Tag: real-estate-newsletter

Rental prices, leases and listings surge across Northwest Queens in April 2025: Report

leases

May. 15, 2025 By Ethan Marshall Northwest Queens experienced huge boosts in the inventory, price and number of new leases for rentals in April 2025, compared to the same time the previous year, according to a report by Douglas Elliman Real Estate. The inventory of listings rose year-over-year by a whopping 70% in northwest…

Housing lottery receives 6 million applications for just 10,000 units, leaving many behind

housing lottery

May. 13, 2025 By Shane O’Brien New York City’s housing crisis is no secret and the city’s low-cost housing landscape remains extremely difficult to navigate, including a housing lottery system theoretically devised to provide a solution for the dire need for accommodation. A problem that has been brewing for decades, the housing crisis continues…

Hard Rock CEO outlines vendor opportunities for $8B Metropolitan Park casino project

Hard Rock

May. 2, 2025 By Shane O’Brien Hard Rock International Chairman and CEO Jim Allen addressed hundreds of Queens-based vendors and small business owners Thursday morning at the Queens Theatre, outlining how they could play a key role in shaping the proposed $8 billion Metropolitan Park casino and entertainment complex near Citi Field—if the project…

Tenant advocates call on Gov. Hochul and Queens electeds to support eviction protections statewide

tenant

Apr. 30, 2025 By Athena Dawson Dozens of protestors rallied in front of Queens Housing Court in Jamaica on Thursday, April 10th, calling on Gov. Kathy Hochul and Queens elected officials to pass crucial statewide tenant-rights legislation. The protest brought supporters of all backgrounds, including tenant organizers, union members, and nonprofit organizations, who demanded…

Rents rise in 10 of 11 Queens neighborhoods, with Sunnyside as the only exception: report

rent

Apr. 18, 2025 By Ethan Marshall The cost of rent for apartments in Queens continued to trend upwards year-over-year in March 2025, according to a report by the real estate firm M.N.S. Real Estate. Studios, one-bedroom units and two-bedroom units all experienced price increases over this period of time. The average rent across the borough…

Queens sees most NYC foreclosures in Q1 2025, with 11413 as top hotspot: report

laurelton homes

Apr. 15, 2025 By Ethan Marshall While first-time foreclosure filings in the New York metro area went down during the first quarter of 2025 compared to the same quarter in 2024, Queens emerged as having the most foreclosures over this period, according to a report by the real estate site PropertyShark. Year-over-year, first-time foreclosures…