RentCafe report: Long Island renters sign longest leases in U.S.

RentCafe found that Long Islanders are tied with northern New Jersey renters in signing the longest leases in the country, at ...
New York Post

Rent in NYC’s wealthiest neighborhoods has spiked 60% — and even six-figure earners are struggling

Rents in some of New York City’s wealthiest enclaves have spiked more than 60% since the pandemic, forcing even six-figure earners to struggle for apartments. Tribeca and SoHo posted the sharpest ...
Commercial Observer

Bank OZK, PGIM Lend $114M for Long Island Apartment Project

James Whelan, managing director of originations at Bank OZK, said in a statement that the project “is primed to deliver quality housing, superior amenities and transit connectivity in a highly ...
Crain's New York

Long Island City rezoning heads to Council for make-or-break housing negotiations

A city plan to boost housing in fast-growing Long Island City is entering its most pivotal stage of negotiations as it heads to the City Council following the City Planning Commission’s approval last ...
City Limits

PHOTO ESSAY: These 54 Blocks of Long Island City Are Poised for a Major Rezoning

The City Planning Commission approved a plan Wednesday to rezone a 54-block swath of the Queens waterfront neighborhood, to spur an estimated 15,000 new apartments over the next decade. Take a tour of ...
Commercial Observer

Acres Supplies $47M Construction Loan for Long Island Apartments

P7 Development has sealed $47.2 million of construction financing to build a multifamily development on Long Island’s Nassau ...