Apr. 29, 2025 By Ethan Marshall The median sale price across New York City rose 10% year-over-year in the first quarter of 2025, from around $698,000 last year to $768,000 this year, according to a report by the real estate database site PropertyShark. Several Manhattan neighborhoods had the most significant increases over this period…
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…
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…
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…