True about LIC already undergoing gentrification. But it’s still kind of affordable, at least to young white collar workers who are priced out of Manhattan or the expensive parts of Brooklyn. Amazon execs are paid big bucks. My friends who work there left behind multi-million dollar salaries without missing a beat. Having that kind of money fall into a developing area would ensure that even the baby bankers and lawyers were sent packing to the Bronx or Newark or wherever.
I’d be pretty surprised if a large percentage of those 25,000 jobs were going to have million dollar salaries. And who is to say that the handful that might have income that high would live in LIC, as opposed to a neighboring area.
