Tag: real-estate-newsletter

Queens real estate brokers voice opposition on broker fee legislation, cite risks of higher rents and scarce housing


Jun. 3, 2024 By Ethan Marshall Real estate brokers in Queens are speaking out against a proposed New York City Council bill to legislate broker fees for residential rentals. The bill, Intro 360, mandates that any representative or agent involved in a residential rental transaction collect their fees from the party that hires them, whether…
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Queens tenants file legal challenge against state agency, claiming unjust rent hikes


May. 31, 2024 By Ethan Marshall Tenants from a collection of rent-stabilized buildings in Queens gathered outside the offices of the New York Division of Homes and Community Renewal (DHCR) last Friday, May 24, to announce their plans to file an Article 78 legal challenge. The action seeks to compel DHCR to address and resolve…
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Historic Tide Gate Bridge in Flushing Meadows Corona Park to get a $41 million upgrade

tide gate

May. 30, 2024 By Czarinna Andres City officials, including NYC Parks Commissioner Sue Donoghue and Queens Borough President Donovan Richards Jr., broke ground on the $41 million renovation of the 85-year-old Tide Gate Bridge in Flushing Meadows Corona Park, on Monday, May 28. The bridge, also known as Porpoise Bridge, spans 36 feet wide and…
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Six Queens neighborhoods rank among those with most excessive property fees in NYC: report


May. 30, 2024 By Ethan Marshall The Queens neighborhoods of Flushing, College Point, Glen Oaks, Jackson Heights, Briarwood and Jamaica Estates ranked within the top ten neighborhoods in New York City with the most excessive property fees, according to a report by the financial services company CashNetUSA. The property fees taken into account for this…
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Whitestone’s brand new drainage system spanning 120 blocks is finally complete days before hurricane season

whitestone sewers-6

May. 29, 2024 By Iryna Shkurhan After almost a decade in the making and a $128 million investment from the city, a complete overhaul of Whitestone’s sewer system is finally complete.  The area’s elected officials, city agency heads and the workers who made it all happen, gathered on a quiet residential street Tuesday afternoon to…
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Queens dominates list of NYC’s most sought-after neighborhoods for roommates

Happy female couple holding a key while after moving into their new apartment.

May. 22, 2024 By Ethan Marshall Among the five boroughs in New York City, Queens is found to have the most ‘up-and-coming’ neighborhoods for roommates, according to a report by the roommate finding site SpareRoom. This conclusion was reached based on an analysis SpareRoom conducted of over 15 million roommate searches on their site from…
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Rental prices in Queens increase over 4% year-over-year: report


May. 22, 2024 By Ethan Marshall The average rental price of studio, one-bedroom and two-bedroom units in Queens increased 4.32% year-over-year in April 2024, according to a report by the real estate firm M.N.S. Real Estate. Studios in Queens had by far the biggest jump in rental price, rising 10.19% year-over-year, from $2,128 in April…
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