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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Tag: real-estate-newsletter
Whitestone’s brand new drainage system spanning 120 blocks is finally complete days before hurricane season
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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Sen. Ramos delivers potential death blow to Mets owner’s dream of a casino alongside Citi Field
May. 28, 2024 By Bill Parry
State Senator Jessica Ramos dealt a serious blow Tuesday to New York Mets owner Steve Cohen’s dream of building a massive casino and entertainment complex on the parking lot adjoining Citi Field where Shea Stadium once stood.
Queens dominates list of NYC’s most sought-after neighborhoods for roommates
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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NYC’s rent skyrockets over seven times faster than wages, widest gap in U.S.: Report
May. 15, 2024 By Ethan Marshall New York City suffered the largest gap between the amount of growth in wages and the increase in rent across the United States from 2022 to 2023, according to a study by the real estate listing information firm StreetEasy and the real estate marketplace company Zillow. Among the metro…
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Queens building boom slows: Lowest development permits issued since 2016
May. 10, 2024 By Ethan Marshall Queens residents can expect a slowdown in the amount of new development in the coming years. The number of building permits issued in Queens in 2023 was the lowest since 2016, with developers obtaining 3,834 permits in the borough last year, according to a report by the New York City…
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Sponsored: Business owner sees community benefits to proposed Metropolitan Park
May. 2, 2024 By QNS News Team Marissa Grace believes in community. That’s why the owner of Grace Thai Restaurant on Junction Boulevard was enthused when New York Mets owner Steve Cohen and local community leaders announced Metropolitan Park, the proposal to redevelop the 50 acres of asphalt parking lot around Citi Field. “It will…
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Property management platform Outpost Club leads the way in affordable urban living, merging co-living and co-working in NYC
Apr. 29, 2024 By Ethan Marshall As New York City tries to provide more affordable housing to its residents, the real estate and management platform Outpost Club has been hard at work creating affordable housing dwellings. The Outpost Club is redefining urban living in New York City by merging co-living and co-working under one roof….
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Squatters lose tenant rights under new state law following push by northeast Queens legislators
Apr. 26, 2024 By Iryna Shkurhan New York homeowners have one less thing to worry about after squatters were stripped of their tenants rights in the recently passed state budget. The law now reads “a tenant shall not include a squatter.” This will make it easier for police to remove squatters without forcing the owner…
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