
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 the increased possibility that the school gets truncated from K-8 to K-5. With so many kids at the bottom of the pyramid, there’s a pretty good chance that additional classrooms will also be needed for the 1st-5th grades. Given that the recently announced addition of two new schools to the neighborhood won’t be completed until 2020, the only hope is that the DOE finds an auxiliary space in the next year…
//Talking about capacity constraints, there’s a lot of meaty local news on this subject today. First of all, Modern Spaces is doing so well in the neighborhood, that they are annexing the former Dream Realty location on 48th Avenue. /As an excellent addendum to our LIC Glut piece last week, the real estate site 6sqft.com has put together an excellent simulation of what Court Square/Queens Plaza will look like when all the announced buildings there are completed. They then followed it up with a detailed description, replete with renderings, of every single project. /Borough President Melinda Katz continues to be against the Mayor’s rezoning plan, and is thus one of the few local politicians still against it. /Finally, The New York Times has been relegated to my last mention, so you know there’s a lot of good stuff prior. In their weekly real estate column “The Hunt,” they profile a Washington, DC couple who were paying $2,700 a month to live in that city. Through the NYC learning process, they finally almost double their budget and end up with a really sweet pad in LIC. What I find most interesting, was that they were able to negotiate with TF Cornerstone a 10.5% discount from the list price. LIC Glut?1
Modern Spaces Brokerage Growing in LIC – $15 mil in total revs vs. $10 mil last year
Queens New Skyline: A Rundown of the 30 Developments Coming to LIC – they don’t even bother w/ Hunters Point
Katz Fights Rezoning – where’s the downzoning? Probably not going to happen
Renting an Experience in Long Island City – LIC comes out on top for this couple, after nixing Jersey City, Fidi, and the far reaches of Midtown West
Hunters Point Library Rises On the LIC Waterfront – NY Yimby gives it’s take, w/ updated pics
What Will LIC Retail Look Like in 5 Years – kind of an afterthought
- Ok, lots of caveats here. First thing that comes to mind is that a large part of that discount came via a free month’s rent. Or that TF has adopted a technique from traditional retailing where nobody actually pays the list price …except maybe a few foreigners. Plus, no matter how nice the place is, $5,095 a month is still on the very high end of 2-bdrm apts in LIC, so kudos to TF if they’re getting that [↩]
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