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Astoria, LIC Rents Drop As Rents In Elmhurst, Corona Rise: Study Patch 12 hrs ago Kayla Levy © Shutterstock Rents continue to rise in areas hard-hit by the pandemic, like Elmhurst and Corona, while they continue to drop in northwestern Queens. ASTORIA/LONG ISLAND CITY, QUEENS Rents in New York City hit record lows during the first quarter of 2021, according to a new study, and while rents plummeted in northwestern Queens neighborhoods they rose elsewhere in the borough, highlighting disparities between neighborhoods. The report, released by StreetEasy on Friday found that NYC rents, which have been precipitously dropping throughout the pandemic, hit record lows across the city during the past few months, including in Queens where rents dropped below $2,000 for the first time in eight years.

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