Mar. 12, 2024 By Ethan Marshall A total of 15 affordable units are up for grabs at a development in southeast Queens, with a monthly rent of $2,300. The affordable units are part of a 7-story building spread across a block in Hollis at 188 Hillside Ave. The development, known as Q-188, has a total…
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Mar. 11, 2024 By Czarinna Andres and Lloyd Mitchell Senior citizens and community organizations across New York held a rally at Queens Borough Hall in Kew Gardens on Thursday, where they called for senior centers to be repaired and upgraded—and for the better services for older adults. Representatives of LiveOn NY, an advocacy group representing more than 4 million seniors and 120 living centers throughout the state, led the rally where the attendees demanded structural repairs and upgrades of senior center complexes. They also seek an increase in staffing to meet the needs of the growing senior population. The attendees…
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Mar. 7, 2024 By Ethan Marshall The real estate organization Slate Properties Group, in partnership with Grobman Gross Properties, announced a $97 million refinancing for a recently completed 166-unit luxury apartment building in Forest Hills. The Yellowstone, located at 69-65 Yellowstone Blvd., will be using these funds to retire existing debt, cover closing costs and…
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Mar. 7, 2024 By Bill Parry The massive Willets Point redevelopment project passed another key milestone Wednesday when the City Planning Commission voted unanimously to approve phase two of the plan that calls for a 25,000-seat soccer-specific stadium, 1,400 units of affordable housing, a 250-room hotel, a 650-seat public school, 80,000 square feet of retail…
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Feb. 20, 2024 By Anthony Medina Rego Park residents outraged over another proposed men’s homeless shelter in their neighborhood took to the streets on Sunday, Feb. 18, in a march and rally to oppose the city’s plans. The proposed single men’s homeless shelter site is located at the Rego Park Wyndham Garden Hotel at 61-18…
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Feb. 8, 2024 By Ethan Marshall The most common complaint tenants in New York State have with their landlords deals with the avoidance or mishandling of repairs, according to data collected by the moving resource site moveBuddha. This conclusion was drawn based upon an analysis of reviews by renters on the crowdsourced landlord review site…
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Feb. 7, 2024 By Ethan Marshall The average rental price in Queens remained mostly static in January 2024 compared to December 2023, according to a report from the real estate firm M.N.S. Real Estate. There was only a 0.02% increase over that time period, with the average rent going from $2,780 to $2,781. Studio units…
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Feb. 7, 2024 By Ethan Marshall The median sales price for a unit in a brand-new Queens condo development increased in the fourth quarter of 2023 compared to the third quarter, according to a report by the real estate firm M.N.S. Real Estate. Over this span, the median price jumped 15.5% to $889,516 in the…
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Jan. 30, 2024 By Ethan Marshall A total of 13 affordable units are up for grabs at the Metropolitan Senior Apartments in Kew Gardens, with monthly rents ranging from $1,522-$1,937. The affordable units are part of an 8-story mixed-use building at 132-77 Metropolitan Ave. In total there will be 40 residences in the building, with 27 being market rate. The city has opened a lottery for the 13 affordable units. Two of them are studio, eight are one-bedroom and three are two-bedroom. All 13 affordable units are for residents earning 80% of the area median income (AMI). The area median…
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Jan. 26, 2024 By Ethan Marshall The median rent price for one-bedroom and two-bedroom units in New York City both went down from December 2023 to January 2024, marking the first time since May that these prices went down month-over-month, according to a report by the real estate firm Zumper. The median rent for one-bedroom units in New York City decreased 2.9% from $4,161 in December 2023 to $4,040 in January 2024. Over the same period of time, two-bedroom units saw the median rent dip 6%, from $4,798 to $4,510. Despite the month-over-month decrease, New York City maintained its number…
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