Tag: real-estate-newsletter

Median rent and inventory of northwest Queens rentals continues trending up year-over-year in August 2025: report

median rent

Sep. 15, 2025 By Ethan Marshall Northwest Queens rental units continued to experience year-over-year increases in median rent and inventory in August 2025, according to a report by Douglas Elliman Real Estate. However, at the same time, new leases maintained a downward trend. Northwest Queens, which includes the neighborhoods of Astoria, Long Island City, Sunnyside and Woodside, had a…

Centric tops off as largest condominium in Woodside/Sunnyside East

centric

Sep. 12, 2025 By Ethan Marshall Centric, a 12-story-tall condominium with 131 luxury units at 58-01 Queens Blvd. in Woodside, has officially topped off, becoming the largest condominium in Sunnyside East. The topping off comes just months after a record-breaking $1.512 million sale was made for a penthouse unit. The sale marked the highest…

Average price of Queens homes for up to three families eclipses $1 million: report

price

Sep. 2, 2025 By Ethan Marshall The average cost of homes for one to three families reached $1,013,558 in the second quarter of 2025, marking the first time that price has reached $1 million dating back to the second quarter of 2024, according to a report by the real estate firm Brown Harris Stevens.…

Developer refutes claims of rat infestation at Phipps development in Sunnyside

Council Member Julie Won participates in a neighborhood walkthrough after reportedly receiving multiple complaints of rat infestations linked to a Phipps development in Sunnyside.

Aug. 15, 2025 By Shane O’Brien Council Member Julie Won has accused housing developer Phipps of failing to control a rodent infestation at an ongoing development on Sunnyside’s Barnett Avenue, allegations that Phipps strongly denies. Won stated that she conducted a neighborhood walkthrough with representatives from the Department of Health and Mental Hygiene and…

Rents soared in Queens in July 2025 from previous year: report

july

Aug. 11, 2025 By Ethan Marshall After the average cost of rent in Queens exceeded $3,000 in June 2025, the number continued to rise in July, with average rents increasing across the board among studios, one-bedroom and two-bedroom units in the borough, according to a report by M.N.S Real Estate. The average rent in…

Queens rents increase to over $3,000 in June 2025: report

rents

Jul. 17, 2025 By Ethan Marshall The average cost of rent for apartments in Queens eclipsed $3,000 in June 2025, according to a report by M.N.S. Real Estate. Year-over-year, the average rent in Queens rose 3.49%, from $2,902 in June 2024 to $3,003 in June 2025. Studios, one-bedroom units and two-bedroom units all went…

Median rent of NYC apartments reach record high $4,700 in June 2025: report

apartments

Jul. 16, 2025 By Ethan Marshall By the end of June 2025, the median rental price of apartments across New York City reached a record high of $4,700, according to a report by the real estate site RentHop. Year-over-year, the median rent across the city rose 6.6%, from $4,409 in June 2024 to $4,700…

Average price of Queens houses surpasses $1M in Q2 2025: Report

average price

Jul. 11, 2025 By Ethan Marshall The second quarter of 2025 marked the first time that the average price for one-to-three-family homes in Queens eclipsed $1 million, according to a report by the real estate agency Brown Harris Stevens. The average price of these homes rose 9.1% year over year, from $928,953 in the…