Apr. 10, 2024 By Ethan Marshall Queens accounted for the most foreclosures among the New York City boroughs in the first quarter of 2024, with 191, according to a report by the real estate agency PropertyShark. These 191 foreclosures accounted for 45% of the 424 cases that occurred in New York City this quarter. Its…
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Tag: real-estate-newsletter
Housing lottery opens for 7-story residential building in Flushing, rent starts at $2,550
Apr. 8, 2024 By Ethan Marshall New York City has launched a housing lottery for 15 units in the 7-story residential building Haru Apartments, located at 138-25 Barclay Ave. in Flushing. There are a total of 48 residences at Haru Apartments, with 15 affordable units now available on the housing lottery. These affordable units consist…
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Contrasting poll results on Queens’ support for Metropolitan Park Casino and Entertainment Complex
Apr. 8, 2024 By Bill Parry
Before the shovels hit the ground on New York Mets owner Steve Cohen’s proposed $8 billion casino and entertainment complex in Corona, he would need new legislation allowing construction atop the public parkland where Shea Stadium once stood.
Most expensive rental in Queens leased at $11,200 a month
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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Northeast Queens officials push forward legislative solutions to the ‘unfunded mandate’ of Local Law 97
Apr. 2, 2024 By Iryna Shkurhan Beech Hills co-op owners in Douglaston gathered on Monday morning to hear how northeast Queens lawmakers are working to shield them from bearing the brunt of the cost of the city’s ambitious climate law. Local Law 97 went into effect in 2019 with the goal of net zero carbon…
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Queens County had 8.5% housing supply growth from 2012-2022: report
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
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
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
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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Permits filed for a 630-seat annex for Kew Gardens Hills school
Mar. 21, 2024 By Ethan Marshall A 630-seat school building is slated to go up at 146-50 Reeves Ave., according to the New York City School Construction Authority. Permits were filed by the NYC School Construction Authority in March for a 4-story building at 146-50 Reeves Ave. in Kew Gardens Hills. The school building will…
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