A thousand reasons to love Long Island City. Tips: Editor@LICtalk.com
The East River came over the edge at Gantry Park yesterday morning, creating a small pool on the promenade just north of the final pier, as pictured above. Newsworthy? [Read more…] about GANTRY PARK FLOODS AND 80-STORY TOWER IN COURT SQUARE?
January is over, the days are getting longer and sometimes it’s now light out when I leave work. Who cares about some groundhog’s prediction, here in LIC we have our own harbinger of Spring: the fruit guy has re-appeared on 49th Avenue. Which given that it’s early February, is probably not a good sign for global warming. Nevertheless home-purchasing season is around the corner, so here’s an offering that comes with a real estate lesson.
In last week’s profile of The Editor in Brick Underground, I ran some numbers as to why the purchase of a townhouse in LIC, was a relative bargain versus Manhattan. Today, I will share an example of this. 10-49 49th Avenue is a centrally-located, newly-renovated, 6,000 square foot brownstone built in 1890. The asking price is $4.875 million, but it’s been on the market there since July, so I wouldn’t be surprised if a bid for $4.5 mil would make you the owner.
At that price, [Read more…] about THE TOWNHOUSE ECONOMICS OF LIC
Even Vernon Boulevard can’t fight the state of impermanence. A recent walk by the storefront of Delta Force Army & Navy revealed it’s formerly stuffed-to-the-gills/can’t-walk-in/probable-fire-hazard completely cleared out. This is not the first time this store seemingly vacated, having gone through a similar cleansing three years ago, only to magically reappear unmolested ((If you want to see something really magical, check out Google’s Street View of Delta Force Army & Navy. Clicking through shows the store fully open/stocked, but move the cursor a little one way or the other and you’ll see the windows ‘soap-washed’ as they were three years ago. This happens a lot in Street View. Gosh, for esoteric LIC stuff like this I really should charge for a premium membership to LICtalk)). Yet in assessing the situation, I and others can’t help but wonder how one forgoes (or pays) a minimum of $120,000 a year, at a conservative $10k a month, for so long? We’re talking a million dollars given the street-level inactivity of the retailer over the last 8 years!
At the other end of the spectrum, [Read more…] about Ch-ch-ch-ch-changes IN LIC
A new article written in a soccer publication, makes a well-thought-out case that Sunnyside Yards could be the optimal location to build a stadium for the NYCFC. That would be the NYC Football Club for the bulk of us not familiar with the acronym, but don’t let this new professional soccer team’s relative obscurity make you relegate the stadium idea as a lark.
That is because [Read more…] about SOCCER STADIUM TO ANCHOR SUNNYSIDE YARDS PROJECT?
We received a rumor from a reader that the parcel on Vernon Boulevard containing Costco has been sold, and that this branch will close next year. He goes on to say that [Read more…] about IS COSTCO LEAVING LONG ISLAND CITY?