Luna LIC has kicked off leasing on its 124 rental homes priced a fraction less than similar units in Manhattan. Situated one subway stop from Midtown at 42-15 Crescent Street within the Queens Plaza section of Long Island City, the leasing team for a limited time is offering a month’s free rent and no broker’s fee for incoming lease signors. Current availabilities specify net effective rents beginning at $1,962/month for studios, $2,399 for one-bedrooms and $3,599 for two-bedrooms.
Watch out Hudson Yards, Midtown is moving east to Queens. The glassy ghetto formerly known as Long Island City is sprouting a small city worth of skyscrapers, ushering in thousands of new residents, hundreds of hotel rooms, and a few hundred thousand square feet of office space. To help us visualize the neighborhood’s upcoming transformation, the dynamos at Rockrose Development commissioned visualization experts Zum-3d to produce this exceptionally accurate depiction of the changes afoot. Inspired by the rendering, 6sqft has put together a rundown of the nearly 30 under-construction and proposed projects for the ‘hood.