Tag: real-estate-newsletter

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.…

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

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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…

Elected officials and tenants protest against alleged ‘displacement tactics’ at Glendale’s Clover Place

Assembly Member Jenifer Rajkumar speaks at Saturday's rally outside 56-21 Clover Pl. Also pictured: Assembly Member Maritza Dávila. Phot: Ramy Mahmoud.

Aug. 4, 2025 By Shane O’Brien Tenants and elected officials gathered in Glendale Saturday afternoon to protest against what they described as “displacement tactics” enforced by the landlord of three residential buildings on Clover Place — accusations which the landlord strongly denies. Residents at 56-07, 56-11 and 56-21 Clover Pl. have accused the building’s…

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…

Queens sees higher median home prices amid shrinking inventory and fewer sales: Report

median

Jul. 10, 2025 By Ethan Marshall Queens saw a year-over-year increase in the median sales price of co-ops, condos, and one-to-three-family homes during the second quarter of 2025, even as both inventory and the number of closed sales declined, according to a report by Douglas Elliman Real Estate. The borough’s median sales price of…

Millionaire renters surge in NYC as high earners opt for luxury leases: report

millionaire

Jul. 3, 2025 By Ethan Marshall The New York metro area experienced a drastic surge in millionaires renting property there from 2019 to 2023, according to a report by the real estate listing site Rent Cafe. Over this period of time, the number of households in the area rented by those earning at least…

Micro units account for over 40% of NYC’s rental supply pipeline: report

micro units

Jul. 2, 2025 By Ethan Marshall New York City ranks among the top major cities in the United States in the number of rental units that are undersized, and nearly half of the units in the pipeline there are planned to be micro units, according to a report by storage space marketplace Storage Cafe.…