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QB112016

NOVEMBER 2016 • QUEENS BUSINESS • www.qns.com 3 32 The QUeeNS CoUrier • OCTOBER 27, 2016 for breaking news visit www.qns.com David Pospisil, Elizabeth Lusskin, Paula Kirby, Frank Korzekwinski, Joseph Bohm Monica Gonzalez, Drew Sandholm, Erica Hoffman Maria Torres-Springer & BP Melinda Katz An ‘exploding’ housing market among the highlights of QNS Real Estate Conference in LIC by suzanne Monteverdi [email protected] A crowd of nearly 400 real estate moguls, investors and elected leaders gathered at Gantry Loft in Long Island City (LIC) to discuss the past, present and future of Queens real estate and development on October 5. “The borough’s housing market is exploding,” Borough President Melinda Katz said. “People are seeking to live here.” Katz cited Jamaica, downtown Flushing and LIC as three areas in the borough that have e s p e c i a l l y seen a wealth of development in the last few years. “There’s 11,500 units of residential completed right here in LIC. There’s 22,000 in pipeline,” Katz said. “There’s 28 hotels currently operating. LIC has 6,300 businesses: 3.5 million square feet of commercial space.” Councilman Jimmy Van Bramer, representative of LIC, Sunnyside and Astoria, echoed the borough president’s remarks. “Queens is literally the heart and soul, the center of New York City,” Van Bramer said. “We have known that for a long time; some folks have just started to realize it. But Queens is where it’s at.” Maria Torres-Springer, president and CEO of the NYC Economic Development Corporation (NYCEDC), discussed growth and development in the “World’s Borough.” “We want to make sure all New Yorkers — our entrepreneurs, our local families, our manufacturers, our innovators — have the tools or resources they need to make it here in New York,” Torres- Springer said. T o r r e s - S p r i n g e r reported that NYCEDC is currently investing over $4 billion in projects throughout Queens, including Hunters Point South — a proposed mixed-use, affordable housing development in LIC. The NYCEDC president continued to discuss affordable housing and retail space in Long Island City when a handful of protesters in the crowd stood up and began chanting “Queens is not for sale.” “Working families cannot stay here,” one protester said. “From Ridgewood to Corona: Queens is not for sale.” After the group was escorted out, Torres- Springer addressed their vocal concerns. “When I hear these types of comments and feedback — and clearly frustration — by New Yorkers,” Torres-Springer said, “what that tells me is we need to do is — by respecting what we’re hearing — to think about more ways, more creative ways, to make sure we’re pushing forward an agenda of inclusive growth.” During a panel discussing transportation in Queens, Ya-Ting Liu, executive Evan Daniel, Swain Weiner, Howard Taub, John Gonsalves director of Friends of Brooklyn Queens Connector (BQX), was on hand to discuss the proposal for a north-south running street car line connecting the two boroughs. “We see this proposal and project as very complementary to all the things that the city is going to need to expand transportation access for all New Yorkers” said Liu. “As a growing and diverse city, we need multiple modes of transportation.” David Pospisil, manager of commercial and industrial energy efficiency programs at Con Edision, encouraged business and building owners to visit manage-energy.coned.com and learn about ways to save money and go green by managing energy output. “It’s very high-tech, 3-D website, and very helpful to customers,” said Pospisil. The conference was presented by The Queens Courier, Star Network and Ellipis LLC in association with REBNY. The event was sponsored by: Flushing Bank, The Gantry Loft, Crystal Windows, Quontic Bank, Greiner Maltz Investment Properties, PLAXALL, Con Edison, Modern Spaces, Lyons Mortgage Services, Forchelli, Curto, Deegan, Schwartz, Mineo & Terrana, LLP., Merritt Engineering Consultants, P.C., Broadway Stages, Dual Fuel Corporation, New York Public Service Commission, CIAMPA, Long Island City Partnership and Queens Chamber of Commerce. For more info about networking events, visit StarNetwork.com. Majority Leader Jimmy Van Bramer Keynote Speaker Robert Knakal Elizabeth Lusskin, Eric Benain, Sofia Estevez, Zoe Elghanayan


QB112016
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