Powerhouse Condo Not Selling Well!! Financial Difficulties Arise

Carol, there have been many people bearish on PH. Are they contract holders in dispute too? That brings the question just how many people are contract holders in dispute at the PH?

Nothing wrong with being bearish but he's putting up information that is far from the truth.

Carol, what is factually false about what Sugar said? You may disagree with his opinion and conclusion but that's why it is just an opinion, nothing more. Factually, I don't see anything wrong with what Sugar said.

Sorry to burst your bubble CarolSt... I am not in dispute with Powerhouse and I am not a contract holder. I have no ties what so ever to the building. I can swear to these facts. Now, can you say you have no ties to the Powerhouse?

Don't listen to CarolSt... shes' a broker in dispute with her other voices in her head... you know "rationality, morality, reality, sight, and the most critical, turrets." Enjoy...

Better run before she rams a sharpened pencil up my rectum... ouch!

Uh oh... she's gonna call me "son"... hate that.. .pls don't ask me to whack off => it's thursday... gonna get some tonite... gotta play my cards right....

Oh shit.. she's got her ticonderoga pencils and her electric sharpener out... .RUN... RUN .. .where the hell is my unicorn?!?!?!?!!?

CarolSt I love your last posts you made me LOL really, i am talking about such comment:
"It's not fish that you smell, it's the shit stuck between your butt crack. Maybe you should wipe it after taking a dump."

you have def went a step up on your language, good job lol

I have to say, I will give you the price range that did stay mostly around the 600 per sf (my 550 range was reached by low floors units), the PH is def a great catch but the FATCS are FACTS and thats what the forum is about. NYC is what kept the price up there and thats it, The design is what kept people interested, the forum is what helps buyers find out the pros or cons before they buy as brokers or developers do not disclose.

so relax at the end of the day looks like buyers dont come on this forum :) they dont do their homework, they go straight for the Design and right there you have them in your hand ready to sign... they will only care of the noise issue, the wall issue, the buildings coming up, the quality... later on when it is too late and then they will find this forum and say HEY i should have do some research for the powerhouse before getting into this...

Sad but true, as said before Buyers do your homework write all down then go to the site and check yourself, for the PH or any other building as a matter of fact.

> "owners that paid more than $800psf living next to owners that paid $550psf."

> This is complete BS, out of the 66 confirmed units sold in Acris and PropertySharks how many units
> were sold above 800 psf? 8!!! That's right....8 out of 66 sold for more than 800 psf.

Uh, I think Carol the genius just proved the point she was railing against.

JM,

It's well deserved karma.

The only bad Karma is for renting in this crappy building. Six more months to go.

Also talked to my neighbor last night and learned several owners in the building have demanded the building's front doors be locked at 24/7. Is the neighborhood that unsafe that you need to lock the front door even with a doorman? They don't even lock front doors in harlem for doorman buildings! There are some serious weird paranoid people living in this building.

JM, we also rent in the building from a private owner. Our landlord told us a few vocal owners started to pressure the management to lock the front doors 24/7. Apparently some owners caught some non-residents using the pool table and gym because the doorman wasn't doing their job. Locking the front door is their solution to this problem. I can understand locking the doors at night but locking the door during the day is just stupid. If we come home with grocery, I don't want to have to be buzzed in or fumble with keys to unlock front door. Isn't this what a doorman is for?

