A thousand reasons to love Long Island City. Tips: Editor@LICtalk.com
SKYLINE Tower is an easy comparison for the state of LIC’s residential real estate. Too easy, and anyone familiar with the nuances of the local scene know why it’s an outlier. Nevertheless, given it’s size and the scope of it’s audaciousness – 802 condo units offered at a significant premium per-square-foot to other new-builds in central LIC – it makes for interesting real estate porn fodder.
PLAXALL has closed down its plastics manufacturing business and is looking for new ideas for its existing space.
[Read more…] about Plaxall Closes Plastics Biz, What’s Next For The Space?
PENNY Bridge, a restaurant opened by chef Dan Kluger in January of 2021, will be closing its doors a week from today. Located at street level in the JACX building at the northern end of Jackson Avenue, the restaurant serves seasonal market-driven comfort food in a light, airy and high-ceilinged room.
[Read more…] about Penny Bridge Restaurant Closing Next Week
LAST week I received an email from a reader who shared that the rent on her 3-br was recently increased from $6,900 to $7,900 a month. ‘Interesting data point’ I thought whilst simultaneously calculating in my head its equating to a 14.5% boost and wondering ‘I’ve seen the recent “Highest NYC Rents Ever” headlines of the past month, but what other local semi-anecdotal data points are available out there?’
[Read more…] about Long Island City Rents & Other Real Estate Stuff
FIVE million dollars, that’s all it takes to be The King of LIC. In Manhattan $5mil is chump change, but here it takes you straight to the top. The apartment in question, surprisingly enough, is not located in The View along the waterfront. Nor even in the flashy new Skyline Tower. Nope, this one is a combined unit in the Arris Lofts, heretofore known for its expansive yet reasonably priced units in an out-there location on Thomson Avenue. These days it’s not so out-there, and thus no longer so reasonable. But the apartment is a beaut, so it’ll be interesting to see if anyone bites near the asking to own what would be the most expensive condo ever sold in LIC…
[Read more…] about $5 Million Dollar LIC Condo Hits The Market