Category Archives: Real Estate

VALENTINE THOUGHTS ON REAL ESTATE IN LIC

End Construction, hmm...

End Construction, hmm…

 

How about some local real estate data points for Valentine’s Day?  Yeah, that oughta get everyone excited.  First, The Forge, a rental building in Court Square which opened in August 2017 is 50 percent leased.  It has 272 units and was developed by the Gotham Organization and Brause Realty.  Next, Continue reading

A MOVEMENT HAS BEGUN IN HUNTERS POINT

Thank you Brent, please place Rec Center right here.

Thank you Brent, please place Rec Center right here now

A movement has begun for a Rec Center in Hunters Point.  Spearheaded by Brent O’Leary, President of the Hunters Point Civic Association, and Eric Malinowski, a local father of two, the tandem, with backing from several other neighborhood organizations, has created an online petition calling for a recreation center to be included in any large development granted a rezoning or variance (Aka #1 Anable Basin; #2 Water’s Edge).  The petition cites many Continue reading

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THE DIRTY LITTLE SECRET OF HUNTERS POINT

Despite the delays and cost overruns at the Hunters Point Library, I personally like it. I know that not everyone in the neighborhood shares my sentiment, some thinking it an overpriced folly and others questioning the need for any new libraries in the 21st century.  But grand projects that may come across as impractical or wasteful at onset, can sometimes transcend their original purpose, as well as transform a neighborhood if the conceptualization of it is on target.  Though we won’t really know for another year about the final outcome, I’m optimistic that the decision to build it will be proven correct.

Yet underlying the creation of the Hunters Point Library, is a dirty little secret: Continue reading

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LARGEST HOTEL IN OUTER BOROUGHS COMING TO COURT SQUARE

Dreaming of pools, saltwater and non, in Long Island City

Dreaming of pools, saltwater or not, in Long Island City

AND so Christmas is over, let’s get down to business.  Which in Long Island City almost inevitably revolves around real estate.  Though this time of year is normally slow on the local news front, we here at LICtalk are extremely adept at finding seemingly innocuous updates, rehashes, or snippets, and performing alchemy.  In other words, making a mountain out of a molehill. Today’s version, comes to us via a new-spin-on-an-old-story in The Real Deal, which is kind of interesting.

Basically they declare that the largest hotel in the outer-boroughs is coming to LIC.  The 50-story Toyoko Inn is slated to have Continue reading

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DAYCARE OPERATOR COMING INTO BIG HPS CROSSING SPACE

It's all about the kids, right

It’s all about the kids anyway, right?

THE large retail space in Hunters Point South Crossing has been rented by a “local daycare operator” according to a notice sent to residents of the building today. The notice projects completion in Continue reading

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THE TURKEY COMETH, BUT FIRST A LITTLE BBQ FOR LIC

I'm flying, i'm flying

Yes, turkeys can fly

NOT one but two regional articles from BBQ meccas came out this past weekend lauding our local pit-masters.  The first from Kansas City’s daily paper, highlights John Brown’s Smokehouse and how it’s become a home away from home for Chiefs fans on Sundays.  It mentions how local LIC resident Tony Richardson, who spent about a decade of his NFL career in KC, is regularly behind the bar or in front of it on game days, and even convinced Dante Hall to stop by.  The second Continue reading

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PLAXALL’S GRAND(E) PLAN FOR ANABLE BASIN & REC CENTER

Last night I met with several of the Plaxall family members where they shared their just released plans to develop Anable Basin.  These plans entail a major rezoning of the area, whose central theme is “bringing LIC to Anable Basin” by opening up the shoreline surrounding it to the public and making it easily accessible via newly created pedestrian lanes that would slice through their current plots. The initial blueprint would be a mix of residential, retail, and a doubling of their current industrial space, in the hope of making the area one that’s 24/7 instead of the stark division currently in LIC where an area is utilized by business during the day or inhabitants at night, but not both.  Also a new school would be built away from the site on a nearby Plaxall holding on 11th Street.

To help put it all together the family recently hired Jonathan Drescher, previously  the Director of Major Projects for the Durst Organization, who expects the zoning process to take most of 2018 with the hope that the initial phase begins in 2019.  As one would expect with his arrival, the plan also contains the considerable upsizing of the amount of buildable square footage that would be allowed, leading to the possibility of a 70-story waterfront tower and 5,000 new residential units.  It would also incorporate many of the development buzzwords coursing through City Hall these days: Continue reading

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FOOD NEWS, REAL ESTATE PORN, & NO 7-TRAIN

Oh Autumn, we miss you dearly

Oh Autumn, we miss you dearly

Flash – THERE WILL BE NO 7-TRAIN SERVICE FROM LIC TO MANHATTAN THIS WEEKEND OR NEXT - per tipster & MTA website

We’re going to squeeze the lemon and try to get a post’s worth of LIC information for you during a slow news week where all the local stories were broken or created by the citywide press.  Though I promise not to do a wholesale regurgitation of one of those stories, I will start with food.  The New York Times gives a big smooch to the Court Square Diner in its Neighborhood Joint column.  In summary, it dwells on the camaraderie not the cuisine.  Oh wait, The Court Square Blog, one of LIC’s finest publications (there are two in that category), did announce that a Sweetleaf is coming to Tishman Speyer’s massive residential project in Queens Plaza. Oh wait, here’s another local food tidbit as broken by moi, thanks to a tipster: The Howard Stern show had a staff outing at Maiella late last month, and raved about the Continue reading

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SHAKE SHACK COMING TO HUNTERS POINT SOUTH?

Future home of Shake Shack ...oh and 2,000 new residents

Future home of Shake Shack …oh and 2,000 new residents

Well maybe, but that’s not the real story.  Instead, the LIC Post is reporting that a complete redesign of Hunters Point South’s Parcel C was unveiled last night at a Community Board 2 Land Use meeting.  Most significantly, the towers will now rise to 55 and 44 stories from a previous 41 and 35 stories in the original plan shared in 2013.  The other significant design change from that plan, is that the structure will no longer run uninterrupted along Center Boulevard, which effectively made it one mammoth building with two peaks.  Instead it will be broken up with a Center Boulevard (and Oval and Manhattan) facing open area filled with greenery, art installations, and a food pavilion.  It’s in that pavilion that one of the presenters last night threw out the name Shake Shack Continue reading

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MUSINGS ON GENTRIFICATION IN LIC AND DEVELOPING WATER’S EDGE

So much promise, but needs to be reasonable

So much promise, but needs to be reasonable

 

In the perfect world of The Editor there would be fewer humans taxing the earth’s resources and fewer still straining those of Queens and NYC.  Regrettably someone else from this borough was recently elected monarch so I won’t be able to impose my will until 2020 and thus will be required to accept compromises, just like everyone else.  That will entail watching large swaths of Long Island City towered up to the sky, much of which has already transpired.

Despite my anti-growth leanings, Continue reading

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