventory in northwest Queens, which includes the neighborhoods of Astoria, Long Island City, Sunnyside, and Woodside, nearly doubled…
Jun. 10, 2025 By emarshall June 10, 2025 By Ethan Marshall As construction begins on the second phase of the Astoria mixed-use development Rowan at 21-11 31st St., new renderings have been unveiled for the project. The second phase consists of the second building of the project, Rowan II. This building will be 70…
Jun. 4, 2025 By Ethan Marshall Home prices more than doubled in 24 neighborhoods across New York City over the past decade—including seven in Queens—according to a new report from real estate research site PropertyShark that highlights dramatic shifts in the city’s housing market between 2014 and 2024. The Queens neighborhoods to experience this…
Jun. 3, 2025 By Shane O’Brien As New York City grapples with the ongoing housing crisis, CityFHEPS, a city-funded voucher program for low-income households, has played an increasingly prominent role in securing housing for some of the poorest residents in the city. But the program, which has grown astronomically since its inception in 2018,…
May. 21, 2025 By Ethan Marshall Queens seniors, defined as those at least 65 years of age, are finding it more difficult to stay afloat financially, compared to a decade ago, according to a report by the Center for an Urban Future (CUF), a nonprofit that works to reduce inequality, increase economic mobility and…
May. 15, 2025 By Ethan Marshall Northwest Queens experienced huge boosts in the inventory, price and number of new leases for rentals in April 2025, compared to the same time the previous year, according to a report by Douglas Elliman Real Estate. The inventory of listings rose year-over-year by a whopping 70% in northwest…
May. 13, 2025 By Shane O’Brien New York City’s housing crisis is no secret and the city’s low-cost housing landscape remains extremely difficult to navigate, including a housing lottery system theoretically devised to provide a solution for the dire need for accommodation. A problem that has been brewing for decades, the housing crisis continues…
May. 12, 2025 By emarshall May 12, 2025 By Ethan Marshall Construction has officially wrapped on Sunnyside 52, a new five-story mixed-use development located at 43-30 52nd Street in Sunnyside. The once-vacant lot has been transformed into a sleek, modern condominium complex offering a mix of residential and commercial spaces just steps from the…
May. 8, 2025 By Ethan Marshall The average cost of rent across New York City reached $3,966 a month by the end of April 2025, amounting to 144% more than the national average of $1,625, according to a report by Apartments.com. Based on the average rent in New York City, residents would need to…
May. 2, 2025 By Shane O’Brien Hard Rock International Chairman and CEO Jim Allen addressed hundreds of Queens-based vendors and small business owners Thursday morning at the Queens Theatre, outlining how they could play a key role in shaping the proposed $8 billion Metropolitan Park casino and entertainment complex near Citi Field—if the project…