Elliman brokers take in the Manhattan skyline at dusk, Powerhouse Condos
Yes, it’s a well known fact that LIC is a real estate haven these days, what with all the condo development… Suits and brokers have been a fixture around here for years now, and despite the troubled and confusing times of the NYC real estate market, LIC hasn’t even felt a hiccup, if this weekend’s broker extravaganga is any evidence.
Here’s a short clip of a lengthy Stoler Report about the development in Long Island City. Being interviewed are representatives from Cushman & Wakefield, Silvercup Studios, and Brause Realty. The full episode (16 minutes long) is available courtesy of a great new video sharing site aimed at the real estate industry, Wellcomemat. Here’s a 3 minute snippet that addresses the climate of purchasing real estate in Long Island City, and the amenities situation. What was of most interest (personally speaking) is the part towards the end where they address the fact that there is no national brand presence in LIC. Now, I’m not very sad about that, but from their perspective (broker and developer) it’s only a matter of time, and it’s desired of course, to foster the draw of the neighborhood.
