"The average price per square foot for a co-op in Queens is $250 to $400, versus $500 to $700 in Brooklyn." (Manhattan prices starts at $820.)Who can argue with that math? Queens is a tremendous place to live.
Though the article is a nice borough booster, it's so ridiculous to to act like Queens is undiscovered terrain. We got 2.2 million people herethat's bigger than Manhattan. The way the real estate market has gone beyond belief in the past few years shows its popularity.
What's even more ridiculous is this quote from Pamela Liebman, president of the Corcoran Group:
"And I don't know that they are going to call it Queens any more. I think they will probably end up breaking up the neighborhoods. They will say 'Oh, I'm in Astoria,' or 'I'm in Jackson Heights,' or 'I'm in Long Island City.'"Please Pamela, please NY Times, at least talk to someone who knows someone who lives in Queens. Yes, we all identify where we live by our neighborhood, and have for many, many years. We only call it Queens when talking to Manhattan folk.
So with Queens West more and more of a success and western Queens the new hip thing, what's next for Queens real estate? After LIC gets too pricey, the artists might move to Maspeth or Jamaica, two up-and-coming neighborhoods where rents are affordable and there are industrial spaces to convert. And one big-big real estate dream is the clean-up of Newtown Creek that would open the Queens/Brooklyn waterway border.