Aug. 12, 2024 By Ethan Marshall Northwest Queens experienced a record number of new lease signings in July 2024, according to a report by the real estate firm Douglas Elliman Real Estate. The 945 new lease signings in July 2024 were the highest ever recorded. This represents a significant year-over-year increase, up 419.2% from…
Sep. 18, 2023 By Ethan Marshall The August 2023 rental market report from Douglas Elliman Real Estate showed that northwest Queens was experiencing new highs in average rent per square foot, average rental price and median rental prices. At the same time, lease signings continued to drop. Year-over-year, the median rental price rose 27.2%, to $3,900. This is also 31.8% higher than before the COVID-19 pandemic. The average rental price increased 27.3%, from $3,368 in Aug. 2022 to $4,287. The average rent price per square foot in northwestern Queens went up 23%, from $53.19 to $65.43. The net effective median…
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Aug. 10, 2023 By Anthony Medina According to a new Douglas Elliman report, the median rent in the northwest region of Queens for the month of July was the third highest on record in four months. The median rental price in July increased by 15.5% when compared to the same time last year, the highest…
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