LONG ISLAND CITY, NEW YORK
[Pulse] Did Amazon’s about-face on its NY HQ2 plans turn the Long Island City real estate market upside down? HW+Feb 20, 2019
Well before Amazon announced its plans to pursue a second headquarters in Long Island City, the Queens neighborhood was among the fast-growing real estate markets of NYC. Major players in the real estate industry set their foot on the once-crumbling industrial neighborhood and secured millions of dollars to finance massive commercial and industrial projects. Yet, Amazon’s snafu announced last week still stunned the LIC real estate market.