Queens

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 13, 2018

$1.7M Ridgewood listing tries to make SoMA (South of Myrtle Avenue) a thing

By Annie Doge

As if Quooklyn wasn’t bad enough. A recent tipoff about townhouse at 16-35 Hancock Street in prime Ridgewood near the Myrtle-Wyckoff subway stop informed us that: "SoMA (South of Myrtle Avenue) is the new SOHO, with a blossoming creative community of artists and restauranteurs. Former Soho/Tribeca residents have moved to Ridgewood for a more authentic experience and stimulating lifestyle." It's true that Soho/Tribeca residents have long ago fled those neighborhoods on account of billionaire rents and not wanting to live in a sneaker mall, and also true that Ridgewood is ablaze with creative newcomers and packed to the gills with authentic experience. But after SoBro (South Bronx), Dobro (Downtown Brooklyn) SoHa (South Harlem), Soho West (New Jersey) and NoLo (uh...we're really not sure), and, apparently, NoBat, NoCal, BoHo, and GoCaGa, enough may just be enough. Plus, Ridgewood requires no rebranding–it's cool enough on its own.
So let's see the house

Distinctive Homes

November 12, 2018

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

By Chava Gourarie

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

Policy

Rental Offers: This week’s roundup of NYC rental news

Images (L to R): The Max, Quinn, and 2222 Jackson Avenue

November 10, 2018

Rental Offers: This week’s roundup of NYC rental news

By Annie Doge

Images (L to R): The Max, Quinn, and 2222 Jackson Avenue Hello Albemarle in Flatbush: Loft-inspired rentals with direct elevator access from $2,475/month [LINK] 2222 Jackson Avenue in LIC: Stylish rentals with balconies from $2,262/month [LINK] Quinn at Paulus Hook in Jersey City: Grand layouts and big city views from $2,750/month [LINK] The Max at […]

Real Estate Trends

November 9, 2018

Gaudy Rockaway house lists for an eye-popping $2.5M

By Dana Schulz

Prices creeping toward the $3 million mark are typically reserved for Manhattan condos and Brooklyn brownstones, but this rather unsightly home in the Rockaways thinks it can fetch a similar sum. Sure it's on the water in the affluent enclave of Neponsit (and has enough parking for eight cars--what New Yorker doesn't want that?), but $2.5 million is much higher than most comparable houses in the area. But if you're willing to drop the dough, you'll get pretty impressive bay views, balconies off every bedroom, a rear deck, and a backyard with a greenhouse.
See inside

Distinctive Homes

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

Photo via CityRealty

November 8, 2018

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

By Dana Schulz

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

Affordable Housing

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

Rendering courtesy of WXY architecture + urban design

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

Via CityRealty

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

Policy

November 6, 2018

Behind the Scenes at Queens’ Loew’s Valencia, once the most successful Wonder Theatre in NYC

By James and Karla Murray

Earlier this year, 6sqft got an exclusive behind-the-scenes tour at the majestic Loew’s Jersey City Theatre, as well as the United Palace Theatre in Washington Heights. In 2016, we joined Untapped Cities and NYCEDC on a tour of Brooklyn Kings Theatre, and just last month, as part of Untapped Cities Insider’s Tours, we were lucky enough to tour and photograph the former Loew’s Valencia Theatre on Jamaica Avenue in Queens, which is now home to the Tabernacle of Prayer for All People church. The majestic Loew’s Valencia Theatre opened on Saturday, January 12, 1929, as the first, largest, and most famous of the five flagship Loew’s “Wonder” Theatres established in the New York City area from 1929-30. All of the grand movie palaces were built by Marcus Loew of the Loew’s Theatres chain to establish the firm as a leader in film exhibition and to simultaneously serve as a fantastical yet affordable escape for people of all classes from the tedium and anxieties of their daily lives. The Valencia most definitely did not shy away from this fantastical approach, with its Spanish/Mexican Baroque architecture, gilded ornamentation, rich jewel-tone colors, and elaborate carvings.
Take the grand tour

FREE RENT: This week’s roundup of NYC rental news

Images (L to R): Summit, House No. 94, EVGB and 7W21

November 3, 2018

FREE RENT: This week’s roundup of NYC rental news

By Annie Doge

Images (L to R): Summit, House No. 94, EVGB and 7W21 Williamsburg’s, ‘House No. 94’ is 75% Leased and Renting with 1 Month Free [link] Live at The Mill in Ridgewood, New Rental Homes with Amenities from $1,895/Month [link] Summit at 222 E. 44th Street Launches Leasing: Striking 43-Story Tower with Luxury Rentals in Midtown […]

Real Estate Trends

October 31, 2018

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

By Emily Nonko

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?

