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That's not how real estate investment decisions are made. If developers build where there is insufficient demand, you end up with Coney's situation where units are not occupied and promised amenities not delivered. It hurts both the developer and the surrounding community esp. if the owners fall behind with the upkeep. Good developers want to see proof of demand before they sink their money into something. Look at how companies are tripping all over themselves to build new condominiums in williamsburg.
Condescending much? If there was no demand the Lighthouse project would have never been conceived at all.
I don't purport to know how much demand there is, but it is greater than zero, otherwise Farmingdale's apartments would not have appeared out of nowhere over the past several years, RVC as we know it would not exist and Patchauge would still be an embarrassment.
If there was no demand for multifamily housing, there would be no need for zoning restrictions to stop it.
The post-War development of Long Island was based on catering to the needs of young professionals and tradespeople in their 20s. But those needs were single family homes as most were already married and with kids.
This short transitional stage in life, young single people who don't want to live at home until marriage is a fairly new phenomenon. It's going to take some time before the chips fall where they may. Previously, there were some young bachelors, spinsters, and young women (who were looking for a husband and expected this lifestyle to be short-lived) who could not live with their parents for one reason or another. They tended to live with roommates, again in the cities, but they were not the majority of their generation and were a worry to their parents.
Condescending much? If there was no demand the Lighthouse project would have never been conceived at all.
I don't purport to know how much demand there is, but it is greater than zero, otherwise Farmingdale's apartments would not have appeared out of nowhere over the past several years, RVC as we know it would not exist and Patchauge would still be an embarrassment.
If there was no demand for multifamily housing, there would be no need for zoning restrictions to stop it.
You misunderstand the lighthouse project. It's not just a housing project. It was also a commercial project. The intent was to bring jobs to attract new residents. Not the other way around which is how you interpret it.
How would I know? If demand were there then developers would be tripping all over themselves by now to build more apartments for young professionals further east. Go to Long Island City if you want to see a real life example of how it works. As Coney put it, the newer developments can't find enough tenants. So there you go.
It's good that more people think Suffolk County Ny is nothing but farms, Camaros, and freedom rock. Otherwise Suffolk County Ny would be just like Nassau County Ny.
It's better this way for the people in Suffolk County Ny.
Many people are afraid because they think Suffolk County Ny is still all bikers and bungalows.
Not at all, people just want a close commute to NYC for the most part. I have no prejudice of Suffolk.
It could just be the people I know. All my friends in the city want out as soon at the kids come. Same as it always was and I don't see that changing Imo.
Exactly this. Seems every new family that comes into town is from the city and it's always right around when the kids are of age for school. My parents did it in the 80s... so that's at least 4 decades we know of already. You think the future will change, despite taxes going from $5k to $15k... nope... people still come to green clean suburbia for their kids the same way.
As for building denser in Mineola and Hicksville, aren't we already complaining of those areas worsening especially because they are transit hubs? More affordable housing is great in concept (talk about NIMBY-though-it's-ok-over-there) but they don't always bring in the best type of people - there's absolutely no guarantee it will make things better for LI. Pricing out to keep areas nice (or at least respectable) is a thing. Those areas are already trending down in comparison.
Exactly this. Seems every new family that comes into town is from the city and it's always right around when the kids are of age for school. My parents did it in the 80s... so that's at least 4 decades we know of already. You think the future will change, despite taxes going from $5k to $15k... nope... people still come to green clean suburbia for their kids the same way.
As for building denser in Mineola and Hicksville, aren't we already complaining of those areas worsening especially because they are transit hubs? More affordable housing is great in concept (talk about NIMBY-though-it's-ok-over-there) but they don't always bring in the best type of people. Pricing out to keep areas nice is a thing. Those areas are already trending down in comparison.
I'm curious where NOLA is from/located and if they have kids in school. There's a reason why parents who are here for their kids and lifestyle like their neighborhoods and NIMBY it up. They aren't born with that mentality, it just makes sense after a while.
Probably a young professional without kids since that's what he or she always brings up about the lack of LI housing stock for young professionals. A few others like myself state how young families with kids do not want to own/live in a NYC house.
The other problem with this model is the lack of transportation. Town centers near LIRR stations are fine for a little entertainment-Starbucks, movie theater, deli, a couple of restaurants, a bar, maybe a Trader Joes. This would all be in a contained area of several blocks near the new apartments. But there's more to a lifestyle than going to a restaurant or getting coffee. In the city, you get on the train or the bus to go cross-town or uptown to get to the doctor, the framer, the big box store, and any other place where you have to get something that you can't get online. Or you can just walk and walk and walk along miles of sidewalk designed for walking. The LIRR is not like the subway. The Long Island buses stink. You must have a car. Otherwise you'll be like some posters here trying to take 3 buses from the south shore to get to a doctor's appointment in the big medical complex in New Hyde Park or the equivalent. It just doesn't work. You'd have to design a completely new type of public transportation system for the millenials who are anti-car. And if they aren't anti-car, that means all those dense apartment houses are going to require additional cars that already clog up our overcrowded roads.
If zoning laws were properly enforced, there would be plenty of demand for rental apartments. It's surprising that neighbors still turn a blind eye to their neighbors illegal apartments. Avalon is a great example of this type of multifamily unit being successful. The unit built on Sunrise highway in VS is an eyesore. It looks like a 1970's Queens apartment building right down to the AC units in the wall. If no amenities the younger generation won't be interested.
If zoning laws were properly enforced, there would be plenty of demand for rental apartments. It's surprising that neighbors still turn a blind eye to their neighbors illegal apartments. Avalon is a great example of this type of multifamily unit being successful. The unit built on Sunrise highway in VS is an eyesore. It looks like a 1970's Queens apartment building right down to the AC units in the wall. If no amenities the younger generation won't be interested.
Yes that building is atrocious. I'm curious to see how it works out.
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