News

The old real estate gentrification trajectory was that artists moved into a a rundown and/or industrial, and definitely inexpensive neighborhood, fixed things up and created a community, only to eventually be priced out by wealthier non-artists hoping to have a little of that artistic funk bleed into their persona.  In the 21st century, where things move at the speed of light, that conversion from rundown/industrial to artistic to gentrified has been compressed into one step.  As soon as even a hint of any traction by artists to claim a neighborhood is  documented, [Read more…] about NEW YORK TIMES FINDS NEW DEMOGRAPHIC MOVING TO LIC

That’s right folks, less than one week after I broke the news about Queens most expensive condo, another seller comes along and crushes the previous record holder by 50%.  ONE WEEK!  The raw numbers equate to an asking price of over $2,500 a square foot.  I’ll leave it up to the readers to comment on the price and valuation of this particular apartment, but I think there was a much bigger story lurking behind the catchy headline above, which quietly dropped last week. [Read more…] about $5 MILLION APARTMENT FOR SALE IN LIC, BUT THAT’S NOT THE STORY

Though the buildings in Hunters Point South topped off several months ago, they have been left open to the elements due to an argument with their window supplier, according to The Wall Street Journal.  Apparently HPS’ developer tried to [Read more…] about HUNTERS POINT SOUTH DELAYED OVER WINDOW SPAT

The long awaited movie version of “The Catcher in the Rye” will begin shooting in Long Island City this June.  Martin Scorsese is slated to direct, and in his first-ever starring role on the big screen, [Read more…] about CATCHER IN THE RYE: THE MOVIE, TO BEGIN SHOOTING IN LIC

The above is what passes for news in LIC this week.  If I were more ambitious I’d pen one of a dozen ideas percolating about in my head.  Unfortunately I’m still recovering from Spring Break, as drinking a case of wine coolers every day for a week wreaks havoc, both physically and mentally, on my no longer teenaged system. [Read more…] about THE CLIFFS LIC FINALLY OPENS AND BLOCK PARTY COMING TO VERNON BOULEVARD