This is a tremendous investment opportunity and a much closer, safer, slightly less attractive artist enclave than Bushwick. Since there are no yuppies or hipsters, Ravenswood has an urban edge with its old-timers,creative newcomers, lunch counters and factory feel. For renters with a little guts, rock bands who need to jam loud or artists welding late into the night, it's perfect.
A power plant, homes and industry share valuable land in Long Island City
Buyer beware: It is five to 10 years from being a completely different place. The IBZ can't last forever. This area will have to become more residential than it is now. Nothing this close to Manhattan can remain factory land forever. Ask the folks in Jersey City or Greenpoint.
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