Long Island City

December 11, 2018

How New York won Amazon: See the official proposals for each NYC neighborhood

City and state officials lured Amazon to open its new office complex in New York with an extensive pitch, complete with four suggested neighborhoods and the promise of prime real estate, according to documents released by the city's economic development corporation on Monday. In exchange for 25,000 new jobs, Gov. Andrew Cuomo and Mayor Bill de Blasio are offering Amazon nearly $3 billion in incentives and grants. And while last month Amazon selected the Queens neighborhood of Long Island City as its new home, officials had proposed bringing Amazon's campus to the Farley Building, 3 World Trade Center, Brooklyn Height's Watchtower building, Bjarke Ingels' The Spiral, and even Governors Island.
See the full pitch
December 7, 2018

New renderings of 1,100-unit Hunter’s Point South project in Long Island City

New renderings were released this week of the one million square foot development coming to the Long Island City's Hunter's Point South neighborhood. Designed by Handel Architects, the complex features two high-rise towers, retail, and community space. Notably, the project is expected to bring 1,100 new residential units, with 80 percent of them permanently affordable. The complex sits less than a mile from the planned office complex of Amazon, which chose the Queens neighborhood last month for its new home. As CityRealty reported, the two towers will rise 57 and 33 floors, with the taller of the two reaching 600 feet high, which would make it the tallest building on the waterfront.
See the LIC project
December 6, 2018

Poll shows a majority of New Yorkers approve of Amazon’s move to Queens

A majority of New Yorkers approve of Amazon moving to Long Island City despite opposition from Queens activists and politicians, according to a Quinnipiac University poll released Wednesday. Fifty-seven percent of all respondents said they support the company's plan to build a waterfront office complex in Queens, with 26 percent disproving. And approval among Queens residents is even higher, with 60 percent supporting the deal. But the poll did find a more divided opinion about the potential $3 billion in public incentives and grants offered to Amazon by the city and state, with 46 percent approving of the subsidies and 44 percent disapproving.
More here
December 4, 2018

Queens senator wants to crack down on real estate ‘insider trading’ following Amazon deal

State Sen. Michael Gianaris announced on Tuesday plans to draft legislation aimed at cracking down on insider dealing in real estate. The proposed law comes after a report in the Wall Street Journal found Amazon employees were buying condos in Long Island City before the company had publicly announced plans to build their second headquarters in the neighborhood. The legislation would prohibit anyone from using confidential government information to buy or sell real estate, according to Gianaris.
Find out more
November 30, 2018

NYC Council to grill city leaders on Amazon deal

Citing concerns about the closed-door deal that drove Amazon to choose Long Island City as home for its second headquarters, the New York City Council announced it will host three hearings to question both city leaders and company exeuctives. Council Speaker Corey Johnson said the first hearing will take place on Dec. 12 to look at how the deal happened, as the Wall Street Journal reported on Thursday. "One of the major perversions of this is that was all done behind closed doors, with nondisclosure agreements, and without the public or elected officials who weren't including feeling like they had any say," Johnson told the WSJ.
Get the details
November 29, 2018

Most expensive condo listing in Queens gets price cut despite Amazon announcement

While real estate prices are expected to rise in Long Island City and the surrounding area due to Amazon's impending move to the neighborhood, one listing has lowered its price. The most expensive apartment in the borough of Queens, located at 46-30 Center Boulevard, is on the market again, the New York Post reported. The penthouse, which sits just north of the Pepsi-Cola sign, is asking $3.65 million, less than the $4.25 million it was listed for in 2017. Soon after Amazon announced their move to Long Island City, interest in the neighborhood surged. As 6sqft previously reported, searches for residential apartments in the neighborhood are up 281 percent compared to the daily averages prior to the Amazon news.
Take a tour
November 29, 2018

Where I Work: See how Stickbulb’s first-ever showroom is lighting up Long Island City

Before opening their first showroom, sustainable lighting brand Stickbulb had just one wire rack of shelving and one workbench, with their supplies spilling out into the communal areas of their building. They desperately needed more space. The company found it this year in a 10,000-square-foot former steel factory in Long Island City. With its terracotta walls and wooden floors, not only does the new space aptly complement Stickbulb’s modern LED light fixtures, but the former factory gives them enough room to show off how their products are made and the people who make them. Sustainability remains a core mission for Stickbulb, which was founded six years ago by Russell Greenberg and Chris Beardsley, the creative team behind RUX Design. Using salvaged wood from demolished buildings and dismantled water towers, Stickbulb products always have a story to tell. "The idea is that the customer can trace back the wood that they have in their light fixture back to the original building it was a part of," Russell told us during a recent visit to the company's showroom. Ahead, take a tour of Stickbulb's new space and hear from Russell and Chris on starting the studio, the process behind finding reclaimed wood, and the bright future of the growing company.
See inside
November 26, 2018

