Business:

L.I.C. was named The Next �It� Neighborhood by New York Magazine, who attributes its emerging success to the neighborhoods financial as well as its cultural persona. As such, some of the worlds most significant establishments call it home. Among them are CitiGroup/Citibanks headquarters, MetLife, Silvercup Studios, and soon the new United Nations Credit Union. In fact, plans for nearly five million square feet of commercial and retail space (to be completed by 2010) have been submitted. Highlights will include , sidewalks, bike lanes , a new school, and a library.

Culture:

LICs cultural highlights include 200 museums and galleries, such as MoMa (Museum of Modern Art), PS1 an affiliate of MoMa, Naguchi Museum, SocratesSculpture Park, The Museum of the Moving Image, The Museum of African Art, The Sculpture Center, 5 Points, and countless others.

Development:

World class real estate developers are increasingly taking note of LIC�s emergence. Rockrose Development, one of the nations largest real estate companies intends to build East Coast NY, a mixed-use development, to include 3000 residential units and over 120,000 sq. ft. of retail space. Rockrose also plans to create 22 acres of parkland. Other developers have followed suit. Currently, more than 30 residential projects10,000 new homesare slated to arrive by 2010. Condos will average $700+ per foot and rentals will go for about $30-$40 dollars per foot.

Tour:Near this area are famous developments such as Arris Lofts, The View at East Coast, Hunter Point, Hunter View, The Power House, 5SL, the Gantry and Star tower.