Queens' apartment construction pipeline has contracted sharply over the past two years, falling from 10,866 units under construction in the first quarter of 2024 to just 2,497 units in the second quarter of 2026. The decline leaves the borough with its smallest active development pipeline in at least a decade.
Queens apartment building boom is running out of steam
Long Island City has shed nearly 5,000 units under construction since early 2024
CoStar Analytics
August 3, 2026 | 4:02 P.M.
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