According to my neighbor, some selfish prick is trying to close off part of the rooftop terrace because some stuff fell onto his balcony. This is totally unacceptable. The rooftop terrace is one of the amenities for the enjoyment of the entire building. We should find a solution to address stuff falling off the rooftop terrace other than to close part of the terrace. Those of us who live in the building should voice our opposition against this potential change and let the building management know our opinion!!

so @ericho or @carolst whats going with the tennis court? yes they are closed for a while and now you can just walk there signs are saying its coming and its coming big. this construction will be for a while

the guys on the north side or east side, you will lose their view and for the next year you will get a lot of noise.... west side probably will not start before a year from now.

yes thanks to the brokers and the nice powerhouse team that told you nothing will be there... the same way they told you that you will get the nicest and latest technology in intercom from all nyc !!!!..:) sorry guys but this is the reason i had from the beginning pointed out the facts that should not priced the sf at 800, 700 or even the 600. i really feel bad for all those people that bought or are buying right now and paying so much per sf when i see at what they got and what they are getting into.

on the other hand, LIC will only get better with the years and you will enjoy more if you buy at the right price. check this curbed link

http://curbed.com/archives/2009/10/28/return_of_the_megaprojects_hunters_point_signage.php

I went to see the powerhouse units today 2 bedroom and 1 bedroom both units smelled like raw sewage there is something seriously wrong with this building does anyone have any info on why it smells likke sewage and mold?

the sales office said it was the last 1 bedroom yeah right and that the smell was because the bathrroom was still not completley finished...i have been in many unfinished bathrooms they did not smell like raw sewage

the last one bedroom lol they still have 100 units unsold so they are clearly full of it and again trying to push people to buy... with some fake arguments

they sold a one bedroom for 600 per sf south side when the guy below paid so so so much more (about 40-50%more), if the 8th floor on south side that they claimed is the top side then north side or any other side should go well below 600 let say 550!? yes carolst power broker... just fyi thios unit was sold and recorded on acris i think few weeks ago.

based on those prices potential buyers i would not recommend anyone to pay over 600 psf, i dont think it would makes sense when you know a penthouse or even a regular apartment was just sold at around 600.

@nina i havent heard about this yet but i hope this is just on one unti because if it is not then thats just another negative thing to go for the powerhouse

the smell was in both the units I saw and they were on different floors but an overwhelming odor of sewage.....

Currently 140 units are occupied in the building.
50-60 of them are rentals.

Mike77, you continue to come on these boards and look like an idiot. Going to streeteasy and property sharks, all currently closing are happening between 590-640 psf.

In regards to the development in the front of the building, is there any reason why they are fixing up the doggy park if development is going to happen over the next year or 2?

Rumor has it, that there's been a change of plans in the hunter's point project. More parks and less buildings. Any reason why the area west of the powerhouse condo which was one of the doggie park is being fixed up? New fence, entrance, etc.

It's been a while since i last posted.
Buildings been great. More and more closing and people moving in every week.

Nina,

I see you've been posting here. My question is, if you didn't like the building the first time, why view the units again? Maybe Carol is right. You poor soul missed the bottom and trying every method to knock prices down.

This was my first time viewing this building just making my observations for anyone that would like to have an intelligrnt conversation I Please leave vulgar and profane comments out or I will just ignore thank you

I am a renter at the powerhouse condo and the building is great. Like all buildings there are issues that needs to be addressed.

"This was my first time viewing this building just making my observations for anyone that would like to have an intelligrnt conversation I Please leave vulgar and profane comments out or I will just ignore thank you"

Liar liar liar. Another complete BULLSHIT!
2 weeks ago you were at the sales office. It's your own words.

"I asked in the sales office today at powerhouse and they said low income housing was going to be built next door. Im sure that will keep many people from buying here"

http://www.streeteasy.com/nyc/talk/discussion/10458-the-powerhouse-views-wont-last

Has anyone noticed this in other units as well? Personally I think something is wrong and would not buy here

Nina,

I don't notice any sewage issue at all in the building. Can you tell me which units you saw and on which day and time you saw it on?

I called the sales office and asked about the low income housing as I said it was my first time viewing these units. Why do you get so angry I am just posting what observed

I am going to ignore you carolst I am here to have a normal convo you can take you dirt mouth somewhere else

Ignore yourself.
In your own words.

"I asked in the sales office today at powerhouse...."

IN THE SALES OFFICE..

