Ship ahoy, Transmitter Brewing is setting sail for the Brooklyn Navy Yard. Begun in 2014 in a location under the Pulaski Bridge, the successful brewery requires a [Read more…] about TRANSMITTER BREWING LEAVING LONG ISLAND CITY FOR NAVY YARD
long island city
YOU’VE undoubtedly heard that condos in LIC are selling like hot cakes and Open Houses are jammed post-Amazon. There’s probably some hyperbole in there – that’s the news business (and real estate brokers) – and it’s important to remember any mention of tripling and quadrupling is off a very low base. Yet for all the obvious reasons purchasing property in Long Island City has become the topic du
jour month in NYC and worldwide.
Which is why I was attracted to a building in Astoria, which is located almost as far away from Long Island City as one can be in that adjacent neighborhood. The listing that caught my attention is [Read more…] about CONDO CRAZY IN LONG ISLAND CITY?
Since it cost a lot to win
And even more to lose
You and me bound to spend some time
Wondering what to choose
I have read the 32-page Memorandum of Understanding (MOU) between Amazon and NYC/NYS. I have read most of what others have written on the HQ2 deal and incentives. I am a financial analyst by training. Most importantly, I have lived in Long Island City for ten years and have closely tracked all that goes on here, both economically and non. Despite all these attributes [Read more…] about AMAZON HQ2 IN LONG ISLAND CITY, GOOD DEAL OR NOT?
Amazon has chosen Long Island City as one of the two locations for its second headquarters according to The New York Times. Crystal City, Virginia on the outskirts of DC will be the other. Each location is expected to add 25,000 workers over the next few years, and be transformed in the process.
What that transformation will look like for LIC and how it will proceed is unknown at this time, but it is believed that the state and Governor made many concessions and offered many incentives to lure the company.
We have been covering the possibility of this happening from the moment the initial bake-off was announced with 40 candidates. Obviously Amazon felt as we do that Long Island City was the primo location for being a part of NYC – the greatest city in the world – they just had to go through the whole process I guess. In addition to all the wonderful attributes of LIC, it also had the logistical advantage of being near Amazon’s biggest customer, my wife.
Amazon Plans to Split HQ2 in Two Locations – interestingly, when push came to shove they tossed that whole ‘affordability’ criteria right out the window by choosing NYC & DC
SO, the city made the announcement today that “Long Island City, New York City’s fastest-growing neighborhood, will get a $180 million infusion of capital to build and improve schools, streets and parks.” Before you get too excited note that $95 million of it will be spent on sewers, $60 million on a new school that had already been announced, $10 million on street improvements – all of which are necessary infrastructure for the fastest growing neighborhood in the U.S. That leaves $15 million for parks, so maybe a better headline is “City Allots $15 million for Long Island City Parks.” [Read more…] about $180 MILLION DEDICATED TO LIC BY NYC, WHY NO BRIDGE?