Feb. 17, 2025 By Ethan Marshall The real estate consultant Ariel Property Advisors experienced a decline in investment sales, despite an increase in transactions in 2024, according to their Queens 2024 Year-End Commercial Real Estate Trends report. Investment sales in Queens went down 7% year-over-year, from $3.18 billion in 2023 to $2.95 billion in…
Feb. 13, 2025 By Ethan Marshall The average rent for studio, one-bedroom and two-bedroom units all increased year-over-year in Queens in January 2025, according to a report by the real estate firm M.N.S. Real Estate. The overall average rent in Queens increased from $2,781 in January 2024 to $2,902 in January 2025, marking a 4.38%…
Feb. 12, 2025 By Ethan Marshall The real estate and management platform Outpost Club offers various programs and benefits to help people find and better afford rentals across New York City. Outpost Club helps to provide furnished housing for prospective renters. They also put a lot of effort into screening potential tenants in order…
Feb. 10, 2025 By emarshall Feb. 10, 2025 By Ethan Marshall Permits have been filed for the construction of a 5-story mixed-use building at 11-08 Main Ave. in Astoria. The lot, which has previously been used as a school bus parking area, is located across from the Two Coves Community Garden. The proposed development would… Read more »
Jan. 31, 2025 By emarshall Jan. 31, 2025 By Ethan Marshall New York City has launched a housing lottery meant to benefit seniors for 13 units in a 7-story mixed-use building at 3-11 27th Ave. in Astoria. The building has 50 residences, 37 of which are market rate. The other 13 units are available for… Read more »
Jan. 30, 2025 By Ethan Marshall Queens accounted for ten of the 50 most expensive New York City neighborhoods to reside in 2024, according to a report by the real estate data site PropertyShark. Despite the borough’s prevalence on the list, none of its neighborhoods ranked among the top ten most expensive neighborhoods. Hunters…
Jan. 29, 2025 By emarshall Jan. 29, 2025 By Ethan Marshall Queens’ condo market remained dynamic in 2024, with certain neighborhoods experiencing distinct market shifts in the final quarter of 2024. During the fourth quarter last year, the condo markets in the Queens neighborhoods of Astoria, Long Island City and Flushing each experienced different trends… Read more »
Jan. 29, 2025 By Ethan Marshall Rent growth in Queens and Brooklyn slowed down substantially year-over-year in December 2024, compared to that of Manhattan, according to a report from the real estate listing site StreetEasy. The typical asking price for rent rose in Queens over this period of time by 3.7%, representing a much…
Jan. 29, 2025 By emarshall Jan. 29, 2025 By Ethan Marshall New York City has launched a housing lottery for three units in a 5-story mixed-use building at 38-03 31st St. on the border of Long Island City and Astoria. The building has nine residences, six of which are market rate. The other three units… Read more »
Jan. 29, 2025 By emarshall Jan. 29, 2025 By Ethan Marshall New building permits have been filed for a 26-story mixed-use tower at 25-02 9th St. in Astoria, a cul-de-sac offering scenic views of the RFK Bridge and located near Astoria Park. The newly filed permits propose a 26-story development rising 262 feet and encompassing 218,157… Read more »