http://modernspacesnyc.com
Jan 29 2010

Long Island City real estate update; the usual suspects

Murano Condo, Borden Ave, Long Island City

The luminescent Murano’s colorful lobby lights are still putting on a show on Borden Ave, but now they have to compete with the picturesque reflections of blue clouds and sky on the condo’s super-glassy facade. Of course, we’re holding our breath for the still-to-come moat-like “urban lake”, and the impending infamous lightclock.

10-17 Jackson Condo, Vernon Blvd & Jackson Ave, Long Island City

10-17 Jackson’s developers are still polishing off the details down on Vernon/Jackson. There’s a lot going on there – silvery-white tiles, aluminum screens, tons of windows and vertical lines, balconies sticking out everywhere, the “prow” on top.. Yeah. Still no word about whether they’ll go rental or condo, and we’re also wondering about the ground floor retail that has supposedly already filed for a liquor license.

Linea, 44th Drive between 21st & 23rd Streets, Long Island City

The Linea, which was once a big gray box, is now.. A big purple-ish/burgundy box. The straightforward brick facade is set off by the color – it stands out even more when the sun hits it – and windows are being added day by day. No word on ground floor retail or anything else on this pretty much mysterious building. It’s just another one of those surviving developments that is continuously being worked on.

Piano Factory Condos & East River Tower, Hallets Cove, LIC/Astoria

And now back to our near-Astorian neighbors over in Hallets Cove. After we did a little real estate update on the area, Curbed reported that the “king of the Astoria skyline,” the East River Tower, recently had its prices chopped – but only by about 10% according to StreetEasy. Coincidentally, the active listings for the nearby Piano Factory Loft Condos have also disappeared from StreetEasy. Hmm..

5 Comments

Leave Your Comment Comment Feed

i really hope after these are finished, there are no more new developments for a long time…. why would anyone decide to start a new building in the past two years? how are they going to fill them? there’s way too much supply.

#1 Anonymous / 7 months ago

how are they going to fill them………….

With Section 8 of course…you don’t ya think they would drop the price 50-60% so that average working people can afford them

NOPE they will go Bankrupt and the city will contract to put homeless in there.

And you nabe will be so much better …hahahaha!

#2 Anonymous / 7 months ago

#2 is a bitter renter. Sorry you missed out buying in LIC. Your landlord loves you paying his mortgage while he buys even more properties.

#3 Anonymous / 7 months ago

Really Section 8? Looks like that’s what we all should be applying for then.

#4 Anonymous / 7 months ago

Section 8…seriously? hahahahaha

#5 Anonymous / 7 months ago

Leave Your Comment

Some HTML Allowed

Your e-mail will not be shown. Although if you have a Gravatar it will be shown here. Otherwise, anonymous comments are welcome.