Tag: Long Island City

Queens and Brooklyn see price increases as Manhattan’s median home price tumbles: report

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Feb. 28, 2025 By Ethan Marshall As New York City experienced a large year-over-year increase in the number of homes to enter contract in January 2025, the median prices of homes entering contract went down, with the drop in Manhattan more than cancelling out increases in Queens and Brooklyn, according to a report by…

Exclusive: Class action lawsuit accuses LIC landlord of illegal rent overcharges

Feb. 25, 2025 By Ethan Marshall Multiple tenants of an apartment building at 30-02 39th Ave. in Long Island City have submitted a class action lawsuit against their landlord, 30-02 Associates LLC, accusing them of illegal rent overcharges. The lawsuit was filed against the landlord of this 428-unit building, known as the Arc, following an… Read more »

Starbucks expands in Long Island City with new Vernon Boulevard location

Feb. 18, 2025 By Shane O’Brien  A Long Island City street corner that has witnessed a rapid rate of business turnover in recent years is now home to a new Starbucks location. The multinational coffeehouse giant opened its doors at 49-19 Vernon Blvd. on the corner of Vernon Boulevard and 50th Avenue late last year,… Read more »

Northwest Queens sees significant rent and lease growth in January 2025: report

Feb. 14, 2025 By Ethan Marshall Northwest Queens, which includes the neighborhoods of Astoria, Long Island City, Sunnyside and Woodside, experienced year-over-year growth across all price trend indicators during the first month of 2025, according to a report by the real estate firm Douglas Elliman Real Estate. The median rent across northwest Queens increased 6.3% year-over-year,… Read more »