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More Million-Dollar Condos Hit the Market in Long Island City

By amol on July 25, 2015

Wednesday, July 22, 2015, by Zoe Rosenberg Name: Factory HouseAddress: 42-60 Crescent StreetDeveloper: Rising Developers GroupSize: ten stories, 37 unitsPrices: Available apartments priced from $670,000 to $1.35MArchitect: Rising Developers GroupSales and Marketing: Douglas Elliman The Long Island City condo competition got a little bit stiffer this week, as Factory House joins the gang of giant […]

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Garment-district tenant shifts operations to Long Island City

By amol on July 24, 2015

Photo: CoStar Group Inc. Faviana will be leaving 500 Seventh Ave. At least one apparel company in the evolving garment center is expanding—just not in the garment center. Faviana International Inc., a 17-year-old seller of prom and cocktail dresses, is moving the bulk of its operations to Long Island City, Queens. The fashion house is […]

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LIC Flea and Food: Eats, shopping, waterfront activities and more | am New York

By amol on July 24, 2015

Long Island City Flea and Food started three years ago, just off Queens Waterfront Park (although the park wasn’t even completed then). Now bustling, the flea market is open Saturday and Sunday in the spring and summer and offers a family-friendly day that can only be experienced in Queens. Dutch Kills Kloething Artist Eva Weiss […]

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Long Island City Business District Looks to Expand Into Hunters Point – Long …

By amol on July 23, 2015

The Long Island City BID may expand to include Vernon Boulevard, Jackson Avenue and 44th Drive. View Full Caption DNAinfo/Ewa Kern-Jedrychowska HUNTERS POINT — The Long Island City Business Improvement District is proposing an expansion to begin servicing commercial corridors near the neighborhood’s waterfront, including busy Vernon Boulevard. The BID, which is run by business advocacy […]

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Long Island City Business District Looks to Expand Into Hunters Point

By amol on July 22, 2015

The Long Island City BID may expand to include Vernon Boulevard, Jackson Avenue and 44th Drive. View Full Caption DNAinfo/Ewa Kern-Jedrychowska HUNTERS POINT — The Long Island City Business Improvement District is proposing an expansion to begin servicing commercial corridors near the neighborhood’s waterfront, including busy Vernon Boulevard. The BID, which is run by business advocacy […]

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More Million-Dollar Condos Hit the Market in Long Island City – Development Du …

By amol on July 22, 2015

Wednesday, July 22, 2015, by Zoe Rosenberg Name: Factory HouseAddress: 42-60 Crescent StreetDeveloper: Rising Developers GroupSize: ten stories, 37 unitsPrices: Available apartments priced from $670,000 to $1.35MArchitect: Rising Developers GroupSales and Marketing: Douglas Elliman The Long Island City condo competition got a little bit stiffer this week, as Factory House joins the gang of giant […]

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Airbnb renting vans down along water in Long Island City for $22 a night | New … – New York’s PIX11 / WPIX

By amol on July 22, 2015

LONG ISLAND CITY, Queens  — Chris Farley predicted it as motivational speaker Matt Foley on Saturday Night Live. Farley used to say that people would end up “Living in a van down by the river.” Now, thanks to Airbnb, people in New York are doing just that. It’s a way to experience the Manhattan skyline […]

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Garment-district tenant shifts operations to Long Island City | Crain’s New …

By amol on July 22, 2015

At least one apparel company in the evolving garment center is expanding—just not in the garment center. Faviana International Inc., a 17-year-old seller of prom and cocktail dresses, is moving the bulk of its operations to Long Island City, Queens. The fashion house is acquiring and renovating a 17,800-square-foot, two-story building at 31-10 Hunters Point […]

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Daniel Loeb Buys Stake in Long Island City Warehouse | FINalternatives

By amol on July 21, 2015

Third Point manager Daniel Loeb has purchased a stake in a 150,000-square-foot former warehouse with plans to refubish it into office space.  The three-story building, located in 30-02 48th Avenue in Long Island City, is set to receive a complete facelift, according to Crain’s.  Loeb and real-estate firm Brickman will reportedly spend several million dollars […]

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More Condos Planned for Long Island City | Co-op & Condo Boards | Habitat Magazine

By amol on July 21, 2015

CO-OP/CONDO BUYERS July 20, 2015 — No sooner does foundation work get underway at 25-19 43rd Avenue, in Long Island City, for a new nine-story, 86-unit condo building than New York YIMBY announces two new condo buildings heading to 51st Avenue. Condos do seem to proliferate like bunny rabbits, don’t they? According to New York […]

