RWD_p021

RT04202017

WWW.QNS.COM RIDGEWOOD TIMES APRIL 20, 2017 21 See how rents across Queens have spiked near certain subway stations BY ANGELA MATUA AMATUA@RIDGEWOODTIMES .COM @ANGELAMATUA Living near a subway stop is essential for many New Yorkers who want an easy commute to and from work. Though large swaths of Queens are still considered transportation deserts, there are neighborhoods with several train lines and this aff ects the rent residents will pay. RentHop, a search engine for apartment hunting,  created a map  highlighting median asking rent prices for one-bedroom apartments in 2017 along each train stop. The map also features median asking rent from 2016 for comparison. The train lines with some of the biggest rent increases since last year include the N and W lines that run through Astoria. The Astoria Boulevard stop saw an 18.3 percent increase in rent since last year, making the median asking rent about $2,500. But just one stop over at the Astoria-Ditmars Boulevard stop the median asking rent is $1,875. That number refl ects a 4.2 percent increase since last year. Rents along the 36th Avenue stop jumped 9.1 percent to $2,100 while the median asking rent around the Broadway stop decreased 2.5 percent to $1,950. Rent along the 7 line increased around some spots but in more cases it stayed the same or decreased. Median asking price for apartments around the Mets – Willets Point stop increased 4.3 percent to $,1825 but decreased at Vernon Blvd – Jackson Ave, 33rd St and 46th St. Prices stayed the same at 52nd St, 61st St, Roosevelt Ave in Jackson Heights, 74th St – Broadway, 90th St- Elmhurst Ave and Flushing – Main St. Rent for apartments along the F line in Jamaica saw a big spike in the fi rst quarter of 2017. The median asking rent along the Sutphin Blvd stop jumped 7.7 percent to $1, 825. Apartments along Parsons Blvd rose 6.8 percent and apartments around the 168 St stop spiked 7.4 percent since last year. Median asking rent near the Jamaica – 179 St stop is $1,775, which refl ects a 7.6 percent increase. The boardwalk along  Rockaway Beach was destroyed during Hurricane Sandy but the revitalized beach has attracted new visitors and residents. This peaked interest is refl ected in rent prices, which have risen since last year. The median asking rent has risen across every stop on the peninsula. Apartments along Beach 67 St saw a 9.3 percent increase in median rent, which translates to $1,475 per month. Along Beach 36 St, the median asking rent is now $1,500, which represents a 9.1 percent increase from last year. Far Rockaway – Mott Ave prices jumped 12.7 percent to $1,550. Prices from one stop to another can range wildly, and this map can help renters make informed decisions about where to move next. To view the interactive map with year-over-year changes,  visit www.renthop.com/ studies/nyc. Join the ‘Queens Power Women in Business’ for a night of awards & networking BY TONI CIMINO [email protected] @QNS Mark your calendars for Thursday, May 18, and join us as the Star Network honors the top women in Queens business. The Queens Power Women in Business Awards & Networking Event pays tribute to infl uential women in business whose major achievements and participation in the community have helped make a diff erence in the borough. From 6 to 9 p.m., the best will be feted at Terrace on the Park, 52-11 111th St., in Flushing. This year’s “Mentor of the Year” is Matilda Cuomo, and the “Star of Stars” and emcee will be Cheryl Wills, author/anchor, NY1 News. Honorees include top women from various industries – banking, law, medicine, non-forprofi t and more. The evening begins with a VIP Hour for honorees, during which they get to network with each other. There is also a business expo, followed by dinner and an awards ceremony. Raffl es will be sold during the course of the event, with 100 percent of all proceeds going to charity. Sponsors of the “Queens Power Women in Business” include Flushing Bank, Investors Bank, National Grid, Harlem Brewing Company, Manhattan Beer Distributors, The Queens Courier, QNS, Bethpage Best of the Boro, Godiva and the New York Daily News. For more information or for sponsorship or exhibitor opportunities, call Toni Cimino at 718-224-5863, ext. 227 or email  tcimino@starnetwork. com. Are you a “Queens Power Woman in Business,” or do you know one? Go to www.starnetwork.com/nominate  to nominate. Photo by Allen Ngai The 2016 Power Women in Business honorees. Map via RentHop


RT04202017
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