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…
Apr. 15, 2025 By Alicia Fernandez The city’s zeal to enforce new environmental laws is set to crush the City’s middle-class housing stock under the weight of shockingly untenable fines. At issue is the implementation of Local Law 97, which was passed in 2019. The ambitious law sets emissions limits for buildings over 25,000…
Apr. 14, 2025 By Ethan Marshall Northwest Queens experienced a huge boost in its inventory of listings in March 2025 compared to the same month the previous year, according to a report by Douglas Elliman Real Estate. Year-over-year, the listing inventory in northwest Queens, which includes the neighborhoods of Astoria, Long Island City, Sunnyside and…
Apr. 10, 2025 By Ethan Marshall In a city of small apartments and constant turnover, Queens just claimed the crown—for self-storage. Queens recorded the highest volume of self-storage space sales in the United States in 2024, with neighboring Brooklyn not far behind, according to a recent report by the storage facility site Storage Cafe.…
Apr. 3, 2025 By Ethan Marshall During the first two months of 2025, the rental markets in the New York City boroughs of Queens, Manhattan and Brooklyn have each gone through different year-over-year trends, according to a report by the real estate listing site RentCafe. By analyzing five key metrics for rental competitiveness for…
Mar. 31, 2025 By Barbara Russo-Lennon and QNS News Team New York State Senator John Liu hailed an ambitious park project near Citi Field as a “home run” for Queens on Sunday, announcing plans to introduce legislation that would clear the way for the Metropolitan Park casino development. The proposed project would transform the…
Mar. 27, 2025 By Ethan Marshall New York City has launched a housing lottery for 24 units at 63-68 Austin St. in Rego Park. The building has 78 total units, with 54 being at market rate. Of the 24 units set aside, 19 are at 80% of the area median income with an asset…
Mar. 26, 2025 By Colum Motherway After years of mounting violations, community frustration, and inaction, the city has officially declared a long-abandoned building in Ridgewood unsafe. The building at 614 Woodward Ave. has been formally entered into the New York City Department of Buildings (DOB) Unsafe Buildings Program, following sustained advocacy from Council Members…
Mar. 19, 2025 By Bill Parry Four men—two from southeast Queens, one from Long Island, and another from New Jersey—along with three companies, have been indicted by a Queens grand jury for allegedly orchestrating a deed fraud scheme that led to the theft of homes in Kew Gardens Hills, Jamaica Estates, and Queens Village.…
Mar. 17, 2025 By Ethan Marshall Queens renters are feeling the squeeze as borough-wide apartment prices continue to climb. Studios, one-bedroom and two-bedroom units in Queens each experienced year-over-year rent increases of just under 5% during the month of February 2025, according to a report by the real estate firm M.N.S. Real Estate. The average…