Author: schnepsrestagent

Real estate sales report shows drop in prices in Queens for third quarter of 2023

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sales

Oct. 27, 2023 By Ethan Marshall There was a drop in the median price and sales across Queens during the third quarter of 2023 when compared to the previous quarter, according to a report from the MNS Real Estate firm. Quarter-over-quarter, the median price per square foot of units in Queens dropped 1.7%, from $1,298 to $1,276. Additionally, the median price paid decreased 7.5%, from $832,524 to $770,000. Over this same period of time, the total sales volume of units in Queens dipped 13.35%, from $257,170,075 to $222,843,811. To go along with this drop in sales volume, the amount of…
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Queens lawmakers’ affordable housing legislation signed into law

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J-51

Oct. 27, 2023 By Ethan Marshall Gov. Kathy Hochul signed into a law a legislation authorizing a tax abatement program to provide improvements to affordable housing on Monday, Oct. 23. The legislation was sponsored by Queens state Sen. Toby Ann Stavisky and Assemblymember Edward Braunstein. This legislation is meant to improve upon the J-51 Tax Abatement Program, which provided a property tax discount for co-ops and condos that needed to make certain capital improvements, while also helping to offset costs. The J-51 Program expired on June 29, 2022. The J-51 Affordable Housing Rehabilitation Legislation improves upon the program by increasing…
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QNS Weekender: Six things to do in Queens for this Halloween weekend

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do

Oct. 26, 2023 By Nevine Salameh Halloween weekend has arrived, bringing a variety of eerie selections in Queens for everyone to choose from. These diverse events range from spine-tingling movie nights to karaoke gatherings, costume parties and more, all in the Halloween spirit. Here’s our list of events for you, whether you’re seeking hair-raising scares…
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Council Member Ung hosts voter registration drive on Flushing Campus

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Ung

Oct. 26, 2023 By Rachel Butler Flushing Council Member Sandra Ung, joined the Veritas Academy Civics Team on Flushing Campus on Oct. 26 for a voters registration drive. More than 100 students registered to vote at the event, with many taking registration forms with them to fill out at home. The general election is right…
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Spook-tacular Family Book Night distributes over 4,000 free books in Flushing

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Family

Oct. 26, 2023 By Iryna Shkurhan For the second time, Council Member Vickie Paladino partnered with School District 25 to distribute thousands of books to children in Flushing.  The Spook-tacular Family Book Night on Tuesday, Oct. 24, in Browne Park brought out thousands of costume clad parents and children ahead of Halloween. Costumes based on…
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International stars discuss roles in upcoming Queens Theatre production

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Queens

Oct. 26, 2023 By Rachel Butler A pair of famed international actors who are known from their work on the stage and on screen recently participated in a Q&A event about their upcoming play at Queens Theatre. Lupita Ferrer, a Venezuelan theater actress who has starred in movies such as “Mariana de la Noche,” “The…
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Queens most sought-after urban location in U.S. for renters: report

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Queens

Oct. 26, 2023 By Ethan Marshall Queens is the most sought-after urban location for renters to live in across the country, according to a new report. The real estate firm RentCafe released its October rental activity report that found that the borough attracted the most engagement from apartment hunters in the month than anywhere else in the nation. Queens, which ranked third place in September, climbed ahead of Arlington, VA, and Kansas City, MO, to move to the top spot in October. This climb to the top was months in the making, as the borough has been making its way…
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New York state homebuyers require over 8 years to save for deposit: report

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state

Oct. 26, 2023 By Ethan Marshall It takes the typical homebuyer in New York state more than eight years to save for a deposit on a house, putting the state in fourth place in terms of the length of time needed to build a nest egg for a house, according to a study released by SelfStorage.com. New York ranked behind Massachusetts, Montana and Hawaii in terms of the amount of time needed to raise a 10% deposit, based on the cost of living and incomes in each respective state. SelfStorage.com conducted the study by determining the median household income of…
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Charity bowling event to take place in Flushing, aims to raise funds for Memorial Sloan Kettering in honor of late news anchor Ruschell Boone

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bowling

Oct. 25, 2023 By Rachel Butler A charity bowling event will be hosted at Jib Lanes in Flushing on Saturday, Oct. 28, to raise money for Memorial Sloan Kettering, the cancer treatment and research institution, and to honor the memory of award-winning news anchor Ruschell Boone, who died last month.  This will be the second annual “Strike for a Cure” event, which is presented by NYPD Community Affairs in partnership with Municipal Credit Union. NYPD Officer Genecea Johnson co-founded Strike for a Cure last year with NYPD Detective Patrick Blanc and emphasized the importance of raising funds as well as…
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