Even more condos planned for Long Island City
Even more condos planned for Long Island City With land prices shooting up, rentals no longer pencil out for many builders December 22, 2014 05:00PM Clock Tower building at 29-27 41st Avenue and rendering of Ascent Development’s 11-51 47th Avenue in LIC With Long Island City land prices blowing up and the neighborhood’s demographics shifting […]
Condos coming to Long Island City after rental boom
(Bloomberg) — After nine years of working on apartment developments in New York’s red-hot Brooklyn, Sam Charney has moved on to a new mission, in a different borough. Mr. Charney, with partner Ascent Development, is building condominiums in the rental-saturated neighborhood of Long Island City in Queens, on a wager that the area is starved […]