This was 2 weeks ago. You lying sack of shit.

Wow Ericho, that was completely tatseless. I have seen nina15 post on a number of LIC related websites and is clearly a buyer interested in the neighborhood. Read closely Carol - she was in the sales office to ask questions, not to see any units. Why do you have to jump on anyone who has ANYTHING negative to say about your building? So you shit doesn't smell?

I saw the only one bedroom that the sales office said was available which was either on 2nd or 3rd floor I dont recall exactly and a 2 bed on a higher floor

At the risk of having CarolSt jump in and call us all laying sacks of shit, what did you think of the quality/finishes of the units nina15?

Now, calm down.
I'm just teasing Nina. If anyone was serious about buying in this building, i can't imagine they would come on a thread like this and ask for advice. Have Nina not read the past 24 months of post on this thread?

Mwade, i'm not agreeing with Carol but she does bring up a good point. Why is anyone IN the sales office and NOT see a unit 2 weeks ago? It's open house. So, before you jump on me why don't you question Nina's motives.

And how bout them green shoot??

They (sales office) mentioned the smell was due to the fact that the bathrooms in these units were unfinished I have never noticed this in any other buildings that I visited me personally I would not buy here but that said everyone has different criteria I personally think this building is lacking in quality and has some other issues if you live here n love it great but I think there will be some issues with pluming

Look you ass wipe (mwade), why don't you go back to your overpriced toll brother 5sl unit and shut your pie hole. How much did you dumb ass pay for your unit over there? 800psf? Do yourself a favor and stop bashing this building if you ever want to break even on your purchase.

"personally I would not buy here"

Sums it all up. Then shut your pie hole if you are not interested. Why even bother posting a negative remark!!! Liar, Liar, liar!!

First you take the time to go into the sales office, then 2 weeks later see units and now say you "I WOULD NOT BUY HERE". WTF!!!!

PS and no closing costs. For those living in the powerhouse I have nothing bad to say about the building. I've never been there. That's why I asked nina what she thought. Hope it works out for all of you. Except CarolSt who I hope gets hit by a bus ASAP.

i'm envisioning carol being taken out by a street cleaner.

Nina,

The building is still fairly new and under construction. If the sales office say the smell was from 'unfinished' piping, then why do you doubt them? More than 70% of the building is currently occupied, and there are active pipping everywhere. I have personally never smell sewage in my unit, on my floor or any of my neighbors units. I hope this helps.

Mwade, you need to calm down before you blow a casket. There are some personality on these boards that are best ignored. Sorry Carol, but you are one of them...

Ericho based on my observations I would not buy here thats just my opinion Im sure some people love it but in the $500's psf I think that is decent pricing if that is really what people are paying

nina is a degenerate liar. She has been caught several times talking nonsense on these boards.

Degenerate? I do not think you know the meaning of that word.

Why is it lying if I state my opinion? WHy do people get so upset just because I mentioned my observations I dont like the powerhouse thats my opinion based on what I saw if u love it great but allow others to speak their mind thats what these forums are for. LICcomment you probablly bought too high and are not upset boohooo

nina, calm. you're dealing with some extreme cases. put it this way, i have six people on ignore. licc, carolst and ericho are among the six. and ericho has been extremely nasty, but for some reason he just thinks it's cute when he tells people to relax.

you have every right to say whatever the fuck you want about a given building.

why anyone would pay over $400 sf to live in lic or this building is beside me I also went to see it and crossed it off my list

What does "blowing a casket" mean? Some kind of necrophilia that ericho is into?

Meant to say gasket...but if you're so into casket, here's one for you.
http://scrapetv.com/News/News%20Pages/Everyone%20Else/images-3/casket-at-funeral.jpg

Didn't know you were looking for one?

"nina, calm. you're dealing with some extreme cases. put it this way, i have six people on ignore. licc, carolst and ericho are among the six. and ericho has been extremely nasty, but for some reason he just thinks it's cute when he tells people to relax.

you have every right to say whatever the fuck you want about a given building."

