Tag: real-estate-newsletter

Queens had most foreclosures among NYC boroughs in first quarter of 2024: report

Foreclosure notice and keys on a court table.

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…
Read More

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…
Read More

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…
Read More

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…
Read More

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…
Read More

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…
Read More

Permits filed for a 630-seat annex for Kew Gardens Hills school

permits

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…
Read More