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Queens Boulevard rents hold as supply slows

The state's registrations show an average initial legal rent of $3,060 in both the second and third quarters.

Queens · October 12 · Based on 3 documents

AreaQueens

Key facts

800 apartments certified, third quarter

One third fewer than Q2

Average initial rent: $3,060

Permits: three, against seven

The Department of Buildings issued certificates of occupancy for 800 apartments along Queens Boulevard in the third quarter. That is one third fewer than the 1,200 apartments certified in the second quarter. The third-quarter certificates cover six buildings along the boulevard.

800

Apartments certified along Queens Boulevard, third quarter

Registrations filed with the state's housing agency show an average initial legal rent of $3,060 for July to September. The average for April to June was also $3,060.

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How many rent registrations the state received

The permit count a year earlier

The size of the average building in both quarters

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Sources

1NYC Department of BuildingsCertificates of occupancy 2NYS Division of Housing and Community RenewalRent registrations 3NYC Department of BuildingsBuilding permit records

TopicsRentals

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