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LIC LUXURY NEW DEVELOPMENT



LIC new development rental prices were pushed to their highest levels in May among consistent demand, low inventory, and new luxury waterfront residences in Hunter’s Point South.


# TAGS

Impressive Growth

Gotham Point North

Long Island City

New Development

Snapshot

May 2023

1-15 57th Avenue
Increased Rent
Average Price
Average Price Change YoY
Average PPSF
Average PPSF Change YoY
Price By Bedroom
Inventory By Bedroom


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