What $3,200 Gets You in Long Island City

Curious what you can get for $3,200 in Long Island City? This week we follow Youtuber Elena Taber navigate the area and see’s what friends Long Island City Home apartment. What do you think of the apartment

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Your Look At NOVO Long Island City's Newest Condominium

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LIC's ATHA Is Now Fully Leased

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A Look At The Last Available Residence At The Bond In LIC

iCross Development and exclusive sales agent The Smith Team at The Corcoran Group are pleased to announce that only one residence remains for sale at The Bond, a boutique 42-unit condominium located at 46-20 11th Street in Long Island City, Queens.  The building’s convenient location, coupled with its spacious floorplans and private outdoor spaces, resonate with buyers – and are the key components to its success.

The final available residence, Unit 1A, is a split two-bedroom, two-bath home that encompasses 1,025 interior square feet.  Spanning the entire length of the apartment, the property’s 274 sq ft, 45’8” terrace is accessible from both the main living area and primary bedroom suite.  The expansive great room features a wall of sliding glass doors that open to this tranquil space, which is perfect for entertaining, dining al fresco, or simply relaxing. 

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The home was designed for the way today's New Yorkers live.  Complete with a quartz waterfall island crowned with pendant lighting, custom cabinetry, and a full suite of Bosch and Fisher & Paykel appliances, the chef’s kitchen is the truly the heart of the home.  The primary bath features a Kohler deep soaking tub and shower backed by a stone feature wall.  In addition, both bathrooms are equipped with radiant floor heat.

A three-zone heating/cooling system, an in-unit washer/dryer, and a secure keyless entry system are additional features of Unit 1A.  High ceilings, recessed lighting, and wide plank oak flooring can also be found throughout. The property is listed for $1.23 million.

Amenities at The Bond include an attended lobby, a state-of-the-art fitness center, residents’ lounge, common terrace, and a bicycle room.  The building is also the only new development in Long Island City that can offer the buyer the option of purchasing one or two deeded parking spaces.

“Working with iCross has been a wonderful experience. Their design expertise, creativity, and commitment to quality have made The Bond the most desirable building in Hunters Point,” reports Patrick Smith, the sales team’s leader.  “Since launching the final group of sponsor units in January, we have received overwhelming interest - with more than 150 showings and counting.  Residence 1A is the last opportunity for a buyer to make the incredible lifestyle the building offers, their own.”

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Corcoran New Development Tapped To Market L.I.C.'s Star Tower

Corcoran New Development has announced it has been brought on board as co-exclusive sales and marketing agent – along with Exit Dynasty Realty - for Star Tower, located at 27-17 42nd Road in the Queens Plaza section of Long Island City.  

Star Tower Roofdeck Corcoran Long Island City Off The MRKT

Conveniently situated just one subway stop from Midtown, the 182-unit condominium rises 27 stories over a thriving community, and will provide residents panoramic views of the iconic Manhattan skyline.  Built by Eastern Star Development, generously sized one-bedroom homes are priced from the mid-$800,000s, and two-bedrooms start at approximately $1.4 million.

Star Tower  Corcoran Long Island City Off The MRKT

Spanning nearly 13,000 sq. ft., the building’s amenities center is among L.I.C.’s largest.  It is complete with a  27th floor SkyDeck, a landscaped rooftop sun terrace, and residents’ SkyLounge with billiard table. Other amenities including a state-of-the-art fitness center, playground, zen garden, and media/theatre lounge will also be available for use. The building’s on-site automated parking and attended lobby will offer convenience and peace of mind.

With a 15-year tax abatement and ultra-low common charges of approximately $0.75 per foot, buyers have recognized the value Star Tower provides, and the building is already a quarter sold.  The offering plan has been declared effective, which sets the stage for Spring 2020 closings, making it one of the only new L.I.C. condominium towers ready for occupancy in the coming months. 

“We are proud to be part of the team who is bringing this spectacular property to market,” said Victoria Smith, who is leading sales at the building for Corcoran. “We continue to grow our presence in Long Island City, and we look forward to leveraging our marketing capabilities and international reach to guide buyers to Star Tower.”

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The Collective Paper Factory in Long Island City

Alexandra Reconco

The Collective is a leading co-living company that believes in building long and short stay communities across a growing network of global cities. Founded in 2010 by CEO Reza Merchant, The Collective strives with its unique spaces to combine thoughtfully designed private living solutions with communal and public amenities, to promote connection, growth and inspiration in a community. The Collective Paper Factory, the co-living company’s first space in the United States is opening in Long Island City, Queens.