Uncategorized

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

Via Hill West Architects

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

Images (L to R): The Niko East Village, 30-78 43rd Street, 633 Marcy Avenue and The Essex

October 20, 2018

FREE RENT: This week’s roundup of NYC rental news

Images (L to R): The Niko East Village, 30-78 43rd Street, 633 Marcy Avenue and The Essex 633 Marcy Avenue in Bed-Stuy Debuts Spacious 2- and 3-Bed Rentals from $2,565/Month [link] The Greystone: Prewar Upper West Side Rentals with Amenities from $2,395/Month [link] The Essex Launches: Tallest Building in Essex Crossing Offers Rentals with 1 […]

Real Estate Trends

See the TWA Hotel’s airplane-turned-cocktail lounge make the 300-mile journey to JFK via tow truck

Connie passes under the Eastern Trail in Maine; Courtesy of TWA Hotel, photo by Aaron Flacke

October 15, 2018

See the TWA Hotel’s airplane-turned-cocktail lounge make the 300-mile journey to JFK via tow truck

Over the last week, a 1958 Lockheed Constellation, or "Connie," made its way from Maine to its new home in Queens at JFK Aiport, where it will become a cocktail lounge at the TWA Hotel. Traveling 300 miles through five states, the Connie, with a "Queens or Bust!" sign on its back, was disassembled, loaded on two separate tow trucks, and escorted by state police and civilians. Connie, one of only four remaining L-1648As in the world, will sit on the "tarmac" outside of the 512-room hotel.
More on the journey here

Events & Things To Do

October 11, 2018

$8M mansion is a ‘waterfront Mediterranean villa’ in Queens

On the gilded coast of Queens along the East River in Beechhurst, just north of Whitestone, this 10,000-square-foot manse is asking $7.988 million. At the end of a quiet waterfront street where you might find an angler's retreat, behold instead this Mediterranean-style villa complete with an elevator, a four-car garage, a Florida room, a 20-foot mahogany foyer, a magnificent crystal chandelier, a fabulous pool, a dock for a 60-foot boat and a full outdoor kitchen. All in a gated community, natch. Did we forget the gazebo?
Take a fascinating $8M tour

October 11, 2018

New coalition forms to push for LaGuardia AirTrain

More than a dozen organizations have joined together to form A Better Way to LGA in support of Governor Andrew Cuomo’s proposed AirTrain to LaGuardia Airport (AirTrain LGA). Comprised of community members, economic development groups, transportation advocates, unionized labor, civic stakeholders, and local business leader, the coalition beleives that it is essential to create a viable transit alternative for LaGuardia Airport travelers and workers. The coalition is co-chaired by the Queens Chamber of Commerce, the Association for a Better New York, and the New York Building Congress. The group emphasized in a press release announcing their launch that LaGuardia is the only major East Coast airport without a direct rail connection, despite the fact that LaGuardia Airport is currently undergoing an $8 billion complete renovation.
Why ride the train?

Images (L to R): 525W52, Forty Gold, Riverbank and 505W37

October 6, 2018

FREE RENT: This week’s roundup of NYC rental news

Images (L to R): 525W52, Forty Gold, Riverbank and 505W37 525 West 52nd Street Offers Leases with 3 Months Free; New Affordable Housing Lotto Launches [READ MORE] Downtown Two-Bedroom Rentals at Forty Gold Listed with 2 Months Free on 20-Month Lease [READ MORE] Special Offers at Midtown West’s Riverbank: Rentals from $3,860/Month + New Amenities […]

Real Estate Trends

October 4, 2018

REVEALED: Cuomo’s $13B JFK Airport overhaul to feature an indoor ‘park’ and food hall

Gov. Andrew Cuomo revealed new details Thursday of his $13 billion plan to overhaul John F. Kennedy Airport and transform it into a 21st-century transit hub. In addition to two much-needed new international terminals, the overhaul will bring NYC's biggest tourist attractions into its passenger waiting areas and a central hub. There will be interior green space called "Central Park at JFK," a food hall modeled after Chelsea Market, an elevated walkway called "The High Line," and artwork and exhibits honoring iconic landmarks, including the Statue of Liberty's torch.
See the new renderings

