A thousand reasons to love Long Island City. Tips: Editor@LICtalk.com
We have lots of little local throwaways to end the week. Or maybe they’re actually really significant if you spin it right. I’ll take The Editor’s prerogative and lead with something I consider more than worthy by announcing that [Read more…] about MORE NEW NEWS FOR LIC
The LIC Partnership held its 2nd Annual LIC Summit today. A few interesting tidbits were gleaned, but there’s not much left to say about LIC that hasn’t been said or isn’t really known. There was a lot of jawboning about residential edging out office space, and thus office space displacing light manufacturing, and hazy solutions for it, all of which require government subsidies, tax breaks, zoning changes, and variances. As if letting capitalism take its course combined with good regulation aren’t enough of a panacea.
Plus there was a lot of well trodden ground such as [Read more…] about WHERE ARE THE CURRENT RESIDENTS’ YACHTS?
No more pencils
No more books
No more teacher’s dirty looks
Out for summer
Out till fall
We might not go back at all
There’s only one more week left for children attending local public schools. Unless of course you take a page from The Editor and are forced to go to summer school. Or go to one of those expensive learning camps that advertise being a funnel for early admission to Harford. As for the rest of the kids, summer begins at noon on Friday, June 26.
//As a follow-up to my real e-state post earlier in the week, comes [Read more…] about ONE WEEK LEFT FOR LIC SCHOOLS & THE FROZEN ZONE
Despite headlines in the last week declaring record highs, I predict that over the next 12 months supply will finally overtake demand in the NYC residential sector. The high level of current building activity and the expected number of units to be completed in the next year are easily evident to any layman who looks at the skyline or at street level, and/or to anyone reading mainstream local news, where real estate increasingly competes with sports as the lead topic around town. Requiring a little more analysis and maybe a hunch or two, I believe demand will start tailing off from its furious pace due to the recently stronger dollar, the smaller base of 20-somethings still living at home and then spinning off seven years after the ’08 crash, and the fact that this city will see diminished demand by college graduates due to it’s being so much more expensive to live in than comparables.
Before we get to what this means for residents of LIC, let’s quickly address the other real estate sectors in the neighborhood. [Read more…] about LONG ISLAND CITY 2015 REAL E-STATE OF THE UNION
Tomorrow, June 13, is the 80th Anniversary of one of the the greatest upsets in boxing history, and it occurred in a venue called the Madison Square Garden Bowl right here in Long Island City. The two fighters were Max Baer, the heavyweight champion of the world at that time, and James J. Braddock, a 10-1 underdog who two years prior was working the docks as a longshoreman.
72,000 people came out to LIC that day, to a location on [Read more…] about 80TH ANNIVERSARY OF THE BIG FIGHT IN LIC