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The Collective Paper Factory introduces a robust cultural program including an artist residency and a co-living conference designed to educate and engage members and the community alike in the growing conversation about the future of co-living. This 125-room location will offer a stay model ranging from one night to 29-day stays, which allows for all kinds of individuals to experience the co-living lifestyle but also to contribute to the community. Paper Factory nightly rates start from $135, two week stays from $1,250 and 29-day stays from $2,300. As with The Collective’s longer stay models, rates are all-inclusive of Wi-Fi, professional cleaning, linen change and utilities. Through a partnership with Brooklyn-based Blind Seed, members will have access to an order-in wellness concierge program, which will include yoga, Pilates, herbalism, and reiki among other offerings for the mind, body and soul.

This November 15th, Paper Factory will host “Be More Together: A Collective Conference,” a series that explores the future of shared spaces, resources and actions, forging a more deeply engaged partnership between The Collective and New Yorkers. This event will showcase local scholars, makers and creators via talks, activations, exhibitions, and performances, including a native exploration of the surrounding neighborhood and borough.

Opening December 2019, another new addition will be ama, a restaurant inspired by different culinary traditions from around the world, serving comfort food with global influences. The new restaurant also connects to The Courtyard, a seasonal outdoor space with signature beverage programs. Coming next spring, Paper Factory will inaugurate its first local artist residency program, which will be open to makers living in the five boroughs of New York City.  The program will offer two artists of varying disciplines accommodations, accessible space and resources to create work at The Collective Paper Factory.

More to read:

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HERO LIC Announces Public Art Contest

Silverback Development has announced that the firm’s first project in Long Island City, HERO LIC, hit effective status in record time for the neighborhood, after being on the market for less than one month. HERO LIC is Long Island City’s first Art-Moderne skyscraper featuring 109 luxury condominiums with stunning Manhattan views and an expansive lifestyle package. “Million Dollar Listing New York” television star Ryan Serhant and The Serhant Team of Nest Seekers International are exclusively handling the sales and marketing of the property.

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“The buyers and brokers are beyond excited about HERO LIC and the amount of interest we have is unparalleled, which has resulted in a strong sales velocity,” said Ryan Serhant of Nest Seekers International. “The price points are amazing, the finishes are gorgeous, and the amenities are next to none. This is looking like it will be one of the most successful projects in Long Island City, ever.”

On the heels of the excitement, HERO LIC is inviting everyone to submit a sketch of an idea for a mural or art installation that references the creative energy of the LIC and NYC community, to be installed on an 8’4” wide by 10’6” wall in the building lobby at 24-16 Queens Plaza South.

Sketches can be submitted here by October 15. HERO LIC will select and announce 4 finalists on October 16th on HERO’s instagram and website. Finalists will be promoted on Ryan Serhant’s Instagram and the general public will be invited to vote for the winner on instagram and herolic.com until October 21.

Pricing for available residences start at $550,000. For more information, visit https://www.herolic.com or @theherolic on Instagram

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What To Know About Long Island City Area’s Residential Development and Transportation

With the announcement from Amazon that it has chosen New York's Long Island City for part of HQ2, Localize.city took a data-driven look at the area to see what’s in the pipeline for residential development and transportation. The area has the largest number of apartments currently under construction. It’s also No. 1 for number of new units authorized as well as for permits filed but not yet approved.

The strain of the influx of new residents is already being felt on LIC’s streets, which will incrrease in the following months. While transit upgrades may be on the way, the neighborhood is No. 1 for issue like complaints about parking, blocked bike lanes and is in the top 10 for complaints about parking placard abuse. 

Off The MRKT Long Island City

"When Amazon moves part of its second headquarters to Long Island City, it will have a tremendous impact on the neighborhood and others nearby," said Localize.city urban planner Stephen Albonesi. "But if any area in New York is poised for a major influx in residents, it's Long Island City, where a building boom is already remaking much of the area and where residents have been grappling with how to meet the demands of thousands of new people.”

 Other takeaways are is that the neighborhood would be six times bigger than Manhattan’s Hudson Yards, with up to 24,000 units of housing, 52 acres of parks, 19 schools and more than 1 million square feet of retail and office space, officials have said. It would take at least a decade to build and would better connect Astoria, Long Island City and Sunnyside.

While more units will pop up groceries and pharmacies are still scarce, and publicly accessible gyms may be in short supply because they’re included as amenities within many private developments.

But more retail is on the horizon: roughly 500,000 square feet is expected by the early 2020’s. Much of it may skew toward chain stores, large grocers and movie theaters, which could make Long Island City more of a an area to work rather than live.

To see the full report click here.

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