Great use of the land. Long time coming, but they bounce back. Along the coast, Brooklyn, Queens, and even the Bronx waterfront, parcels are being bought for affordable housing. Keep an eye on certain parcels adjacent to Harlem on the East River. Two large scale parcels that will include 1000's of units and another, in the South Bronx, with the potential for 3k units.
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Originally Posted by tdawg
There's been some somewhat serious talk about a light rail line that would run from Red Hook up to Astoria along the East River waterfront. Nearly the entire stretch is booming with development and subways are sometimes 10 or more blocks inland.
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I've heard about that. The idea is floating around community boards and even in City Hall, and would be great to accommodate the thousands of units that will come online by 2017/18. Even now, it is needed and could further grow the area.