![]() |
| Photo by TF Cornerstone |
The rapidly developing N.Y.C. waterfront community that is being erected from the remains of what used to be an old Pepsi Cola bottling facility in Queens.
Long Island City or "LIC" is nested along the east river opposite to Midtown Manhattan. In LIC the rise to high rises, seems to be a trend at least in the eyes of developers such as the Rockrose and TF Cornerstone group. What used to be a 11 acre plot of land is now home to, 4 brand new rental apartment buildings with 3 more on the way by end of 2014. In a matter of 10 years a rise in population of about 30,000 people are speculated to inhabit the LIC area with more to follow as other developers are now catching on.
In literally just a blink of the eyes, a new floor is added to whichever building is in the works. Existing businesses are flourishing, new businesses are popping up and the need for more and more is ever growing. As a local resident to the area, I foresee that in about 10 years LIC will be the best new spot to live for those young professionals in Queens in search of somewhere close to the city and family.
Right now LIC in still industrial as a whole but with more and more developers investing in the area along with the rise of new businesses. LIC will one day be a refection of what midtown Manhattan is today. If you look at Williamsburg located in Brooklyn N.Y. you have almost the same situation but a bit more advanced. Interestingly enough instead of having the same flavor as LIC it instead mirrors a downtown Manhattan flavor.
All the buildings almost full occupancy, time is of the essence her ladies and gentlemen, and in my opinion as a "young professional" you may want to seriously think of locking yourself into something here before its to late or to expensive.
Best Local Realty
"As more development has taken place, people's confidence in the future of Long Island City has increased,"says Dan Miner, VP of LIC Partnership (courtesy of Daily News)
"Long Island City has transformed as a neighborhood. In the past few months real estate has been moving and inventory has been going very quickly. As soon as things go up in the market, they are gone." says Arlinda Dine, Modern spaces (courtesy of NY 1 News)
TF Cornerstone
Local Realty's:
NestSeekers
Modern Spaces
Sources:
Daily News
NY 1

No comments:
Post a Comment