LIC’s waterfront River East Condos still showing signs of life under ice

Iced up River East Condos lot earlier this winter, 44-02 Vernon Blvd, LIC

Long Island City real estate development rumors flaring up again. The latest off the press is the huge expected sale of a $32.5M note on the now gaping, flooded, and (as of this winter) frozen construction site at 44-02 Vernon Blvd in LIC. Read: condo projects on the site of the former East River Tennis Center, dreamed of since the 1970s, are finally going forward – potentially. The plan for these so-called River East Condos calls for a total of 910 units in two 28-story towers and four 8-story buildings on the six-acre Hunters Point waterfront site »