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The Queens craze: Lower land costs trigger rush into borough
While focus right now is on rental construction, some say condo boom could be next
From the March issue: While Brooklyn has rapidly gentrified in the last decade and become the trendiest of the outer boroughs, it looks like Queens is going to be next. “The East River used to be the ‘widest river in the world,’ ” said Justin Elghanayan, president of Rockrose Development. “But something has shifted, and now crossing the river is accepted.” [more]