Category Archive for Real Estate NewsNY TIMES REAL ESTATE Accessorized With Stroller and Rake JULIE SIMONSON, a research pharmacist whose flat accent reveals her Chicago-area roots, grew up in a forest. Her childhood home was surrounded as far as the eye could see by towering deciduous trees whose names and characteristics she knew so well that she could identify virtually Read More »
Illegal Apartments are Potential Death Threats (Queens Courier) From the barrio to the tree-lined streets of upscale neighborhoods all over Queens, thousands of people live in danger. They live in illegal apartments. In the worst cases, unscrupulous building owners partition off houses into multiple apartments – sometimes as many as eight units in a two-story Read More »
Sunnyside housing prices have dropped between 15% and 20%, while coop prices have remained fairly stable, according to Nilo De la Torre, the owner of Century 21 Sunny Garden Realty, located on 45th Street and Skillman Ave. One family houses in Sunnyside Gardens, which sold for $625,000 18 months ago, are now selling for between Read More »
The Queens Chronicle, By Willow Belden It’s happy hour on a Thursday at Donovan’s Pub. The regulars — mostly gray-haired men who have lived in the area for decades — trickle in, greeting each other with cheerful “hellos” and clustering around the bar in the cozy front room for an afternoon beer. Donovan’s — which Read More »
Welcome Mart, a grocery store located on the corner of Queens Blvd and 44th Street, has shut down. On Thursday, the doors were shuttered and the windows were covered in newspaper. Meanwhile, five employees were informed that they had lost their jobs. The owner had been trying to sell the business for more than a year. Six months ago Read More »
Sunnyside rental prices have dropped 15% in the past six months, according to a leading broker in the neighborhood. Nilo De La Torre, the owner of Century 21 Sunny Gardens Realty, said that the monthly rent for a one bedroom apartment–on the northern side of Queens Blvd—will go between $1,200 and $1,350; meanwhile a two Read More »
Many Woodside residents are complaining that too many houses in their neighborhood have been chopped up into illegal apartments. This revelation followed Saturday’s tragic fire that killed three immigrants. For more information, go to: http://www.nytimes.com/2009/11/10/nyregion/10fire.html?_r=1&scp=1&sq=Woodside&st=cse http://queenscrap.blogspot.com/2009/11/more-illegal-apartments-found-near.html
Poorly maintained apartments, unfair late charges and confusing bills– are among the many accusations leveled at the Queens landlord Vantage Properties in the past two years. Many disgruntled tenants have claimed that Vantage’s business model is to push rent-stabilized tenants out and to replace them with tenants who pay the ”market rate.” In the past week, there have been signs that this adversarial relationship may be thawing. Read More »
Vantage Properties, a Queens landlord that owns several apartment buildings in Sunnyside and Woodside, was ordered last month by the Dept. of Housing Preservation and Development to provide live-in superintendents in their buildings. The company had begun replacing the superintendents in May, through the introduction of a 24-hour hotline. However, this policy was subject to heavy Read More »
The New York Times wrote a short review of Sunnyside and Woodside– and suggested an itinerary visitors should follow when they walk through the neighborhood(s). NEW YORK TIMES Sunnyside and Woodside are the twins of Queens. Each has wide avenues, leafy streets and a mix of private homes, small apartment buildings and the occasional towering co-op…. http://www.nytimes.com/2009/10/25/nyregion/25stop.html?_r=1
The following story by the New York Daily News reports that home sales in Queens are on the rise. It is vague, but is somewhat of an indicator. http://www.nydailynews.com/real_estate/2009/10/15/2009-10-15_a_few_ups_but_still_some_downs_in_boro_housing_market.html
Vantage Properties, a residential real estate company that owns many buildings in Sunnyside and Woodside, removed 14 superintendents from buildings it owns and replaced them with 24-hour call in numbers. The reason: cost cutting. But tenants were upset because Vantage failed to respond when tenants called in with repairs and other concerns. The following is the latest development. Vantage Ordered To Restore Supers By Read More »
The New York Times wrote a great story about the financial strength of the Woodside and Sunnyside communities. The article highlights how few residents took out subprime loans and how the foreclosure rate is very low. HOLDING ON TO STABILITY IN QUEENS http://cityroom.blogs.nytimes.com/2009/09/28/holding-on-to-stability-in-queens/?partner=rss&emc=rss Change comes slowly to Woodside and Sunnyside, Queens, even during a recession. These decidedly middle-class Read More »
Biriyani House, an Indian restaurant located on 43rd Street (between Queens Blvd and 43rd Ave), is for sale. The business owners are are trying to sell it for $145,000, based on net income of $117,800. See details on the listing at the following link. http://www.mlslirealtor.com/unidetailsredo_test.CFM?MLNum=2219423&typeprop=3&start=1&rpp=10 But while this Indian restaurant’s future looks bleak, another one is expect to open on Read More »
What is happening to Greenpoint Ave. and the goals of Sunnyside Shines, a local group that aims to help local businesses? In January, there were going to be big changes on Greenpoint Ave…a new bank (while not great, it beats the undeveloped mess there now) and an extension to a busy supermarket that’s cramped for space. Instead we get Read More »
The HARP, an old Irish pub that includes an accompanying apartment, is up for sale. The pub is on Greenpoint Ave. near the park/library. I’m sure it’s seen a few good booze-ups in its day. It’s been around for more than 50-years. $1,180,000 Sunnyside, NY 11104 4 bedroom – 2 bath MLS# 2116728 Estimated property tax: $4,725 Read More »
CELTIC PARK: 43rd Street (between: 48th & 50th Avenues) New York isn’t just a city of neighborhoods — it’s a city of blocks. Each week, Metro tosses a dart at a map of Gotham and gives readers a snapshot of what we’ve found. SUNNYSIDE. Before the Celtic Park apartments went up in 1931, shouts of Read More »