IGNORE

Sorry, but i don't talk to people that consumes more than 5,000 calories a day.

aboutready- one of the crudest, low-level, foul-mouthed people on this board, and she is harping on the word degenerate. Priceless.

nina, you can express your opinion all you want, but when you make up facts, you are just a liar.

mwade, $586 at 5SL? Did you get the worst apartment in the whole building?

nope. 2 bedroom 1100sq. ft. View of the city and 59th street bridge. Upper floor. It pays to know how to negotiate and what questions to ask.

I live in the area... LIC is great. Perfect commute... nice little community.
Been there for about 6 months now. Independent on whether you can afford to buy or can't afford to buy, i measure the quality of life. I lived in the city for years, and for me moving to LIC was a change. A welcome change. I love it. And living near the Powerhouse has been a pleasant experience as well. The people there are really nice. I am excited for the changes and investment into the area. It is just naive to shoot down investment and spending money near where you live. I'd rather live in a community that has money working for it than not. It seems that everyone is an expert when it comes to real estate on these messages boards. When in fact, no one has the answer. It is all just talk and entertainment. The place you call home should be measured in satisfaction. Are you satisified with your quality of life? I am 100% satisfied with my quality of life in LIC and would recommend living to LIC (near gantry park - b/c i cant speak about other areas in LIC but i m eager to explore them) to anyone. However, I have had an exceptional time reading the posts. Its a dirty and fun hobby that allows us to explore the best and worst of human nature. Many people are mean for the purposes of elliciting a reaction.. others are the bullies... push peoples buttons, some are know it alls. Buying a house is just 1 little experience in this great adventure we call life. Do it and have fun with your family and friends, whenever u may roam. Good luck to everyone... I cant wait to check this board in 2 months to read more tabloid content. Happy turkey day to people who celebrate it... too others, happy free day to spend shopping or with friends and family. JFK said - You only need to make 51% of the people happy....

Ms.Jennifer Dorfmann-Powerhouse onsite sales director
Mr.Cheskel Schwimmer-Powerhouse Developer
Mr.Laurence M. Sklaw-Berger & Sklaw LLP-Powerhouse Lawyer
Mr.Ephraim D. Berger-Berger & Sklaw LLP-Powerhouse Lawyer
The misleading case is still fighting and the game is not over yet!

sorry carolst but 2 of the last units were sold at low price and one of the penthouse went for lower than some units went for. that's a fact simple and clear. so i keep and will keep saying that a buyer should do his or her homework in term of price and quality. nothing wrong with this.

their is definitely some inconsistency on sales price per sf when you look at view, side, terrace and floors something is not right....

Powerhouse made the list of "Where are buyers backing out?" on therealdeal.com:

http://therealdeal.com/newyork/articles/where-are-buyers-backing-out

Are there any information on these disputes?

to my knowledge, no ILSA suits have been decided yet in the NYC area - although there seems to have been some out of court settlements. it will probably be spring 2010 before there's any real news

looks like the building's first resale might have gone to market...anyone have any details?

I visited the Powerhouse last weekend with my broker. We found the front doors locked and the doorman sitting behind the desk had to buzz us in. It was a little puzzling why the front doors were locked during middle of the day. When we inquired, the doorman said many owners have complained about strangers walking into the building unchallenged and the doors have been locked per owners request.

Is the area or building that unsafe? Can the owners on this board clarify why the doors are locked during the day?

Makes me mighty suspicious when a poster I've never seen here before appears for the first time to cast aspertions on a property in which the poster purports to have no interest. I'm just sayin'...

I don't know anything about the building specifics, but the area is safe as far as I know.

I'm not sure why you think I have no interest in the building. I'm interested in a 1BR there and U wanted to do some due diligence before I make my final decision. There are a lot of things I liked about the Powerhouse. I really liked higher ceiling and unique layouts. There were also some things that bothered me and the front door issue was my biggest gripe. If you're an owner in the building, I would really like hear your perspective.

