Queens’ Astoria Neighborhood Remains Undervalued Compared to Brooklyn, New York, But Prices Are Catching Up

The outer boroughs of New York City have long been positioned as the affordable alternative to Manhattan, but what’s happening in Queens right now suggests something more nuanced than a simple affordability story. A steady stream of former renters converting to buyers, developers reading the numbers carefully before committing, and a persistent undersupply of three-bedroom […]