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New York Post

partner publisher · 1.8M followers
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Buying a NYC home now takes nearly 15 years to pay off — but these 5 neighborhoods buck the trend

New Yorkers wondering whether to keep renting or finally take the plunge into homeownership may want to look toward Queens — where buying can pay off in less than three years. In Rego Park, homeowners could come out ahead financially over renting after just 2.8 years, compared with a staggering 14.5 years citywide, according to a new StreetEasy report . And despite stubbornly high mortgage rates , several other neighborhoods across Queens and The Bronx offer buyers a chance to beat renters financially in fewer than five years. Queens neighborhoods offer some of NYC’s shortest timelines for buying a home to become more affordable than renting. Getty Images The findings come as New York City’s housing market faces a growing inventory crunch, with the number of homes for sale falling to its lowest October level since 2017. Across the five boroughs, just 17,496 homes were on the market last month, down 3.1% from a year earlier, according to StreetEasy. The shortage has been particularly punishing for entry-level buyers, with Manhattan’s pipeline of relatively affordable new condos projected to plunge 74% by 2029, as developers increasingly focus on luxury properties. Meanwhile, the median sale price reached $900,000, meaning a buyer putting

New York, NY · 2d

thelocalgirl.com

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Tice’s Corner in Woodcliff Lake Sells for $109.5 Million

A well-known Bergen County shopping destination is entering a new chapter. Tice’s Corner in Woodcliff Lake has sold to Massachusetts-based WS Development for $109.5 million. The 120,000-square-foot shopping center is home to 28 stores and restaurants, and plans are already in the works for new retailers, dining, events, and property updates. Read on for what we know about the sale + what’s next for Tice’s Corner.

Woodcliff Lake, NJ · 3d
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Willow and Hearth

partner publisher · 57.7K followers
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New York City Median Rent Hits A Record $3,785 A Month, Up 4.5% In A Year, And Realtor.com Says Buying A Typical Home Costs Nearly Three Times As Much As Renting

If you rent in New York City, you already know the number is bad. Realtor.com’s third-quarter report puts the median asking rent at a record $3,785 a month, up 4.5% […]

New York, NY · 5h

brownstoner.com

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Top 5 Stories on Brownstoner This Week: Work Begins on Gowanus Tower

The woodwork is impressive and there is plenty of it in this 1890s Crown Heights townhouse. The interior is filled with period details but there are also sympathetic updates, making the house appear move-in ready. — For those who want room to spread out, this Ditmas Park house has abundant bedroom...

Brooklyn, NY · 1d
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New York Post

partner publisher · 1.8M followers

Boom of tiny NYC apartment buildings due to developers gaming tax-relief program

If the city has such a desperate housing shortage, why do so many new apartment buildings around town seem tiny? The magic number for residential developers in the Big Apple is 99 — the maximum number of units they can build to keep construction and labor costs low and to maximize future profits under a city-state tax-relief program. The Real Estate Board of New York found that new or planned apartment projects in the five boroughs with under 100 units surged to 172 from July 2024 to September 2026, as tallied by the city’s Housing Preservation and Development agency and the Department of Buildings. In comparison, a mere 13 such small-scale projects were recorded from 2008 to 2023. The 23-story Eastline at 1655 First Avenue, which will have 99 units. Google Maps Since 2024, Brooklyn and Queens had 65 and 58 new projects, respectively, with fewer than 100 units, while Manhattan had 17, according to REBNY. Manhattan leasing remains red hot in October A mere 99 units in some buildings is minuscule in light of the city’s need for 700,000 new homes in the next decade. But the reason they’re so popular with builders is simple, say REBNY vice president

New York, NY · 2d

New York YIMBY

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227 West 19th Street Nears Completion In Chelsea, Manhattan

Work is finishing up on 227 West 19th Street, an 11-story residential building in Chelsea, Manhattan. Designed by DXA Studio and developed in a joint venture partnership between RoundSquare Development and VM Properties Group, the 100-foot-tall structure spans 37,378 square feet and will yield eight condominium units. The collection comprises five full-floor three-bedroom homes, two four-bedroom penthouses, and a four-bedroom townhouse with a private garage. The property is located between Seventh and Eighth Avenues.

