Tag Archives: Queens

Manhattan median rent hits new $4K high, according to report

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Someone applying for a typical Manhattan apartment would need to make a salary of $157,000 per year in order to afford the rent. Continue reading →

Rent growth slows amid coronavirus pandemic

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Rents still increased in March, but the growth slowed at a time when rents would normally be rising more quickly. Continue reading →

Court upholds $6.75M award for graffiti destroyed at 5Pointz

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Twenty-one artists will be awarded $6.75 million seven years after suing developer Gerald Wolkoff for whitewashing their work at graffiti art mecca 5Pointz. Continue reading →

One year later, Amazon’s HQ2 drives massive housing shortage in Virginia

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Since the retail giant announced plans to build an HQ2 office in Arlington County, Virginia, home prices have grown 32.9 percent year-over-year. Meanwhile, active listings are down 49 percent. Continue reading →

Inventory plummets, prices jump near Amazon’s HQ2 in Virginia

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In the wake of Amazon’s HQ2 announcement, agents say that some sellers in Virginia are waiting to list their properties, while buyers at the lower end of the spectrum are having trouble competing for homes. Continue reading →

Lawsuit alleges New Yorkers built an illegal Airbnb empire

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The group allegedly spent years illegally renting out dozens of properties all across New York City, and ultimately made millions of dollars. Continue reading →

“It’s devastating”: Agents react to Amazon abandoning New York

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When the news broke Thursday morning that Amazon had flip flopped on its decision to put an HQ2 campus in Long Island City, Vincent Koo was in a meeting with other agents in the Queens, New York, neighborhood. Continue reading →

Local Realtors reel from report Amazon may avoid NYC

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That news did not thrill real estate agents in the area, half a dozen of whom said they still hope Amazon goes through with the original HQ2 plan. But they also said that with or without the retail giant, Long Island City has already benefited from mon… Continue reading →