In the last eight years, more than 6,100 rental apartments have been built in Long Island City, and some 19,700 are in the pipeline. The neighborhood isn't the cheapest alternative to Manhattan anymore, so developers are starting to look toward condos. Data from the LIC Partnership shows that 518 condos are in the works, which is more than three times what was built the last two years. [Crain's; previously]
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