Manhattan, NY · 1d

njbmagazine.com

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Resource Realty of Northern New Jersey Arranges Lease with Best Way Trucking Services

Resource Realty of Northern New Jersey (RRNNJ) has negotiated an in-term lease renewal and extension for a 186,855-square-foot industrial facility at 151 Ridgedale Ave. in East Hanover, located within the East Hanover Commerce Park. The long-term agreement with Best Way Trucking Service, Inc. will bolster the firm’s regional supply chain infrastructure as it prepares for specialized Foreign Trade Zone operations.

East Hanover, NJ · 2d

njbmagazine.com

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A ‘Baby Bell Works’ Celebrates Its Grand Opening at Fort Monmouth

Inspired by Somerset Development yesterday celebrated the grand opening of its Bell Works Fort Monmouth “metroburb.” Based in Tinton Falls, the complex is the third Bell Works location nationwide and the second in New Jersey. Spanning 277,000 square feet, the facility is 90% leased. In what Ralph Zucker,...

Tinton Falls, NJ · 2d

NJ.com

publisher · 297.6K followers

What can $750,000 buy you in Mercer County in the week of Nov. 2?

For prospective homebuyers eyeing the real estate market in the area of Mercer County, here's what sold for $750,000 or under over the week of Nov. 2 to 8. Here, we provide a breakdown of the top five properties in each area, selected based on their proximity to the desired price range and the most spacious living areas available.

Mercer County, NJ · 3d

nj21st-.com

partner publisher · 38 followers

Editorial | Developers, Data Centers and the Working Families Getting Lost in NJ’s Land Battles

Berkeley Heights changed its zoning to allow hundreds more apartments at Connell back in March. In October, families at Villas went to a Council meeting to ask for help to stay in the apartments they already had. The two stories show how much a town can do when it’s motivated to help v. how little […] The post Editorial | Developers, Data Centers and the Working Families Getting Lost in NJ’s Land Battles appeared first on nj21st .

Berkeley Heights, NJ · 6h

hoodline.com

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Gary Barnett Finally Buys Out Yorkville Holdouts After Years-Long First Avenue Standoff

First Ave. & E. 86th St. — Reported Intersection of Tenant Holdout. Gary Barnett has finally gotten his hands on the one piece of land that kept slipping away. Extell Development has bought a four-story building at 1645 First Avenue from Jay and Stuart Podolsky, closing out a standoff that stretched back more than a decade and sat squarely in the middle of Barnett's Yorkville development site.

New York, NY · 20h

Courier News

partner publisher · 14.4K followers

Hunterdon County home sales for the week of Nov. 15, 2026

Bloomsbury 2 Pine Court. $535,000. Califon 149 Philhower Ave. $525,000. 251 Old Turnpike Road. $775,000. 8 Diana Court. $480,000. Clinton 38 N Slope. $290,000. 4 Old Orchard Court. $505,000. 91 N Slope. $315,000. Flemington 12 Manchur Court. $900,000. 16 Abbott Court. $425,000. 17 Shurts Road. $670,000. 18 Joe Ent Road. $625,000. 18 New Jersey Ave. $539,000. 2 W View Drive. $905,000. 209 Kuhl Road. $892,000. 21 Stirrup Lane. $805,000. 25 Park Ave. $389,900. 40 Rustic Trail. $900,000. Frenchtown 5 8th St. $529,900. Glen Gardner 1216 Spruce Hills Drive. $263,000. Hampton 339 Hackett Road. $865,000. High Bridge 17 Wilson Ave. $145,000. 22 E Main St. #A. $377,000. Lambertville 118 Clinton St. $620,000. 5502 Titus Road. $875,000. Lebanon 22 Red School House Road. $790,000. 5 Gerald Court. $410,000. Milford 191 Ellis St. $595,000. Pittstown 3 Surrey Way. $1,175,000. 9 Roosevelt Road. $465,000. Ringoes 38 Larsen Road. $985,000. 4 Riverview Court. $1,115,000. Whitehouse Station 1 Old Highway 28. $250,000. 31 Bouwrey Place. $721,000. 535 Route 523. $680,000. 77 Overlook Drive. $270,000. Brad Wadlow is a staff writer for MyCentralJersey.com This article originally appeared on MyCentralJersey.com: Hunterdon County home sales for the week of Nov. 15, 2026

