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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

11/20/18
...-18 Jackson Avenue (Credit: Halstead) Buyer interest in Long Island City has spiked since the announcement that Amazon will build a new campus in the...

11/20/18
...Maps) Another developer is joining in on the Long Island City frenzy. Zhidong Wu is bringing a 58-unit residential building to 5 Court Square, or 25-...

11/19/18
...a deal to bring Amazon’s headquarters to Long Island City. De Blasio first proposed rezoning the industrial area of North Brooklyn three years ago...

11/19/18
...Fredrick Elghanayan and 55-01 2nd Street in Long Island City (Credit: TF Cornerstone and Google Maps) TF Cornerstone, which is developing a portion of...

11/19/18
...Flushing. And with Amazon’s official selection of Long Island City for half of its so-called HQ2, the appetite for large scale developments in Queens...

11/16/18
...would bring half of its second headquarters to Long Island City. Elsewhere, SL Green went into contract last month to sell its fee interest in...

11/16/18
...of the incentive-laden deal to bring Amazon to Long Island City. The mayor says that while he understands the angst and questions people have surrounding...

11/16/18
...Amazon announces plans to divide its HQ2 between Long Island City and Crystal City, WeWork secures a $3B investment from SoftBank, Berkshire Hathaway HomeServices plans...

11/16/18
...QPS Tower in Long Island City has 391 rental units There may be a market slowdown, but it’s still New...

11/15/18
...of jobs the e-commerce giant is bringing to Long Island City. RXR Realty's Scott Rechler acknowledged that “there's a ton of people pushing back against...

11/14/18
...Clockwise from left: Toby Moskovits, Long Island City, and Laurent Morali (Credit: jlwelsh via Flickr) Landlords were asleep at the wheel in...

11/14/18
...Jeff Bezos and a monopoly version of the Long Island City site (Credit: Getty Images and iStock) Plaxall isn’t completely handing over its large...

11/13/18
...the firm has listings throughout Brooklyn and in Long Island City...

11/13/18
...that its new HQ2 will be split between Long Island City in Queens and "National Landing," effectively a rebranding of Crystal City in Arlington, Virginia...

11/13/18
...Court Square office tower when it moves to Long Island City. The real estate company announced in a release that it entered a letter of...

11/13/18
...Clockwise from top left: Crystal City, Long Island City, Downtown Nashville, and Jeff Bezos (Credit: Wikipedia, Getty Images, and Nashville Guru) It's official...

11/12/18
...HQ2 will be split among the neighborhoods of Long Island City in Queens and Crystal City around Washington, D.C., the Wall Street Journal reported...

11/12/18
...on Nov. 8. Altice is moving its headquarters to Long Island City and wants to consolidate its five satellite offices in the 528,000-square-foot Bethpage building. Altice...

11/12/18
...on Nov. 8. Altice is moving its headquarters to Long Island City and wants to consolidate its five satellite offices in the 528,000-square-foot Bethpage building. Altice...

11/12/18
...-acre site around the Anable Basin on the Long Island City waterfront to pave the way for a sprawling office and mixed-use campus, Crain’s...

11/09/18
...to move part of its second headquarters to Long Island City. But there’s one benefit already on the table that could be worth up...

11/09/18
...and Linc LIC at 43-10 Crescent Street Though Long Island City’s residential building boom has been the source of some consternation, Amazon potential deal...

11/09/18
...Amazon’s HQ2 headquarters between Northern Virginia and Long Island City could transform the Queens neighborhood and draw more offices to the area if the...

11/08/18
...Long Island City has been the talk of the town — rather, New York City — since news broke...

11/08/18
...to discuss how Amazon’s potential move to Long Island City could impact the Queens neighborhood. Amazon is reportedly planning to split its long-anticipated second...

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...