$1000 Per Square Foot in the LIC

1.

LIC all the way baby! 2007/2008 will be the year we even beat Manhattan prices. :)

---kyle

2.

what a bargain!
now that is a savvy buyer who knows a steal when then see one

3.

this apartment has a huge terrace that's not included in the square footage

4.

omg. terrace? I don't care if it has a helicopter landing pad. Over $1000 sq ft in LIC?

WTF?

HUH?

5.

dear lockhart:

thank you for reading my email.

-csk

6.

#4-

Thsi ain't your parent's LIC. Stop by and see what everyone is talking about...one stop on the #7 train out of Grand Central.

7.

Yeah, tranny hookers and dirty streets, no shopping- it's one stop to nothin'

8.

don't forget all the crack you can smoke just a short distance away at the lovely queensbridge projects
come one come all

9.

don't listen to kyle, stay away from lic its garbage :)

10.

$850 psqft in dumbo - what a bargain!

11.

unfortunately, still a piece of shit building.

12.

Dont be knockin on Queensbridge son...We got them best crackrock in the bouroughs son

13.

LIC believer here. Alhtough, this paricular unit is a bit pricey, there are plenty of good opportunities in LIC. The center of town is growing by the minute as quality businesses move in and the location is 2nd to none. That includes most parts of Manhattan.

14.

Excuse me, i have this $1.1 million dollars burning a hole in my pocket, ive been looking at this loft in manhattan. Oh...you have a place exactly the same size as what im looking at in LIC? Oh and it doesnt have the convieniences of living in manhattan?! AND its in a neighborhood that hasnt come into its own yet?! Would i feel comfortable and safe walking outside the small boundaries of the neighborhood? No? I'll take it!

15.

I believe the unit in question is a ground floor unit with 1500 SF of outdoor space.

16.

looks like a dump.

17.

anon 2:19 - you believe wrong.

18.

someone paid over a million dollars for a ground floor unit in long island city!!!! LOLOLOLOL

i knew there were idiots in this world, plenty of them but this takes the cake.

19.

14 - That 1100 sft Manhattan loft is closer to 1.5m

20.

A few points.

This unit has a large terrace (If I had to guess it looks like a 1,000 sq. ft.), so do a straight indoor sq. ft. / price comparison is a little misleading.

Once you get past the phobia of leaving Manhattan (which seems to be pervasive on curbed) it makes perfect sense. If you go to any real estate site and do a search for a 2BR condo with terrace in Manhattan in a newly constructed building the prices are easily 2 to 3 times this, and most of the terraces on those units are a third of the size of the one on this unit. So if you don't care about having a fancy address in Manhattan to impress your friends with and would rather get more bang for your buck it makes great sense.

You can barely find a 650 sq. ft. 1BR in new construction in Manhattan for this price. There were were also plenty of $1000+ per sq. ft. units that sold in Arris Lofts.

21.

thanks for the tips mr./ms. real estate broker.

don't know what listings you look at, but clearly not the ones i look at if you think it takes over a million to buy a 650sf 1 bedroom in manhattan.

22.

Bargain? Dude, this is still LIC. If you want space, move to Detroit.

23.

I've got a TI-82.

24.

The shills are out in force. What was that frontpage NYT story about today? Better off renting?

You don't say!

25.

Has anyone factored in the medical bills once your insurance has paid out its maximum? You can grow a 3rd arm just from a casual stroll around LIC. Can you say toxic plume? The Olympic Village cleanup was valued at like 600 million for that area. Can't wait to see the tort lawsuits in about 10 years...

26.

News Flash - 5SL--- ARE NOT LOFTS. Let’s be serious here. I don't even think the ceilings are more then 9 1/2 feet. Loft Like maybe-- just because of the name, but other than that there's nothing lofty about that development.

Someone needs to find this clown that paid this much money for this "loft" and beat him with some sense.

27.

What happens to people who make less than a six-figure salary? Now they can't even afford LIC, Queens!!!!! Where does the middle class live nowadays????

28.

"What happens to people who make less than a six-figure salary? Now they can't even afford LIC, Queens!!!!! Where does the middle class live nowadays????"

you move to the bronx.

29.

There's plenty of real lofts downtown (fidi) around $1000 per sq. ft. I can't believe someone really paid this...

30.

I, and many others, would rather live in LIC than Manhattan. Maybe some parts of Manhattan are more desirable but there are certainly those that are not. I bought in LIC and can't wait to move in to my place. And if we moved to Detroit, we wouldn't have the greatest city in the world 5 minutes away. Also, those of us that bought in LIC are happy that ignorant people don't see the beauty in it. Makes the neighborhood a better place to live without you here.

31.

LIC is so close to Manhattan it's practically in Manhattan. Literally seconds from Manhattan, if that.

