Aug. 1, 2024 By Ethan Marshall The median sales price for new developments across Queens fell from the second quarter of 2023 to the second quarter of 2024, according to a report by the New York City real estate firm M.N.S. Real Estate. Year-over-year, the median sales price for these developments in Queens dropped…
Jul. 25, 2024 By Athena Dawson Flushing Council Member Sandra Ung (D-20) has introduced a bipartisan bill protecting homeowners from squatters. Ung partnered with Republican Minority Leader Joseph Borelli (D-51) on legislation requiring the NYPD to create a home vacancy program, protecting property owners and tenants from squatters illegally occupying their homes. The program…
Jul. 24, 2024 By Ethan Marshall Queens had the fifth-highest amount of rental activity across the United States through the first half of 2024, according to a report by the real estate searching site RentCafe. Year-over-year, Queens had a 138% increase in page views on RentCafe from the first half of 2023 to 2024.…
Jul. 23, 2024 By Ethan Marshall The median asking price for rent in New York City rose in June 2024 compared to the same time the previous year, contributing heavily to less demand for rentals, according to a report by the real estate listing site StreetEasy. Year-over-year, the median asking rent in New York…
Jul. 19, 2024 By Ethan Marshall Nine neighborhoods in Queens were among the top 50 in most expensive median sale prices across New York City during the second quarter of 2024, according to a report by the real estate agency PropertyShark. Hunters Point, Belle Harbor, Hollis Hills, Little Neck, Auburndale, Fresh Meadows, Queensboro Hill,…
Jul. 16, 2024 By Shane O’Brien The developers behind New York City FC’s planned 25,000-seat stadium in Willets Point aim to break ground in early fall, according to NYCFC Sporting Director David Lee. In April, the New York City Council approved plans for NYCFC’s proposed 25,000-seat stadium, as well as a 2,500-unit affordable housing…
Jul. 16, 2024 By Ethan Marshall The overall average rental price in Queens in June 2024 rose 6.49% from the same month last year, according to a report by the real estate firm M.N.S. Real Estate. Studio, one-bedroom and two-bedroom units in Queens all had jumps in the average cost of rent. The overall…
Jul. 8, 2024 By Ethan Marshall The number of first-time foreclosures in Queens saw a slight increase from the second quarter of 2023 to the same period in 2024, according to a report by the real estate agency PropertyShark. Year-over-year, foreclosures in Queens rose 8%, from 148 last year to 160 this year. This year’s foreclosures accounted…
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Jun. 27, 2024 By Ethan Marshall The average rental price in Queens rose 7.12% year-over-year, from $2,681 in May 2023 to $2,872 in May 2024, according to a report by the real estate firm M.N.S. Real Estate. Studios, one-bedroom and two-bedroom units all experienced increases in the average rental price over this period of time….
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Jun. 22, 2024 By Ethan Marshall While much of New York City saw an increase in homes entering contract from May 2023 to May 2024, Queens was an exception to this trend, according to a report by the real estate listing site StreetEasy. When a home is ‘in contract’, it means an offer to buy…
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