Comments on: Summer development blazes on at the Pulaski Bridge in LIC

By: Anonymous

Anonymous — Wed, 12 Nov 2008 00:46:58 +0000

If you have such insider information then why don’t you name the developer and the buildings?? $400’s ?? I saw listings for 1 bedroom apts. in some new buildings that were in the 400’s months ago… given they are on lower floors and views aren’t the best… it’s still in the 400’s which is amazing for a 1 bedroom in a great neighborhood. Why do people post random information?? Who are you and what “insider” could you possibly know?

By: Anonymous

Anonymous — Sun, 21 Sep 2008 21:09:57 +0000

I have commented on the prices of condos starting to fall quite rapidly in LIC in the nearly future. Before last weeks meltdown in the financial markets, the italian named developer that is building the buildings near the LIRR and the other near the Pulaski bridge (one is 30% sold, the other 50% sold) and who has been getting prices of around $720 PSF has been shopping both projects in bulk (all units) to investors and getting offers in the low $400’s for the balance of the projects. This is from someone inside the industry. This will start bringing the retail price of these units down or will allow for these projects to work as rentals. Like it or not, just wait and see. Sorry for bringing the bad news.

44 and 45

By: #46

#46 — Tue, 19 Aug 2008 19:17:23 +0000

45, stop being jealous of all the changes in LIC. If you are going to criticize, make it substantive and stop nitpicking.

By: #56

#56 — Thu, 14 Aug 2008 20:27:12 +0000

you are right 44, nobody knows for sure. There are zoning changes in LIC that have allowed for all this new development to occur. These buildings would not have been possible 10 years ago. I am referring to changes in the credit environment that permitted these buildings to come about, changes that will impact not only developers but also buyers as well. The pool of buyers is being restricted by this credit crunch, and prices will show the smaller market that will have access to credit to purchase an apartment. LIC is not isolated from the rest of the nation in this, and a macroeconomic view indicates that LIC will also fall victim to this. How much is anyones guess.There will always be better times to get into the market and out of it, everyone is a genius in hindsight.

The question is not whether prices will fall or how much, what I’m discussing is the fact that many of these buildings being presently built, like the ones at the corner of 11th and Jackson and near the entrance to the Midtown tunnel, are built with no regard to context, with a lack of a pleasant urban environment. Yes, they’ll be close to transportation, but the truth is that there is nothing unique or interesting about them or their contxt to make them an appealing long term investment.

By: Anonymous

Anonymous — Thu, 14 Aug 2008 14:09:38 +0000

“will see prices drop in the next ten years.” ?

really? Could you at least give me the lottery numbers for tomorrow night?

By: #56

#56 — Wed, 13 Aug 2008 23:26:42 +0000

The proliferation of buildings in that area is the product of a market on steroids. It will result in a glut of apartments for years to come.

Five buildings, a bridge and an avenue don’t make a neighborhood–these buildings have come about with no planning to support city life as we know it in New York, with pedestrian traffic and a sense of urban scale.

It is not that they are bad buildings, they are bad building sites lacking a context.

The people who have purchased at what is still the height of the market, at least in terms of what developers are asking, will see the prices drop in the next ten years. They will find themselves owning second quality apartments.

Lets hope that the people who will fill them will be first quality people.

By: JB

JB — Fri, 08 Aug 2008 14:39:45 +0000

I’m ready for that support #41. Maybe there will be enough people buying here because they truly love the neigborhood as a place to put down roots. Of course when I moved here 20 years ago I didn’t realize that I would be here for so long, but LIC grew on me and I couldn’t imagine living anywhere else. I still fill that way for the most part even though there is alot of changes to get used to all at once.

By: Anonymous

Anonymous — Thu, 07 Aug 2008 23:03:44 +0000

Charlie has it completely right. I’m getting sick and tired of hearing people — our neighbors, no less — badmouth LIC without any regard to the people who lived in the area in the past. It’s just evidence to me of a coarsening of behavior and is plain obnoxious.

Of course, no one ever thought we were living in some ritzy neighborhood! But what did it matter? I have (mostly) fond memories of growing up in LIC, mainly because we were a tight community and we grew up with generations of one another’s families. That’s been lost not just in LIC but throughout many other parts of the country. Everything feels isolating and transient today. And though it’s great to see the neighborhood physically improve, bricks and mortar are not really what a neighborhood is all about. So prove me wrong and let’s see evidence of people supporting one another like we used to in LIC.

By: Charlie

Charlie — Thu, 07 Aug 2008 22:09:50 +0000

Sorry. The first time I hit the submit button, it did not work, and I was redirected to a strange page, indicating something was wrong. I then left the page and came back to try again. The second time it worked, but posted twice. Another glitch, I guess.

Charlie.

By: Charlie

Charlie — Thu, 07 Aug 2008 22:06:09 +0000

Everyone has their own idea and perspective, on what a neighborhood should be. Hunters Point was not only a neighborhood, but a real community, where the residents mostly knew each other, and interacted in all sorts of situations, on a daily basis. Many of the families had been here for generations. To say this was not a bonafide neighborhood, as #33 did, is a slap in the face of all of those families and individuals who have called this place home. It’s okay to have a different point of view, but don’t insult others by putting the neighborhood down, which you and so many others have eagerly moved into. It’s thoughtless posts like this one (and others like it), which start the bickering, fighting and throwing of insults. It’s all unnecessary. State what you have to say, and ditch the insults.

