Tag: real-estate-newsletter

Most expensive rental in Queens leased at $11,200 a month

rental

Apr. 3, 2024 By Ethan Marshall A Little Neck mansion at 53-27 254th St. has become the most expensive rental in Queens, with a monthly lease of $11,200. This Mediterranean style single-family home is more than 9,184 total square feet. Originally built in 2004, this property was once owned by New York Mets legend and…
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Queens County had 8.5% housing supply growth from 2012-2022: report

growth

Apr. 2, 2024 By Ethan Marshall From 2012-2022, the housing stock in Queens County increased 8.5%, according to a study by the construction software, insurance and related services organization Construction Coverage. The percentage increase over the 10-year-period is the same as that of the entire country, based on the study where nearly 800 counties were…
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Asking rent prices increase significantly in Queens year-over-year: report

asking rent

Mar. 29, 2024 By Ethan Marshall The median asking price for rent in Queens jumped significantly from February 2023 to February 2024, according to a study conducted by the real estate firm StreetEasy. Year-over-year, the median asking rent rose 13.5%, from $2,599 to $2,950. This price increase is reflective of the fact that more people…
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Cord Meyer Development Company celebrating 120th anniversary

Cord Meyer Development

Mar. 27, 2024 By Ethan Marshall As Cord Meyer Development Company celebrates its 12oth anniversary, its impact on Queens cannot be overstated. Built on decades of accomplishment, the company remains firmly focused on the future, here in Bayside and beyond. Cord Meyer Development was officially incorporated in 1904 but its roots trace back to the…
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Real estate visionary and St. John’s benefactor, Joseph M. Mattone passes away at 92, leaves legacy of transformation and philanthropy

Screenshot 2024-03-22 at 3.30.09 PM

Mar. 22, 2024 By Iryna Shkurhan Joseph M. Mattone, a towering figure in one of the world’s most formidable retail markets, died peacefully surrounded by his family at his home on Thursday, March 21, at the age of 92. A distinguished lawyer and real estate mogul, Mattone’s ascent through the ranks of real estate development…
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Queens dominates list of NYC’s smallest condos: Report

queens

Mar. 19, 2024 By Ethan Marshall Five neighborhoods in Queens were found to be among the 10 areas citywide that have the smallest median condo size, according to a recent report by the real estate firm PropertyShark. The neighborhoods included South Astoria, Maspeth, Old Astoria, Long Island City and Kew Gardens Hills. South Astoria, which the report defines as the southeast section of the neighborhood, was ranked as having the smallest median condo sizes in all of New York City, at just 631 square feet. Maspeth placed fourth on the list with a median condo size of 671 square feet;…
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Average rental price in Queens rose over 3% year-over-year in February 2024: report

average rental

Mar. 13, 2024 Ethan Marshall The average rental price of studio, one-bedroom and two-bedroom units in Queens all increased from February 2023 to February 2024, according to a report by the real estate firm M.N.S. Real Estate. The overall average cost of rent for these types of units increased 3.1% over this span, from $2,715 in 2023 to $2,800 in 2024. The Ridgewood neighborhood saw the largest month-over-month rental price increase at 5.32% . Studios experienced the most significant increase in rental price. The average rental price for these units in Queens rose 6.11% year-over-year, from $2,169 last year to…
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Affordable housing lottery opens in Hollis, rent set at $2,300

affordable

Mar. 12, 2024 By Ethan Marshall A total of 15 affordable units are up for grabs at a development in southeast Queens, with a monthly rent of $2,300. The affordable units are part of a 7-story building spread across a block in Hollis at 188 Hillside Ave. The development, known as Q-188, has a total…
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