'This is devastating': LIC real estate brokers react to Amazon's reversal

[TalkRadio1]

News of Amazon’s decision to not build an office campus in Long Island City shocked and frustrated the city’s real estate industry, where some of the biggest developers, including Tishman Speyer and the Durst Organization, have already made big bets on the Queens neighborhood.

“This is devastating,” said Eric Benaim, CEO of Modern Spaces, the leading brokerage in Long Island City. “We just sent a message that New York City is closed for business.

Although some experts said it was still too early to tell, for Benaim, at least, the so-called “Amazon effect” had been real. In December his company had sold 300 units, all in new Long Island City developments, he said. In a typical month, he racks up about 40 condo sales.

"It’s a sad day for New York when some people put socialist ideas and policies in front of a neighborhood that we're worked for 10 years trying to build,” he said.

http://gothamist.com/2019/02/14/amazon_real_estate_lic.php

 

[Rightguide]

The left devastates everything it touches.

 

[Celand]

https://melmagazine.com/wp-content/uploads/2018/08/0OZkYOG71pNNTBC53-3.html-charsetutf-8

 

[Rightguide]

https://melmagazine.com/wp-content/uploads/2018/08/0OZkYOG71pNNTBC53-3.html-charsetutf-8

She is a raving lunatic.

 

[BotanyBoy]

Elections have consequences.

Oh well...NYC is closed.

Business bringing people and tax payers to town is BAD!! and RACIST!!!!

LOL.....I think NYC needs to keep it up, double down on the socialism and raise the taxes in NY.

 

[Rightguide]

Elections have consequences.

Oh well...NYC is closed.

Business bringing people and tax payers to town is BAD!! and RACIST!!!!

LOL.....I think NYC needs to keep it up, double down on the socialism and raise the taxes in NY.

On it's way to being one big shit hole.

 

[BotanyBoy]

On it's way to being one big shit hole.

SF stopped and is preventing new apartments from being built because it's racist.

In the same breath they bitch about their housing problems....which is clearly something ONLY government should be able to deal with.

By stopping private developers from building housing.

 

[Ramone45]

https://melmagazine.com/wp-content/uploads/2018/08/0OZkYOG71pNNTBC53-3.html-charsetutf-8

Elected on a 4% voter turnout. About 15,000 votes cast. And look at the damage she has caused. Demagogue. Her own minions will ultimately turn against her. It will be delightful to watch.

 

[Ramone45]

On it's way to being one big shit hole.

...a BIGGER shit hole.

 

[Dazzle1]

http://gothamist.com/2019/02/14/amazon_real_estate_lic.php

Well the local person is a nortorious shake down artist who wanted his bribe

AOC is ignorant and does not know there would be no money with no amazon and it wan't even in her district.