FOR BREAKING NEWS VISIT WWW.QNS.COM AUGUST 30, 2018 • THE QUEENS COURIER 19
21 million square feet of apartments coming to Queens
BY RYAN KELLEY
rkelley@qns.com
Twitter @R_Kelley6
A new interactive, real time map
released by the Department of Buildings
this week shows that Queens has approximately
21 million square feet of apartment
space under construction, among
other fi ndings.
As announced in a press release on
Aug. 22, the map shows the entirety
of New York City’s nearly 200 million
square feet of building space currently
under construction, complete with
details about each individual project and
links to online copies of building permits.
Th e map is the latest installment in
the DOB’s initiative to share data with
the public, following the release of the
interactive map of sidewalk sheds earlier
this year.
“New York has always been defi ned by
change, and that remains true today, with
major construction projects taking place
in every neighborhood across the fi ve
boroughs,” said Buildings Commissioner
Rick Chandler, P.E. “Th is real-time
map puts the power of DOB’s data in
the hands of all New Yorkers — giving
detailed information about construction
on your block, your neighborhood, and
citywide. Th e public owns this data, and
we are committed to putting it to work
for all New Yorkers.”
Th e map shows all active permits that
have been fi led with DOB, including
new buildings and alteration projects.
It automatically updates in real time as
new permits are issued and existing permits
expire. Users have the ability to fi lter
through the data shown by building type,
number of dwelling units, square footage,
estimated cost, general contractors, community
board boundaries and boroughs.
When fi ltered to show just the building
projects in Queens, there are several
interesting facts about the borough’s
buildings.
Th ere are a total of 2,450 active permits
in Queens that comprise a total
of 37,642,187 square feet of building
space under construction in Queens. Of
that, approximately 12 million square
feet of space is being built in Community
Board 2, covering Long Island City and
Sunnyside.
One of the main culprits of that space
is the whopping 1.2 million square foot
building in Long Island City at 22-44
Jackson Ave. As the largest active-permit
building in the borough, it is also
the tenth largest in the city and it has the
most dwelling units of any building in the
city, the map points out.
In total, Queens has 29,451 dwelling
units in the pipeline, and fi ve buildings
under construction in the borough rank
in the top ten most dwelling units in the
city.
New Line Structures & Development
is the busiest contractor in the borough
with 2.6 million square feet of work,
which ranks it inside the top ten citywide
for companies with the most square footage
of projects.
Th e 21 million square feet of residential
space in the works in Queens is only
a small fraction of the 120 million citywide,
which is the vast majority of all
active permit space.
To fi nd out more about how the DOB
is leveraging data to share with the people
of New York City, visit the Data &
Reporting page on its website.
Home prices soar in northern Queens
Image via Shutterstock
BY RYAN KELLEY
rkelley@qns.com
Twitter @R_Kelley6
A line is being drawn across
Queens when it comes to housing
aff ordability, according to a recently
released study by Property Shark.
According to the fi ndings released
on Aug. 20, there are only six ZIP
codes in northern Queens that have
homes for sale at less than $500 per
square foot. In the southern half of
the borough, however, homes for
less than $500 per square foot can
be found in every ZIP code.
For the northern half, that means
ZIP codes 11356, 11368, 11369,
11370, 11378 and 11379 — covering
College Point, Corona, Willets
Point, East Elmhurst, Maspeth and
Middle Village — are the most
aff ordable areas. Median prices in
these ZIP codes range from $443
to $498 per square foot, the study
shows.
Median prices in southern
Queens are below $500 per square
foot across the board, with the
11692 ZIP code in the Rockaways
having the lowest median price at
$199 per square foot.
Th e study also labels the 11375
ZIP code covering Forest Hills as
the most budget-friendly area in
Queens, meaning it has more listings
on the market priced below
$500 per square foot than any other
ZIP code.
Median sale prices were calculated
based on residential property
sales closed between Jan.
1, 2018, and June 30, 2018, the
study notes. Single- and two-family
homes, co-op units and condos
were all included in the study,
excluding package deals and sales
under $10,000.
In the rest of the city, the study
also pointed out many interesting
fi ndings. In the Bronx and Staten
Island, for example, homes priced
below $500 per square foot can be
found in every single ZIP code. In
Manhattan, on the other hand, only
the 10032 ZIP code in Harlem has
homes priced that low.
Brooklyn also fared worse than
Queens, according to the study,
with only a handful of ZIP codes
in the eastern half of the borough
priced below $500 per square foot.
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