Long Island City

  • Photo by Theeditor93 - https://commons.wikimedia.org/wiki/File:Long_Island_City%27s_high_rises.jpg#/media/File:Long_Island_City's_high_rises.jpg
    Long Island City, New York City

    Did Aborting Amazon HQ2 Affect Real Estate in LIC?

    (NEW YORK, NEW YORK)— When Amazon announced its new headquarters in Queens at this time last year, long time Queens residents panicked over rising rents and home prices. Then, when Amazon pulled out of the deal in February, brokers and developers lamented the lost opportunity and warned of the dire impact […]

  • Tishman Speyer receives $1 Billion loan to finalize Jackson Park
    Long Island City

    Tishman Speyer receives $1 Billion loan to finalize Jackson Park

    (LONG ISLAND CITY, NY)—  Tishman Speyer, a prominent real estate investment company has just acquired $1 billion in financing for Jackson Park. The company has a lengthy history of working on notable sites such as the new development of the Yankee Stadium, the Met Life Building, and Rockefeller Center.   In […]

  • Gantry Plaza State Park, Neon Pepsi-Cola sign. Long Island City, Queens. Robert Wash
    Long Island City

    Amazon’s impact on Long Island City real estate

    (LONG ISLAND CITY, NY) — Long Island City home sale prices are soaring thanks to what many have dubbed the “Amazon effect.” Amazon’s new headquarters will bring 25,000 workers to the area. The New York Post reported that last month residential sales saw a 30 percent increase compared with November […]