Tuesday, September 10, 2024

Queens is burning and more unaffordable

 https://qns.com/wp-content/uploads/2024/09/1000005956-rotated.jpg?resize=900,1200 

QNS

A 72-year-old man was killed after a fire engulfed his illegal basement apartment in South Richmond Hill on Thursday afternoon.

The FDNY received a call just after 5 p.m. of a house fire at 94-14 132nd St. Firefighters confirmed the blaze broke out in the basement. The FDNY dispatched 12 units and 60 firefighters and EMS personnel to the scene. Paramedics rescued the 72-year-old victim, and EMS rushed him to Jamaica Hospital Medical Center, where he was listed in critical condition. He succumbed to his injuries and was pronounced dead a short while later.

Two other residents were injured, and one firefighter suffered a minor injury. They were treated at the scene. The fire was brought under control at 5:44 p.m. 

QNS

New York City has launched a housing lottery for 182 units in The Monarch, a 24-story mixed-use development at 92-29 Guy R Brewer Blvd. in Jamaica that opened last July.

The building has 605 total residences, with 30 available in the housing lottery for those earning 80% of the area median income and another 152 for those earning 130% of the area median income.

Of the 30 units set aside for those earning 80% of the area median income, 25 are one-bedroom, with a monthly rent of $1,596. Up to three people can reside in each unit, as long as their combined annual income ranges from $58,046.-$111,840. The other five units are two-bedroom, with a monthly rent of $1,904. These units are meant for up to five people, who earn $69,669-$134,160 annually.

For the 152 units set aside for those earning 130% of the area median income, 125 of them are one-bedroom units, which cost $3,140 a month. They are meant for up to three residents, who combine to bring in $107,658-$181,740. The 27 remaining units are two-bedroom, with a monthly rent of $3,753. Up to five people can live in these units, as long as they combine to earn $128,675-$218,010 annually.

Amenities for residents of The Monarch include washers, dryers and dishwashers in the units, high-end kitchen appliances, countertops and finishes, air-conditioning, energy-efficient appliances, smart controls for heating and cooling, charging outlets with USB ports, hardwood floors, cable or satellite TV and high-speed internet.

QNS

The average rental price for housing units across Queens went up 4.07% year-over-year in August 2024, according to a report by the real estate firm M.N.S. Real Estate.

Queens had its overall rental price jump from $2,812 in August 2023 to $2,926 in August 2024. Studios, one-bedroom, and two-bedroom units each experienced price hikes over this period of time. While the year-over-year changes were not as extreme as last month, the trends were similar.

Studios again had the largest percentage increase, going up 5.92%, from $2,240 in 2023 to $2,372 in 2024. Rego Park retained its title of having the most significant increase in studio rent year-over-year among the 11 Queens neighborhoods included in the study. The cost there rose from $2,138 last year to $2,714 this year.

One-bedroom units had a 3.73% rise in rent, from $2,737 in August 2023 to $2,839 in August 2024. Once again, Rego Park had the biggest boost among the Queens neighborhoods, with the rent of one-bedroom units there going up from $2,646 last year to $2,889 this year

Two-bedroom units again had the largest increase in price, going up 4.41%, from $3,415 in August 2023 to $3,566 in August 2024. Sunnyside had the biggest change, up from $2,920 last year to $3,316 this year.

The most expensive units continue to be found in Long Island City. The average rent in August there was $3,464 for studios, $4,223 for one-bedroom units and $5,975 for two-bedroom units.


1 comment:

Anonymous said...

Pretty sure that the "carbon" and other pollution caused by one of these fires makes up for the carbon "saved" by about ten thousand of these stupid e-bikes. Even though CO2 has next to nothing to do with "climate change," but even conceding the argument , somebody needs to compare the "carbon" creation going on here.

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