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

Via Flickr cc

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

Uncategorized

Images (L to R): Hunters Landing, 33 Bond Street, One Sixty Madison and RiverHouse11

September 29, 2018

FREE RENT: This week’s roundup of NYC rental news

Images (L to R): Hunters Landing, 33 Bond Street, One Sixty Madison and RiverHouse11 Long Island City’s Hunters Landing Launches Leasing: No Fee Rentals from $2,211/Month [READ MORE] Newly Launched 33 Bond Street in Downtown Brooklyn Offers Rentals with Up to 2 Months Free [READ MORE] NoMad’s One Sixty Madison Offering One Month Free on […]

Real Estate Trends

September 27, 2018

Forest Hills Gardens Tudor can be your enchanted hideaway for $1.9M

By Dana Schulz

Dating back to its early 20th-century roots as NYC's first garden city, Forest Hills Gardens is a treasure trove of historic Tudor homes. This especially enchanting beauty at 45 Markwood Place, just steps from Forest Park, has just hit the market for $1,875,000. Not only does it have all the characteristics of this fairytale-esque style--like exposed ceiling beams, terra cotta tiles, wrought-iron railings, and stained-glass windows--but it boasts a large, lovely backyard patio, two balconies, a one-car garage, and a spacious layout with four bedrooms.
See some more

Distinctive Homes

Despite growing demand, the $10B overhaul of JFK Airport does not include a new runway

Rendering via Gov. Andrew Cuomo’s office

September 24, 2018

Despite growing demand, the $10B overhaul of JFK Airport does not include a new runway

Gov. Andrew Cuomo announced last year plans to overhaul John F. Kennedy International Airport (JFK) with state-of-the-art modern terminals, world-class amenities, and centralized expanded parking lots. But the $10 billion plan, with more details coming from Cuomo in the next few weeks, does not include building a new runway, despite the airport serving a record number of visitors last year, the Wall Street Journal reported Sunday. In 2017, the airport served 59 million passengers compared to 48 million passengers in 2008, a 23 percent increase, according to Port Authority data.
Find out more

Images (L to R): 325 Lafayette Avenue, Alvista Towers, 88 Leonard Street and 180 Riverside Boulevard

September 22, 2018

FREE RENT: This week’s roundup of NYC rental news

Images (L to R): 325 Lafayette Avenue, Alvista Towers, 88 Leonard Street and 180 Riverside Boulevard Newly Built 325 Lafayette Avenue in Clinton Hill Offers 2 Months Free: Net Effective Prices from $2,375/Month [link] Live at Alvista Towers from $1,729/Month; Get 1 Month Free on Leases Signed by Nov. 1st [link] Tribeca Rental Specials at […]

Real Estate Trends

Willets Point from Citi Field. Image: Wiki Commons.

September 18, 2018

Could affordable housing plans for Willets Point be scrapped for airport construction parking?

The city and developers have filed preliminary plans to pave a 6.5 acre stretch of city land for 665 parking spots, Crains reports. The economic development site within the industrial neighborhood of Willets Point, in Corona, Queens also known as the Iron Triangle was slated for a cleanup of its toxic soil and the creation of affordable and senior housing, plans which resulted in the demolition of a cluster of small businesses.
Find out more

FREE RENT: This week’s NYC rental roundup includes 3 months free rent on the Williamsburg waterfront

Images (L to R): LEVEL BK, BKLYN AIR, Synergy Chelsea and Denizen Bshwk

September 15, 2018

FREE RENT: This week’s NYC rental roundup includes 3 months free rent on the Williamsburg waterfront

Images (L to R): LEVEL BK, BKLYN AIR, Synergy Chelsea and Denizen Bshwk Williamsburg Waterfront Rental LEVEL BK Offers 3 Months Free on 2-Year Leases + Free Car Share [link] BKLYN AIR Offering Half-Month Free for Leases Starting Before Sept. 30th [link] New High-Tech Corporate Residences Coming Soon to Synergy Chelsea at 232 7th Avenue […]

Real Estate Trends

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

Image: TF Cornerstone

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

Images (L to R): The Lewis, The Parkline, House39 and Twenty Broad

September 8, 2018

FREE RENT: This week’s roundup of NYC rental news