32.

"Maybe some parts of Manhattan are more desirable but there are certainly those that are not."

i actually can't think of one manhattan neighborhood that you could take a poll and find that people would prefer LIC over.

i'd rather buy in washington heights than in LIC.

congrats on the purchase. better you than me. long island city to me is one of the most depressing areas in the greater metro area.

33.

Don't be silly #27! Under 6 figures isn't middle class - that's lower class! Middle class is $100-$500K.

34.

Don't forget the most crucial aspect of all of this - the building is "Fresh Direct" approved. Puhleeasseee.

35.

#32

Washington Heights over LIC?!? The commute is better in LIC...and the crime is too. Why W. Heights? Do you have incredible views of the 4th of July fireworks from W.H.? Halfway point of NY Marathon? Elephant walk when the circus comes to town. Water Taxi Beach? Ferry access 1/2 of the year? LIRR stop in W.H.? Queens-Midtown/Queensboro Bridge/BQE access?

36.

"You can barely find a 650 sq. ft. 1BR in new construction in Manhattan for this price." Really????? C'mon man! I just did a search on corcoran for 1 bedroom's below 59th Street listed for under a million. And i turned up 159 listings, and thats just corcoran. And the vast majority of them were around 900 Sq.Ft.

37.

fresh direct would approve my ass if it were a little larger. i do accept all deliveries in the rear.

laughable.

38.

I feel that LIC is much more desirable than the upper east side/murray hill/midtown east for example. If you don't have a lot of money and a view of central park then you're running a rat race with everyone else. Waiting on line for 30 minutes to get an H&H bagel. Please..There's absolutely no neighborhood feel in these parts of the city as well. LIC living includes peace and quiet, the affordability of a car and possibly even outdoor space. Also, you forget. We can go to Manhattan whenever we want. And then retreat to our neighborhood when it's time to unwind. sorry you don't see it that way but actually i'm glad. We're happy having our own vibe out here.

39.

I paid a visit to LIC last weekend and unless I was high on crack, you wouldn't find me walking those streets after the sun goes down. But that's just me...

40.

people who are glad about where they live don't come on curbed to defend their neighborhoods.

they have confidence that it's great already.

41.

I see the LIC hate is out in full force. I guess hate is better than indifference. People cannot bear to think that there are other great neighborhoods in the city other than their own or outside of Manhattan and some part of Brooklyn.

42.

um, not true 3:05. while i prefer manhattan and brooklyn, i'm not averse to queens. i happen to think astoria is quite lovely, in fact.

lic is a hellpit.

43.

There may be 159 lisitngs under 1 million dollars but most condos in LIC are not that much. They are much more reasonable. Do the same search for under 700k in New Construction and see what you get.

44.

John, the lines at your nonexistant bagel store in LIC will be much, much shorter.
And I'm not knocking the nabe, just the price per nabe. I'm sorry, it just seems silly.
PS- Are you the mystery buyer of $1032/psf pad?

45.

I don't understand how they get away calling this building a loft when you have 8' cealings......btw, who the hell wants to pay all that money to live across from retirement homes....those buildings are an eye-sore....i'd pay more money to live in dumbo and face the BQE........

46.

"Washington Heights over LIC?!? The commute is better in LIC...and the crime is too. Why W. Heights? Do you have incredible views of the 4th of July fireworks from W.H.? Halfway point of NY Marathon? Elephant walk when the circus comes to town. Water Taxi Beach? Ferry access 1/2 of the year? LIRR stop in W.H.? Queens-Midtown/Queensboro Bridge/BQE access?"

firstly, i don't live in washington heights, merely making an example of a neighborhood i prefer over lic. and the difference is that wash heights at least has grocery stores, shops, movie rental, restaurants, the cloisters.

those things are a little more important to me than an elephant walk and some fireworks.

i can see though if you lived in lic how those things would be so thrilling.

47.

lots of nice strrip clubs too. good to go to after hitting the crackpipe

48.

it's not called lower-class....it's called working class you fool! get your tax brackets straight......

49.

"Ferry access 1/2 of the year?"

LOLOLOLOLOL

perfect. now i can get that 6 mo a year job i was looking for!!!

useless.

50.

#46

The cloisters excite you? Id' rather have the fireworks.

51.

Michelle,

You got me..It was me who bought it..No, I'm kidding but "LIC Defenders" are not saying that the neighborhood is perfect and that it doesn't need amenities but that when it gets these amenities it will be a great place to live and why not be a little bit speculative when buying a condo which real estate is in the first place. The prices may seem high and to be honest when I bought thought my place could have been a little bit less considering the lack of certain things. But, if the units were priced much lower in LIC there would literally be fights over them which makes the prices correct based on supply and demand. ALso, strictly based on living and if everything in life were free, i would not want to live in Manhattan. What for? I guess the people living in LIC are 1/2 city 1/2 suburban type people.

