Queens Realty Blog

Tax Tips for the New Year

noreply@blogger.com (Queens Realty NY) — Mon, 31 Jan 2011 19:06:00 +0000

What better New Year’s resolution can you make than getting your finances in order? Take time this January to do a few simple things that can go a long way towards making your tax filing time easier than ever.

Organize Better

Instead of keeping your tax records and receipts stuffed into shoeboxes, take some time this year to organize your records better. A large accordion file may be all you need. Label the slots with different categories, like medical expenses, donations to charity, and other deductions. Every time you pay your bills, drop your receipts into the appropriate slot. When tax time comes around, you’ll have everything at your fingertips.

Learn More About the Tax Laws

You don’t need to make the tax code your bedside reading, but it is helpful to become more knowledgeable about the tax laws that might affect you. If you are unsure about what deductions you may qualify for or what tax consequences you may incur from investing decisions, consider talking to a qualified accountant.

Look Into Your Tax Saving Opportunities

Ask your employer about ways to maximize your tax-sheltered savings potential. Consider increasing your contribution to your employer’s 401(k) plan to take advantage of all of the tax benefits available to you. Also ask about any “flexible spending arrangements” that you may qualify for to pay for child-care and medical bills.

Queens Realty, Built on Quality, Growing on Service Since 1982 in the Queens Real Estate Market

Appraisals…Myths and Facts

noreply@blogger.com (Queens Realty NY) — Mon, 17 Jan 2011 22:53:00 +0000

There are so many myths about real estate appraisals. Therefore, we are laying out the myths and facts about real estate appraisals here in our latest blog. Real estate property value is unique to each property. The appraiser relies on general expertise and specific research to arrive at an opinion of value. Most consumers have little experience with appraisals, which makes them have some misconceptions about the whole process and results.

Appraisal Myths and Facts

Myth: The purpose of an appraisal is to make sure the buyer doesn’t pay too much.

Fact: Appraisals provide information for the buyer and seller. However, the primary mission of an appraisal is to protect the lender.

Myth: A specific formula is used in appraisals, like price per square foot.

Fact: All information is taken into consideration. The size of the lot, the location, the condition of the home, recent sales prices of comparable properties and more is taken into consideration when appraising a home.

Myth: Good housekeeping will increase the home’s value.

Fact: The cleanliness of the home has nothing to do with the final appraisal. They look for neglect, such as cracked walls, chipped paint, broken windows, bad carpeting, damaged flooring and appliances that are inoperable.

Myth: Anyone can be an appraiser.

Fact: Federal law requires states to establish standards for licensing real estate appraisers. Most states require several courses, passing an exam and several hours of supervised experience.

Myth: Appraisers don’t have to reveal home defects to the buyers.

Fact: The appraiser must disclose to the buyer potential problems if the buyer is applying for a mortgage that will be insured by the Federal Housing Administration. For non-FHA mortgages, this obligation does not exist. A home inspection will also let the buyer know what potential problems the home may have.

Looks and Taste Like Art at L’Artiste Restaurant

noreply@blogger.com (Queens Realty NY) — Mon, 10 Jan 2011 21:22:00 +0000

Eastern European cuisine reigns supreme in the neighborhood where Greek, French and Italian restaurants are everywhere. If you had a craving for a more rustic bistro fare, you would have been out of luck until L’Artiste opened its doors.

L’Artiste is a quaint, casual bistro exemplifying sophistication and artistry. The cheery hodgepodge of modern and traditional décor is unique. Vintage singer sewing machines, a modern Eiffel Tower mural, and classic bistro lamps exist in the same space. At first glance, it may seem a little disjointed. But, the eclectic décor works wonderfully.

Most of the main dishes are protein-based. However, they do serve vegetarian platters to further excite the palate. Juicy seared duck breast and earthy sides of spaghetti squash are served with orange beurre blanc sauce that gives the dish that extra hint of sophistication. For something more traditional with a modern twist, try the roast chicken cordon bleu with wonderfully crisp skin and delicious stuffing.

This French eatery boasts fabulous desserts. Be sure to save room for flaky fig tarts, coffee panna cotta and profiteroles with vanilla ice cream and a drizzle of chocolate sauce.

This restaurant has proven to be a worthy adversary when it comes to French food that’s simply magnifique! The L’Artiste restaurant can be found just minutes from Glendale in Astoria, NY.

Home Ownership Remains Strong in America

noreply@blogger.com (Queens Realty NY) — Tue, 04 Jan 2011 00:11:00 +0000

It’s looking like home ownership remains strong in America, according to Fannie Mae. The Fannie Mae 2010 Own-Rent Analysis has recently released their research of homeowners and renters. The research explores consumer decisions to buy or rent a home. According to the study findings, 51% of current owners and renters say that the housing crisis has not affected their decision to buy a home. Aspirations are high for the long run.

However, the National Housing Survey shows in the third quarter that 33% would be more likely to rent their next home. Among people already renting, 59% say they would continue to rent in their next move.

The Fannie Mae Survey conducted in November shows there is hope toward home ownership rates, but decisions to buy are tempered by current consumers' cautious attitudes toward home buying in the current financial environment.

