New survey shows Hunters Point is third most apartment-crazed neighborhood in U.S. (New York: real estate)

[Aeran]

Hunters Point. I am not surprised.

https://qns.com/2021/12/new-survey-s...orhood-in-u-s/

Hunters Point in Long Island City has been named the third most apartment-crazed neighborhood nationally, topping the list in New York City, according to a survey by RentCafe.

Highly sought after for their convenient locations, vibrant amenities and thriving social environments, urban neighborhoods around the nation have seen a boom in new apartments in the last five years, with about 1.6 million new rentals built in that time frame.

The survey found the top 20 most active neighborhoods have delivered a staggering 80,000 brand new rental units alone from 2017 to 2021. Leading the list is Downtown Los Angeles.

In the last five years, developers in Hunters Point added a fresh batch of 5,423 new rental units, representing 53% of all of the newly built apartments in Queens.

Most people know Hunters Point as the place to catch a brilliant view of the Manhattan skyline, but it’s also a neighborhood that has seen a lot of transformation in the last few years, especially in real estate.

Starting as an industrial, factory-ridden neighborhood, Hunters Point has grown into a premier residential enclave for renters and owners alike, thanks to an abundance of ultra-luxe condos and apartments.

[minnomaboidenapolis]

Originally Posted by Aeran

Hunters Point. I am not surprised.

https://qns.com/2021/12/new-survey-s...orhood-in-u-s/

Hunters Point in Long Island City has been named the third most apartment-crazed neighborhood nationally, topping the list in New York City, according to a survey by RentCafe.

Highly sought after for their convenient locations, vibrant amenities and thriving social environments, urban neighborhoods around the nation have seen a boom in new apartments in the last five years, with about 1.6 million new rentals built in that time frame.

Starting as an industrial, factory-ridden neighborhood, Hunters Point has grown into a premier residential enclave for renters and owners alike, thanks to an abundance of ultra-luxe condos and apartments.

I'd hardly call Hunters Point a "thriving" social environment or having "vibrant amenities." The only pro it has is proximity to Manhattan and maybe nowadays Greenpoint/Wburg for nightlife. But even that's debatable given the unreliability of subway lines and also peak crowding at the LIC stations.

There's a reason why Hunters Point/LIC prices are lower than pretty much anything in Manhattan below 96th St.

[stormgal]

Crazed apartment desires but also a lot of affordable housing lotteries lol

[dfc99]

Originally Posted by stormgal

Crazed apartment desires but also a lot of affordable housing lotteries lol

And we all know what the 'affordable' renters will do to the place over time. LOL!

[minnomaboidenapolis]

Originally Posted by dfc99

And we all know what the 'affordable' renters will do to the place over time. LOL!

Even without the wave of 'affordable' renters, I would not call Hunters Point/LIC desirable by any stretch of the imagination. As usual this news article is missing nuance and was obviously written by someone who has never lived in NYC.