Nest Seekers International

(48th Ave.)

Long Island City, New York 11101

WebID: 17089

An exciting opportunity for New York's most up and coming neighborhood...Long Island City. Although known in the past for its industrial roots, LIC has repositioned itself as an artistic and cultural community, truly a neighborhood on the rise.


Business:

L.I.C. was named The Next “It” Neighborhood by New York Magazine, who attributes its emerging success to the neighborhood’s financial as well as its cultural persona. As such, some of the world’s most significant establishments call it home. Among them are CitiGroup/Citibank’s headquarters, MetLife, Silvercup Studios, and soon the new United Nations Credit Union. In fact, plans for nearly five million square feet of commercial and retail space (to be completed by 2010) have been submitted. Highlights will include , sidewalks, bike lanes , a new school, and a library.

Culture:

LIC’s cultural highlights include 200 museums and galleries, such as MoMa (Museum of Modern Art), PS1 an affiliate of MoMa, Naguchi Museum, Socrates’ Sculpture Park, The Museum of the Moving Image, The Museum of African Art, The Sculpture Center, 5 Points, and countless others.

Development:

World class real estate developers are increasingly taking note of LIC’s emergence. Rockrose Development, one of the nation’s largest real estate companies intends to build ‘East Coast NY’, a mixed-use development, to include 3000 residential units and over 120,000 sq. ft. of retail space. Rockrose also plans to create 22 acres of parkland. Other developers have followed suit. Currently, more than 30 residential projects—10,000 new homes—are slated to arrive by 2010. Condos will average $700+ per foot and rentals will go for about $30-$40 dollars per foot.

Tour:

For a tour of the neighborhood as well as all of the existing and future Condominium projects, Schedule an appointment with a local.

David 917-553-6466