The study shows a strong desire to own homes and reveals that life events are greatly influencing family decisions to rent. The trend with the housing crisis has caused consumers to approach home ownership with greater caution.

Fannie Mae’s research analysis shows shifting demographic and lifestyle trends correlate to consumers’ housing decisions, which may have long-term implications for the housing market. Many things are effecting decisions. For example, in the past, married couples have been more likely to own. Now, married couples are a shrinking portion of the population. Having children, however, has increased the propensity to own. In today’s market, single mothers are renting due to financial constraints and the percentage of households with children is declining overall as well.

Fanny Mae compares current consumer actions, attitudes and financial consideration with historical consumer behaviors, market experience and economic conditions to analyze today’s market of owners versus renters.

Housing Scorecard Shows Continued Signs of Stabilization in the Housing Market

noreply@blogger.com (Queens Realty NY) — Mon, 20 Dec 2010 23:47:00 +0000

The newly released November Scorecard shows the Obama Administration has made significant strides in promoting stability for the housing market and the nation’s homeowners. Millions more families are able to stay in their homes and there is a steady rise in responsible borrowers refinancing their loans who are becoming homeowners.

The Administration cannot stop every foreclosure. We know that more has to be done to reach homeowners in distress and to help those that are unemployed borrowers. They are focusing on successfully implementing the programs we have in place, such as neighborhood stabilization funding, additional assistance on refinancing and emergency loans to help unemployed homeowners and that help is available to homeowners as early as possible.

Recent reports of problems in the foreclosure process underscores the importance of helping responsible homeowners avoid the pain of foreclosure. We continue to stress to mortgage servicers the importance of making every effort to enroll eligible homeowners and provide meaningful alternatives to avoid foreclosure.

The November Scorecard shows key data on the health of the housing market. One million families refinanced their mortgages in the last quarter, taking advantage of the lowest rates in history. This has helped more than 8.3 million homeowners to refinance, resulting in more stable home prices and $15.2 billion in annual borrower savings.

With the expiration of the Home Buyer Tax Credit, new and existing home sales have stayed below levels in the first half of 2010. While some homeowners may have received help from more than one program, the number of agreements offered were more than double the number of foreclosures for the same period (1.6 million).

Data in the scorecard show that recovery in the housing market continues to remain fragile. While recovery will take place over time, the Administration remains committed to its efforts to prevent avoidable foreclosures and stabilize the housing market.

Ping Website

Santa Visits Queens, NY This Christmas Season

noreply@blogger.com (Queens Realty NY) — Mon, 13 Dec 2010 21:48:00 +0000

Santa will be ready for visits all season long in Queens' largest mall. Santa events to look for at Queens Center Mall include the following:

* Mid November to December 24, every day except Thanksgiving Day, visit with Santa.

* 11 a.m to 8 p.m. all days except Sundays, noon to 7 p.m on Sundays and Christmas Eve 11 a.m. to 5 p.m. Santa will be available.

* Santa Breaks are Monday-Saturday 1 to 2 p.m. and 5:15 to 6 p.m. and Christmas Eve 2 to 3 p.m.

* Photo packages available for pictures with Santa.

* Breakfast with Santa is December 5, 8-10 a.m. for Q Kids Club Members and require RSVP.

* Pets with Santa on December 6, 7:30 to 9:30 p.m.

* Santa is on Level 3 in the JC Penney Wing.

* Queens Center Mall is located at Queens Blvd (on north side) and Woodhaven Blvd, just off the L.I.E. in Elmhurst , NY 11373.

How to Understand Points, Rates and Fees

noreply@blogger.com (Queens Realty NY) — Mon, 06 Dec 2010 17:08:00 +0000

You have to understand what type of mortgage you should choose and understand the costs associated with your mortgage. All costs will be paid upon closing on your mortgage.

Purchase points, also known as a buy-down or discount points, are a up-front fee paid to the leader at closing to lower your interest rate over the life of the loan. Every point is equal to 1% of the total loan amount. For a $100,000 loan, one point would equal $1000. The more points you’re able to buy, the lower your interest rate will be and the more money you’ll need at closing. This is how you can determine if you should buy points and, if so, how many. Your decision should be based on how long you plan to live in your home and what you can afford to pay each month toward the mortgage. If you are going to live in your home for more than five years, it’s probably a good idea to purchase points. The longer you live in your home, the more you can save on interest over the life of the loan.

You are charged an interest rate when you get a mortgage. The rate the lender charges you for using their money is the interest rate. The higher the interest rate, the higher your monthly payment will be. Interest rates change constantly. Sometimes rates change daily or even hourly. If a lender quotes you an interest rate, that is not necessarily the rate you will get when you close on your loan. You have to formally lock in that rate with the lender to insure you will get the quoted rate at the time of closing. Generally, lenders will allow you to lock in your rate quote for 15, 45 or 60 days. The longer you take to lock in, the more expensive it will be since there’s more of a risk to the lender.

Fees are associated with getting a mortgage. These fees cover the cost of processing and underwriting the loan. Fees can include charges for ensuring the title to the home is free and clear, paying for land survey or paying for a home appraisal which will give you the estimated value of the property. Home appraisals are required to close on your mortgage. Different lenders may charge different amounts. Some lenders may charge lesser closing fees to lure you in but they may charge you a higher interest rate. This means you will pay more in the long run. Everyone has different needs and you may or may not be able to afford to pay more at closing and be willing to pay more over the long term of the loan.

