Jun. 12, 2025 By Ethan Marshall Northwest Queens experienced a massive surge in its listing inventory in May 2025, compared to the same month the previous year, according to a report by Douglas Elliman Real Estate. The listing inventory in northwest Queens, which includes the neighborhoods of Astoria, Long Island City, Sunnyside, and Woodside, nearly doubled…
May 12, 2025 By Ethan Marshall Construction has officially wrapped on Sunnyside 52, a new five-story mixed-use development located at 43-30 52nd Street in Sunnyside. The once-vacant lot has been transformed into a sleek, modern condominium complex offering a mix of residential and commercial spaces just steps from the 52nd Street-Lincoln Avenue station on the… Read more »
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…
Dec. 10, 2024 By emarshall Dec. 10, 2024 By Ethan Marshall The real estate developer Slate Property Group announced that it has partnered with White Oak Real Estate Capital to provide a $70 million construction loan to Watermark Capital Group for the development of a 26-story, 184-unit multifamily building at 41-08 Crescent St. in Long… Read more »
Dec. 3, 2024 By Czarinna Andres Dec. 3, 2024 By Czarinna Andres A newly developed boutique condominium in the heart of Astoria, has quickly gained traction in the market. Orion Astoria, located at 25-88 38th St., has been over 60% sold since launching sales in August 2024. The building recently received its temporary certificate of… Read more »
Oct. 16, 2024 By Ethan Marshall The number of homes entering contract across New York City increased significantly year over year, thanks in large part to a decline in mortgage rates, according to a report by the real estate listing site StreetEasy. Over this period, there was a 26.4% increase in homes entering contracts,…