Tag: real-estate-newsletter

Selfhelp Realty in Flushing awarded $1M for all-electric senior housing project

selfhelp

Jun. 25, 2025 By Ethan Marshall The non-profit developer Selfhelp Realty Group announced it has received $1 million in funding from the New York State Energy Research and Development Authority (NYSERDA) to support the construction of Kissena House, an upcoming 110-unit, all electric, energy-efficient building for low-income seniors at the intersection of 45th Avenue…

Queens lawmakers applaud passage of property tax exemption bill for fully disabled veterans

property tax exemption

Jun. 24, 2025 By Czarinna Andres Queens lawmakers are celebrating the passage of a long-sought bill that would provide a full real property tax exemption for veterans with a 100% service-connected disability—a significant measure aimed at easing the financial burdens of some of New York’s most severely injured service members. State Senator Joseph P.…

Home prices more than doubled in 7 Queens neighborhoods in 10 years: report

home prices

Jun. 4, 2025 By Ethan Marshall Home prices more than doubled in 24 neighborhoods across New York City over the past decade—including seven in Queens—according to a new report from real estate research site PropertyShark that highlights dramatic shifts in the city’s housing market between 2014 and 2024. The Queens neighborhoods to experience this…

NYC’s largest housing voucher program faces legal challenge, budget strain

CityFHEPS

Jun. 3, 2025 By Shane O’Brien As New York City grapples with the ongoing housing crisis, CityFHEPS, a city-funded voucher program for low-income households, has played an increasingly prominent role in securing housing for some of the poorest residents in the city. But the program, which has grown astronomically since its inception in 2018,…

Ramos disappointed by Senate vote but ‘stands on principle’ in opposing Metropolitan Park casino parkland bill

ramos

May. 30, 2025 By Shane O’Brien State Sen. Jessica Ramos expressed her disappointment following the State Senate’s approval of parkland alienation legislation for the $8 billion Metropolitan Park casino project earlier this week. Ramos was one of only five lawmakers to vote against the bill during Tuesday’s Senate session, where 54 senators voted in…

Permits filed for 6-story mixed-use development with 99 residences in College Point

college point

May. 27, 2025 By Ethan Marshall Permits have been filed for the construction of a 6-story mixed-use building with 99 total residences, including 25 affordable units, at 122-21 14th Ave. in College Point. The proposed building would be 74 feet tall, with 74 housing units at market rate and 25 affordable housing units. The…

Gianaris, Rosenthal introduce legislation to reshape NYC Rent Guidelines Board, describe system as ‘broken’

rent guidelines board

May. 27, 2025 By Shane O’Brien State Sen. Michael Gianaris has joined Manhattan Assembly Member Linda Rosenthal to introduce legislation to reform the Rent Guidelines Board, the board that determines how much landlords can hike rents each year on the city’s nearly 1 million rent stabilized apartments. Gianaris and Rosenthal are critical of the…