Do your homework before it comes time to close and make sure there are no hidden fees. Ask your lender many questions so that you perfectly understand all the costs involved with your mortgage. You may want to consult with your tax advisor, also.

Buyer Tips - Making a Home Dream Into a Reality

noreply@blogger.com (Queens Realty NY) — Fri, 26 Nov 2010 18:41:00 +0000

Buying a home can be one of the biggest decisions you make in your life. We at Queens Realty understand how stressful a time this can be. Here are a few buyer tips to make your homeowner dreams into a reality:

Upfront Costs - Most buyers know about saving up for their down payment, but there are other upfront costs that buyers need to have in addition to their down payment. These include closing costs and inspection fees (where applicable).
Options for Down Payment - Most financial experts recommend that buyers come up with at least 20% of the cost of the home for a down payment. That can be alot of money. So, you may want to explore your options. If you can qualify for an FHA loan, you only need 3.5% down. There are government programs that offer down payment assistance as well. Another option is if you have a relative who would be willing to "gift" you all or part of your down payment. Make sure to discuss these options with your Real Estate Professional.
Run a Credit Check First - Lenders use your credit score to determine whether you are a good risk to lend money to and your likelihood of paying back the loan. If you credit score is high, you will get a lower interest rate, thus paying less to borrow money to purchase your home and saving you thousands of dollars over the life of the loan. Everyone is entitled to one free credit report per year from each of the three credit reporting agencies: Experian, Equifax and TransUnion. Check your credit report for accuracy and make sure to report any errors you find to the appropriate credit reporting agency. It is important to do this for all three because there may be differing information on each one. This should be done well in advance of applying for a loan.
Get Prequalified - Prequalifying for a loan takes only minutes. The lender will go over what you make, what your monthly expenses are and determine how much money they would be willing to lend you. This gives you a general idea of the price range you could afford based on these limited criteria.
Get Preapproved - Unlike prequalification, the process to get preapproved can take longer. The lender will give you a letter of credit stating the maximum they have approved you for on a loan. Sellers are more apt to work with someone who already has a loan in place. It also helps make the home buying process proceed quicker.
Determine Wants - Decide exactly what you want and must have in a home before you go searching for one to help narrow your focus. For example, you absolutely must have at least 3 bedrooms but can forgo the 3 car garage if the house fits the rest of your criteria.
Determine the Neighborhood You Want to Live In - Where you decide to live can have a big affect on your wallet. Even different neighborhoods within the same city can cost or save you thousands of dollars on the asking price of a home. Decide which areas will fit you and your family's needs before you do your home search. Again, this will help you narrow your focus while searching for that perfect home.
Hire a Professional - An experienced Real Estate Professional can help you through the entire home buying experience, from searching for a home to putting your offer in to even helping you hire general contractors or inspectors you may need, making the home buying process easier.
Begin Your Home Search - Since approximately 84% of buyers start their home search online, the local MLS is a good place to start.

By following these buyer tips, you can make your home dream into a reality. Contact Queens Realty to help you with any of your Queens real estate needs.

Purchasing a Home is a Good Financial Decision

noreply@blogger.com (Queens Realty NY) — Mon, 15 Nov 2010 21:54:00 +0000

A recent survey done by the 2010 National Housing Pulse Survey shows that eight out of ten people believe purchasing a home is a good financial decision. This is surprising news because of the ongoing challenges of the housing market, but very good news none-the-less.

The National Association of Realtors® released this annual report that helps measure how affordable housing issues affect consumers. The survey also found job security concerns to be the highest for the first time in eight years. Almost 70% of Americans say that job layoffs and unemployment are a big problem in their area and eight in ten say these issues are a big barrier to homeownership.

Although job recovery is what is needed right now to help get the economy and housing market back on track, many people still say owning a home is a big part of the American dream and a great long-term investment in their future.

More of the survey shows that, despite the economic uncertainty, 68% say it’s a good time to purchase a home. 63% of respondents who rent say that owning a home is a future priority and close to 40% say it’s their highest priority.

Even with improved affordability, nearly 80% of surveyors say having enough money for a down payment and closing is a big obstacle to their buying a home. And 73% say they lack the confidence to be approved for a loan.

Myers Research & Strategic Services for NAR’s Housing Opportunity Program and American Strategies are responsible for conducting the 2010 National Housing Pulse Survey. There were 1,209 adults surveyed who live in the 25 most populous metropolitan statistical areas.

A Queen’s November to Remember

noreply@blogger.com (Queens Realty NY) — Mon, 08 Nov 2010 15:32:00 +0000

It will be a November to remember in Queens, NY this month with several holiday related activities all month long. When visiting Queens this month, whether you’re visiting family, friends, or looking for Queens real estate, be sure to check out some of the local events going on in the Queens Borough.

Renaissance in Newton Creek – Join Queens historian and urban geographer Jack Eichenbaum on November 13th at 11:00am for a walking tour along Newton Creek. This event is sponsored by the Municipal Art Society and is $15 to enjoy.

