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Long Island City

Long Island City
Long Island City, NY 11101

Long Island City, or LIC, is a neighborhood in western Queens with waterfront on the East River. It is bounded by Hazen Street, 49th Street, New Calvary Cemetery, and Newtown Creek. The neighborhood contains the eastern terminus of the Queensboro Bridge, also known as the 59th Street Bridge, and the Queensbridge Houses, a massive government-subsidized housing complex controlled by the New York City Housing Authority. The formerly industrial waterfront area of LIC has become the site of redevelopment into luxury residential condominium and rental buildings. These include the Linc LIC and One Murray Park. Property Markets Group and the Hakim Organization are in the process of developing the 914-foot-tall residential building, dubbed, Queens Plaza Park, scheduled for completion after 2018. LIC is home to the tallest office building of the outer boroughs, One Court Square, also known as the Citigroup Building. -TA

  • Address Long Island City
  • neighborhood Long Island City
  • borough Queens

05/24/18
...firm and has continued to operate her own Long Island City...

05/18/18
...land, which is sandwiched between Midtown Manhattan and Long Island City on the East River. That was 1996, a year after Kramer joined Hudson Companies. In...

05/16/18
...-06 28th Street Talk about aspirational pricing: A Long Island City townhouse that's hitting the market is asking $5.5 million. That's $1.5 million higher than the neighborhood's...

05/15/18
...worth $1.5 billion, and an eight-acre site on the Long Island City waterfront that could fetch $480 million. – Rich Bockmann...

05/14/18
...th Street, just a block away from another Long Island City property the hotelier acquired last year. Chang’s McSam Hotel Group filed permits for...

05/14/18
...on the East Side and one on the Long Island City waterfront. NYC Ferry boatxx 9:30 a.m. I am probably in a meeting on a...

05/14/18
...the place up generally.” The foundry relocated to Long Island City around that time. Joseph had branched into development by way of the Ravitch Brothers...

05/10/18
...East of East at 13-14 Jackson Avenue in Long Island City with several partners. The late New York Daily News reporter Jason Sheftell called the...

05/09/18
...Hager, crossed into Queens to buy a 50,000-square-foot Long Island City warehouse for just shy of $20 million. But while reviewing the deal’s terms, Hager...

05/07/18
...Neck at No. 5 and one Queens loan in Long Island City at No. 10, closing out the list. The largest loan of the month was for...

05/04/18
...Modern Spaces has a particularly strong presence in Long Island City, where Benaim said concessions were higher in the fall in part because several projects...

05/04/18
...master plan for the 180-acre site, located between Long Island City and Sunnyside. Most decisions on this plan will not be released until after 2021. – Eddie...

05/04/18
...that, he told reporters at an event in Long Island City, “We’ve had a Democrat majority, it wasn’t extraordinarily successful.” There’s still...

05/03/18
...lot  and is trying to sell the 44-story Long Island City rental tower 1 QPS. JLL’s Jeffrey Davis has been marketing the Plaza to potential...

05/03/18
...last year for a 182-unit condo building in Long Island City at the Star Tower, where they are targeting a $253.3 million sellout. This makes it...

05/03/18
...branches of the company to its portfolio: the Long Island City office at 47-36 Vernon Boulevard, which has 18 agents and one administrator, and the Brooklyn...

...the place up generally.” The foundry relocated to Long Island City around that time. Joseph had branched into development by way of the Ravitch Brothers...

...on the East Side and one on the Long Island City waterfront. NYC Ferry boatxx 9:30 a.m. I am probably in a meeting on a...

...East of East at 13-14 Jackson Avenue in Long Island City with several partners. The late New York Daily News reporter Jason Sheftell called the...

...land, which is sandwiched between Midtown Manhattan and Long Island City on the East River. That was 1996, a year after Kramer joined Hudson Companies. In...

...Hager, crossed into Queens to buy a 50,000-square-foot Long Island City warehouse for just shy of $20 million. But while reviewing the deal’s terms, Hager...

...that, he told reporters at an event in Long Island City, “We’ve had a Democrat majority, it wasn’t extraordinarily successful.” There’s still...

05/01/18
...the top spot with its $60 million purchase of Long Island City’s Hilton Garden Inn. Sales of residential buildings dominated the Bronx’s largest deals...

04/30/18
...Industrial lubricant manufacturer Black Bear Company sold its Long Island City location for $12 million. The property, at 27-10 Hunters Point Avenue near the Long Island...

04/30/18
...Avenue and 55-15 Grand Avenue (Credit: Google Maps) Long Island City’s hotel market was strong enough to account for the largest deal of the...