Peck, forgive me if you meant to post a legitimate inquiry. But as you might have surmised from the fact that this thread has a near record breaking 960+ posts, this building has been heatedly discussed for years on here along with the surrounding neighborhood. The views expressed on this thread have for the most part been highly polarized and I wouldn't rely upon them at all as a basis for making any conclusions. You seem to already know the questions to ask, and reviewing this thread you'll probably develop a few more. I would suggest working with your agent, attorney, and other resources to answer your questions, because the people who have weighed in on The Powerhouse here have been sort of...crazy.

kylewest, from an outsider's perspective, there are very few places to get information on a building. This is why I posted my question here. I fully expected to get some polarized commentaries but what I'm truly looking for is factual information. Specifically, did something happen to cause the building to lock their front doors even during middle of the day with a doorman behind the desk? I have already raised this question to the sales team and the answer I got back were vague and doesn't seem to make a lot of sense.

The doors being locked during the day is news to me.
On which day did you go? I'll have to call my contacts to see what the deal is.

I've lived in this neighborhood for over 10+ years. The neighborhood is safe as hell. The police precinct is 3 blocks away for crying out loud.
And what's the deal with the new dogie park? Why is it still there? And when the hell are they going to built all these buildings in front of the powerhouse?

Oh that's right! It's the damn city and they move in snail pace. I want that library they promised 10 years ago!!!

And why haven't prices collapse yet at the powerhouse that so many morons on this thread have predicted. Trust no one.

FYI, last i heard 100 units have been sold and 60 are rented out.
The unit is close to 100% occupancy.

Mike77,

You dumbass, where are the sub 500 psf units you've promised? I see almost all units closing above 600 psf recently. Why? Why????

FLMAO. Let's dissect the pencil rammer's stmt.
1) live 10+ yrs = i was a crack whore, then went and got a GED, then became a Reathwhore;
2) its' so safe, I gotta use profanity to visualize hell as being safe, like being dead as having no more financial worries;
3) For yrs, it was standard OPerating procedures to put police precints near high crime areas;
4) tense were not taught at said realtwhore school;
5) Projects will be built as soon as you sign the contract at the Powerhouse;
6) So it's been 10 yrs w/o a library in a new hood with lots of families, i guess they can train it into manhattan for libraries;
7) So you bemoan the fact projects are not being built as quickly as you'd like, but built they will be;
8) Could it be that the developer instead of bailing has decided what 99% has chosen to do?, rent until the Powerhouse sells at $1000psf?

Oh, just in case you didn't get the memo. One Madison Park is tits up. If they sell that unit for $1000psf... then using your expert RE brain or whatever you use to sharpen that pencil, what should the 40% of the rented units clear out in the next 2-5 yrs?

How is 37.5% rented = 100% sold? FLMAO.

I really do have to buy a pencil sharpener...

Heeere we go...

Let's face it.
Every single one of these dumb ass idiots calling for a crash since last spring in LIC has been WRONG.

herez we go.....

I made 10 points, so I guess I am right on 9. just the %s. FLMAO.

COME on Carol.. .wherez Jericho69?

and when did i say it'll be all over in 12 months? FLMAO. One Madison is tits up? I'm actually seeing manhattan trade for $600psf to $800Psf, so how does that put PH except in the shitter like I said it would. Plz.. find ericho, he might've committed suicide and is rotting away in his unit by now.

"3) For yrs, it was standard OPerating procedures to put police precints near high crime areas; "

Is that the reason why there are 2 precincts in upper west side??? I guess your days are numbered working as a cheap crack whore.

Whatevahs..

"last i heard 100 have been sold and 60 are rented out."

that sounds like a healthy environment for resales.