LICBDC Annual Luncheon and Trade Show – The biggest business networking event in Queens will be held on November 17th. This annual affair is run by the Long Island City Business Development Corporation. It’s a great opportunity to connect with other entrepreneurs at the free trade showe.

Thanksgiving Dinner in Queens – Restaurants all throughout the Queens Borough will be serving turkey dinner complete with all the trimmings on Thanksgiving Day.

Macy’s Thanksgiving Day Parade – In just a short drive to New York City you can join people from around the world at the 84th Annual Macy’s Thanksgiving Day Parade on November 25th at 9:00am. The parade route will begin at 77th Street & Central Park West and end at 7th Avenue & 34th Street.

Public viewing areas for the parade include:

Central Park West – West side of the street from 70th Street to Columbus Circle and the east side of the street from 70th to 65th.

6th Avenue – Between 42nd and 34th Street

7th Avenue – Between 58th and 42nd Streets

34th Street – The South side of the street between Broadway and 7th Avenue

42nd Street – From 7th Avenue to 6th Avenue

Columbus Circle – The West side of the street

For more information about the 84th Annual Macy’s Thanksgiving Day Parade, visit their website at www.MacysParade.com.

A Gap in Mortgage Availability

noreply@blogger.com (Queens Realty NY) — Mon, 01 Nov 2010 20:11:00 +0000

Close to one-third of Americans are unlikely to qualify for a mortgage, which leaves a gap in mortgage availability. Many Americans no longer have the credit score required for homeownership. According to Zillow Mortgage Marketplace, borrowers with a credit score under 620 who asked for purchase loan quotes for 30-year fixed, conventional loans were highly unlikely to get even one loan quote even when offering a down payment of 15-25%. According to data provided by myFico.com, 29.3% of American’s have a credit score below 620.

At the same time, there are 47% of Americans who have an excellent credit score of 720 or above who were able to claim low interest rates on their mortgages. These borrowers were able to receive an APR of 4.3% for a conventional 30-year fixed mortgage because of their excellent credit score.

Borrowers with mid-range credit scores between 620 and 719 were given APRs between 4.73% and 4.44%. Credit scores blow 620 were too few to calculate an average low APR.

If you are looking to purchase a new home and your credit score is within the mid-range of 620-719, improving your credit score will help ensure a significant savings in interest over time. The average low APR declines 0.12% for each 20-point credit score increase. For a $300,000 home, with at least 20% down, you can save $6,400 over the life of a 30-year conventional loan.

Now that we are in an era of historically low mortgage rates and home value declines, homes are more affordable than ever. So, if you are having trouble getting a home loan because of your low credit score, work on paying off your debts and erasing them from your credit file. You, too, can have the home you’ve always dreamed of for prices you won’t see again for a very long time.

Keeping the Kids Safe at Halloween

noreply@blogger.com (Queens Realty NY) — Wed, 27 Oct 2010 05:22:00 +0000

Halloween is always an exciting time of year for kids here in Queens. To help make it as safe as possible, keep these tips in mind:

Costumes should be bright and reflective. You can add reflective tape to costumes if they are dark to begin with. Choose brightly colored trick-or-treat bags to add greater visibility.
Instead of masks, use makeup and costume hats. Kids can see better which will help prevent tripping.
All parts of your child's costume, including wigs and accessories, should be flame-resistant.
Children should always have an adult guardian with them when they go out to trick-or-treat. Each adult member of the party should carry a flashlight.
If you have older children who are going out alone, be sure to discuss their route ahead of time so you know where they will be. Agree on a specific time for them to be home and give them a cell phone to take with them.
Pedestrian injuries are the most common injuries on Halloween. To be safe, stay in a group and only travel on well-lit streets. Stay on sidewalks and do not cut across streets except at corners.

By following these tips, you'll be keeping the kids safe at Halloween so everyone has a fun time. Happy Halloween, everybody!

Queens Realty, your Queens real estate specialists

Finding the Right Realtor® in Queens, New York

noreply@blogger.com (Queens Realty NY) — Mon, 18 Oct 2010 20:45:00 +0000

If you’re looking to buy or sell a home in any of the Queens, New York communities, we have some tips to help you find the right Realtor® who will do an exceptional job. Buying and selling a home can be stressful, but with a little help from the right Realtor®, your stress level will be reduced to nearly nothing.

Here are a few things to consider when choosing a Realtor®:

Decide What Your Priorities Are

Before buying or selling a home, you should decide where your priorities lay. How soon do you want to buy or sell? If you’re selling, will you be okay with your home staying on the market for a bit longer so you can get the price you seek? Do you have a Realtor® who is communicating with you frequently?

Research Potential Realtors®

Many family members, friends and even co-works can refer you to a great Realtor® in your area. You can also research Realtors® on the Internet and request information about an agent, who will be happy to send you a proposal. It is wise to choose an agent who is endorsed by the National Association of Realtors®. They have a board who regulates them and they have to stick by a strict code of ethics.

Interviewing Potential Realtors®

After you have done your research on potential real estate agents, you can select a few to interview. You should conduct the interviews in person so you can get a better feel for the agent’s personality and presentation. Ask questions such as how long have they been a real estate agent, how many properties have they sold and listed in the past year and ask for references from previous clients. Also, ask what their marketing plan will be for your home if you are selling.

