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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

04/21/17
...on Queens' tallest skyscraper, a 79-story tower in Long Island City. Other projects in the pipeline for George include an 88-unit Jamaica building with a...

04/20/17
...across the street from its rental complex in Long Island City. The proposed building at 43-12 Hunter Street would feature 123 units across 86,560 square feet, according...

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...

04/11/17
...Gale Sotheby's International Realty 5-43 48th Avenue in Long Island City 4. 5-43 48th Avenue Neighborhood: Long Island City Price: $3.2 million Building: Solarium Unit: 8B Size...

04/07/17
...sold two large warehouses in Clinton Hill and Long Island City for $161 million and $195 million respectively...

04/07/17
...for 182 condominiums at the upcoming Star Tower in Long Island City, filings with New York State Attorney General's office show. The developer is targeting a...

04/07/17
...filed plans last month for 71 condo units in Long Island City. The 74,805-square-foot building will also feature three ground-floor retail spaces, as well as a...

04/05/17
...QPS in Long Island City, Howard Lorber and Kevin Maloney (Credit: Getty Images) Property Markets Group, in partnership with...

04/04/17
...went into effect in December. 4) 42-01 28th Street, Long Island City, $305 million Lender: Northwestern Mutual Life Insurance Company, Great-West Life Assurance Company and Canada Life...

04/03/17
...failure to develop the Clock Tower site in Long Island City cost him a share of agreed-upon profits. Zackson claims he helped put together the...

03/28/17
...Capital's David Feldman and 22-43 Jackson Avenue in Long Island City The Feldman family's Circle F Capital filed plans for an 11-story, mixed-use building in...

03/28/17
...will soon expand its Packard Square portfolio in Long Island City, adding a fourth building to its already lucrative properties there. The three existing buildings...

03/24/17
...trillion to spend on real estate globally. Residential Long Island City snapshot | LIC Partnership Long Island City this year saw $2.1 billion in invest sales over...

03/21/17
...Related Companies signed its first tenant at its Long Island City development the Point, with VaynerMedia taking 43,000 square feet at the Blanchard Building. The digital...

03/17/17
...All the new units are planned for either Long Island City or Flushing, with 121 units designated for the former and 56 for the latter. That’s...

03/17/17
...scaffolding and thus delaying the construction progress. In Long Island City, Ekstein is wrapping construction on the Dutch, an 86-unit condo at 25-19 43rd Avenue...

03/16/17
...warehouse in the Queens Plaza North section of Long Island City for $27 million. The Midtown-based development firm picked up the four-story warehouse at 30-12 41st...

03/14/17
...a 35-unit walk-up at 34-26 41st Street in Long Island City for $12.2 million. The seller of the four-story building, John Hachmann, owned the building since...

03/10/17
...LLC 46-30 Center Boulevard 46-30 Center Boulevard 1211 Neighborhood: Long Island City Price: $2.8 million Size: 1,459 square feet Built: 2009 Agents: Jonna Stark and Jun Qian of Halstead...

02/24/17
...a wedding venue in a city-owned property in Long Island City. City Hall became involved in lease negotiations in 2014 and 2015. In the midst of negotiations...

02/23/17
...square feet across five stories. Alma Realty, a Long Island City...

02/23/17
...then Tishman Speyer's 28-10 Queens Plaza South in Long Island City, at a planned 1.1 million square feet. Last year saw a modest increase in the...

02/20/17
...February issue:  The former industrial hub-turned-development mecca of Long Island City continues to be ground zero for real estate projects in Queens. Like its neighbor...

02/17/17
...the Falchi Building, a 658,000-square-foot office building in Long Island City. In the fourth quarter of 2016, prices in Queens jumped and inventory fell. The median...

02/09/17
...refinance its 22-story office building 2 Gotham Center in Long Island City. The financing comes from Northwestern Mutual Life Insurance Company, Great-West Life Assurance Company and...

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...

...of its own real estate renaissance, especially in Long Island City, where thousands of new units are being built. Already hundreds of new luxury waterfront...
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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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