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Queens' population, real estate boom makes it look like the next Brooklyn
May 29, 2017
The Renovations That Will Pay Off the Most for Selling Your Queens or Brooklyn Home in 2017
January 16, 2017
Higher interest rates shouldn't slow the Queens , Brooklyn real estate housing market
December 17, 2016
421A Tax Break could mean more development for Brooklyn and Queens Real Estate.
November 14, 2016
Real estate prices in Queens Brooklyn and The Bronx are on the rise.
October 24, 2016
See New Renderings of Massive Towers Coming Near Jamaica Queens AirTrain Station
October 12, 2016
Brooklyn civil court court consolidates real estate foreclosures.
October 10, 2016
Downtown Jamaica Queens is getting 177 affordable rentals to help its Real Estate boom.
October 8, 2016
Brooklyn artist making commentary on abandoned real estate in East New York
October 5, 2016
Is the East New York rezoning plan good or bad for Brooklyn real estate and the neighborhood?
October 4, 2016
By now you might be familiar with the city's approved plans to rezone certain parts of Brooklyn, Manhattan and the Bronx. Well here is some pros and cons.
- Development of major corridors like Fulton Ave, Atlantic Ave and Pitkin Ave will provide housing, new shopping,employment and community resources.
-The inside block zoning remain the same.
-More than 6500 new apartments are expected to be built with 50% of them affordable housing units.
-Home owners will see increased property value.
- A 98 million dollar, 1000 seat elementary and junior high school will be built by 2020.
-Improvements to city parks, roads and neighborhood infrastructure.
-Gentrification of the neighborhood with new renters / buyers moving into the area will change the “face” and demographic of the area.
-Home owners property value will increase but so will property taxes.
-Rent for people living and doing business in the area will more than likely increase forcing some people out of the neighborhood.
-Property owners being solicited by investors and speculators that may not have your best interest in mind.
So you see, there are good and bad points for the rezoning of NYC including East New York Brooklyn. What do you think?
east new york
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