Check References and Compare Realtors®

Choosing the right Realtor® should never be made impulsively. You should consider your priorities again, compare the different agents that you liked in your interviews and compare how they match up with your goals.

Two of the biggest and most common mistakes sellers tend to make when selecting a Realtor® are choosing the one who will price their home the highest or choosing a Realtor® with the lowest commission.

The biggest thing you can do for yourself when choosing the right Realtor® is ask for and contact their references.

Queens, NY Fun in October

noreply@blogger.com (Queens Realty NY) — Mon, 11 Oct 2010 23:09:00 +0000

There will be alot going on throughout the month of October in Queens, NY for the whole family to enjoy. Everyone loves it when the weather begins to turn pleasant during the fall. Therefore, we have found some great activities you can enjoy during the rest of the month.

Queens October Activities:

Oct. 16th – Highland Park’s Fall Harvest Festival – Come out from noon until 3 pm for a fun-filled time of crafts, games, music and more. Highland Park is on the Queens/Brooklyn border at Jamaica Ave and Elton St.

Oct. 17th – Halloween Harvest Festival LIC – The Halloween Harvest Festival gives everyone a great opportunity to check out the Socrates Sculpture Park in Long Island City. Children can learn from Socrates artists at many of the Halloween costume workshops. You can even enter your canine into the Canine Costume Contest. There will also be face-painting, art-making and pumpkin-painting all day long.

Oct. 17th – Hood – You can enjoy the Tale of Robin and his Merry Men at the Red Door Theatre Company at 11:30am and 2:00pm. There will also be a concert of Irish Mariachi and Mexican Bluegrass. Socrates Sculpture Park is located at 3134 Vernon Blvd at Broadway.

Oct. 30th & 31st – Smash That Pumpkin – At 1 pm and 3 pm, you can join in on launching pumpkins to their death with a catapult. This activity will be held at the NY Hall of Science on 111th Street and at Flushing Meadows Park.

Oct. 30th & 31st – Boo at the Zoo – For the Halloween animal in you, come out to the Queens Zoo with the family so you can all enjoy face-painting, pumpkin decorating, a haunted habitat and trick-or-treating.

Oct. 31st - The Jackson Heights Halloween Parade – This is the second largest Halloween parade in the state of New York. It turns into a day all about the neighborhood kids and their costumes. Grownups are even known to get in on the fun. Parade begins on 89th Street. Time is to-be-announced.

Any of these activities will make for a fun-filled time in Queens, NY this October and its communities of Forest Hills, Forest Hills Gardens, Rego Park, Kew Gardens and other areas.

The Best Places to Eat in Forest Hills

noreply@blogger.com (Queens Realty NY) — Mon, 04 Oct 2010 20:55:00 +0000

Forest Hills is full of great places to eat with a wide selection of restaurants. Austin Street and Metropolitan Avenue contain the most restaurants in the Queens Borough. You’ll find a quality range of restaurants in Forest Hills and more in the wealthy Forest Hills Gardens area. There are good Italian, Chinese, Japanese, Thai, Uzbeck, and Argentine restaurants, plus a Japanese market and several Irish pubs.

We have found a list of Forest Hills' top restaurants from local reviews online and would like to share them.

Some of the top restaurant picks for Forest Hills include the following:

Best Restaurant – Danny Brown Wine Bar & Kitchen

Best Pizza – Nick’s Pizza

Best Breakfast – Just Like Mother’s

Best Place for Uzebeki Kebabs – Sult

Best Burgers, Fries, and Beer – PJ’s Steakhouse

Restaurants change and new ones open from time to time. However, for the time being, these restaurants are what’s topping the Forest Hills' best restaurants list.

Enjoy Apple Day Festival When in Queens, NY

noreply@blogger.com (Queens Realty NY) — Mon, 20 Sep 2010 17:12:00 +0000

On September 26th, if you’re in Queens, NY, you can enjoy the Apple Day Festival. This will be a free all day festival on Sunday from 11am to 5pm. The streets between Orchard Street and Grand will be transformed into an apple orchard. Truckloads of apples of all varieties will be coming in for everyone to feast on.

Local restaurants will offer apple-themed treats for visitors to enjoy. Visitors will also enjoy musical performances by local groups and art from Miller’s Art Gallery. People from areas such as Forest Hills, Forest Hills Gardens, Rego Park, Kew Gardens and surrounding areas will be attending the Apple Day Festival, so don’t miss out.

The Apple Day Festival was established in hopes to bring more people to the area during daylight hours since the area has been a long time thriving nighttime destination. There aren’t as many office buildings in the area which decreases foot traffic.

If you will be in the Queens area during the Apple Day Festival, drop by the event. You are sure to have a great time. For more information on the festival, you can call (212) 226-9010 or visit the website at www.lowereastsideny.com.

Papazzio Restaurant Gets First “A” in City

noreply@blogger.com (Queens Realty NY) — Mon, 13 Sep 2010 19:18:00 +0000

The Papazzio Restaurant and Catering in Bayside, which is a few miles northeast of downtown Queens, has received the first “A” rating on Bell Boulevard. This comes just weeks after the City’s Department of Health and Mental Hygiene letter grading system went into effect in the Bayside community.

