Queens
NYC Development Activity Accelerates to Decade High
The development boom in New York City is statistically official. Analysis by the New York Building Congress shows that new… Read more
Developers Rush to Build in Brooklyn
Developers have received permits during the first three months of 2017 from city officials in Brooklyn to build 2,097 new units… Read more
Queens Has Top Selling Building in Q1
Despite the strong performance of Brooklyn’s new development market, NYC’s best-selling building in Q1 2017 resides in Queens. Buyers closed… Read more
Home Prices Blast Higher in NYC
April 27, 2017 Super-luxury condominium sales keep pushing the average price of a home higher in New York City. The cost… Read more
Greysteel’s Brooklyn Beachhead
April 6, 2017 Greysteel, a national commercial real estate investment services firm, will open its long-planned New York headquarters at… Read more
One Year of Mandatory Inclusionary Zoning
April 7, 2017 Mayor Bill de Blasio took a victory lap on the one-year anniversary of New York City’s Mandatory… Read more
246K-SF Queens Warehouse will Remain a Warehouse
Metropolitan Realty Associates LLC (MRA) paid $55 million for a 246,000-square-foot warehouse in the Long Island City neighborhood of Queens… Read more
Getting the Lead Out at $10K Per Unit
If you own an apartment building in Brooklyn, Queens or the Bronx that was built before 1960, New York City… Read more
Architecture Prize for Bloomberg Center
The first building of a new $2 billion technology campus for Cornell University on Roosevelt Island won one of 12… Read more
Safe Sidewalks Near Busy Streets
An intersection in Queens, NY, shows why New York City is becoming safer for pedestrians. A pedestrian island and a… Read more
Banner Year for Queens Sales
Investors spent more dollars to buy and sell properties in Queens in 2016 than ever before. Additionally prices grew faster… Read more
NYC Least Affordable City
Out of 20 leading U.S. cities, New York City is the least affordable, according to a new study by AppFolio.… Read more
Double-Digit Price Hikes for Apartment Buildings
Prices for apartment properties rose quickly in the outer boroughs of New York City in 2016, even though investors bought… Read more
Mayor de Blasio Talks Building
The biggest worry many New Yorkers face is getting priced out of the city they love, according to New York… Read more
3% Cap Rate for Astoria Apartments
A private buyer paid $11 million for two apartment buildings in the Astoria neighborhood of Queens, NY. That works out… Read more
$325M Public Housing Deal in the Rockaways
The New York City Housing Authority (NYCHA) closed a giant deal Dec. 30 to bring $325 million to Ocean Bay… Read more
Big Zoning Changes in 2017
In neighborhoods across the New York City, Mayor Bill de Blasio plans to make big changes to the rules that… Read more
TriBeCa is NYC’s Most Expensive Neighborhood
TriBeCa is now the priciest neighborhood in New York, according to data firm PropertyShark. The median sale price of a… Read more