Amazon HQ2 Boosts Long Island City’s Already Booming Real Estate Housing Market

Long Island City was already considered a hot and trendy neighborhood and real estate market. However, the mid-November announcement of Amazon’s new second global headquarters (“HQ2”) sent interest in Long Island City (“LIC”) further skyrocketing.

Amazon’s new second global headquarters being split between two cities- Long Island City in Queens, New York and Crystal City in Arlington, Virginia- will create 25,000 jobs and develop four million square feet of office space at both locations, while receiving billions in tax incentives from both states in return.

LIC is a Queens waterfront neighborhood located