Amazon’s HQ2 sends Long Island City home sale prices skyrocketing

December 2, 2018
Published in New York Post

Long Island City, the home of the Modern Spaces-represented CORTE, is suddenly New York’s most desirable enclave, thanks in large part to Amazon’s announcement that the company would soon set up a new headquarters in the Queens neighborhood. Local real estate firms are taking this increased interest in stride, with luxury Long Island City condos raising their prices due to increased demand in the area. Despite the uptick in price, nearly twice as many homes went into contract in November (29), compared to August (16).

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