Hi all, we hope everyone is doing well! As we kick off 2026 we’d first like to wish you a year of good health, daily growth, a clear mind, and lots of fun 🙂
That said, we also wanted to share our first NYC Homebuyer Newsletter of the year. In this edition we have an article discussing the IBX (Interborough Express) and which neighborhoods could be transformed once it is fully operational. Second, we have an article which explains the truth about scoring a mortgage rate below 6%. Third we have an article about the recent rezoning which the NYC council approved and is the largest rezoning in 2 decades. And last, we have an article which talks about Mamdani’s housing policies and how they may reshape NYC real estate. Take a look at your convenience and let us know if you have any questions.
On another note, if you have any real estate related plans this year (i.e. buying a property, selling a property, buying real estate out of state, etc), please let us know. We have a ton of resources in NY and all over the country and we would be happy to help in any way possible.
The IBX Could Transform These New York City Neighborhoods
A proposed transit line that would create a new connection between New York City’s two most populous boroughs—Brooklyn and Queens—has the potential to remake a large swath of the city. The Interborough Express, or the IBX for short, is slated to connect Jackson Heights in Queens with Sunset Park in Brooklyn, with over a dozen stops that allow transfers to existing subway lines in between. Many of these stops will be in neighborhoods that are currently underserved by the city’s public transportation system, giving residents and visitors new and quicker ways to move through the city… Read More
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Here’s The Truth About Scoring a Mortgage Rate Below 6% Right Now
With affordability top of mind, time and again, agents and lenders are hearing that rates need to come down for buyers to come off the sidelines. And yet, for the better part of the past year, mortgage rates have hovered around the mid-6% range. Mortgage rates recently fell to their lowest level in over a year to 6.19%. Although economists with the National Association of Realtors® projected rates could dip into the “sweet spot of 6% in 2026,” other economists warn that the rates will be stuck in this range for a while… Read More
New York City Council Approves Largest Rezoning in 2 Decades
The New York City Council has greenlit the OneLIC Neighborhood Plan, a rezoning initiative that paves the way for nearly 15,000 new apartments, including 4,350 affordable homes across Long Island City in Queens, N.Y. This bill marks the largest rezoning in more than two decades, as well as the fifth over the past two years. One of the previous initiatives was the Atlantic Avenue Mixed Use Plan in Brooklyn, N.Y., which OneLIC touches upon, modifying its nonresidential zoning to allow industrial, arts and community facilities… Read More
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How Mamdani’s 2026 Housing Policies May Reshape NYC Real Estate
Housing affordability is central to Mamdani’s platform. He has described New York’s housing crisis as a “moral emergency” and states that affordability should influence future planning decisions. A significant component of his agenda involves expanding rent regulation. Mamdani says he plans to work with state lawmakers to lower eligibility thresholds for rent-stabilized units, extend protections to tenants in smaller buildings, and close loopholes used to deregulate units. He also supports “universal rent control,” which would limit annual rent increases across the city. Since rent regulation is governed at the state level, these changes need approval from the New York State Legislature… Read More
From the Blog & YouTube Channel
What’s the First Thing I should do if I want to Buy a Property?
How much Do I really need for a Down Payment in NYC?
Can I still Buy a Home in NYC if I’m Self Employed?
Well, that’s it for this month. If you have any questions or need any real estate help, please don’t hesitate to reach out 🙂
If you haven’t already, check out our YouTube Channel, we’re putting up new episodes every week.
https://m.youtube.com/queenshometeam