May 25, 2018 By Nathaly Pesantez
Long Island City had the most apartments built in 2017 out of all neighborhoods across the five boroughs—with plenty more along the line—according to the city.
The Department of City Planning, in its recent “Housing Production Snapshot,” says the area saw 2,800 completed units last year, putting it at the forefront of housing production on a neighborhood scale. About 25,800 units total were completed citywide last year.
The sheer number of new apartments in the neighborhood follows a trend observed for years—since 2010, Long Island City has added the most new units out of any neighborhood in the city, with 9,150 completed, the agency said.
While the Queens neighborhood leads the way, the borough is third behind Manhattan and Brooklyn in units completed from 2010 to 2017. Of 140,800 new units built in this time, 20 percent of them came from Queens.
In addition, Long Island City’s development pipeline shows no signs of slowing down. NYC Planning says a total of 5,900 units are in the works for the neighborhood, based on Department of Building permits. The figure is part of the over 79,000 housing units representing the “housing pipeline” citywide. Williamsburg, with 3,200 units planned, is second behind Long Island City, followed by Bushwick South and Greenpoint.
The neighborhood, in addition to being the fastest-growing neighborhood in the city, has also been dubbed as the fastest-growing neighborhood in the country. Apart from residential units, Long Island City also has 32 hotels with more than 3,200 rooms, according to the LIC Partnership. Over 4,600 hotel rooms are also in planning or under construction within 33 hotels.
In addition, Long Island City is currently home to 170,000 residents as of April 2018, according to the LIC Partnership. The neighborhood also has 6,600 businesses with 115,000 employees.