Beautiful weekend, why waste it reading the snooze? Well for one thing Continue reading
The iconic St. Mary’s Church on Vernon Boulevard will be knocked down to make way for a luxury residential tower according to plans filed with the NYC Department of Buildings yesterday. The proposal calls for a 62-story “pinner” building – one that’s very tall and very narrow – with many of the apartments full-floor 4-bedrooms with keyed access. According to the developer Continue reading
Christmas isn’t all about gifts, and Easter isn’t all about eggs. There’s chocolate bunnies too, and those cute yellow chick marshmallows that taste like styrofoam and take centuries to decompose – Little Peeps! As for Good Friday, it wasn’t really a very ‘good’ day for the main participant involved. Yet in aggregate, both holidays, or holy days actually, add up to a three-day weekend. For those not taking the G-5 down to Bermuda, these two holidays bookend a huge event on the Spring social calendar here in Long Island City: the annual Trinity Grace Church Easter Egg Hunt in Gantry Park.
This is the seventh year of the hunt, and though we have written previously about the juvenile frenzy – in adults – that the hunt evinces, I’m going to bring you up to date on the latest scientific data: Continue reading
PS78Q will add an additional kindergarten class this year, making a total of seven. This followed a boost from four to six classes last year, three to four classes in 2014, and two to three classes in 2013. Unlike in previous years, the additional class was added at the outset instead of wait-listing kids. This waitlist understandably led to fraught parents -> riots -> quick capitulation and the addition of new classes a week or two later. Why the DOE didn’t follow this model from the beginning, instead of creating tremendous agita for both parents and themselves and then caving in to the resulting uproar is beyond me.
The downside of eliminating a waitlist for the first time in four years, is Continue reading
This week comes two stories that should give a pretty good indication of where things are headed in the LIC, and NYC, real estate market. First, an article in DNAinfo talks about the increased concessions, in particular a free month’s rent, that landlords are giving prospective tenants. The freebies are up to 19%1, which supposedly is the highest percentage in six years. While the specifics of the numbers are a little nebulous, I have little doubt that the trend is real and that it’s accelerating, or about to. Implied in the story2, is that while reported rents in the city keep inching higher, or at least staying afloat, cracks are starting to appear.
The second story will be the proof in the pudding, or not, for Long Island City. Continue reading
The NYC EDC has put out a request-for-proposal (RFP) to develop the land currently occupied by the Water’s Edge Restaurant and the adjacent parking lot along the East River, as well as a long thin lot across the street on the south side of 44th Drive. In total, it’s about 4.5 acres, with the choice river front property about 75% of that total once one includes the possibility of reclaiming, via landfill, a portion of the lot that’s currently underwater.
The city’s RFP makes it clear that they want the developer to think big and ignore the current zoning restrictions1, and while paying lip service to including space for light manufacturing, heavily emphasizes the desire for affordable housing, on the magnitude of ~1,000 new apartments. Also, it begs the question: now that the city has shown their hand and a willingness to quickly change zoning in this specific neighborhood, does that mean the Paragon Paint Building should be given an exemption, as the previous complaint against doing so per Community Board 2 was that a comprehensive plan was needed?
Also, the RFP requires that Continue reading