This is a huge feat for any restaurant since the board of health has toughened up on its standards. Papazzio was opened in 1980 and has been happily serving the Queens community ever since. While Papazzio can sit back and relish in their “A” achievement, other restaurants are patiently waiting for a second inspection to bring up their scores.

With the new grading system, restaurants will now receive letter grades from the DOHMN based on food safety in their kitchens during evaluations. And restaurants will be required to post their grade on their front window, door or other outside walls. This means you will know the safety of the food you will be eating before you even enter the building.

The score system is simple. Restaurants who score 0-13 violation points will receive an “A” grade, restaurants that score 14-27 violation points will receive a “B” grade and restaurants that score 28 violation points or more will receive a “C” grade. A “C” grade means that they have failed sanitary inspection, but their violations are not enough to close them down.

Many consumers around the areas of Forest Hills, Kew Gardens, Rego Park and nearby communities are excited about the grading system. Now they won’t have to worry about the kitchens where they are eating.

So, when you’re going out for breakfast, lunch or dinner, look for the restaurants grade near the door before you enter.

noreply@blogger.com (Queens Realty NY) — Sat, 11 Sep 2010 15:42:00 +0000

OPEN HOUSE

SUNDAY, 9-12

FROM 1-4 P.M.

109-14 Ascan Ave. #6H

Forest Hills, $538K

CHARM, STYLE & SPACE ALL IN THIS FABULOUS 1500 SQ FT PRE-WAR CO-OP ONE BLOCK FROM FH GARDENS. BEAUTIFULLY RENOVATED KITCHEN W/ WINDOW. TWO RENOVATED BATHS W/ SHOWER, TUB & WINDOW. HUGE FORMAL DR. HWF. LOVELY FRONT VIEW IN LR, DR & KIT. 2 EXPOSURES. CONVIENTLY LOCATED TO ALL AMENTITIES ON AUSTIN ST. VERY CLOSE TO LIRR & EXPRESS SUBWAY. PET FRIENDLY. VERY DESIRABLE PS 101. STORAGE AVAILABLE. PT DOORMAN.

Hosted by Ellen & Andrew

CLICK HERE for additional photos and information on this property.

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66-15 Thornton Pl #4G

Forest Hills, $230K

SUNNY, JR4/2BR/1BATH CO-OP LOCATED ON A TREE LINED STREET IN FOREST HILLS. RENOVATED KITCHEN WITH STAINLESS STEEL APPLIANCES. LARGE LIVING RM/DINNING RM WITH SOUTHERN VIEWS... BRIGHT MASTER BEDROOM WITH TWO CLOSETS. 2ND BEDROOM IDEAL FOR NEWBORN, OFFICE OR STUDY. RENOVATED BATHROOM, HARDWOOD FLOORS, ABUNDANT CLOSETS. SHORT WALK TO SUBWAY(V,R,G) SHOPPING & RESTAURANTS.

Hosted by Jeffrey & Genevieve

CLICK HERE for additional photos, information, and a virtual tour on this property.

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67-53 Exeter Street

Forest Hills, $645K

LOVELY SEMI ATTACHED BRICK TUDOR TOWNHOUSE, 3BEDROOMS, FULL BATH WITH ATTACHED PRIVATE GARDEN/PATIO + 1CAR GARAGE, CLOSE TO TRANSPORTATION & SHOPPING.

Hosted by Joan

CLICK HERE to view additional information and pictures on this property.

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78-53 76th Street

Glendale, $495K

THIS IS AN XL HOME WITH SPACIOUS ROOMS- DUE TO MAIN FLOOR EXTENSION. ALL TASTEFULLY RENOVATED: CERAMIC TILE AND HARDWOOD FLOORS, ELEGANT GRANITE COUNTER TOPS, STAINLESS STEEL APPLIANCES, RECESSED LIGHTS AND MORE. NEW ROOF, NEW HOT-WATER-HEATER, NEW BOILER. HUGE GARAGE. THIS HOUSE WILL NOT WAIT LONG FOR IT'S NEW OWNER...

Hosted by Cezar

CLICK HERE for additional photos and information on this property.

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88-40 79th Avenue

Glendale, $549K

VERY NICE LOCATION- PS 113. LEGAL 2 FAMILY. BIG GARAGE. SPANISH TILE ROOF. WINDOWS 10 YR. HARDWOOD FLOOR UNDER CARPET.

Hosted by Bart & Alex

CLICK HERE for additional photos and information on this property.

Restaurant Week in Queens

noreply@blogger.com (Queens Realty NY) — Tue, 07 Sep 2010 12:27:00 +0000

The fifth annual Restaurant Week in Queens, NY is set to begin with a bang on September 20th and last through September 30th. This year’s event is sponsored by Discover Queens of the Queens Economic Development Corporation.

We’ve got the entire list of restaurants who will be participating in this year’s event. Each participating restaurant will offer three-course lunch and dinner specials for $25. Some local Queens restaurants will be offering deals for two people. You should call the restaurant on the list to confirm the deal.

