$3B megaproject set to rise on LIC waterfront

The family that owns a 13-acre site on the Long Island City waterfront is planning to build a $3 billion mixed-use project with 5,000 apartments and more than 300,000 square feet of manufacturing space. The grandchildren of Louis Pfohl, a Midwest engineer who in 1938 founded Plaxall Realty, are seeking to rezone the area on the man-made Anable Basin to make way for the megaproject, the New York Times reported. It would include an apartment […]

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