Two days after amNY’s story on the G train that aired real concerns thatthe line will get even more overcrowded as the population of Brooklyn and Queens boom, this press release comes over:
“Long Island City is about to welcome its first new ground-up residential condominium building since the mid-2001 rezoning, which paved the way for a blossoming of inland neighborhoods from a gritty industrial area to New York’s next great place to live and work. The Echelon Condominium, rising 12 stories above a double-height lobby, is located at 13-11 Jackson Avenue in the heart of the burgeoning area. Sales will officially begin in early September.”
The building has 54 residences, with the cheapest starting at $300,000.
There will be a lot more of these announcement to come and likely more people on the G to follow.
-- Chuck Bennett amNY.com