Charlie

By: Anonymous

Anonymous — Thu, 07 Aug 2008 19:37:40 +0000

21, here again. I hear what you are saying, but I still think that I’m not the one with the problem. Judging by the comments here, I’m not the one with the inferiority complex. Sorry I sound like a broker (and when did that become a bad thing) when I talk about real estate. All I’m just saying is that I look forward to the reatail developments. Still don’t know what is so contreversial about that.

By: Anonymous

Anonymous — Thu, 07 Aug 2008 18:58:27 +0000

I agree with 37. But I suspect that many people don’t view neighborhoods in the same warm and fuzzy (human?) way. To them, the choice of living in LIC is purely a cold, calculated money-making proposition. They have their eyes on the 5-, 7-year time horizon, when they’ll sell and bid a quick goodbye to a”credible” “marketable” LIC.

By: Melissa

Melissa — Thu, 07 Aug 2008 18:02:43 +0000

Hi #21…. I think it’s all in the delivery. Most people would acknowledge that the addition of a convenient (in location, even if not in price) supermarket will be a good thing. It’s just that when you discuss our neighbourhood in strictly commercial terms (with so many buzz words that it’s almost difficult to understand) you end up sounding like a broker, and people switch off.

By: Anonymous

Anonymous — Thu, 07 Aug 2008 16:59:12 +0000

Why is it that people like 34 have to tear down the old LIC as they talk up the new? I always sense an inferiority complex with these saddies.

32, when I was growing up in the 70s, we had two supermarkets on Vernon, a butcher, two bakeries, an outstanding Italian deli and fruit and veg market, a pharmacy, tailors, barbers, and many other local shops that were able to prosper for years before they got run out of town on the heel of rising rents.

It’s funny that even with all the mega-millions flowing through LIC these days, we had far more “credible” neighborhood services than is available today.

By: #33

#33 — Thu, 07 Aug 2008 15:20:13 +0000

#32, you have to be kidding. This area was no bona fide neighborhood. It was a scattering of houses in the middle of factories and warehouses. The opening of retail establishments that one would expect in a desirable, active neighborhood, like a grocery store (!), or a pharmacy like a Duane Reade, does bring credibility to the area as a more desirable neighborhood to live.

By: Anonymous

Anonymous — Thu, 07 Aug 2008 15:19:11 +0000

Yes I guess you are right – technically it has always been a neighborhood. However, most people prefer that their neighborhoods they live in have these amenities. That’s all I’m saying. Why must everything in LIC be seen through the eyes of old and new? That makes you take a simple comment acknowledging that the addition of these amenities makes the area more livable and turn it into a referendum on yuppies. It’s all getting very tired.

By: bonafide

bonafide — Thu, 07 Aug 2008 15:02:26 +0000

I think #31 the issue is that LIC has been a bonafide NYC nabe for years and years now. We don’t need a grocery store to validate us so yuppies can feel righteous about coming to live here. LIC was mostly industrial and if you look at the neighborhood as a whole, it still is. People have lived here for years without a grocery store, they’re not invalid for having done so. They’ve been smart actually.

By: Anonymous

Anonymous — Thu, 07 Aug 2008 12:04:17 +0000

I’m 21, and I’m not sure what is so offensive about what I said. The fact is that these two business that will make the neighborhood much more inhabitable (and marketable) when they finally open.

Credibility Among whom? Among anyone that has a need to eat and buy groceries or fill a prescprition who does care to cross a river to do it.

By: Anonymous

Anonymous — Thu, 07 Aug 2008 01:00:58 +0000

#15 - Couldn’t have said it better myself. They should have bought in Citylights

By: Anonymous

Anonymous — Wed, 06 Aug 2008 20:41:52 +0000

I think the 50% sold is their automatic response. I can’t see them saying “Yeah, we’re 10% sold”.
They have to make their properties look better than they really are.
They’re probably telling the truth 50% of the time.

By: Anonymous

Anonymous — Wed, 06 Aug 2008 20:18:27 +0000

Condo glut. Except for the Star Tower. That doesn’t make any sense. Supposedly they are at 50% already. How can that be? These others ones at 50% after months and months.

By: Anonymous

Anonymous — Wed, 06 Aug 2008 18:33:58 +0000

I just did.

By: Melissa

Melissa — Wed, 06 Aug 2008 17:59:07 +0000

Yeah, # 21 - that comment was a bit too much, even for people who are looking forward to having a supermarket. There’s only so much \starting to pop\ and \frontier aura\ that one can hear without wanting to puke.

By: Anonymous

Anonymous — Wed, 06 Aug 2008 17:21:21 +0000

24, Brandon, as an old-timer, I just shrug at this point when I hear those thoughtless comments. As soon as apartments became more than just a place to live, the game changed in LIC. Everything is viewed through the lens of growth, change, money, earnings. There’s no more useful vocabulary to discuss where one lives anymore. Credibility? Why of course.

By: Brandon

Brandon — Wed, 06 Aug 2008 16:36:37 +0000

Really? Talking like a neighborhood is some sort of commodity that needs to approved by some mystery validator at some future point when it has the “right” amenities and deomographic composition for said entities isn’t offensive?

I wonder what the people who have lived here their whole lives think. I bet they can’t wait to finally feel validated for living here once there is a Duane Reade.