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Long Island City Faces Condo Development Glut

Long Island City Faces Condo Development Glut

Javascript is disabled in your web browser.For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page.Nearly 60% of condo units built in Long Island City, Queens, since 2018 remain unsold. (iStock)Over the past decade, Long Island City became the for New York City’s new development market. Its proximity to Manhattan and mass transit, the availability of relatively cheap land and a promising waterfront combined to create a wave of for-sale towers, each one upping the next in terms of amenities.How those bets will pan out is...

July 6, 2020
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Jollibee to Open Flagship at 1500 Broadway

Jollibee to Open Flagship at 1500 Broadway

Javascript is disabled in your web browser.For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page.1500 Broadway, Jollibee (iStock, Google Maps)Jollibee is betting on Times Square.The popular Filipino fast-food chain has inked a lease to open a 7,127-square-foot flagship at 1500 Broadway, between West 43rd and West 44th streets. The space includes 3,127 square feet of ground floor retail space as well as 4,000 square feet on the lower level.Jollibee has more than 1,300 locations worldwide, but just two other New York City...

March 25, 2021
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Group’s Challenge to Inwood Rezoning Fails

Group’s Challenge to Inwood Rezoning Fails

Javascript is disabled in your web browser.For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page.Mayor Bill de Blasio (Getty; Google Maps)The state’s highest court rejected a community coalition’s bid to revive its legal fight against Inwood’s rezoning, likely ending a two-year battle over the fate of the neighborhood.The New York Court of Appeals on Monday denied a motion by Northern Manhattan is Not for Sale seeking to appeal an appellate panel’s reinstatement of the rezoning. Because the appellate court’s July decision was...

November 23, 2020
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Amazon Plans Office, Hiring Expansion in NYC, Denver, Dallas

Amazon Plans Office, Hiring Expansion in NYC, Denver, Dallas

Javascript is disabled in your web browser.For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page.Amazon CEO Jeff Bezos (Credit: Getty Images)Amazon is planning to expand its offices in six major U.S. cities, just weeks after announcing plans to double down on its .plans to add new hubs in New York, Phoenix, San Diego, Denver, Detroit and Dallas, which will bring about 3,500 corporate jobs, the company announced on Tuesday, according to the Wall Street Journal.In New York, the company will bring 2,000 jobs to the former on...

August 18, 2020
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