Long Island City - A Great Place to Do Business
Long Island City is the fastest growing neighborhood in the city, at the geographic center of the NYC, just a few minutes from Midtown Manhattan. One of the most vibrant business communities in the city and largest manufacturing centers in New York State, LIC has more than 6,300 businesses with over 93,000 employees.
LIC is a transportation hub served by 8 subway lines, 13 bus lines the East River Ferry and the Long Island Rail Road. In 2001 Queens Plaza and Jackson Avenue were named the City’s Fourth Central Business District, and rezoned for large-scale, mixed-use development. Since then, the area has been booming.
In 2001, Queens Plaza and Jackson Avenue were named the City's Fourth Central Business District and rezoned for large-scale, mixed-use development. Since then, the area has been booming.
$80 million in capital improvements to Queens Plaza and Jackson Avenue have transformed the area with landscaping, planted medians, bike lanes, and a park.
The LIC Business Improvement District, managed by LIC Partnership, supports businesses and property owners in the commercial core of the neighborhood. The BID provides supplementary sanitation and security services within the District, and carries out community development and marketing initiatives that benefit the greater neighborhood.
To learn more, click on the links below for current information.
- Q1 2015 Real Estate Market Snapshot
- Interactive Map Showing Recent Development
- Development Density Maps
- LIC "Quick Facts"
- Selection of Retail/Commercial Listings
Prices that are lower than nearby Midtown Manhattan make renting or purchasing space in Long Island City appealing while State and City incentives available to business that locate here make it even more financially attractive.
Join major companies already based in LIC
- Fresh Direct
- JetBlue Airways
- Kaufman Astoria Studios
- NYC Department of Health and Mental Hygiene
- RCN Corporation
- Silvercup Studios
- Steve Madden
- United Nations Federal Credit Union
Recent Market Reports:
2015 - Q1 LIC & Astoria Market Report (source: Modern Spaces)
2015 - Q1 LIC Office Market Report (source: Newmark Grubb Knight Frank)
2015 - Q1 Queens Market Report/Sales (source: Douglas Elliman, prepared by Miller Samuel Real Estate Appraisers)
What's the Deal: News Digest
Food Startups Get Space at Falchi Building
Wall Street Journal 5/10/15
Spec Office Development Hits Outer Boroughs
Commercial Observer 4/29/15
Hilton Garden Inn Opens in LIC's Booming Hotel Market
Queens Courier 4/27/15
LIC's Real Estate Scene vs. Williamsburg's: How Do They Stack Up?
DNA Info 4/24/15
LIC Partnership Crunches Numbers at Annual Real Estate Breakfast
Times Ledger 4/23/15
LIC Got an Influx of Residents. Now Commercial Tenants are Calling.
Commercial Observer 4/15/15
Queens Clock Tower, Once the Tallest, Helps a 77-Story Skyscraper Rise Next Door
The New York Times 3/30/15
Miami Ad School Leaving Brooklyn for Queens
Commercial Observer 3/30/15
Office-Suite Provider Regus to Debut in Queens
Crain's New York Business 3/16/15
Not Really the Next Brooklyn: Queens Has Its Own Identity and Growing Appeal
New York Observer 2/13/15
Queens Rents Rise by 30% in Just a Year
New York Daily News 2/12/15
NYC Tourism Records Driving Queens Hotel Boom
Times Ledger 2/9/15
Queens Set to Boom in 2015
Commercial Observer 2/3/15
Setting Sites on More High-Rises in Long Island City
Wall Street Journal 1/15/15
Condos Coming to NYC's Long Island City After Rental Boom
Bloomberg Business 12/22/14
The Top 10 Real Estate Projects Coming to NYC
The Real Deal 12/17/14
Lonely Planet Names Queens Best Place to Visit in US in 2015
Lonely Planet 12/17/14
Long Island City is the Latest Hot Spot for Office Real Estate
Wall Street Journal 11/30/14
LIC Clock Tower and Vacant Site Sell for 77 M
Queens Courier 11/26/14
Vornado Buying Madison Marquette LIC Property for $142 M
Commercial Observer 11/24/14
Affordable and Reliable, Queens Real Estate Ascends
The New York Times 11/21/14
Map: Thousands of New Apartments Coming to Queens Plaza and Court Square
DNA Info 11/11/14
Permits Filed: 1,789-Unit, 3-Tower Tishman Speyer Project in Long Island City
New York YIMBY 11/11/14
The Changing Face of LIC Retail
Queens Buzz 10/29/14
Please contact us for more information.
Additional resources and marketing materials are below.
Demographic Report for Restaurants on Queens Plaza
This report, prepared by LIC Partnership and DANTH, provides demographic information including population, income, and spending habits. It demonstrates that the newly expanded Queens Plaza marketplace is underserved by restaurants and retail businesses and is designed to help owners choose the right location for their business.
Overall LIC Demographics Report
This report, prepared by LIC Partnership and DANTH, provides demographic information including population, income, and spending habits of specific areas of LIC and the neighborhood at large. It has workforce demographics; 5-, 10-, and 20-minute drive shed maps with potential customer demographics; and subway station rider and traffic counts.
2010 Census Data
Long Island City partnership has gathered 2010 Census information for the tracts that comprise central LIC. The Census information provided includes general population and housing characteristics.
Download LIC A-Z Guide
Download LIC Promotional Postcard and Brochure
Quote - Tishman Speyer; Photo - Observer
Former Deputy Mayor for Economic Development Robert C. Lieber