Good Friday: before I retired it was the only day that the stock markets were closed and the bond markets were open. Nowadays everyone gets it off, so how does one use the time if they’re staying in town? Continue reading
The old real estate gentrification trajectory was that artists moved into a a rundown and/or industrial, and definitely inexpensive neighborhood, fixed things up and created a community, only to eventually be priced out by wealthier non-artists hoping to have a little of that artistic funk bleed into their persona. In the 21st century, where things move at the speed of light, that conversion from rundown/industrial to artistic to gentrified has been compressed into one step. As soon as even a hint of any traction by artists to claim a neighborhood is documented, Continue reading
We got married in a fever, hotter than a pepper sprout,
We’ve been talkin’ ’bout Jackson, ever since the fire went out.
I’m goin’ to Jackson, I’m gonna mess around,
Yeah, I’m goin’ to Jackson,
Look out Jackson town.
How’s that for a twisted pairing? Eggs for the kids, beer for the ‘rents, sounds good to me. We’ve documented the explosion of the Queens beer scene over the last 24 months, but who knew there was a burgeoning Easter Egg Hunt frenzy in LIC? Continue reading
That’s right folks, less than one week after I broke the news about Queens most expensive condo, another seller comes along and crushes the previous record holder by 50%. ONE WEEK! The raw numbers equate to an asking price of over $2,500 a square foot. I’ll leave it up to the readers to comment on the price and valuation of this particular apartment, but I think there was a much bigger story lurking behind the catchy headline above, which quietly dropped last week. Continue reading
The long awaited movie version of “The Catcher in the Rye” will begin shooting in Long Island City this June. Martin Scorsese is slated to direct, and in his first-ever starring role on the big screen, Continue reading
Once again The View in Hunters Point tops itself with Queens priciest condo listing at $3.58 million, and we’ve heard that it is close to a done deal, which will set yet another record for Long Island City and Queens condos. And once again, the listing is with Silvette Julian of Nest Seekers, who sold the previous record-holder about twenty months ago. At the asking price, a sale would equate to almost $2,000 a square foot, but apples to apples comparisons would be very misleading in this case. First of all, it’s a 3-bedroom, an extreme rarity in this town1, for which buyers pay a big premium. But what really makes this apartment one-of-a-kind are its Continue reading
The above is what passes for news in LIC this week. If I were more ambitious I’d pen one of a dozen ideas percolating about in my head. Unfortunately I’m still recovering from Spring Break, as drinking a case of wine coolers every day for a week wreaks havoc, both physically and mentally, on my no longer teenaged system. Continue reading
I was unable to attend last week’s town hall liquor license meeting, due to my being away for Spring Break on some beach getting really sunburned. By all accounts it sounds like a few residents got out their pitchforks and torches to cut the knees off of a few small businesses, while the silent majority1 will just be denied the pleasure of a few new and interesting restaurants.
Of greater interest, Continue reading