A thousand reasons to love Long Island City. Tips: Editor@LICtalk.com
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?
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
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
Twas not the snow that kept me buried and quiet this week, it was an interview request. No green room for me, these days it’s all done electronically. So I put on my Beats – Beethoven’s 9th ((come on movie fans, what’s the reference?)) – put all else aside, and set to work composing an opus of my own. Sometime in the future, I hope the profile and the wisdom imparted in it will be viewed in the same manner that many investors revere and quote from Reminiscence’s of a Stock Operator. More likely it’s insights will immediately be put on the discount rack next to The Art of the Deal.
Nevertheless, my attorneys at Cellino & Barnes negotiated a tough deal with the publisher: limited editing and a dozen Dunkin Donuts. So I was able to prattle on and on and… With that I give you the definitive Long Island City: [Read more…] about THE DEFINITIVE LONG ISLAND CITY
Will it, won’t it, snow that is. That’s the big story here in LIC at this moment. Will we, won’t we, get a new school? That’s a big story here in LIC for the long term, but two educators from other parts are looking to possibly change that, or at least accelerate it. [Read more…] about SNOWMESS?