Jun. 4, 2025 By Ethan Marshall Home prices more than doubled in 24 neighborhoods across New York City over the past decade—including seven in Queens—according to a new report from real estate research site PropertyShark that highlights dramatic shifts in the city’s housing market between 2014 and 2024. The Queens neighborhoods to experience this…
May. 21, 2025 By emarshall May 21, 2025 By Ethan Marshall Permits have been filed for the construction of a 10-story mixed-use building with 26 housing units at 40-46 75th St. in Elmhurst near Elmhurst Hospital. The proposed building would be 103 feet tall. It would span 19,982 square feet of space, with 17,878…
Apr. 21, 2025 By sobrien April 21, 2025 By Shane O’Brien The OneLIC Neighborhood Plan officially entered the city’s Uniform Land Use Review Procedure (ULURP) on Monday, following certification by the City Planning Commission. The sweeping proposal aims to transform a large portion of Long Island City with new zoning rules that would create…
Feb. 27, 2025 By emarshall Feb. 27, 2025 By Ethan Marshall Renderings have been revealed for The Cube, a planned 14-story mixed-use building at 42-53 24th St. in Long Island City. The building will have between 217 and 220 condominium units, and the development is expected to span approximately 177,000 square feet. Additional features…
Feb. 26, 2025 By emarshall Feb. 25, 2025 By Ethan Marshall Multiple tenants of an apartment building at 30-02 39th Ave. in Long Island City have submitted a class action lawsuit against their landlord, 30-02 Associates LLC, accusing them of illegal rent overcharges. The lawsuit was filed against the landlord of this 428-unit building,…
Feb. 25, 2025 By sobrien Feb. 25, 2025 By Shane O’Brien The Queens Public Library (QPL) is set to return to Court Square after signing a lease at the 5PointzLIC residential complex. Council Member Julie Won, who has long advocated for the return of a QPL branch in Court Square, announced the deal in…
Feb. 17, 2025 By Ethan Marshall The real estate consultant Ariel Property Advisors experienced a decline in investment sales, despite an increase in transactions in 2024, according to their Queens 2024 Year-End Commercial Real Estate Trends report. Investment sales in Queens went down 7% year-over-year, from $3.18 billion in 2023 to $2.95 billion in…
Feb. 14, 2025 By emarshall Feb. 14, 2025 By Ethan Marshall Northwest Queens, which includes the neighborhoods of Astoria, Long Island City, Sunnyside and Woodside, experienced year-over-year growth across all price trend indicators during the first month of 2025, according to a report by the real estate firm Douglas Elliman Real Estate. The median rent across… Read more »
Jan. 30, 2025 By Ethan Marshall Queens accounted for ten of the 50 most expensive New York City neighborhoods to reside in 2024, according to a report by the real estate data site PropertyShark. Despite the borough’s prevalence on the list, none of its neighborhoods ranked among the top ten most expensive neighborhoods. Hunters…
Jan. 29, 2025 By emarshall Jan. 29, 2025 By Ethan Marshall New York City has launched a housing lottery for three units in a 5-story mixed-use building at 38-03 31st St. on the border of Long Island City and Astoria. The building has nine residences, six of which are market rate. The other three units… Read more »