52.

clearly you've never been to the cloisters then.

it's one of the most gorgeous park areas in new york.

i won't even say what i think of someone who would prefer fireworks over that.

53.

i have a friend who did some work on this building and he said they used the lowest grade of materials they could find.

i wasn't shocked.

and for that, someone spent a million bucks.

absurd.

54.

I'd say Williamsburg water edge condos may demand that much, but LIC... really? That's a bit crazy.

However, good point on Tunnel, Bridge, BQE access - it is a good location if you work in mid-town and have an underground parking garage for weekend travel.

Does this Condo/Loft/8foot ceiling thing come with a parking garage?

55.

I'm a white guy who moved to LIC a year ago. I've grown to accept my status here as resident victim. It's ok, these black guys have hundreds of years of rage to deal with.

One day last summer, I was walking with my Asian girlfriend (all self-hating white guys like me have one). A bunch of black guys were harrasing us, and humiliating me in front of my girlfriend.

How embarrasing!

Then 3 of the black guys started fondling my girlfriend in front of me and saying I wasn't a real man! Well, they had the rage to deal with.

I was shocked when my girlfriend started sucking off all the black thugs! She said I wasn't a real man who could defend her. I couldn't argue with her. These black guys have their justifiable rage and violent tendencies to deal with.

Well, that's all. LIC is filled with guys like me... mild mannered characters who walk around with male purses, shaggy hair, and talk about global warming with our Asian girlfriends.

Come visit me... and buy here if you think you fit in! I can bring the harmonica, whip out some granola, and we can sing 1960s folk music while we talk about that evil George Bush.

56.

It's not about whether LIC is "nice" or not. It's about what it's worth. Brooklyn just went up 10% across the board I guess.

57.

From what I have noticed on Curbed, people get rather bitter when they get priced out of buying in neighborhoods they don't even want to live in. They also love talking about the bubble bursting, which means they don't own, right? I think people should take solace in the NYTimes article about the merits of renting, and leave people that are buying in nabes that are supposedly less desirable alone. Seriously, why the vitriol? Schadenfruede is so yesteryear.

58.

"People cannot bear to think that there are other great neighborhoods in the city other than their own or outside of Manhattan and some part of Brooklyn"

Name one area of Manhattan that is as unappealing and lifeless as LIC.

If you want more space than Manhattan and still want to be close, why wouldn't you choose Brooklyn Heights, DUMBO, or downtown Brooklyn over LIC? One subway stop from Manhattan. Prettier neighborhoods, actual shops and stores, etc.

59.

This is the first time I've checked out the website, and while I can't really opine about LIC, wtf is with these layouts? Half of the (non-pro) posters here could have designed a better apartment. As for size, this isn't the only new construction to show such small "living/dining" rooms, but this is just way too much money for this. But maybe it's the new reality, and I just don't get it. It's all relative of course, people anywhere else would be shocked at what I paid for my place, but this just seems especially bad value to me.

60.

"Name one area of Manhattan that is as unappealing and lifeless as LIC."

can't think of one.

61.

Fedor, you are absolutely correct.

62.

Memo to bagel complainer above...there are no H&H Bagel shops in UES, Murray Hill or Midtown East. Sorry to rain on your rant.

I'll be sure to wave hello next time I'm going thru the EZPass booth in your awesome nabe.

63.

to each his own...i guess. only time will tell if the investment pays off. all i know is, if i could afford a million $ home, it wouldn't be in LIC. but hey, if keith richards can have groupies then why not LIC?

64.

I went to the 5SL and I have to say that it's not worth the asking price. The Elliman guy was arrogant too. I asked him if any units had a view, and he said that the building is not about views. I guess it is not about location either, or affordability. As far as luxury, is nice, but not great. He also told me that "the sponsor is not accepting offers", so I guess some sucker will be paying $1,000/sft. IMO, you could buy in Park Slope or Dumbo for that much, which are much nicer than LIC.

65.

"The Elliman guy"

oh, you mean poster #20?

66.

First off, Brooklyn is more expensive for the most part than LIC. And not by a little but by a lot. Maybe we think that as LIC gets all of these shops and stores etc. the real estate will take a false jump and we can flip our places and gain a big profit. Maybe we work in Midtown and want to get there in 10 minutes. Maybe our families are from Long Island and Westchester and we don't want to make them drive an extra 1/2 hour on the BQE to see their grandchildren. Maybe we don't want a hundred stores and shops which attract crowds on the weekends. I personally think there are 3 or 4 areas in Manhattan that are worse than LIC. much worse. Again, as #57 said, people are bitter that they were priced out and they wouldn't have been if they didn't hesitate so much.

