Author: schnepsrestagent

Rental price growth in NYC slows for first time since pandemic: report

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growth

Dec. 14, 2023 By Ethan Marshall The year-over-year rent growth for the month of November in New York City was 2.9%, marking the first time since the COVID-19 pandemic that it rose less than 3%, according to a new report. The real estate firm StreetEasy released the report that found the median rent fell from $3,600 in November 2022 to $3,500 last month. The slower rent growth is reflective of more homes being available for rent across the city, according to StreetEasy. Year-over-year, rentals on the market increased 8.6% in the city from 29,511 last year to 32,049 in November…
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Average rental price in Queens dipped in November: report

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average

Dec. 13, 2023 By Ethan Marshall The average rental price in Queens decreased in November 2o23 compared to October, according to a report by the real estate firm M.N.S. During that time, the average rental price fell 1.46%, from $2,803 to $2,762. Studios, one-bedroom and two-bedroom units experienced varying decreases in the average rental price across the borough. One-bedroom units experienced the most significant decline, falling 2.08%, from $2,729 to $2,673. Two-bedroom units had the second-largest drop, down 1.44%, from $3,424 to $3,375. The rental price for studios fell 0.75%, from $2,256 to $2,239. Ridgewood was the Queens neighborhood to…
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Op-ed: Expanding opportunities for Queens restaurants

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restaurants

Dec. 13, 2023 By Thomas Grech As one of the most diverse places in the world, it’s no secret that Queens has some of the best restaurants and most delicious cuisines in the city. From Astoria to Jackson Heights to the Rockaways, there is not a single dish that you cannot find. The Queens Chamber…
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Crunching the Queens crime numbers: rape cases on the rise over the last month

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rape

Dec. 12, 2023 By Ethan Marshall The number of reported rape cases in Queens has increased across the borough over the last month when compared to the same period of time in 2022, according to the latest crime stats from the NYPD. For the 28-day-period of Nov. 13 through Dec. 10, both northern and southern…
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QNS Weekender: Six things to do in Queens this weekend

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weekend

Dec. 7, 2023 By Nevine Salameh This weekend in Queens is packed with jolly workshops, markets, concerts, shows and more family friendly activities.    Check out this week’s curated holiday list that ensures there is something for every friend, date and family member.   Friday, Dec. 8   New York Croons For Christmas: Colm Reilly…
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Housing needs and concerns of residents in lower-density districts of NYC highlighted in effort to get zoning regulations changed

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housing

Dec. 7, 2023 By Ethan Marshall Lower-density neighborhoods in New York City are becoming more common and more diverse, according a study released by the independent research and education nonprofit Citizens Housing and Planning Council, which is dedicated to addressing the housing and planning needs in New York City. Other key findings include a desire for…
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Crunching the Queens crime numbers: burglaries trending down across most of borough

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burglaries

Dec. 5, 2023 By Ethan Marshall The number of burglaries across Queens has dropped year-to-date through Dec. 3 compared to 2022, according to the latest crime stats from the NYPD. While the degree of change varies between northern and southern Queens, both areas have experienced fewer burglaries. In northern Queens, burglary cases dropped 3.5% year-to-date, from 1,878 in 2022 to 1,813 this year. In southern Queens, the number of burglaries fell 7.8%, from 1,149 to 1,059. The decrease in burglary cases across northern Queens is also evident when comparing the 28-day period from Nov. 5 to Dec. 3 this year…
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Real estate firm predicts slowing of rent growth in NYC in 2024

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real estate

Dec. 4, 2023 By Ethan Marshall There is an expectation that the growth of rent in New York City will be much slower in 2024, according to the housing market predictions made by the real estate firm StreetEasy. At the same time, the report predicts that there will continue to be more demand for homes in the city than the amount of units available and thus preventing rents from falling. While the expectation is that inventory in New York City will further grow in 2024, it will still be smaller than the pre-pandemic levels. As a result, the rent growth…
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Buy ‘Made in Queens’ this holiday season

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Queens

Dec. 1, 2023 By Tammy Scileppi Seems as if the holiday season is coming upon us quicker than ever! And if you’re running out of thoughtful ideas for gifts and stocking stuffers, here are some tempting offerings, courtesy of those innovative Made in Queens (MiQ) folks. “Our Made in Queens program is so rewarding because…
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