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The November announcement that Amazon would locate half of its second headquarters in Long Island City, Queens "has been greeted with euphoria among real estate brokers who have seen a sudden gold rush of interest in the local condo market," according to an article by Corey Kilgannon.
"Some inquiries have come from Amazon employees, but since only a few hundred will arrive in 2019, most buyers have been investors and New Yorkers looking to relocate to a neighborhood on the rise," adds Kilgannon.
The article tours the locations anchoring the boom, and digs into the dollar amounts that have resulted from the hype.