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Uber Holding Jobs Tour In Long Island City Amid Crackdown On Expansion « CBS …

By amol on July 21, 2015

NEW YORK (CBSNewYork) — Uber is kicking off a citywide jobs tour. The event will take place at Queensbridge Park in Long Island City beginning at noon Tuesday. Drivers interested in joining Uber will have a chance to learn about the company from hundreds of driver-partners and its general manager. But while the company plans […]

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Daniel Loeb Buys Stake in Long Island City Warehouse

By amol on July 20, 2015

Third Point manager Daniel Loeb has purchased a stake in a 150,000-square-foot former warehouse with plans to refubish it into office space.  The three-story building, located in 30-02 48th Avenue in Long Island City, is set to receive a complete facelift, according to Crain’s.  Loeb and real-estate firm Brickman will reportedly spend several million dollars […]

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More Condos Planned for Long Island City

By amol on July 20, 2015

CO-OP/CONDO BUYERS July 20, 2015 — No sooner does foundation work get underway at 25-19 43rd Avenue, in Long Island City, for a new nine-story, 86-unit condo building than New York YIMBY announces two new condo buildings heading to 51st Avenue. Condos do seem to proliferate like bunny rabbits, don’t they? According to New York […]

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Daniel Loeb buys a stake in Long Island City office building

By amol on July 19, 2015

Photo: CoStar Group Inc. Daniel Loeb has acquired a stake in a Long Island City building at 30-02 48th Ave. Hedge-fund heavyweight Daniel Loeb is betting on the Long Island City office market. Mr. Loeb has purchased a stake in 30-02 48th Ave., a 150,000-square-foot former warehouse property in the Queens neighborhood. He has partnered […]

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Citigroup Nets $143M For Long Island City Parcel

By amol on July 17, 2015

Financial services giant, Citigroup last week announced the sale of a site adjacent to the 50-story Citicorp Tower and Tower Two in Long Island City to Flushing-based developer CNG Realty – a move that will likely lead to development of the site as a massive mixed-use apartment complex, real estate sources said. Citigroup received  $143 […]

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Free High-Speed Internet Coming to Five Public Housing Developments

By amol on July 17, 2015

The Queensbridge Houses in Long Island City will be the first to receive free high-speed Internet under a city plan. View Full Caption DNAinfo/Jeanmarie Evelly THE BRONX — Five public housing developments in Brooklyn, The Bronx and Queens will receive free high-speed Internet service under a $10 million pilot project, Mayor Bill de Blasio announced […]

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Hedge fund titan Dan Loeb buys stake in LIC office building

By amol on July 17, 2015

Hedge fund titan Dan Loeb buys stake in LIC office building Third Point partnering with Brickman to refurbish former warehouse July 17, 2015 02:20PM 30-02 48th Avenue in Long Island City (credit: CoStar) (inset: Daniel Loeb) Hedge funder Daniel Loeb is going in on Long Island City’s emerging office market after buying a stake in […]

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Condos From $740K Gentrify New ‘Corner’ of Long Island City

By amol on July 17, 2015

Thursday, July 16, 2015, by Hana R. Alberts Name: The CornerAddress 47-28 11th StreetDeveloper: Kora Developers LLC and BK DevelopersSize: seven stories, 23 unitsPrices: Starting at $740,000Architect: ZproektSales and Marketing: Modern Spaces Please welcome to the dance floor The Corner, an apartment building inventively located on a corner (or, rather, spanning two) in Long Island […]

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Free High-Speed Internet Coming to Five Public Housing Developments – Long …

By amol on July 16, 2015

The Queensbridge Houses in Long Island City will be the first to receive free high-speed Internet under a city plan. View Full Caption DNAinfo/Jeanmarie Evelly THE BRONX — Five public housing developments in Brooklyn, The Bronx and Queens will receive free high-speed Internet service under a $10 million pilot project, Mayor Bill de Blasio announced […]

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Condos From $740K Gentrify New ‘Corner’ of Long Island City – Development Du …

By amol on July 16, 2015

Thursday, July 16, 2015, by Hana R. Alberts Name: The CornerAddress 47-28 11th StreetDeveloper: Kora Developers LLC and BK DevelopersSize: seven stories, 23 unitsPrices: Starting at $740,000Architect: ZproektSales and Marketing: Modern Spaces Please welcome to the dance floor The Corner, an apartment building inventively located on a corner (or, rather, spanning two) in Long Island […]

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