LONG ISLAND CITY REAL ESTATE BLOG

For years Two Tree’s Management has basically been dominating Dumbo, as Landlords and Developers. They have made a name for themselves by focusing strictly on Dumbo and have been extremely successful. Well a similar company is about to show it’s strength and dominance in the Long Island City market, by developing one of the largest development projects around. The Anable Basin, a huge 3 million square foot mixed use development project, that was recently given praise over at Curbed.com and was first brought to light on The Architects Newspaper. And that they have been working on for the past 5-7 years. The Site is just north of were the Rockrose East Coast project ends, and it features this great canal that Plaxall is proposing to place a bridge over. Who knows maybe even some boat slips, if were lucky.  But thats not the begining, Plaxall is a plastic manufacturing company, that has been around since the 1930’s and has been in LIC for just as long, its a family run business that owns nearly 6 million square feet of buildable land in Long Island City, under my calculations. Aside from the Anable site, they own several large buildings inbetween Vernon Blvd and 5th Street, they own many more on Vernon Blvd, including the building were Art O Mat is located and where they donate the space to them for free, they own the building were Tuk Tuk is in, and have said it took them a while to find just the right tenant for that building,  They also own the big tan office building across from the Echelon on Jackson, as well as that large taxi stand across from PS1 and the they are a huge part of the community and seem to want to best for the area, they contribute alot to the arts, create alot of jobs and will hopefully help keep this neighborhood evolving.  I look forward to seeing what they will do.