For a while, people thought Josh Schuster, the managing principal of Silverback Development, was a genius. Just a few weeks after Amazon announced in late 2018 that it would open an East Coast headquarters in Long Island City, Schuster finalized a deal already in the works to buy a half-built rental nearby for a condo conversion. In early February last year, Silverback started construction, and he filed an offering plan around the same time. “At
source https://therealdeal.com/2020/02/07/one-year-later-amazon-effect-still-felt-in-lic-citywide/
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