67.

#36 Try again.

Of the 159 that you found how many were new construction, in an attended building, and had a terrace?

68.

#64 halstead has the exclusive for 5sl..not elliman. elliman is a different kind of scum when it comes to brokers.

69.

the difference john is that people actually enjoy and look forward to moving to brooklyn whereas people are stuck with lic. no one would prefer it, given a choice.

not anyone without severe eyesight problems, anyway.

sad that you don't have higher standards for yourself.

70.

To 3:27, Elliman's not the broker for 5sl. Get your facts straight before trying to lie.

71.

48.
it's not called lower-class....it's called working class you fool! get your tax brackets straight......

I know it's not pc to call it lower-class - I was being funny, dude.

fyi though, these aren't tax brackets, they're socio-economic classes (or just economic classes? hell, I don't know, but they're not tax brackets (you fool).

72.

"#36 Try again.

Of the 159 that you found how many were new construction, in an attended building, and had a terrace? "

no one CARES. get a grip, dude and just suck up the fact that you bought an overpriced shitshow.

73.

"attended building"

i should hope so.

do they factor in the cost of bullet proof vests for said attendants in the maintenance?

74.

Wow, this is absurd. i'm a recent buyer in LIC and love all the animosity towards the area. Seven, I think Brooklyn sucks and is filled with a lot of hipster losers and lowlifes are found everywhere. Have fun with all that. LIC is beautiful and our standards are set high. Too high for you to see with all the filth in Brooklyn. I wouldn't even visit Brooklyn to have lunch for fear that some dude from Cleveland would try to tell me about the party he was DJing that night..

75.

Someone started some LIC bashing and didn't invite me?

Jake

76.

I wonder how many people are just bitter because they don't have a million dollars to spend on a "shitshow." NYC is a strange place where people (that by all standards of living are doing pretty well) are bitter because they see people with their Wall St. bonuses, fancy cars, multimillion dollar condos, etc., every day and they are too shallow and envious to not let that get to them, and it manifests in places like Curbed comments. Seriously, people are starving in the world. Get over having to rent, and bashing people that don't have to. People that are happy with their lives and circumstances don't need to bash. Why would a place like LIC even concern anyone that is happy living in Manhattan otherwise anyway?

77.

"LIC is beautiful"

i've heard a lot of funny comments on this board, but i'm sorry....THIS IS ABSOLUTELY BY FAR, WITHOUT A DOUBT THE MOST ABSURD.

say what you will about lic, but BEAUTIFUL?

78.

"I wonder how many people are just bitter because they don't have a million dollars to spend on a "shitshow." NYC is a strange place where people (that by all standards of living are doing pretty well) are bitter because they see people with their Wall St. bonuses, fancy cars, multimillion dollar condos, etc., every day and they are too shallow and envious to not let that get to them, and it manifests in places like Curbed comments. Seriously, people are starving in the world. Get over having to rent, and bashing people that don't have to. People that are happy with their lives and circumstances don't need to bash. Why would a place like LIC even concern anyone that is happy living in Manhattan otherwise anyway?"

so i take it it's ok to assume that you are very unhappy with your life, then???

hahahahahaha. i suppose you think your comment wasn't a bashon someone?

you, my friend are the king of the curbed idiots.

79.

I think a view of Manhattan and the skyline and the sound of the east river at night makes for a beautiful place. I think without a doubt the most absurd thing I've heard on this board is that someone wouldn't think it was beautiful.

80.

Shut up Lindland. I will bash you.

81.

to each his own then, joe.

i'd HATE to see your girlfriend.

i'm guessing you think janet reno should have won miss america also...

82.

LIC is beautiful, you're just too narrow minded to see any type of beauty other than where you are from. Grow up 77, Long Island City is a wonderful place it's always been...and it was more beautiful when the twin towers were up cause you could of seen them from Jackson Avenue. But what do you know.....anyone that's been here knows better than to bash LIC, it's a great place to live and it's up and coming faster than you can imagine! Much success to LIC and everyone who has purchased a home here.

83.

Maybe this isn't so crazy.

First, the building is across the street from a State Park, which means no one will ever build to block your view of the river and Midtown. Oh, wait, they're building HOW many stories across 5th Street?

