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…
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,…
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…
May. 28, 2025 By Ethan Marshall The Austin, a 7-story, 98-unit luxury condominium at 78-29 Austin St. in Forest Hills, has set a new price record in the neighborhood for 2025 with the sale of one of its penthouse units for $3,881,150. The record-breaking sale of PH1A is more than double that of the…
May. 27, 2025 By Shane O’Brien The New York State Senate has voted overwhelmingly in favor of legislation that would allow Mets owner Steve Cohen and Hard Rock International to transform 50 acres of Citi Field parking lot into Metropolitan Park, an $8 billion entertainment complex anchored by a casino. On Tuesday, lawmakers voted…
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…
May. 21, 2025 By Ethan Marshall Queens seniors, defined as those at least 65 years of age, are finding it more difficult to stay afloat financially, compared to a decade ago, according to a report by the Center for an Urban Future (CUF), a nonprofit that works to reduce inequality, increase economic mobility and…
May. 20, 2025 By Shane O’Brien The United States Tennis Association (USTA) has announced an $800 million investment, unveiling plans to reimagine Arthur Ashe Stadium and construct a cutting-edge Player Performance Center to elevate the US Open’s global stature and athlete experience in Flushing. The investment, which represents the largest single investment in US…
May. 13, 2025 By Ethan Marshall Queens residents, real estate professionals and local stakeholders gathered in Forest Hills on Thursday, May 8, to celebrate a major milestone in one of the borough’s most notable new developments: the official launch of The Austin, a six-story luxury condominium featuring 98 residences. Located at 78-29 Austin Street,…
May. 13, 2025 By Shane O’Brien New York City’s housing crisis is no secret and the city’s low-cost housing landscape remains extremely difficult to navigate, including a housing lottery system theoretically devised to provide a solution for the dire need for accommodation. A problem that has been brewing for decades, the housing crisis continues…