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Financial Times Does LIC

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"Now, as Long Island City seems to be on the rise, its luck has improved. In 2004 Mayor Michael Bloomberg proposed part of the waterfront for use as an Olympic village as part of the city's failed bid for the 2012 games. The higher profile has attracted buyers from Europe and the Middle East, realtors say. And, as in other areas, art and artists have played the role of pioneers." [Financial Times]