VIDEO: Long Island City Breaks Out

NEW YORK CITY-Long Island City's multifamily development is taking off, and other commercial real estate uses should follow.

By Ian Ritter | April 30, 2012 at 01:27 PM

NEW YORK CITY-It has been talked about for a long time now, but major multifamily developments in Queens' Long Island City are really starting to come to fruition. Rockrose Development is one of the firms at the forefront of that movement, and GlobeSt.com's Jacqueline Hlvenka speaks with the company's president Justin Elghanayan.

They also touched on:

Retail leasing in Long Island City.
New York City's multifamily market as a whole.
Construction financing in the current economic environment.

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