Over the weekend the New York Daily News ran a piece examining the growing desirability of Woodside, Jackson Heights and Elmhurst. The story’s familiar: as housing prices rise just about everywhere, people are getting pushed deeper into Queens, in neighborhoods along the subway line. Rents in Woodside are 25 percent cheaper than in Long Island City, according to the News. And the price of land in Woodside comes in 50 to 60 percent cheaper than land in LIC and Astoria.
Many of the new buildings going up are stocked with amenities, driving prices and demand up. At the Icon 52, the new luxury rental in Woodside, a two bedroom is asking $2,350 a month and a studio’s asking $1,500. According to a recent renter at the Icon 52, “We wanted to be close to the city and I think you get the best value for your money in that area.”
Woodside, Jackson Heights, Elmhurst Become More Desirable Neighborhoods [NY Daily News]
Icon 52 coverage [Q’Stoner]