Jan. 15, 2025 By emarshall Jan. 15, 2025 By Ethan Marshall The real estate agency the Durst Organization announced the launch of leasing for 647 residential units at the upcoming 20 and 30 Halletts Point developments in Astoria on Wednesday, Jan. 15. Set to open in Spring 2025, the developments were designed by Handel Architects… Read more »
Jan. 15, 2025 By Ethan Marshall The year 2024 concluded with a notable shift in Northwest Queens’ rental market, as the area experienced its first yearly decline in median rent in several months, according to a report by the real estate firm Douglas Elliman Real Estate. The dip in December marked a significant moment…
Jan. 14, 2025 By Ethan Marshall Studio, one-bedroom, and two-bedroom rental units in Queens all saw year-over-year price increases by the end of 2024, according to a report by the real estate firm M.N.S. Real Estate. The overall average rental price for these residential units rose 3.85% year-over-year, from $2,780 in December 2023 to…
Jan. 10, 2025 By emarshall Jan. 10, 2025 By Ethan Marshall Permits have been filed for the construction of a new 9-story residential building at 34-20 38th St. in Astoria. The proposed building would be 95 feet tall and yield 63,880 square feet of residential space across 89 units. With an average unit scope of… Read more »
Jan. 7, 2025 By emarshall Jan. 7, 2025 By Richard Khuzami The lack of affordable housing in America is not a simple issue. It has many layers that must be addressed. Today, developers are often portrayed as villains, prioritizing profit over the community. However, underpinning all decisions developers make is access to funding, and in… Read more »
Jan. 3, 2025 By Ethan Marshall New York City experienced immense year-over-year growth in homes entering contract in November 2024, leading to a drop in available inventory, according to a report by the real estate listing site StreetEasy. Over this period, there was a 25.1% increase in homes entering contracts across New York City,…
Jan. 2, 2025 By emarshall
[caption id="attachment_86922" align="aligncenter" width="700"] 39-45 48th St. in Sunnyside. Photo via Google Maps[/caption]Jan. 2, 2025 By Ethan Marshall
What does it take to preserve history in one of New York City’s most iconic neighborhoods?
Dec. 31, 2024 By emarshall Dec. 31, 2024 By Ethan Marshall Permits have been filed to demolish two 1-story buildings at 54-03 and 54-11 Queens Blvd. in Woodside. According to the applications, these demolitions are being conducted in large part due to concerns about the stability of these structures. No plans have yet been submitted… Read more »
Dec. 27, 2024 By Ethan Marshall The real estate listing site StreetEasy presented a series of predictions that 2025 may have in store for the market in New York City in a report by StreetEasy Senior Economist Kenny Lee. Lee came up with five big predictions following a year in which housing costs reached…
Dec. 27, 2024 By Shane O’Brien Eviction rates at New York City Housing Authority (NYCHA) properties under the Permanent Affordability Commitment Together (PACT) program decreased slightly in Queens in 2024, bucking a citywide trend that saw eviction rates spike significantly elsewhere in New York. A recent audit by NYC Comptroller Brad Lander found that…