YIKES, it took less than a week for the tables to turn on local WeWork rival Knotel, or at least for the press to start snooping around and poking holes. According to a headline in Crain’s, Knotel is plagued by vacancies. Unfortunately the story is behind a firewall, but what is viewable is this:[Read more…] about Ranting, Raving, and Rithmetic in Long Island City
This morning Bisnow held their annual Long Island City/Queens Real Estate Event. No revelations were shared and most of the banter was just such, which this late in the economic cycle is not surprising. So we will use it as a jumping off point in regards to a trend in regards to Long Island City real estate that’s been occurring for a few years but has yet to be publicized.[Read more…] about The Waterfront Premium in Long Island City
THE critic has spoken and in so doing is probably just the start of what I expect to be a cavalcade of accolades for the Hunters Point Library. Now that it’s been completed, might its opening be the final piece that puts the LIC waterfront on the global stage? We already have the
iconic instagrammable Pepsi Sign, the Gantries, and of course the in-your-face views of Manhattan. Throw in a pair of ferry stops, MoMA PS1 and the intrigue fomented by Amazon and its rejection, and the library opening and subsequent frenzy becomes the pièce de résistance for hordes of tourists.
The Pepsi sign in Long Island City has spawned a corporate sidekick as JetBlue has had it’s trademarked calligraphy affixed to the structure along the waterfront. According to The Wall Street Journal the illuminated blue sign will stay there until October 1 and is part of a promotion whereby JetBlue is starting to serve Pepsi products aboard its flights.[Read more…] about Pepsi’s JetBlue Sign & More on Condos & Library in Long Island City
Any resemblance to a normal multi-section newspaper is purely coincidental
POLITICS – for quite some time the lights on the Empire State Building have gone dark to honor the victims in various mass shootings. Whether it be Pittsburgh or Parkland, Orlando or Vegas, San Bernardino or Charleston, the frequency of the shootings in recent years has programmed me to automatically make the link between seeing the darkened tower and whatever city the tragedy occurs. Monday night was the exception, when the owners decided to “rebroadcast” their “Gun Violence Awareness Day” orange lighting from just this past June, in sympathy with El Paso and Dayton. Hopefully it’s not the only exception made in regards to this issue.[Read more…] about Let’s Get Political Long Island City