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. 

"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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A Lobby To Welcome You Home

The list of what to look out for during an apartment hunt can seem never ending. You probably attend each viewing with reams of paper reminding you about things like location and the quality of the view. The more bases you cover, the less chance there is of landing in an imperfect living situation, right?

But, despite a world of preparation, many of us forget to consider one crucial thing; the entrance lobby. It wouldn’t even cross many of our minds to spare this a thought. You aren’t buying the lobby, after all. Surely the apartment should be more important?

When you break it down, though, that lobby is the first thing you’ll see when you arrive home. It’s the first impression your guests will form of where you live. Hence why many landlords go all out by investing in expensive floor tiles, and even contacting aluminum canopy manufacturers to provide an entrance to come home to. The grander the entrance, the better the prospects. With that in mind, you may want to start your next viewing appraisal before entering the potential apartment. For proof of things to look out for, consider the prowess of these top New York lobbies.

The Galleria, 117 East 57th Street

From the moment you set eyes on The Galleria, it’s clear to see that this complex has something to shout about. This entrance canopy ticks all the boxes. Things only improve as you get closer, and spot the iconic swooping glass entrance. Without needing to set foot in the building, it’s clear these apartments come complete with dreamy contemporary designs. What more could a property hunter ask for?

The Osborne, 205 West 57th Street

Many would argue The Osborne has the best lobby in the city, and it’s difficult to disagree. Built back in 1885, this couldn’t be further from the modern glitz you’ll find at the Galleria. Instead, this lobby will put you in mind of a stately manner. The gilded ceiling is only the tip of this lobby iceberg. You also have brownstone walls and traditional paintings galore. You could go as far as to say this is the dream apartment block for fans of Downton Abbey.

River House, 435 East 52nd Street

Of course, New York’s most impressive apartment building had to find its place onto this list at some stage. A pillared stone gate leads you into this beautiful lobby, complete with gardens and river views. The highlight, though, is the cloakrooms which you’ll find there for all your party needs.

The Plaza

Whether you recognize it for its iconic appearance in Home Alone 2, or because you’ve marveled at it many times; The Plaza also deserves a look-in. The lobby for this apartment complex is about as grand as you would imagine. Again, the entrance brings to mind a stately manner house. This image is only furthered by the iconic chandelier you’ll fail to miss when you walk in. How does that sound for impressing anyone you bring home?

 

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Corcorans Top-Producing Agent Richard Phan Joins Douglas Elliman

Richard Phan

Richard Phan, has decided to move from Corcoran on to Douglas Elliam where he was an integral member of the Carrie Chiang/Janet Wang Team, and was involved in some of the most prominent sales in all of New York City. Notably, Phan is acclaimed for selling Manhattan's most expensive townhouse in 2017 for $79.5 million. He will be based out of Elliman’s headquarters at 575 Madison Avenue.

“We are thrilled to have Richard join us at Elliman,” said Steven James, Douglas Elliman’s President and CEO, New York City. “His professionalism, attention to detail, absolute discretion and integrity are highly-valued by everyone who knows him.  He is well respected among his customers, clients and colleagues and I’m confident that his vast knowledge, focus and drive will serve him well at Elliman.”

To date, Phan has sold over $1.1 billion in property covering all sectors of the condominium, cooperative, new development and townhouse markets. He touts an extensive client list and has experience working with top corporate executives, international investors, artists and professionals from the financial services, real estate and fashion sectors.

“After a very successful decade with my former team, the timing seemed right to take the next step in my career, and I’m so happy to embark on this new chapter at Douglas Elliman,” said Phan. “I’ve always admired Elliman’s dedication to their customers and agents, and how the firm has adapted to new technologies and grown its reach into exciting new markets.”

Originally from Hawaii, Phan also has an intimate understanding of the West Coast market. Previously, he worked at Hawaii’s largest title and escrow firm – giving him a unique perspective into the legal components of real estate. This multi-dimensional experience will make him a strong asset to Douglas Elliman. 