Restaurants in Flushing, Forest Hills, Bayside and more neighborhoods will also be participating in this year’s Restaurant Week in Queens. There are currently over 75 restaurants on the list and it’s still growing.

So, when Discover Queens comes around, get out and enjoy the many diverse culinary offerings of Queens, NY. Enjoy Asian food in Flushing, Greek food in Astoria, French food in Bayside and many more flavors in participating boroughs.

Click here for the complete list of participating restaurants.

noreply@blogger.com (Queens Realty NY) — Mon, 06 Sep 2010 13:40:00 +0000

Wishing everyone a safe and happy Labor Day.

Free Report - Five Ways to Save for a Down Payment

noreply@blogger.com (Queens Realty NY) — Sat, 21 Aug 2010 16:00:00 +0000

If you are looking to buy a house in the near future, you are probably also looking for the best ways to save for your down payment. The larger the down payment you have, the lower your monthly payments will be, making this an important step in your overall financial plan. This becomes especially important if you can put at least 20 percent down. By doing this, you will be able to keep from having to pay private mortgage insurance, or PMI. These extra charges are required if you have less than 20 percent equity in your home and are not tax deductible.

There are some simple strategies you can take to maximize your down payment. As you plan to begin the home buying process, keep these ideas in mind.

1. Get Motivated

If you are truly interested in saving as much as you can, you will need to have the right frame of mind. To save money effectively, you have to really want to save it. It takes some willpower to forgo those things you normally do, like eating out, purchasing new clothes, and going on a weekend vacation. While you are saving for your down payment, you should do all you can to squeeze the most you can out of your budget.

2. Budgeting to Save

Your budget can be your best tool for saving money. If you are not already doing so, now is the time to start keeping track of all of your expenditures. See if there are places in your budget you can cut spending, like magazine subscriptions, eating out for lunch, babysitting expenses, and clothing purchases. You can also look for ways to decrease your spending by considering using coupons, carpooling, taking your lunch to work, and making your own coffee at home.

3. Develop a Savings Plan

You will also need a strategy for handling your savings before you actually purchase your home. Your best bet is to open a special savings account for just this money. Consider using a certificate of deposit (CD) account. Although you would be penalized for an early withdrawal, you will get a better interest rate than a regular savings account. And that penalty might just be a good incentive to keep from using that money for other purposes.

4. Reduce Your Debt

You will want to be sure to keep your credit rating as high as possible during the time frame before you buy your home. This means making sure that you are paying all of your bills on time. If possible, begin paying down your credit card debt as well, as this can help you get a better rate on your home loan.

5. Explore New Places to Get More Money

Consider implementing an automatic transfer from your paycheck to your savings account. That way, you will not see the money and will be less likely to spend it. If you are normally given expensive gifts for birthdays or holidays, let your friends and family know you'd prefer to have the money placed in your savings account. If you do pay off a credit card, car loan, or student loan during the time before you purchase your home, keep writing checks for that amount and deposit them into your savings account. Finally, consider a short-term second or weekend job to generate some extra cash flow. You can do this until you buy your home and will appreciate the extra money when you finally do sign your closing papers.

noreply@blogger.com (Queens Realty NY) — Fri, 20 Aug 2010 17:32:00 +0000

OPEN HOUSES

SUNDAY, 8/22

1-4 P.M.

110-31 73RD ROAD #6N

FOREST HILLS, $188K

SUNNY & SPACIOUS TOP FLOOR 1 BEDROOM APT. IN THE HEART OF FOREST HILLS WITH HARDWOOD FLOORS, LIVING ROOM, DINING AREA, KITCHEN, FULL BATH, 4 CLOSETS & WINDOWS IN EVERY ROOM. PET FRIENDLY BUILDING.

Hosted by Ashin & Diane

CLICK HERE for additional information on this property.

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110-45 QUEENS BLVD #915

FOREST HILLS, $439K

BRIGHT SUNNY RENOVATED 2BR/1BA LARGE ROOMS THROUGHOUT. NEAR TRANSPORTATION, SHOPPING & SCHOOLS PS 196. AMPLE CLOSET SPACE IN LUXURY 24 HRS DOORMAN BUILDING, GARAGE $200, GYM $100. NO WAITING LIST.

Hosted by Neil

CLICK HERE for additional information on this property.

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69-40 YELLOWSTONE BLVD

FOREST HILLS, $205K

BEAUTIFULLY RENOVATED ONE BEDROOM APT IN 1 OF FOREST HILLS PREMIER BUILDINGS. SS APPLIANCES IN KITCHEN. HUGE LR/DR WITH PARQUET FLOORS. RENOVATED BATHEOOM, NEW VANITY LIGHTING & FLOOR. MASTER BEDROOM 4 WINDOWS. 2 BLOCKS TO SUBWAY, SHOPPING, & RESTAURANTS.

Hosted by Jeffrey

CLICK HERE for additional information on this property.

OPEN HOUSE FOR THIS PROPERTY IS 1-4 PM BY APPT ONLY.

PLEASE CALL THE OFFICE FOR APPT, 718-544-4000.

What You Need To Know During Moving Season

noreply@blogger.com (Queens Realty NY) — Mon, 16 Aug 2010 18:24:00 +0000

It’s still moving season all across the nation and there are some things you need to know that will help your move go more smoothly. Because of the economic downturn, many moving communities lost several of their drivers and this has caused a backlog for moving this summer.

