Dec. 1, 2023 By Bill Parry
A disbarred Murray Hill lawyer on Dec. 1 pleaded guilty to defrauding his clients in Brooklyn federal court.
Disbarred Queens lawyer pleads guilty to defrauding clients out of millions in real estate scheme: Feds
Tag: real-estate-newsletter
Median price of one-bedroom units in NYC at all time high of $4,300 in November: report
Nov. 29, 2023 By Ethan Marshall The median rent price for one-bedroom units in New York City rose to an all-time high of $4,300 in November 2023, according to a report by the national real estate firm Zumper. This new high comes shortly after the median rent rose to above $4,000 for the first time…
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Real estate firm announces two new leases at Whitestone Plaza
Nov. 29, 2023 By Ethan Marshall The national real estate investment firm Feil Organization announced on Nov. 17 that the Whitestone Plaza shopping center has been fully leased following two more leases. These two leases related to Beechhurst Executive Suites and The Smilist Dental. Beechhurst Executive Suites renewed its second floor 6,936-square-foot space for ten…
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Queens among top areas preferred by renters in countrywide real estate report
Nov. 28, 2023 By Ethan Marshall Queens was viewed as one of the top areas in the United States by renters throughout November 2023, according to the latest rental activity report compiled by the national real estate firm RentCafe. Queens is also the most popular rental destination in the northeastern region of the United States….
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Willets Point development proposal draws concerns from community board about traffic congestion, possible homeless shelter
Nov. 17, 2023 By Rachel Butler A group of approximately 70 people including residents, labor union workers and New York City Football Club fans attended a Community Board 7 meeting in Whitestone on Nov. 15 to learn about the massive Willets Point Phase 2 proposal that would bring 1,400 residential units, a soccer stadium and a two-star hotel if approved. The meeting, which took place at the St. Luke’s Pastoral Center, was held by the board’s Land Use Committee and was the first of several board meetings in which the public will be able to learn and provide feedback on…
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NYCFC presents new details of its $780 million soccer stadium at Willets Point
Nov. 16, 2023 By Bill Parry
New York City Football Club (NYCFC) revealed new details of its proposed $780 million 25,000-seat soccer stadium they plan to build as part of the Willets Point redevelopment at a Community Board 7 Land Use committee hearing in Whitestone Wednesday, Nov. 15.
NYC among least affordable markets in the country: report
Nov. 16, 2023 By Ethan Marshall New York City was named among the least affordable cities in the United States over the month of October, according to the latest National Affordability Report from the real estate firm RealtyHop. The Big Apple ranked as the fourth-least affordable city, moving up from the fifth place spot in the prior month’s report. The cost of a home in New York City ended up increasing, with the real estate value growing 3.8%. High interest rates and asking prices were cited as two of the main contributing factors to New York City becoming less affordable…
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DCP updates online census tools with new demographic information and features
Nov. 16, 2023 By Ethan Marshall The Department of City Planning announced that updates have been made to the Population FactFinder and Population MapViewer tools on its website to provide new demographic information and features on New York City’s community. These updates include information from the Census Bureau’s 2020 “Census Demographic and Housing Characteristics” file. “The latest additions to Population FactFinder and MapViewer are the next step in our ongoing work to make important demographic information about New York City accessible and transparent to all,” Department of City Planning Director Dan Garodnick said. “Our cutting-edge online tools make it easy…
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The kids are staying put: young adults in NYC opt to stay in multigenerational homes: report
Nov. 15, 2023 By Ethan Marshall The kids are not leaving the nest. Approximately 28% of the 1.2 million millennials and 79% of the 2 million Gen Z adults in New York City have yet to leave their multigenerational homes to find their own place to live, according to a report recently released by real…
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‘A huge win for everyone’: Mets owner Steve Cohen unveils $8 billion Metropolitan Park plan near Citi Field
Nov. 7, 2023 By Bill Parry Mets owner Steve Cohen is hoping his $8 billion “Metropolitan Park” plan unveiled Tuesday is a home run with the city and community, as it includes a 20-acre public park alongside a casino, hotels, food hall and music venue. Partnering with entertainment giant Hard Rock International, the Metropolitan Park plan aims to create a year-round entertainment complex on a 50-acre “vacant asphalt” parking lot just west of Citi Field that has not served the community of fans to its full potential. “It’s time the world’s greatest city got the sports and entertainment park it deserves,”…
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