Long Island City advocates want to obtain a city-owned building before Amazon takes over

Long Island City advocates are requesting ownership of a city-owned building that sits on land soon to be developed by Amazon for its second headquarters, as the Wall Street Journal first reported. The sprawling, block-long structure at 44-36 Vernon Boulevard currently houses offices related to the city's Department of Education along with over 1,000 staff members. For the past three years, local residents have asked for the building to be turned into a community facility. With all eyes on Long Island City due to Amazon's impending move there, advocates believe this is their last chance for the community to take over the property.
More this way
November 16, 2018

Plan for 1,500 units of affordable housing in LIC at risk as Amazon gets ready to move there

A plan to create 1,500 units of affordable housing in the Anable Basin area of Long Island City will most likely be scrapped, as Amazon prepares to open its headquarters on that same land, Politico reported. Amazon announced this week plans to bring its second headquarters to the Queens neighborhood on land currently owned by plastics company Plaxall, as well as some parcels owned by New York City. Previous plans from Plaxall and the city, who hired developer TF Cornerstone to build a mixed-use campus at the site, called for 1,250 and 250 units of affordable housing, respectively. But an Amazon spokesperson told Politico there will be no housing at its new complex.
Amazon in, affordable housing out
November 15, 2018

Residential interest in Long Island City surges 300% after Amazon’s HQ2 announcement

Amazon’s decision to divide its second headquarters between Long Island City and Arlington, Virginia was confirmed on Tuesday, bringing with it questions about how the neighborhoods will withstand the influx of 25,000 new workers each. According to a new study from RENTCafé, LIC already has an occupancy rate of 98.2% and about 15,400 units currently either under construction or in a planning phase, so Amazon’s announcement is sure to add fuel to an already bustling market. In fact, according to listings site CityRealty, searches for residential apartments in the neighborhood are up 281% compared to the daily averages prior to the announcement.
Get the scoop
November 13, 2018

Despite city-wide ban, Amazon wants to put a rooftop helipad on its NYC HQ

On the heels of news that Amazon has chosen Long Island City, Queens for one of its two new headquarters, making the promise of 25,000 new jobs a hopefully-someday reality, comes the fine print request that the company would like a helipad for its new East River waterfront HQ, please. Slate reports that the request appears deep in a 32-page memorandum of understanding with the city and state.
Rooftop helipads have been banned since 9/11
November 13, 2018

See the waterfront site in Long Island City where Amazon will bring its new mixed-use campus

Amazon officially announced on Tuesday its plan to bring its second headquarters to Long Island City, following a 14-month long contest among hundreds of cities across the country. The company will also open a second new headquarters in Arlington, Virginia, with each location expected to house 25,000 new employees; Nashville will become home to Amazon's "Operations Center of Excellence," equipped for 5,000 full-time jobs. In Queens, Amazon intends to construct the mixed-use complex across both public and private sites that sit along the East River, in an area known as Anable Basin. Although the HQ2 project still must undergo a public and environmental review, as well as a possible rezoning, the tech company said it will receive over $1.7 billion in incentives from New York State for its project, which is expected to cost over $3.6 billion, and has the potential for another $1.3 billion "as-of-right" benefits from New York City.
More this way
November 12, 2018

A move to Long Island City could allow Amazon to reap nearly $1B in city tax breaks

The state of New York is keeping the incentives it used to woo Amazon under wraps, but even without those benefits, an existing tax program could work in Amazon's favor -- to the tune of almost $1 billion. After a highly publicized search, the tech giant is nearing a deal to locate half of its new headquarters in Long Island City. And as The Real Deal explains, that move means Amazon will qualify for the city’s Relocation and Employment Assistance Program (REAP), which offers employers a $3,000 credit per employee per year for 12 years if they move their business into the outer boroughs and certain parts of Upper Manhattan. With Amazon’s projected workforce of 25,000, that would mean a total credit of $900 million.
Get the scoop
November 8, 2018