 

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SCG America Acquires Full Ownership of Manhattan View at MiMA

SCG America proudly has announced their sole ownership of Manhattan View at MiMA, the immediate-occupancy luxury condominium comprised of 147 exquisite residences, designed by celebrated AD100 interior designer Jamie Drake, atop the Related Companies’ MiMA masterplan development adjacent to Hudson Yards.

 SCG America has tapped New York’s luxury new development leader, Corcoran Sunshine Marketing Group, to formally oversee the marketing and launch of the condominium for sales which opened on October 26th as the headline event of CS Talks 2018 in partnership with Architectural Digest. The building’s central Manhattan location offers buyers close proximity and access to the City’s newest neighborhoods, celebrated and eclectic restaurants and cultural venues while remaining decidedly accessible via transit options.

“We look forward to collaborating with Corcoran Sunshine Marketing Group to confidently introduce New York to its most valuable new development anchoring one of Manhattan’s most exciting neighborhoods,” the SCG America development team said in a statement.

“Manhattan View at MiMA offers discerning buyers an incredible opportunity to own penthouse-worthy views from every residence, a unique unit mix of thoughtfully-designed residences with significant storage space, complemented by a bare-no-expense amenity program. We are delighted to partner with a recognized leader such as SCG America on launching the most exciting new luxury condominium in Midtown,” said Patricia H. Cole, Executive Managing Director, Corcoran Sunshine Marketing Group

Manhattan View hosts a groundbreaking 44,000+ square feet of amenities, including an 18,000-square-foot private residents-only fitness center by Equinox® with a heated indoor lap pool and a full-size basketball court; over 14,000 square feet of landscaped outdoor space; party rooms and catering kitchens; a Mac Bar equipped with iMac computers; and a screening room with golf simulator and karaoke lounge. There is also a club room and residents’ lounge with fireplace, a fully-equipped game room, a children’s playroom, and Dog City, an exclusive residents-only, professionally-staffed pet spa.  Other amenities include a 24-hour doorperson, live-in superintendent and a dedicated concierge, Luxury Attaché.

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Bryan Ecock Joins Douglas Elliman

Bryan Ecock

Douglas Elliman Real Estate, has announced that Bryan Ecock has joined the firm. Ecock has won several awards for his sales and service over the past half a decade. His accolades include Top Sales Agent of the Year, repeated Sales Agent of the Month, as well as multiple Million-Dollar Producer and Top Relocation Sales Agent awards. 

“My goal is to always make the home buying and selling experience as stress-free as possible for my clients,” said Ecock. “The resources and support Douglas Elliman offers to their agents are unrivaled, and I’m eager to utilize them to better serve my clients.”

With a background in sales, Ecock began his career managing sales territories for Proctor and Gamble, Glaceau, and Astrazeneca. Well-versed in all Brooklyn neighborhoods, he has worked in Sheepshead Bay, Brooklyn Heights, East New York, Red Hook, Cobble Hill, Bensonhurst, Brownsville, Bushwick, Midwood and Bedford-Stuyvesant, and will continue to do so at Douglas Elliman.

Ecock will help to expand Elliman’s growing presence in South Brooklyn through his vast experience in the sale of development sites, new construction, single-family and multi-family homes, in addition to condominiums and cooperatives. He will work out of the firm’s 156 Montague Street office in Brooklyn Heights.

 

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Eileen Ford's Former Hamptons Getaway Sells

Belle Meade, one of legendary architect Stanford White’s final masterpieces, has sold for very close to the $9.875 million ask. The 104-year-old Greek Revival at 23 Shinnecock Road in Quogue, which sits on 3.5 acres and features a superbly scaled impressive 14,000 square feet of gracious living space, was once the home of Ford Models founder Eileen Ford and has also appeared in Martha Stewart’s book, “Weddings.”

High style abounds at the lovingly restored and opulent estate, which was commissioned by the Greeff textile family circa 1906.  Highlights of the property include manicured gardens, original specimen trees, heated Gunite pool and regulation Har-Tru tennis court. Interior amenities include 10 bedrooms, eight and a half bathrooms, multiple fireplaces, library, drawing room and staff quarters.

Enzo Morabito of Douglas Elliman brought the buyer. This was Tim Davis of Corcoran's  listing. 

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