04/13/17
...while the office markets in Downtown Brooklyn and Long Island City increased 46 percent and 58 percent respectively. Read the full report here...

01/26/17
...in 2016. The average price of a condo in Long Island City increased 25 percent while the average price of a studio in Flushing increased 37 percent between...

12/29/16
...was tapped to work on two projects in Long Island City this year. One is Chris Jiashu Xu's proposed 79-story, 779,958-square-foot residential tower at 23-...

october-office-feature
11/29/16
...because a lot of tenants are going to Long Island City,” Catherine O’Toole , of Coldwell Banker Commercial Alliance, said. Meanwhile, Downtown leasing fell by...

10/10/16
...plans to build a 50-story, 260,857-square-foot hotel in Long Island City. The proposed hotel will have 1,260 rooms. The company purchased six separate parcels that make...

09/28/16
...in renovations for the 342,000-square-foot commercial building in Long Island City. An Eastdil Secured team led by Adam Spies and Doug Harmon brokered the sale...

09/22/16
...at Savanna’s One Court Square tower in Long Island City. The department will sublease two floors from Citigroup, the company that occupies the majority...

07/11/16
...From left: 28-10 Jackson Avenue in Long Island City and 270 Richards Street in Red Hook Most of the city's large-scale real estate developments...

...receiving the 421a benefit and four buildings in Long Island City that owed no property tax at all, together saving TF Cornerstone tens of millions...

01/12/16
...substantiated,” according to vice chair Gus Field. Brooklyn, Long Island City and Hudson Yards are becoming increasingly viable options for tenants and landlords alike, he...

01/12/16
...less expensive than November's most priciest home. A Long Island City condo in The View Condominiums On Center Boulevard sold for $2.3 million. A two-story home...

01/08/16
...surrounding large megadevelopments like Hunter's Point South in Long Island City. It's not yet the same story in the Bronx, where the number of salespeople...

01/05/16
...H&R Real Estate Investment Trust for Long Island City, which consists of 1,789 rental units across three towers at 28-34 Jackson Avenue, 28-10 Jackson...

12/24/15
...in Midtown East and Queens Park Plaza in Long Island City Though new Manhattan developments were the heaviest hitters in terms of size this year...

12/07/15
...from a scaffolding supplier in where else but Long Island City at 37-17 12th Street. Commercial filings on the month went a bit beyond the...

...that Uber has an older office space in Long Island City. (Click to enlarge) The news-entertainment website BuzzFeed signed the biggest office lease among the...

09/15/15
...restaurants and other amenities drawing new renters to Long Island City. “The attraction of new residents is a direct reflection of its abundance of resources...

09/02/15
...mid-rise hotels along the industrial margins of the Long Island City central business district, an area already thick with skyscraper glass. Now they're marching further...

...mega-projects set to rise along the Queens waterfront. Long Island City and Astoria alone are preparing for an influx of nearly 30,000 — yes, 30,000, you read that...

08/04/15
...for 175 rooms at 12-02 37th Avenue in northern Long Island City will test the potential for visitors in an area dotted by auto repair shops...

07/07/15
...will break ground at 5-43 46th Avenue in Long Island City, where CRE Development plans to construct a 296-unit tower. Those two buildings push Queens...

...the acquisition of two Lightstone Group projects in Long Island City and Gowanus. Kasra Sanandaji spearheaded acquisitions on those projects. Lightstone's Meir Milgraum's age was...

...sold the office building 37-18 Northern Boulevard in Long Island City for $110 million. The Queens-focused Pinnacle Realty of New York and Marcus & Millichap took...

...North and the 88-unit No. 3 Packard Square in Long Island City. After Finn left, Citi Habitats partnered with Corcoran Sunshine on its remaining projects, and...

...From left: Studio Square in Long Island City and the Standard Motors Building, also in Long Island City After Manhattan and Brooklyn...
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Halstead Property Development Marketing
...per square for closed new condominium sales in Long Island City climbed 49 percent from 2010 to 2015. New development projects averaged $1,032 per square foot last year. View...

Streeteasy
...Manhattan’s overall median rent. Although rent in Long Island City remained 11 percent less than Manhattan’s median rent, prices were comparable to Gowanus, Manhattan...

...averaged $2,065.02, a 1.9 percent increase from June. Astoria and Long Island City accounted for 70 percent of the borough's listing inventory. View the full report online here...

...an apartment was $2,074, a 0.26 percent decline from April. Long Island City and Astoria accounted for 73 percent of the borough’s total inventory. View the full...

...Condominium sales in Long Island City broke the $1,000 per square foot mark in Q1 of 2015, and the price for a...

...average rental price in the area, which includes Long Island City and Astoria, remained at $2,600. View the full report online here...
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