Peck, of all the problems with this building this one is hardly worth worrying about and, in any event, this one has been reasonably addressed. There have not been any flagrant safety related events that I am aware of, but many people walk right past the front desk unannounced and there has been some concern that outsiders are making use of some of the facilities, such as the roof deck, etc, and contributed to some out-of-control behavior, but nothing criminal as far as I know. More generally, this part of LIC seems generally safe, although the neighborhood blogs have noted an uptick in street crime.

It is funny that many of the key problems that were at first vehemently denied by a few here have become front-and-center concerns of the residents. In addition, some more minor items like the holes in the walls for nonexistant intercoms in every unit remain after a full year, which is a bad sign. And unlike some initial denials, construction is beginning on the gigantic public housing project that will block the Powerhouse views (as you can see for yourself from the signs around the waterfront block due West side of the building).

At least until the overcrowding from the housing project manifests itself, LIC is a nice place to live if you can deal with the 7 Line problems. But there are lots of other options in the neighborhood now and many more coming online within months. You should compare.

Let's clear up some misstatements. The development west of the Powerhouse will not be public housing projects. Whenever any of it winds up getting built, it will be privately owned, developed and managed. A percentage of the apartments will be market rate and a percentage will be available by lottery to people within income ranges of approximately $50k-$150k. When any of that is built is anyone's guess. The city started to clear some properties and prepare for adding infrastructure, but that doesn't mean anything is getting built anytime soon.

The area is extremely safe. The precinct has been in that location for probably 100 years, so the assertion that it was put there because the area is a high crime one is nonsense. The area does have a library in the Citi building. There are plans for an iconic, state-of-the art library to be built on a parcel at the waterfront, but again who knows when that will happen.

Comparable Manhattan condos are not selling for as low as $600-$800psf, that is another ridiculous statement.

I don't know why brokers have to be in shrill denial about this. This is pure deception. Get the facts for yourself, Peck, which, as with all public projects this far along inthe process, are easy to obtain. The city, which owns the land, consistently calls the Hunters Point South project the "largest affordable housing development in the city" in 30 years. Jeez, all you have to do is read the posted signs around the fenced off construction site to figure that out. The mayor forthrightly calls the development "public housing." City employees don't develop any property, but that does not make Hunters Point West any less of a public project - just ask the City Council. More facts: the project as a whole will indeed take considerable time, but the waterfront block due West of the Powerhouse is the first plot to be developed.

In any event, the brokers can put any spin on it they want, but ask yourself one question: Is the housing project a net plus or minus for an investment in the Powerhouse and its advertised "legendary views"?

Mind you, I think the city should have subsidized housing of this type, but more generally I think there is a limit to how much high density housing growth LIC can absorb. Already, for example, what should be transportation advantages of LIC are turning into major transportation hassles.

In addition, while the real estate pimps are quick to point out that the typical city mismanagement can be counted on cause delay in the final completion of the project, isn't it curious that they have absolute faith that the city's efforts as a whole will yield veritable housing Shangri La devoid of any negatives whatsoever? I for one am hopeful that the project will be all that is hoped for, but only a fool would totally discount the risk that the city will not achieve its lofty goals particulary since, as you may have noticed, the city economy isn't what it was when all this was first on the drawing board.

"Let's face it.
Every single one of these dumb ass idiots calling for a crash since last spring in LIC has been WRONG"

Funny, we've now had the biggest RE crash since the great depression -and its still going! - and the the fat broker lady who denied it the entire time is calling people out for being wrong!

I love it!

LICComment- still shilling for LIC after all these years? Not much has improved. 5SL can advertise all the sales they want, but people aren't biting. Powerhouse has gone rental. How many units in the Avalon buildings are empty? Face it, LIC has been overbuilt. Only a sucker will pay anywhere near asking prices. As of a couple of years ago, you were above water. I believe now you're under water. Keep plucking that chicken.

