Sept. 27, 2023 By Ethan Marshall According to a report from StreetEasy, Manhattan is experiencing the largest increase in rental inventory among all the boroughs in New York City. Five of the 10 neighborhoods across the city going through the fastest growth are in Manhattan. Additionally, Long Island City made the list as the lone… Read more »
Sept. 15, 2023 By Ethan Marshall According to StreetEasy’s August 2023 market report, Long Island City experienced the eighth-fastest growth in rental inventory compared to 2019 in all of New York City. It was the only part of Queens to place in the top 10. According to the report, Long Island City experienced a year-over-year… Read more »
Sept. 13, 2023 By Ethan Marshall According to a report put together by Modern Spaces, there is a recent trend of buyers moving from Manhattan to Long Island City. Modern Spaces credits this change to Long Island City becoming a prime residential location, offering a suburban lifestyle with urban touches, but without the intense bustle… Read more »
Aug. 23, 2023 By Ethan Marshall A study conducted by the travel information site Scott and Yanling concluded that New York City is the second-most expensive city in the United States where people can take weekend getaways. Scott and Yanling concluded it costs $1,291 to spend the weekend in New York City. The study was…
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Aug. 8, 2023 By Ethan Marshall The real estate agency M.N.S. recently released its development sales report for the second quarter of 2023, which revealed not only a large increase in the sales volume of units, but also an increase in the median price per square foot in Queens. According to the report, the sales…
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Jun. 20, 2023 By Julia Moro StreetEasy data found that competition in May was toughest in Queens, where the average listing received 133% more inquiries compared to May 2019, more than double the pre-pandemic level. StreetEasy credits this surge to New Yorkers looking for more affordable homes across the city, leading to intense competition in…
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Jun. 12, 2023 By Julia Moro According to a new Douglas Elliman report, the median rent in the northwest region of Queens for the month of May was the second-highest on record, just short of the prior month’s record. The median rental price increased by 15.3% from the previous year. For the month of May, the…
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May. 16, 2023 By Julia Moro For many Queens residents, proximity to public transit has always been a crucial factor to consider when looking for an apartment. According to a new RentHop report, new developments in Queens are driving up the rent of one-bedroom units, reaching $3,800 and over, along convenient subway lines. In Long…
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May. 9, 2023 By Julia Moro StreetEasy released a new report revealing a disturbing data point: the typical white household could afford five times as many market-rate rentals in New York City compared to the typical Black household and seven times as many as a Hispanic household. This new report, combined with data from the…
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Mar. 13, 2023 By Danielle Louie According to a new report released by Douglas Elliman, the average and median price of rentals in Queens reached the highest on record, with the average rental price at $5,186 and a median price of $4,095. The rental market report for February 2023 reveals the second-highest February record for…
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