New housing lottery in Long Island City misses the ‘affordable’ mark

With speculation about Amazon's chosen HQ2 cities landing on Long Island City this week, the questions of transportation and affordability in the neighborhood have come to the forefront. And a new affordable housing lottery in the area does not look good for the latter. As of tomorrow, New Yorkers earning 130 percent of the area median income can apply for 10 units at the newly constructed, mixed-use rental 40-05 Crescent Street. Located on the border of Astoria, the building houses 32 rentals, an underground parking garage, and two floors of manufacturing space. The "affordable" units range from $2,125/month studios to $2,741/month two-bedrooms.
See what the qualifications are
November 7, 2018

Amazon looking at proposed Anable Basin mixed-use site for new home in Long Island City

With Amazon nearing a deal to make Long Island City home to its second headquarters, a big question remains: Where in the Queens neighborhood will the tech-giant house its 25,000 employees? One possible location sits within a waterfront area known as Anable Basin, named for a 150-year-old inlet, sources familiar with the plan told Politico New York. As 6sqft reported last November, the family-owned plastics company Plaxall, who owns the site, proposed a massive rezoning of the area that would allow for 335,000 square feet for industrial spaces, nearly 5,000 housing units, and a new public school.
More here
November 6, 2018

Amazon’s HQ2 could be headed to Long Island City

Amazon is close to naming Long Island City home to its second headquarters, following a competitive, yearlong search by the tech giant. The company is reportedly splitting "HQ2" between two locations, with the other being Crystal City, Virginia, a suburb outside of Washington, D.C, according to the New York Times. The news comes less than a week after New York City announced plans to invest $180 million in the infrastructure of the evolving Queens neighborhood.
Get the details
October 31, 2018

City plans to invest $180M in Long Island City infrastructure

Yesterday the de Blasio Administration released the Long Island City Investment Strategy, an effort by the city to support sustainable growth in the waterfront neighborhood. Following an upzoning in 2001, the area has seen incredible transformation in the form of thousands of new apartments and waterfront towers. The city admits that the reason behind its strategy is such rapid development, which has strained neighborhood resources and the quality of life of residents. $180 million is designated for the area, which is on top of $2.2 billion the city says its already invested over the years. "We are investing $180 million in Long Island City to address the needs of today while preparing for a more sustainable future." Mayor de Blasio stated in a press release.
Where will the money go?
October 26, 2018

Long Island City’s Skyline Tower will be the first billion-dollar condo in Queens

Skyline Tower at 23-15 44th Drive in Long Island City, Queens, just got approved to begin sales, with a marketing plan that estimates a $1.088 billion sellout price, making the 66-story condominium the first in the borough to break the one billion mark, Bloomberg reports. The milestone isn't the only superlative for the building, formerly known as Court Square City View. The 778-foot tower is on a course to become the borough's tallest building.
Find out more
October 1, 2018

LIC group wants to rename Hunter’s Point South Park to make it more recognizable citywide

A Long Island City parks group wants to change the name of Hunter's Point South Park, a waterfront green space in the Queens neighborhood, the LIC Post reported on Thursday. The Hunters Point Parks Conservancy, a nonprofit organization that manages the 11-acre park, says despite being a "gem of Queens," the park does not have "the city-wide recognition it deserves."
More here
September 12, 2018

Public waterfront space to be part of massive Long Island City Innovation Center project

Developer TF Cornerstone has released new details about public open space slated to be part of the proposed project spanning over 1.5 million square feet at 44th Drive on city-owned land along the Long Island City waterfront, LICpost reports. Known as the Long Island City Innovation Center, the proposed massive city-led development, which will need zoning changes in order to move forward, includes office, retail, and manufacturing space and two high-rise residential towers with over 1,000 units, 25 percent of which would be affordable. The latest news concerns the acre of publicly accessible open space that is also part of the controversial development. According to TF Cornerstone, this open space will become a waterfront park with a focus on resiliency and sustainability.
Find out more
August 31, 2018

Apply for three middle-income units right off the 7 train in prime Long Island City

Away from the hustle and bustle of Court Square, the area of Long Island City around the Vernon Boulevard-Jackson Avenue subway stop is the perfect combination of the neighborhood's industrial past and current, amenity-filled reincarnation. Near hip spots like the Alewife Taproom, Tuk Tuk Thai restaurant, and Fifth Hammer Brewing Company, a middle-income housing lottery has just opened for three units at 10-44 Jackson Avenue. Reserved for households earning 130 percent of the area median income, there is one $2,201/month studio and two $2,320/month one-bedrooms. In addition to being close to plenty of food and drink options, this new 10-unit rental is less than a block away from the 7 train and a short walk to the newly opened Hunters Point South Park.
See the income requirements
August 21, 2018