Other plusses:

- Vernon Ave is rapidly gentrifying. Three years from now it may be as nice as Nassau Avenue.
- one stop from Grand Central, three from Times Square, yet only 45 minutes from Downtown and the Financial District.
- Short drive/bus ride from the West Bushwick scene.
- Garage for cars. How easy is it to get this in Manhattan? Oh, that easy, huh?
- There's a LIRR station! That doesn't go to Manhattan or Downtown Brooklyn. And there are only five trains a day. On weekdays only. During early rush hour only. To/from Jamaica only.
- This area of LIC is relatively low in crime and is far from the projects and rail yards. Three blocks is far, right?
- This is as far west in Queens as you can possibly go. You can be in Manhattan in less than 5 minutes. If you drive and there is no traffic.
- On the 7 train! You probably only have to wait for 5 or 6 packed trains to go by in the morning to get to work because they were loaded in Flushing and Jackson Heights and no one EVER gets off at Vernon-Jackson at rush hours. Well, you can always get on the E Train instead, that's only 10 blocks from here!

$1,000,000 for a 2-bed isn't so crazy if you consider that if you already have a shitty 2-bed in Manhattan, you can easily sell it for $800,000 or so. With a 200k mortgage and 1k/month in common charges, you can buy this thing for less than it would cost to rent a comparable space.

You know, if you put $800,000 down.

I'd be stupid not to buy!

84.

long island city might improve. it might be the next hot spot... prices might go up to this level everywhere in the hood, it might become desirable, etc.
but this building will always be a thomas o'hara building, and for that, the buyer looses.

85.

LIC is in friggin QUEENS. The only thing LIC got going is PS1

86.

I'm not sure why Janet Reno didn't enter Ms. America

87.

You forgot to throw in a few other tidbits about Washington Heights #46- it's noisy, it's freaking noisy, thanks to the overabundance of Dominicans who have no idea that anyone else lives in their vicinity. The chicken bones on the street, and the volcanic blasts of music coming from their SUV's parked on every corner is also an added plus. I'll take LIC.

88.

Queens rocks. We finally got McCondo's to go along with our McDowell's.

89.

csk and regency working together against the hoards of LIC bashers?

The world is ending.

Jake

90.

yes, i suppose i did forget those things 3:55.

maybe cause i'm not racist.

91.

These posts would be much more illuminating if people had to specify their rent vs. own status, income level, race, and current nabe. We could probably learn a thing or two...

92.

BTW, folks remember once you take a bridge or tunnel outside manhattan, your head explodes.

93.

LIC >>>> Manhattan >>>> Detroit >>>> DUMPO

94.

"You probably only have to wait for 5 or 6 packed trains to go by in the morning to get to work because they were loaded in Flushing and Jackson Heights and no one EVER gets off at Vernon-Jackson at rush hours."

This is complete bullshit. I take the 7 every day. Everyone gets on without a problem.

I'm not a booster for LIC by any means but you could at least stick to the truth.

95.

74:
"Wow, this is absurd. i'm a recent buyer in LIC and love all the animosity towards the area. Seven, I think Brooklyn sucks and is filled with a lot of hipster losers and lowlifes are found everywhere."

Brooklyn and Queens are both pretty big places. There are parts of Brooklyn that are great and parts that are crap (however you would choose to define both of those statements). And as for Queens, if you don't think LIC is great, perhaps I could show you a few things in LeFrak City?

96.

"i have a friend who did some work on this building and he said they used the lowest grade of materials they could find."

Maybe they are using cheap concrete, because all they have done is pour concrete for the foundation and floors so far.

Its so easy to spot BS. Half the posters here have no clue what they are talking about and probably couldnt even find LIC on a map.

97.

he was one of the people who worked on the design, crackpot.

i think he has some idea of what materials will be used since the budget left room for little more than the crappiest of the crap.

98.

wait a minute????? you mean to tell me that some joker spent this much money on something that has yet to be built in such a crappy locale?

jeez.

i'd take bushwick over lic anyday. at least there you can have an ACTUAL loft, still with no amenities but for literally half the price.

99.

"QUEENS"?!?!?!? Adrian Brody, Marty Scorsese,lou Armstrong,Tony Bennett, James Brown,Francis For Copolla,Rodney Dangerfield, Simon and Garfunkel, the Ramones Birth of PUNK ROCK,Dizzie Gillespie,John Gotti, Donna Karan, Cyndi Lauper, John Leguezamo, Luci Lui, LL Cool J, John McEnroe, Isamu Noguchi,NaS, Phil Rozutto, Nancy Reagen,Al Roker and DONALD TRUMP....so you better check yourself....so don't start trashing a boro that has produced such talent...and is the most diverse boro in the WORLD!

100.

#99 Best post of the day..Go live in Manhattan losers..

101.

I am post 100.

And LIC sucks donkey dick. Particularly at $1,000 psf, terrace or no.

102.

Tell me, #99, do any of those people you've mentioned still live in Queens?

103.

RACIST?? You're using that tactic huh? Did you ever live there? You stupid bitch- come up with something else more creative. I have Dominican friends who wouldn't even walk through that mess up there, let alone live there. So take your politically correct cunt up there check it out on a warm summer day. I'm assuming your female based on the fact that chicks cry racism more than guys.

