search

The Real Deal Logo

Trending

HGTV’s “Mr. Flip It” gets four years in jail for $10M fraudHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudTrump accused of making false statements about $50M Chicago tower loanTrump accused of making false statements about $50M Chicago tower loanLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boom
New York

NGKF tapped for LIC’s Center Building

The Center Building
The Center Building

UPDATED, 11:23 a.m., Mar. 21: Madison Marquette is tapping Newmark Grubb Knight Frank to market the Center Building in Long Island City, the New York Observer reported.

Marquette purchased the 500,000-square-foot building for $84.5 million late last year, according to city records.

Sign Up for the undefined Newsletter

The former assembling plant for Ford Model T’s, located at 33-00 Northern Boulevard, hit the market after an extensive renovation by Brooklyn-based Hampshire Properties.

Vacancies include a 38,801-square-foot portion of the fifth floor and a 10,000-square-foot portion of the sixth floor.

“There is undeniable value given the Center Building’s location, space and amenities,” said Newmark’s Howard Kesseler, who along with Jordan Gosin will represent Marquette. “Its high ceilings, fiber optics and full REAP benefits are extremely appealing.” [NYO] —Christopher Cameron

Tags
Newmark Knight Frank