My 5,400sqft: Inside father and finance pro Stephen Fox’s sprawling Long Island City condo

No, that's not a typo. Stephen Fox’s home really measures 5,400 square feet. And slightly more than half of that space comes in the form of two terraces--a lower one equipped with a grill and dining area and a huge rooftop area with more room to play and entertain than some city parks. Both spaces boast views of the Manhattan skyline, as well as a front-row seat to the ever-evolving Queens neighborhood of Long Island City. After first purchasing a unit in the building, a former 19th-century factory, in 2006, Stephen and his wife Julie later snagged a larger apartment. The couple, who both work in finance, then bought the unit next door, combining them to make for an even more palatial home. They now share the light-filled space with their two children, three-year-old Mason and two-year-old Logan. Stephen recently gave 6sqft a tour of his home, shared what it was like to settle down in LIC, and told us how he's seen the neighborhood change over the last decade.
Take a look around
July 24, 2018

Astoria is getting a new food hall with outer-borough vendors

A new food hall is coming to the Astoria-Long Island City border in Queens, the Commercial Observer reported on Tuesday. Developer Vass Stevens Group is in the process of converting a former print shop, dollar store and restaurant supply store at 34-39 31st Street into a retail space with eight 2,000-square-foot storefronts. The interiors of the single-story building have been demolished and renovations, which will add new glass storefronts and doors, are set to begin soon.
Get the details
July 20, 2018

Yet another tall tower is headed for Long Island City

42-50 24th Street rendering via Dynamic Star Long Island City has been fertile ground for new skyscrapers for over a decade–and the biggest additions are still yet to come. Despite concerns over an apartment glut, developers are racing to send 60- and 70- story towers skyward, including the Durst Organization's Queens Plaza Park, United Construction's Court Square City View Tower, and Stawksi Partners' 43-30 24th Street. A newcomer to this party is a mixed-use tower from Dynamic-Hakim and Property Markets Group (PMG) set to rise at 42-50 24th Street, CityRealty reports.
Find out more
July 9, 2018

Despite 200-foot height cut, 67-story tower in Long Island City will still be Queens’ tallest

The soaring condo tower planned for Long Island City's Court Square shrunk in height this week, dropping from a proposed 984-foot tower to 778 feet, Curbed NY reported. This isn't the first height fluctuation for the building, dubbed the Court Square City View. Developer Chris Xu proposed a 964-foot tower in 2016, bumped it to supertall status at 984 feet in 2017 and now, according to the WSJ, the tower will rise just under 780 feet. Despite reducing in height by more than 200 feet, the tower will still be the tallest building in Queens upon completion.
Find out more
June 29, 2018

MoMA PS1 unveils interactive exhibit of moving mirrors for its summer music series

Photo by Pablo Enriquez In MoMA PS1's temporary exhibit at its sprawling outdoor courtyard in Long Island City, people become the art. Hide & Seek, created by Jennifer Newsom and Tom Carruthers of Dream The Combine, features moveable mirrors that offer surprising and dislocating perspectives of the courtyard and the crowd looking into them. Newsome and Carruthers were named the winners of the 2018 Young Architects Program, which challenges emerging architects to design a creative, sustainable outdoor installation. Hide & Seek will be on view at MoMA PS1 between June 28 and September 3.
See the exhibit
June 27, 2018

PHOTOS: Phase two of Hunter’s Point South Park officially opens on the LIC waterfront

Photo © 6sqft The Hunter's Point South Park extension officially opened Wednesday, over three years after construction began at the Long Island City site. The second phase adds 5.5 acres south to the existing park, which currently has a basketball court, playground, two dog-runs, and a volleyball sand pit. The city's Economic Development Corporation and Department of Parks and Recreation developed the project, which measures 11-acres from 50th Avenue to Newton Creek on the East River. At the ribbon-cutting ceremony, local officials and community members gathered to celebrate the project's opening. "This is a beautiful park," State Sen. Michael Gianaris said. "Enough to make our friends across in Manhattan look over and be jealous that they don't have anything as beautiful on their side of the River."
More here