LONG ISLAND CITY, NEW YORK

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[Pulse] Did Amazon’s about-face on its NY HQ2 plans turn the Long Island City real estate market upside down?

Feb 20, 2019By

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.

3d rendering of a row of luxury townhouses along a street

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