104.

Developers cut corners wherever they can. Most construction is pretty shoddy. I checked out some places in Manhattan built within the last few years, and I saw popcorn ceilings. I didn't think they still did that. You know if they are putting up popcorn ceilings, which you can see, they are cutting corners everywhere you can't see. At least Toll Brothers has a relatively good track record, at least in the DC area, where I am from. And lest I get flamed for being a 5SL apologist, I did not buy there, nor do I have any intention of doing so. LIC has potential to be like Arlington here though, from what I can tell. Used to be lots of used car lots and not much else, but the area gentrified rapidly, bringing condos, restaurants, retail, etc. Mass transit into DC is quick, so it had that going for it.

105.

The best part about LIC:

The low cost sex from the tranny hookers underneath the Queensboro Bridge. They sure can suck a basketball through a garden hose, let me tell ya!

And those strip clubs and porn shops. It saves me the trouble of teaching my kids the birds & the bees.

106.

When I was a little girl and would be invited over to my friends houses (or them, my house) for socializing, I remember only thinking and wondering about what their house would look like or how their house would be furnished or the layout/architecture of their house. I would live for it. I developed this joy of anticipation after seeing the reactions of our visitors. They would always comment on specific architectual features and I would listen to my mum and our guests convers for about 30minutes about the home. Not just my home, but homes in general.

Im a big girl now, and live in New York. That joyous anticipation I used to encounter as a little girl before I would go around to a friends house for the first time has gone. A NY friend of mine made a huge spectacle about having dinner at her "fabulous" new place. I couldnt wait. I got there and was firstly horrified by this hurrendous looking building that mirrored that of London hospital building. Once we entered her apartment, my immediate thoughts were "mediocre" Since then, I have been to many a new "fabulous new pads" and they look exactly the same as the rest. No difference or imagination. Infact, these days, i can almost predict what the bathroom vanities look like before ive even entered the glass buildings. Oh, and that first building I went into? That was in LIC

107.

I see Tony bennett at Manducati's on Jackson Avenue in LIC every summer.......My point is that many of these talented people lived here at one time cause Queens is a fresh hood, it's been overlooked for donkeys years and it's finally getting it's recognition it deserves! so Drink up butter cup!

108.

#87 & #103 (aka Joe) is still flabergasted as to why a larger amount of white people still choose Washington Heights over his beloved LIC.

Meanwhile, he went to get a blowjob from a tranny hooker on Vernon Blvd, right by that salt mound.

109.

Let's all move to Los Angeles! It's cheaper than Queens, bigger homes, yards, swimming pools, garages and the Beckhams!

110.

I think what people should be talking about in LIC is the Citibank Building. You know, that company that just fired 1,600 people in NYC.

Renters hoping for the bubble to burst (and buyers hoping it keeps going) should think about why the bubble might burst - most likely a recession or economic slowdown. (Citibank is laying off people to cut costs, not a great sign. Not to mention credit is drying up to the subprime segment, so they can't continue to buy stuff like TVs, cars, etc, that help support the economy.)

In a recession, no one wins. Home prices drop because people are laid off, can't pay their mortgages and have to get out. Unfortunatley, renters get laid off too, so they can't get mortgages either. We won't bother to talk about crime and other things that come along with an economic slowdown, but you get the picture.

The question is, will LIC gentrify before something happens to the economy? If it does, this loft might eventually be viewed a good buy. If it doesn't, the owner is gonna have a hard time selling it.

111.

#105, I really doubt the tranny sex will remain low cost as the neighborhood gentrifies.

112.

108: I'm not those other 2 posts..You're an idiot. keep dreaming of being able to live in LIC...sucker........

113.

Holy Stepford Wife, #106. I would love to see the grand residence graced by your occupancy. Seriously, do you ever get laid?

114.

Ah... Joe! I see you're back. How was it?

115.

Do you idiots even take into consideration that for 10 years you save probably 700-800 dollars in taxes per month. The taxes in Manhattan are ridiculous. True, there isnt anything you can do about it. But for 10 years you can. Ill be at home in my "hell pit" sipping me pims and using my extra money for something better than TAXES!!!!

When your looking at a $4,500 dollar mortgage, $750 dollars in common charges, and $200 in taxes. Those taxes would be upwards of $800 bucks a month on a place like that in the city. I know bc I paid it. And I will pay it again at one point. But for 10 years. I will save approximately $7,200 a year. That's approximately $72,000 over 10 years.

Oh brunch? In EV? Be there in 20 min. Ill get the check.

116.

Gee - with all those firings maybe they'll condo convert the LIC Citibank building! I got dibs on the top floor penthouse triplex! And I refuse to pay anything less than $1,500 psf!

