Long Island City rezoning would add to neighborhood swing

Long Island City could be on the receiving end of another 15,000 apartments if the City Council approves a rezoning proposal slated for a vote later this month.  If the neighborhood’s prior evolution is any indication, a fresh slate of sites is likely an attractive prospect for developers, who have delivered thousands of housing units since a major rezoning in 2001.  Long Island City has transformed in recent years from an aging industrial scape to a desirable residential hub. The area’s development boom began largely with rental projects before luxury condo towers sprouted up, benefiting from an influx of demand […] This article originally appeared on The Real Deal. Click here to read the full story.