"When the price per SF in some new buildings in LIC is in the $700-$800 range and Manhattan is toying with numbers below the $1000 mark I fail to see the point of purchasing in an area that lacks so many conveniences. Sure Gantry Park is beautiful with great views of Manhattan but most of LIC is gritty with new Luxury buildings spread far apart... I think LIC has great potential for the future, but with the current prices the fruition of that potential is already priced in to the market ?and in a declining market." [Market Reports: Pileup on Brooklyn-Queens Expressway]
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