Call me ;)

117.

#97-All the TB developments I've seen have had quality construction and materials. I sure as hell don't work for them, but have done business with them and I can't imagine they would stake their name on crappy materials. Perhaps the design team was upset with the crappy mechanical pencils they got that day?

118.

Hey geeza77, you can use that $7,200 for a Sloman's Shield on your apartment. They do alarms for apartments too.

Maybe it can cover some of your increased car insurance rates for living in Queens. And if you don't have a car, it can probably cover 6 months of Taxi rides... you don't want to take that walk from Queensboro plaza at night.

119.

Thats right I'm man enough to admit it I'm one of those.
But for christs sake someone actually paid $1000 per sq foot to live in LIC.
Money has no value any longer.

120.

Hey 118,

Stop being a little bitch. You're probably that very guy who gets alarm systems for your apartment bc your so scared of everything. Have you ever even been to Hunters point. Apparently not, bc the stop isnt queensboro plaza and the neighborhood is not dangerous. Dont make this out to be bed stuy. Ill give you LIC near QP. But even that isnt that bad.

121.

#110 Citigroup is triming their workforce after 15 years of acquisitions. The acquisitions are finally settling down and there is a bunch of slack jobs that are unnecessary anymore. Hardly an indication of a recession.

122.

This thread has been the best part of my day.

123.

Geeza77- you bring up a good point about RE taxes on this building. I assume by looking at the listings at Halstead that the taxes quoted are abated. Has anyone been in to see the units and asked what the non-abated taxes will be? I bet these units will have whopper RE taxes.

124.

Now I can't afford LIC. I guess I've just entered the working class.
Who would of ever figured, with 200k of income I would become part of the working poor.
Only in NYC kids.

125.

Slomin's Shield - Done.

What will I do with the remaining $64,000 I have saved? Probably, put money down on another place.

Keep making $90,000(if you even do) and renting. That will grow your money tough alarm system man.

126.

#121
And all those Mortgage companies laying off people are doing so because business is great as well.
Or is it because they figured they could replace humans with lower paid monkeys. I mean with all those idiotic loans they gave to people with no jobs you only need some one with an IQ of 10 to make those kind of decisions.

127.

You're telling me, Michelle. My name is not even Joe...

128.

Why are you ruffling your Feathers???

Just over the 59th Street Bridge and a 5 minute subway ride into NYC......Within 5 - 10 years, LIC will look like Manhattan.

Again, stop ruffling your feathers...by the way...I know a great building going up.
And the people developing it are not scared...so you should not be scared. Don't smoke to much Alaf..you might become scared of even your own image.

As a close friend said "chetori khahar koseh!"

129.

Hate to break it to you, but this is hardly news. There have been a number of $1000 sqft condos already sold in LIC.

Be mad if you got a degree in art history or literature and are working at some shitty job for $50K a year struggling to pay off you college loans. Now there is another place where you can't afford to buy, but don't hate on LIC.

130.

"Be mad if you got a degree in art history or literature"

yeah, hate on people who actually do something interesting and worthwhile for a living. sounds reasonable.

131.

Citicorp isn't leaving the area, they're moving more of their people in. They just built a second office building right next to the first one.

132.

"Citicorp isn't leaving the area, they're moving more of their people in. They just built a second office building right next to the first one."

bullshit.

133.

#132 You have never set foot in LIC or read a paper in recent years have you? When you wake up from hibernation you will find the world is much different.

134.

"About 1,600 net jobs will be eliminated in New York City, where Citigroup is the largest private employer" - New York Times, April 11, 2007

135.

i can understand how you'd be out of the loop on this news, 133.

i don't believe they deliver the times to lic yet.

136.

I suppose those 1,600 jobs are not down on Wall Street. They are DEFINITELY in LIC. Well, Because LIC is a shithole. Makes sense.

137.

you said it. shithole indeed.

you live there...

138.

I just stumbled upon this thread and breezed through the comments.

Who are all of you? Don't you have jobs? How do you sit and post constantly all day, namely "anon and John" and where do you live that your places are so unbelievable. That includes Long Island City which is not that great and anywhere else you live which is not that great.

Im assuming you all live on Central Park West overlooking.

Grow up kids.

139.

Yo 137,

I'm real curious to know where you live?

Care to share?

140.

tribeca

141.

This is by far the most stupid conversation I've ever read. Who the hell argues about neighborhoods. What a dumb website full of losers.

142.

so stupid, berrygirl that you're on it posting a comment!?!?

dumbitch.

143.

Manhattan is so full of "amenities" and yet you all sit on your computers all day. Good use. Go use your amenities geeks.

144.

Those of us who are sane are merely stating that paying $1000.00/sqft for LIC is preposterous and appallingly stupid unless there is a hidden treaure buried in the laundry room of the building.

