Alicia Glen

Long Island City, New Developments, Rentals

TF Cornerstone, LIC development

Rendering courtesy of TF Cornerstone

The waterfront Queens neighborhood of Long Island City has gone from a sleepy, factory town to boasting the country’s largest number of new rental apartments. Now, to preserve some of LIC’s industrial backbone, a new development proposal from TF Cornerstone calls for a massive $925 million mixed-use complex, which will include 1,000 rental apartments and 100,000 square feet of light manufacturing space. As the New York Times reported, the project comes at the city’s request in 2016 for mixed-use project proposals with a focus on commercial and industrial space.

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gentrification, Policy, real estate trends

Mom and Pops, NYC retail, chain stores, NYC shopping, Jeremiah's Vanishing New York, Alicia Glen, Rent Control, Retail Diversity

Courtesy of James and Karla Murray authors/photographers of “Store Front: The Disappearing Face of New York

“The evidence of disease is everywhere,” claims Jeremiah Moss. No, he’s not talking about New Yorkers’ health; this is something he believes is even more merciless: hyper-gentrification. Moss, the pseudonymic chief editor behind the “bitterly nostalgic” blog Jeremiah’s Vanishing New York and the founder of the anti-gentrification movement #SaveNYC, and James and Karla Murray, authors and photographers of “Store Front: The Disappearing Face of New York” submitted a short film to last month’s Municipal Arts Society Summit 2015. The ten-minute clip opens with a sinister assertion that “the soul of New York is dying,” and plays as a visual obituary of the small businesses we have lost over the past two decades.

Shortly after Jeremiah’s melancholic melodrama, Deputy Mayor Alicia Glen was asked whether New York should adopt commercial rent control policies. Unconvinced this is an applicable solution, she instead emphasized that a “healthy and vibrant mix of businesses” is important and “bad” businesses must be allowed to fail. Nor is Glen convinced of the plight of the mom and pop, calling it a Manhattan-centric argument. While she acknowledges certain neighborhoods are changing rapidly, she says independent businesses are thriving in other boroughs.

Watch Jeremiah’s video and hear more of Glen’s argument

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