editor

NEW SCHOOL ANNOUNCED FOR LONG ISLAND CITY

February 12, 2016 by editor Leave a Comment

Last night at a meeting hosted by the Gantry Parents Association, President Jimmy Van Bramer made the announcement that a new school will be built in LIC. It will be a freestanding school ((not embedded/attached to an apartment building)) located in Parcel F of Hunters Point South. Parcel F is located at the southern end of HPS, near Newtown Creek. The expected opening is 2020-2021 and it is being built with the flexibility to service grades K-8 with a final determination made closer to opening based on the needs at that time.

In the meantime, the DOE/SCA (School Construction Authority) are in the midst of negotiations to find [Read more…] about NEW SCHOOL ANNOUNCED FOR LONG ISLAND CITY

PIZZA HUT COMING TO VERNON BOULEVARD

February 11, 2016 by editor 8 Comments

The moment we’ve all been dreading has arrived, fast food is coming to Vernon Boulevard ((though in some ways it’s already here given Dunkin Donuts and Bareburger)). We’ve heard from a good source that [Read more…] about PIZZA HUT COMING TO VERNON BOULEVARD

GANTRY PARK FLOODS AND 80-STORY TOWER IN COURT SQUARE?

February 9, 2016 by editor 3 Comments

The tide is high, or is it 2036 already?

The East River came over the edge at Gantry Park yesterday morning, creating a small pool on the promenade just north of the final pier, as pictured above. Newsworthy? [Read more…] about GANTRY PARK FLOODS AND 80-STORY TOWER IN COURT SQUARE?

A STREETCAR NAMED DE BLASIO

February 4, 2016 by editor 11 Comments

The march up Jackson after the 7-train was canceled

Mayor de Blasio has proposed a new streetcar line that will run near the East River and link Brooklyn to Queens. More specifically, it would start in Sunset Park and end in northern Astoria. Tentative plans in Long Island City have it crossing the Pulaski Bridge and running along 11th Street up to the Queensboro Bridge, and then shifting to 21st Street for the rest of the trek north. It is expected to cost $2.5 billion.

Great idea, I love it. It would be a fantastic addition for LIC. Just one thing – about that price tag? [Read more…] about A STREETCAR NAMED DE BLASIO

THE TOWNHOUSE ECONOMICS OF LIC

February 2, 2016 by editor 2 Comments

Groundhogs? Does anybody remember Jonas?

January is over, the days are getting longer and sometimes it’s now light out when I leave work. Who cares about some groundhog’s prediction, here in LIC we have our own harbinger of Spring: the fruit guy has re-appeared on 49th Avenue. Which given that it’s early February, is probably not a good sign for global warming. Nevertheless home-purchasing season is around the corner, so here’s an offering that comes with a real estate lesson.

In last week’s profile of The Editor in Brick Underground, I ran some numbers as to why the purchase of a townhouse in LIC, was a relative bargain versus Manhattan. Today, I will share an example of this. 10-49 49th Avenue is a centrally-located, newly-renovated, 6,000 square foot brownstone built in 1890. The asking price is $4.875 million, but it’s been on the market there since July, so I wouldn’t be surprised if a bid for $4.5 mil would make you the owner.

At that price, [Read more…] about THE TOWNHOUSE ECONOMICS OF LIC