By LAURA KUSISTO and DANNY GOLD
Long Island City’s coming of age has been much desired and long delayed. But development in the waterfront Queens neighborhood is gathering momentum, leading some to believe the area is finally making a large move forward.
A total of 4,500 new rental units in Long Island City are in the pipeline for completion by 2015, according to Nancy Packes, a consultant to large developers. That surpasses every neighborhood in the city except Williamsburg, according to Ms. Packes’s data.
Robbie Whelan/The Wall Street Journal
A TF Cornerstone residential project in Long Island City, Queens.
Many of those projects are already under construction,