New York City Luxury Rental Blog Archives for January 2014

A new Long Island City apartment building is nearing completion, bringing 59 new units to the burgeoning neighborhood. Located at 46-09 11th Street, the building will house both market rate and affordable apartments as part of the 80/20 housing program according to Brownstoner. As typical with the new construction in Long Island City, 46-09 11th Street will boast several luxury amenities, such as a rooftop deck, parking garage, private storage and a state-of-the-art fitness center.

Though the overall number of apartments rented in the colder months of the year typically decreases, our attention to the market remains diligently focused. We took a look at the latest data released, and here’s what we saw.