While it may have been short-lived, the Amazon effect created a spike in contracts in Long Island City. Between Sept. 13 and Nov. 12, LIC and Astoria had a total of 79 contracts signed for homes, the New York Post reported. Between Nov. 13 and Feb. 13, right before Amazon pulled out, contracts rose to 157. The higher number of contracts pushed up dollar volume. During the September-to-November time frame, the dollar value of contracts […]
source https://therealdeal.com/2019/02/28/the-amazon-effect-created-a-surge-in-condo-contracts-in-lic/
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