“Everyone has a plan till they get punched in the face” -Mike Tyson
When in doubt, lead with real estate is a good recipe for consistency in LIC, or at least consistently churning out copy. Earlier in the week I noticed a post in The Court Square Blog showing a huge tower in Court Square beginning to rise. At completion it will be 67-floors and contain 802 condo units. Originally slated to be close to 1,000 feet tall and ~80 stories it was cut down to its current size by the FAA.
Lo and behold at a Bisnow real estate conference about Long Island City this morning, Eric Benaim the CEO of Modern Spaces stated that the units would go on sale in mid-March and the expectation was that they would all be sold over a 4-year period. Which leaves the only question: at what price?
That is the
million billion dollar question, and [Read more…] about LIC REAL ESTATE MANTRA: ABSORPTION, ABSORPTION, ABSORPTION