This is how Amazon HQ2 could impact Long Island City’s residential market

Though Long Island City’s residential building boom has been the source of some consternation, Amazon potential deal to put half of its HQ2 in the neighborhood could turn that narrative. “I actually had some concerns about the inventory in that area,” said developer George Xu, who described the pace of development as “senseless.” “I would not be worrying about the Long Island City area anymore,” he said. See related: Amazon could turn LIC into a company […]

Source: Real Estate

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