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Holiday Festivities to Take Place at Two LIC Condo Buildings This Weekend

CORTE Rendering

Dec. 13, 2019 Sponsored Story

The real estate brokerage firm Modern Spaces will host a holiday event at a Long Island City condo building Sunday to welcome new owners and to showcase the development to the wider community.

The event on Sunday, Dec. 15, taking place at CORTE at 21-30 44th Dr., will run from noon through 2 p.m. and will feature hors d’oeuvres, desserts, Santa and business owners offering promotions. There will also be a wine tasting.

Modern Spaces aims to bring the existing condo owners together for a meet-and-greet, while providing the community with a glimpse of the remaining units for sale.

The eight-story, 85-unit structure is for the most part sold out. All the one-bedroom units are taken, with only two and three bedroom apartments available. Prices on those units range from $1.55 million and $1.975 million.

The building comes with many amenities such as a fitness center, residents lounge, kids playroom, common roof deck with an outdoor kitchen, storage for bicycles, a dog washing room, and private parking for sale.

The brokerage company is also organizing a “brews and stews” open house at 5 Court Square, an 11-story, 58-unit building, on Saturday, Dec. 14.

The event, which will go from noon to 2 p.m., will feature beers from local breweries Big Alice Brewery and soups / chilis / stews from a local caterer Little Chef Little Kitchen.

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This city is truly becoming half and half. Half of all the people are rich, while the other half are struggling. And the people who say, “if you don’t like it, you can leave” are the rich folks that don’t care about anyone else.

Mr. Potter

These units won’t sell because they’re overpriced compared to LIC market and there’s a huge oversupply in NYC of luxury housing. The units here are poorly thought out, with shabby finishes. Bathroom doors swing open directly into the tub, bunching up any bath mat. One of the units has construction workers squatting there, with dirty laundry hanging out of the washer, tubs of protein, a mattress on the floor. Who wants to pay $1.5 million to live in this environment? No sense of community, no pool either. Elevator didn’t even work with a few people inside.


Do I sense a slight stagnation in the local RE market ? Brokers back to their thinly veiled attempts to sell units through sad events like these or offer credits against closing costs [zipper building]. Sad. Not to sound like a broken record, but there is an easy solution: lower the prices and make units affordable. However, even if one can afford the price of entry and afford such a unit, how many people are out there that can afford the 7K plus monthly carrying costs b/w non abated taxes, condo fees and mortgage payments

Rusty Shackleford

I’ll happily eat their desserts, hope they don’t mind that I can’t come close to affording one of those condos.


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