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.
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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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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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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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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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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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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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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Mar. 19, 2024 By Ethan Marshall Five neighborhoods in Queens were found to be among the 10 areas citywide that have the smallest median condo size, according to a recent report by the real estate firm PropertyShark. The neighborhoods included South Astoria, Maspeth, Old Astoria, Long Island City and Kew Gardens Hills. South Astoria, which the report defines as the southeast section of the neighborhood, was ranked as having the smallest median condo sizes in all of New York City, at just 631 square feet. Maspeth placed fourth on the list with a median condo size of 671 square feet;…
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Mar. 13, 2024 Ethan Marshall The average rental price of studio, one-bedroom and two-bedroom units in Queens all increased from February 2023 to February 2024, according to a report by the real estate firm M.N.S. Real Estate. The overall average cost of rent for these types of units increased 3.1% over this span, from $2,715 in 2023 to $2,800 in 2024. The Ridgewood neighborhood saw the largest month-over-month rental price increase at 5.32% . Studios experienced the most significant increase in rental price. The average rental price for these units in Queens rose 6.11% year-over-year, from $2,169 last year to…
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