Moving companies are unable to keep up with this season's moving demand and, in some cases, the waiting list can be two months long. Therefore, we have some tips and advice to help you get prepared and have a stress-free move.

* Get quotes – Get your moving quotes now so you can book quickly.

* Create Inventory – Create a household inventory before you begin packing. This is a great time to take stock of the items you’ve acquired over the years. If you will be hiring a mover, write full descriptions of your things and its condition. This will help you in the end if things come up missing or damaged.

* Important documents – It is very important to gather all important documents and make copies of them. Make sure you keep all original documents with you during the move. Important documents can include birth certificates, social security cards, marriage licenses, insurance policies, wills, stocks and bonds, property deeds and titles.

* Document belongings – You can easily make a record of your belongings on video or by digital camera. This will help make a more accurate, visual record of your belongings in their current condition. Important information you should photograph on your belongings include serial numbers, brands, distinctive features, etc. Keep this with you during your move.

* Pets – Be sure your pet is up-to-date on all vaccinations before your move and carry the appropriate documents with you on moving day. Also, make sure your pet has their collar on with your information on it.

* Return and retrieve – Return all rented movies, library books and borrowed items. Retrieve anything you may have in storage, the cleaners or elsewhere.

With advanced planning, your move can turn into an adventure for all.

The US Open Coming to Queens, NY

noreply@blogger.com (Queens Realty NY) — Mon, 09 Aug 2010 21:31:00 +0000

The US Open is coming to Queens, NY this month. The qualifying tournament begins August 24th, with the official start date being on August 30th. You’ll get to see many up and coming tennis stars of the future during the qualifying tournament for free and this part you won’t see on TV. Queens can get a little crowded during this time, so prepare your days accordingly.

Here are some tips to make your day at the US Open more enjoyable while in Queens:

* Take the subway – Don’t try to drive yourself to the US Open, as parking can be expensive with a starting price of $15. The closer you get, the more expensive the parking price becomes. The subway will save time and money since you will only pay $2 and it’s just a short walk to the gate.

* Ground Pass tickets – Unless you have a corporate connection with lots of money, you should skip the expensive upper level by getting ground admissions during the first week of the US Open.

* No Bags – Don’t bring any bags into the Open. Security lines for bags, purses and even bagged lunches can get insane. You can by-pass these lines by foregoing all bags.

* Use the South Gate – The East Gates always have the longest and slowest lines. Take the extra steps to walk around to the South Gate and avoid the larger crowds.

* Eat outside – Save money by leaving and eating outside the US Open. If you eat there, you can expect to pay over $5 for hot dogs and over $16 for burgers, fries and a drink. You can get your hand stamped, leave for lunch and return without paying again. You’ll find many vending carts outside the gates for good prices.

* The West side is better – On sunny days, head over to the West side where you’ll find less crowds and great tennis.

* Take in New York – If you’re too tired after the open, you can still take all of New York in at a glance. Visit the Queens Museum of Art where you can see the entire city in one room. There’s a scale-model replica of the city and, best of all, it’s free during the Open.

Queens Communities Getting Safer Everyday

noreply@blogger.com (Queens Realty NY) — Mon, 02 Aug 2010 22:06:00 +0000

Queens, NY communities are getting safer everyday as the city celebrates the 27th annual National Night Out Against Crime on August 3, 2010. Throughout the city, each borough precinct will be celebrating with a community gathering that is sponsored by the National Association of Town Watch.

The event is designed to heighten the crime and drug prevention, strengthen neighborhood spirit, generate support and participation in local anti-crime programs and strengthen police-community partnerships. For those who are interested in participating in the National Night Out Against Crime, we have a schedule of all events.

National Night Out Against Crime in Queens, New York:

* 102nd Precinct – At Buddy Memorial on Park Lane South and Myrtle Avenue from 7:00 pm to 9:00 pm. Everyone attending will get to enjoy free refreshments, live music, gifts and entertainment.

* 103rd Precinct – In Rufus King Park at Jamaica Avenue and 153rd Street from 5:30 pm to 9:30 pm. Entertainment and activities include performances by oldies and doo-wop band, blow up rides, face painting and free food. There will also be an honors ceremony to recognize outstanding community service.

* 104th Precinct – In Joseph P. Mafera Park at 65th Place and 68th Avenue from 6:00 pm to 8:00 pm. There will be a short class on public safety along with free refreshments and entertainment.

* 105th Precinct – In Cabbell Park at 121st Avenue and Francis Lewis Boulevard from 5:00 pm to 9:00 pm. Attendees will enjoy blow-up rides, music, games, free food and face painting. There will also be informational booths about crime prevention. The cop of the year award will also be given at this event.

* 106th Precinct – In Joseph P. Addobbo Park at 133rd Avenue between 81st and 83rd streets from 6:00 pm to 9:00 pm. There will be demonstrations of police resources, crime prevention displays, safety information, VIN etching, child fingerprinting, novelty giveaways, music, refreshments, and local organization and business information.

For information about the events of 107th through 115th Precincts, you can visit this website.