Apr. 15, 2025 By Alicia Fernandez The city’s zeal to enforce new environmental laws is set to crush the City’s middle-class housing stock under the weight of shockingly untenable fines. At issue is the implementation of Local Law 97, which was passed in 2019. The ambitious law sets emissions limits for buildings over 25,000…
Apr. 14, 2025 By Ethan Marshall Northwest Queens experienced a huge boost in its inventory of listings in March 2025 compared to the same month the previous year, according to a report by Douglas Elliman Real Estate. Year-over-year, the listing inventory in northwest Queens, which includes the neighborhoods of Astoria, Long Island City, Sunnyside and…
Apr. 10, 2025 By Ethan Marshall In a city of small apartments and constant turnover, Queens just claimed the crown—for self-storage. Queens recorded the highest volume of self-storage space sales in the United States in 2024, with neighboring Brooklyn not far behind, according to a recent report by the storage facility site Storage Cafe.…
Apr. 3, 2025 By Ethan Marshall During the first two months of 2025, the rental markets in the New York City boroughs of Queens, Manhattan and Brooklyn have each gone through different year-over-year trends, according to a report by the real estate listing site RentCafe. By analyzing five key metrics for rental competitiveness for…
Mar. 19, 2025 By Bill Parry Four men—two from southeast Queens, one from Long Island, and another from New Jersey—along with three companies, have been indicted by a Queens grand jury for allegedly orchestrating a deed fraud scheme that led to the theft of homes in Kew Gardens Hills, Jamaica Estates, and Queens Village.…
Mar. 17, 2025 By Ethan Marshall Queens renters are feeling the squeeze as borough-wide apartment prices continue to climb. Studios, one-bedroom and two-bedroom units in Queens each experienced year-over-year rent increases of just under 5% during the month of February 2025, according to a report by the real estate firm M.N.S. Real Estate. The average…
Mar. 13, 2025 By Ethan Marshall Northwest Queens saw a surge in real estate activity in February 2025, with prices rising across the board—but the most striking shift was the listing inventory, which more than doubled compared to the same period last year, according to a report by Douglas Elliman Real Estate. The listing…
Mar. 13, 2025 By Shane O’Brien The City Council has voted overwhelmingly in favor of modifications to zoning regulations for the planned $8 billion Metropolitan Park casino development adjacent to Citi Field in Flushing. The City Council voted 41-2 in favor of the proposal, a planned development by New York Mets owner Steve Cohen and Hard Rock…
Mar. 12, 2025 By Ethan Marshall Approximately 33,974 new homes were built in new buildings across New York City in 2024, according to the New York City Department of City Planning’s (DHS) Housing Database. This number, announced by DHS Director Dan Garodnick, marked the highest amount of completed units in a single year in…
Mar. 4, 2025 By Shane O’Brien Mayor Eric Adams announced significant expansions to NYC Health + Hospitals’ medical respite bed program Tuesday, which offers patients experiencing homelessness a place to stay for up to 90 days after a major health event. Adams was joined by NYC Health + Hospitals CEO Dr. Mitchell Katz to…