Become a Virtual Tourist Member Today!  Sign Up for Free | Sign In

Travel Tips

Search:
Home » vtnyc » Queens Real Estate Is Booming...look here.

"Queens Real Estate Is Booming...look here." by vtnyc


Click Picture to enlarge.
 email me
 add as friend


vtnyc   
If you want to gather honey, don't kick over the beehive


Real Name: Craig
Lives In: New York City, US
Member Since: Jul 30, 2004
VT Rank: 1447

 

vtnyc's Albums
Title [Click to view]Travel YearPictures
Queens Real Estate Is Booming...look here.- 3
Why I never use my ATM card overseas...- 
People Watching In New York City- 8

Page Views: 652            

Queens Real Estate Is Booming...look here.

by vtnyc - last update: Aug 15, 2005

Hunters Point Long Island City

rezoning from industrial to residential
This section of Queens is called Hunters Point and it is a small neighborhood in Long Island City Queens. Literally, its a stones throw away from Manhattan. From the Vernon/Jackson 7 subway stop, its less than five minutes to Grand Central Station and less than 10 minutes to Times Sqaure.

This section of Queens used to ZONED as a dense industrial sector of the city as you can still see from the picture. However, The Commissioner is re-zoning Hunters Point right now one block at a time--converting Hunters Point into a high demand residential area.

Within the scope of five blocks, I counted three new condomium developments. There used to be four large smokestacks right next to the river that a developer has bought and already torn down to replace with a luxury high rise condo development.

If you are looking into buying New York City real estate, this would make a good place to start. In ten years, once Long Island City is more thoroughly rezoned, it will literally be a residential extension of Manhatttan's Midtown East. LIC is quiet at night too.
literally a stones throw from Manhattan

UN on left, Trump Int'l Tower on right

This is a picture taken from the shore of Long Island City. Long Island City is right on the water...as you can see here. Its a wonder how it took the city so long to rezone Long Island City from an industrial oasis into residential neighborhood.

The UN is on the left. 845 U.N. Plaze otherwise known as Trump International Tower is the tall black building on the right and you can see the slanted top of the Citigroup center on the far right.

If you get a place in on of the high rises, this might be the view outside of your window. Not bad eh?
Empire St. Bldg on left, UN on right

Long Island CIty gives unsurpassed skyline views

Heres another shot with the Empire State Building on the left and the UN on the right.

Long Island City right now is a combination of industrial and residential zoning. The section next to the Vernon/Jackson subway stop is gaining momentum with a few new restaurants, art galleries and other businesses.

Personally, I don't foresee Long Island City becoming the next Williamsburg Brooklyn (too hip for school art crowd). But I do foresee the real estate prices here breaking the stratosphere sometime in the next ten years.

vtnyc's Albums
Title [Click to view]Travel YearPictures
Queens Real Estate Is Booming...look here.- 3
Why I never use my ATM card overseas...- 
People Watching In New York City- 8

Comments for vtnyc about World
WigglesMalibu Sun Jun 14, 2009 10:33 UTC
 Hey Craig! Happy B-day ...I'm living in shanghai atm. You'd love it here. Hope all is well with you. Mike
cheap_tourist Sun Jun 14, 2009 04:19 UTC
 Happy Birthday, Craig! Hope all is well with you in NYC.
martin_nl Sat Jun 13, 2009 14:12 UTC
 Happy birthday Craig!
penpoison Sat Jun 13, 2009 13:25 UTC
 feliz cumpleanos from brooklyn.
See More Comments

About VirtualTourist10 Great Things to Do On VirtualTouristContact UsPress CenterHelpUser AgreementPrivacy Statement
Virtual Tourist® ©1994-2009 VirtualTourist.com, Inc. All Rights Reserved.