Why do people with no idea what they are talking about comment on a public site? The Avalon and Queens West rentals are pretty much filled. Rents haven't fallen all that much in those buildings. 5SL is just about completely sold. LIC has held up very well. You can keep hating on it all you want, it doesn't change the facts.

stella, you know that you are being disengenous to label the Hunters Point South development as public housing projects. New York State owns the land under the Queens West buildings. They have some affordable apartment components. Are those public housing? These buildings are not going to be run or managed by the NYCHA or any city agency.

And the 7 train is one of the most reliable in the city.

is long island city in peoria

"LIC has held up very well."

Powerhouse has certainly NOT held up well. Just look at the latest two units that closed:

#602 closed at $820,000. Was asking for $1.14m early 2009. Down 28%!
#1012 closed at $530,000. Was asking for $760,000 early 2009. Down 30%!

Some of the people living in the Powerhouse actually paid early 2009! I certainly wouldn't call down 30% "held up very well". Even after cutting prices 30%, they are still only able to sell at the rate of two units per months. According to Carolst's numbers, this pig wont' sellout for another 3 or 4 years at the current selling rate!!

Only down 30% is pretty good, keep in mind this is after the Fed propped up the markets in all possible ways.

You are comparing current sales to peak ASKING prices. Compare them to average sales prices in 2007 and pre-Lehman 2008 and you will see that LIC has held up relatively well. I don't know about Powerhouse specifically, but the most recent sales in the area that I know of have ticked up in price from into last year.

"You are comparing current sales to peak ASKING prices."

Those are not just some fictitious asking price. Many people in the building closed at those asking prices!

Other buildings in LIC maybe holding up better. PH is certainly not holding up well at all!

Peck, the front doors are locked 24/7. The reason the front doors are locked is because there's a few self center, egotistical, loud, pain in the rear activist owners forcing their will on the rest of the building. This activist group is bombarding the management of the building with their desires with no consideration to the rest of the people living in the building. Many in the building don't want to see the front doors locked 24/7 but those people aren't being heard in the current management of the building.

If you decide to buy in this building, not only do you have to put up with thin walls and subsidized housing next door, you have to put up with pain in the rear activist owners that think they know what is best for you as well. Something to think about in your purchase decision!

What is a "rear owner"? And congrats on nearing 1000 posts! Those who feel they are compelled to defend the building on here are doing a questionable service by keeping this alive. But good luck to you all!

i love this thread so much--it lets me live vicariously through those who were smart enough to buy early at powerhouse

Perhaps there should be a prize for being the 1000th poster. Any thoughts?

"LICComment- still shilling for LIC after all these years? Not much has improved. 5SL can advertise all the sales they want, but people aren't biting. Powerhouse has gone rental. How many units in the Avalon buildings are empty? Face it, LIC has been overbuilt. Only a sucker will pay anywhere near asking prices. As of a couple of years ago, you were above water. I believe now you're under water. Keep plucking that chicken."

Can I get a told you so!

People aren't biting at 5SL because there's nothing to bite at. Only one unit out of 116 left to sell by the sponsor.

"And the 7 train is one of the most reliable in the city."

http://www.liqcity.com/community/long-island-city-town-hall-gets-heated-with-mtas-7-train-weekend-shutdown

Two trains is more reliable than any one. 3 trains...

Every line in the city has shutdown issue when the MTA is doing track work. LIC also has the E and the V lines.

somewherelse- way to take a post that was shown to be idiotic and repeat it for your own argument. Genius.

" LIC also has the E and the V lines."

Hunters Point does not have those lines, so how is this the least bit relevant to Powerhouse residents, you filthy liar? Oh, once in a blue moon you can take a shuttle bus fro VernonJackson further into Queens to eventually go the opposite direction into the city.

@kylewest >What is a "rear owner"?<

anyone with an ass

I win

I win!

I win!

I win!

i win ! Beeeeytccccchess. I've got the 1000 post!

You're my hero, w67th.