The de Blasio Administration has announced plans to invest $180 million in Long Island City’s infrastructure, including school, transportation and open space.
The release of the Long Island City Investment Strategy follows last week’s City Council Land Use Committee approval of a plan to bring affordable housing and a public school to the area near the Queensborough Bridge ramps.
“Long Island City is New York’s fastest-growing neighborhood,” said Marisa Lago, director of the Department of City Planning. “It has seen thousands of new homes, including affordable homes, and jobs spring up over the past decade.
“This impressive growth requires a coordinated city strategy for making needed public investments in schools, parks, roads and local arts organizations,” Lago continued.
The new plan also seeks to strengthen the area as a CBD by increasing space and support for current and future business, among other things.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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