Hunterdon County, NJ · 11h

connectcre.com

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Camber, RiseBoro Cut the Ribbon on Bushwick Affordable

Camber Property Group and RiseBoro Community Partnership cut the ribbon on 1601 Dekalb Ave., which transformed a former parking lot in Brooklyn’s Bushwick neighborhood into a 127-unit, 100%t affordable residential community. The development will provide homes for some of the city’s lowest-income and most vulnerable residents alongside affordable housing for workforce households.

Brooklyn, NY · 1d

chathamtownship.org

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Chatham Township Mails Preliminary Property Revaluation Letters to Residents

Township residents will soon begin to receive notices in the mail from Appraisal Systems Inc, the revaluation company under contract with Chatham Township to assist with the ongoing county-mandated townwide revaluation. These notices will begin to arrive in the coming days and will contain the preliminary assessment results for your property. A sample of the letter can be found at the end of this notice.

Chatham, NJ · 2d

roi-nj.com

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CBRE’s Real Estate Rush brings N.J. commercial real estate professionals together

CBRE’s Real Estate Rush brings N.J. commercial real estate professionals together. The second annual Real Estate Rush, hosted by CBRE Nov. 12 at Basking Ridge Country Club, brought together professionals from across New Jersey’s commercial real estate industry to discuss market conditions, mentorship and opportunities for women in the business.

New Jersey · 2d

The Cool Down

partner publisher · 249.8K followers

Miami ranks second-worst in US for rental affordability as typical rent hits $2,653

A typical year's rent takes up over a third of the median household's income.

Miami, FL · 2d

marejournal.com

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Colliers completes sale of Edison Square West in Edison, New Jersey for $11,700,000

±98,566 s/f class A office asset trades at $119 psf following a broad, controlled marketing process. EDISON, NJ — Colliers, a leading diversified professional services and investment management company, announced the successful sale of Edison Square West, a ±98,566 s/f class A office building located at 2035 Lincoln Hwy. in Edison, on behalf of seller Friendwell Management USA, LLC, for $11.7 million, or 119 psf. Marketed in partnership with Ten-X, a leading online commercial real estate auction platform, the property ultimately traded through a negotiated pre-auction sale. The transaction was led by vice chair Jacklene Chesler, senior vice president Patrick Norris, and transaction manager Brittany Leventoff.

Edison, NJ · 2d

hoodline.com

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Hell's Kitchen Tenants Rally for Right to Buy Their Own Buildings

Tenants of 438 and 440 West 45th Street gathered outside their Hell's Kitchen buildings, demanding that state and city lawmakers give renters like them the power to buy their own homes before landlords can sell to the highest bidder. The rally centered on two bills that would reshape how buildings change hands in New York: the Tenant Opportunity to Purchase Act and the Community Opportunity to Purchase Act.

New York, NY · 7d

5townscentral.com

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NY Appeals Court Clears Path for Mamdani’s $500 Million Tax on Luxury Second Homes

A New York appeals court has cleared the way for NYC Mayor Zohran Mamdani to advance a controversial tax targeting expensive second homes, overturning a lower court ruling that had challenged how the measure was introduced. The proposed pied-à-terre tax, backed by Gov. Kathy Hochul and Mamdani, would apply to...

New York, NY · 10d

Herald Community Newspapers

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Scianablo, Vider win as voters decide races

Scianablo, Vider win as Five Towns voters decide races. Joe Scianablo unseated Hempstead Supervisor John Ferretti, Lisa Vider defeated state Sen. Patricia Canzoneri-Fitzpatrick, and Laura Gillen won re-election as Five Towns-area voters weighed in on key local, county and congressional races. According to unofficial results, U.S. Rep. Laura Gillen won...

Hempstead, NY · 11d