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> What I'm curious about is whether LIC condo prices are really going to increase dramatically compared to similar projects in other parts of NYC? It depends o
by liftbigweights 8y ago
> What I'm curious about is whether LIC condo prices are really going to increase dramatically compared to similar projects in other parts of NYC?
It depends on whether NYC/NY will invest in it. People have talked about LIC being the next great thing for decades. I guess sooner or later, it will be LIC's turn. But I don't think AMZN is it.
> you can live in Manhattan and get to LIC in 1-9 stops in < 30m.
Nobody who lives in manhattan wants to work in LIC though. That's the problem. Manhattan is the work hub of the satellite regions like brooklyn, queens, hoboken, etc. These regions aren't work hubs for manhattan.
> You could even live in Jersey City and get to LIC in 50m.
Depends on the part of jersey city you live in. Most people aren't willing to switch trains to get to work. PATH to Metro twice a day? No thank you. If traffic warrants it, you could probably take the ferry directly from downtown JC to LIC.
- robotmlg 8y agoJC resident who commutes to Manhattan here: > Most people aren't willing to switch trains to get to work. Not true in NYC. Plenty of people change subways once or even twice to commute. Changing PATH to subway is no different except you have to pay twice. > you could probably take the ferry directly from downtown JC to LIC. Currently there are no ferries that run this route directly. NY Waterway runs the Hudson River ferries, which the MTA (subcontracted out) runs the East River ferries. You could do this commute by ferry if you changed ferries at Wall St/Pier 11, but that point you might as well take the train.
- deleted 8y ago[deleted]
- eric_h 8y ago> which the MTA (subcontracted out) runs the East River ferries. I was under the impression that the MTA is not involved at all in the NYC Ferry system - it is run by Hornblower, a German cruise company. [Edit: I am correct. Per https://www.ferry.nyc/about/faq/ https://www.ferry.nyc/about/faq/ "The MTA is a state agency, while NYC Ferry is an NYCEDC project."]