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keammo1 | 7 years ago
I have to say I haven't heard from one person in Astoria or Long Island City (where I live and work, respectively) that's excited about this. And there has been a lot of buzz about it over the past couple weeks. The strain on the transit system and increasing rents that are already skyrocketing is definitely freaking out a lot of people.
Maybe it's a little selfish of me, but I'm pretty terrified of what it will do to our office's rent in particular...even though it's been expanding rapidly and getting more expensive, Long Island city has been a great place for cheapish space in old industrial buildings for new/small businesses. I figure we and a lot of the surrounding small businesses will be pushed out at the ends of our leases.
I am very curious to know where in Long Island City they are targeting. There are so many big industrial lots that they could build on or new construction that they could move into. I had heard they were looking at one of the Plaxall-owned buildings, but can't remember the source.
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