145.

Washer/Dryer in unit.

146.

love you 145.

best comment of the thread.

147.

Pardon my stupidity. If there's a W/D in the unit, then it's completely worth $1000/sqft!!!!

148.

pardoned

149.

I love you too 146. Maybe we can make a little 145/146 love. Unless your a guy or your a girl but have backhair.

150.

2nd Citigroup tower article

http://www.lexdon.com/article/citigroup_tops_out_two_court/67139.html

151.

thanks for the link to the year and a half year old article.

152.

54. A parking spot in the building is an extra $45,000.

153.

DUH, 150, October 2006 is a year and a half ago. Get with it, it's 2008 now.

154.

151 - Try six months, but if it was on the front page of today's paper it really wouldn't matter would it? You would still deny its existence. What an ass clown.

155.

Someone struck a nerve with 130...

156.

i am 156

157.

Sadly, if there are more and more people with the means to buy 1.2 mil condos keep flocking to LIC, then maybe the place will be the next Upper East Side. Blech.

158.

C'mon guys, keep it alive! We can reach 200 comments before the day's over!

159.

That accounting degree must really be working for ya, eh, 155?

160.

I apologize for adding a tidbit of my own, in what has otherwise been a particularly informative and intellectual thread today, but can you tell me why exactly the poster is an "assclown" when #150 seems to think his article from October 2006 negates the news from TODAY'S front page New York Times article on the laying off of 1600 NYC Citigroup employees????

161.

Hi haters... man, does this board get harsh.

Some information to inform all of you on your comments...

This unit is 7E on the south west corner of the building. This unit will have unobstructed views of NYC down 48th street between the northern most City Lights building and the first building in the Rock Rose development. This view will never be obstructed due to Gantry Park. Also, the terrace on this unit is a wrap around corner terrace clocking in at 1033 square feet.

Please keep thrashing my decision to move on this project but I'm very happy that this unit has gone into contract... go 5SL! Any questions? I have the offering book...

Cheers.

162.

"I'm very happy that this unit has gone into contract"

i should say so, considering it will no doubt be the last unit to be under contract in some time...

with any luck, the moron who paid a million bucks for this place ends up in an emtpy building.

163.

the best part about this sale is that if and when lic actually does gentrify (although there was an article in nymag like 7 years ago saying it was the next big hood and nada ever happened) but let's just say if...

the only things that people in the hood will be interested in are starbucks, duane reade's and banks. sounds loverly.

do you people realize you can live in brooklyn heights for 1000sf?

164.

I too am enjoying all this animosity toward my LIC. Maybe you guys should check out my part of LIC at only $500/sf and we are right off the East River. We have shopping, restaurants, cafes, etc. The new building I live in is full of friendly people from all walks of life ethnically, religiously, racially. No balconies or terraces here but we do have a roofdeck, and a doorman and washers and dryers in the units...high ceilings too come to think of it. Oh and did I mention we pay $500/sf to live in LIC. Come up the river a bit, there is a life there!

165.

i heard the buyers name was helen keller.

166.

"This unit will have unobstructed views of NYC down 48th street between the northern most City Lights building and the first building in the Rock Rose development. This view will never be obstructed due to Gantry Park. "

is this supposed to be impressive?

by the way, you also forgot to note the views of the public basketball courts and riverview north and CL parking garages, as well as all the noise from the courts and the 4 lane boulevard that is 48th ave.

i don't care what anyone says, this person paid way too much for this place, but my guess is that person probably doesn't care anyway.

and for the record, i am bullish on LIC.

167.

Greatest curbed thread EVER!

A few years ago a LIC thread would only have about 17 posts of hate...now we have over a hundred!

LIC- Best thing going in NYC RE.

:)

168.

If apathy destroys, then I'm afraid LIC may go forth and prosper.

169.

lic- is the shyt, but straight up and down they jerked you on this unit if you paid the full asking price. if you paid full asking you better be getting blow jobs from robert toll when you move in.

170.

Robert Toll Jr. bought it.

171.

if it's actually in contract, the buyer paid asking. maybe he/she got some concessions on closing costs and/or some other throw-ins, but i doubt it was anything too substantial given the ease with which 5sl has been selling thus far.

there's no justifying this, dude got ripped off.

172.

that would make sense. i would still be looking for a head job if full price was paid.

173.

Midwest transplant fuckwads need to stay out of queens yo. You already ruined Northwest Brooklyn. Hick-hipsters and yuppies from Ohio and Wisconsin gonna get cut up soon in QB. For real son. Maspeth Bananos represent. New York For New Yorkers. Forever.

174.

#173

Please, let's not sully Maspeth's good name in all this.

175.

banano - NW BK is brooklyn heights.