THE New York Times published an article in the real estate section this Sunday about city folk moving to the suburbs in light of coronavirus. That’s pretty standard fare and unlike the pandemic itself a story like this comes as zero surprise, as do the basic anecdotes and rationales of those fleeing. Nevertheless it spurred me to write down my predictions for what effect the virus will have on Long Island City real estate, a subject I’ve been mulling over since the shutdown began.[Read more…] about What Does The Coronavirus Mean For LIC Real Estate?
SO, a prospective proposal from the group of developers putting together the Anable Basin LIC Waterfront Master Plan was leaked yesterday in an article in the local news sight Patch. The main rendering accompanying the story shows a whole slew of densely-packed massive towers including one that could potentially be 76-stories high.[Read more…] about Long Island City Waterfront Master Plan Proposal Leaked
LONG Island City is undergoing a major transition, as it recovers from Mardi Gras and prepares for St. Patty’s Day. A week in the change hasn’t been too onerous on me, as I’ve given up broccoli for lent. Plus the days are getting longer and the weather is moderating as it usually does in winter’s finale. So please no coronavirus blah blah blah.
Making life even sweeter in LIC, is a real estate article in The Wall Street Journal affirming why this neighborhood is the best to live in in the 21st century:[Read more…] about Views, Water, Time: The Luxury Of LIC Real Estate
So ‘what do you think of the just-released Sunnyside Yards Plan?’ asked no one in particular. ‘However,’ as the foremost authority on this topic, I’ll share my thoughts, but first the salient details.[Read more…] about Sunnyside Yards Plan Released With Vague Commitment
A one million square foot office tower will be part of the LIC Waterfront Master Plan according to Tom Elghanayan, the co-founder of TF Cornerstone. This is the first salient detail revealed about what the developers are contemplating for the 28-acre assemblage, and is an indication they are open to compiling a whole new playbook for the area. I say contemplating because they are still in the process of gathering community input prior to putting forth their initial proposal.[Read more…] about 1-Million Square Foot Office Tower To Be Part Of LIC Waterfront Plan