The Real Deal New York

Posts Tagged ‘long island city’

  • Brickman Cigar

    From left: 35-11 9th Street in Long Island City (inset: DeNobili cigar, Bruce Brickman and Evan Daniel)

    Brickman acquired a former DeNobili cigar factory a block from the Long Island City waterfront for $31.1 million, The Real Deal has learned. [more]

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  • From left: Bruce Teitelbaum, 44-02 Vernon Boulevard and Alicia Glen

    From left: Bruce Teitelbaum, 44-02 Vernon Boulevard and Alicia Glen

    Not so fast!

    Deputy Mayor Alicia Glen, who oversees housing and development, tamped down enthusiasm yesterday for the newly-announced plan to build a colossal mixed-used complex on Long Island City’s waterfront, saying it was “a little out of scale.” [more]

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  • From left: Bruce Teitelbaum and 44-02 Vernon Boulevard in Long Island City

    A team of investors led by Bruce Teitelbaum, the former chief of staff to ex-Mayor Rudy Giuliani, is pitching an ambitious mixed-use project based around 44-02 Vernon Boulevard in Long Island City.

    Teitelbaum’s team is reportedly also interested in applying for a rezoning of the area, allowing for the development of more open spaces, affordable housing, and perhaps even a public school and a hotel. [more]

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  • Rendering of Queens Park Plaza in Long Island City (credit: SLCE Architects)

    Rendering of Queens Plaza Park in Long Island City (credit: SLCE Architects)

    Property Markets Group and the Hakim Organization are planning the city’s tallest skyscraper outside Manhattan, and new renderings offer a closer look at the 914-foot-tall building, dubbed Queens Plaza Park. [more]

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  • The Factory Building at 30-30 47th Avenue in Long Island City

    The Factory Building at 30-30 47th Avenue in Long Island City

    Macy’s just signed one of the biggest Long Island City leases of the year, taking 150,000 square feet at the Factory Building at 30-30 47th Avenue that will house its photography studio and set space.

    The department store will use the new space to photograph its merchandise, with its current photo studio space spread across various floors at Macy’s Fulton Street store in Downtown Brooklyn. [more]

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  • Rendering of 38-04 11th Street (credit: Gradient Architecture Studio)

    Rendering of 38-04 11th Street (credit: Gradient Architecture Studio)

    Plans filed for hotel in Long Island City manufacturing zone. WTC base jumpers dodge jail time. Soho too pricey for popular yoga studio. Read these stories and more after the jump.

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  • Maria DeTommaso and the apartment building on 47th Road in Long Island City

    Maria DeTommaso and the apartment building on 47th Road in Long Island City

    A women accused of getting herself adopted by a dying man to score his $100-a-month rent-controlled apartment in Long Island City is now ruffling even more feathers after renting the two-bedroom out on Airbnb. [more]

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  • 30-02 48th Avenue in Long Island City (credit: CoStar) (inset: Daniel Loeb)

    30-02 48th Avenue in Long Island City (credit: CoStar) (inset: Daniel Loeb)

    Hedge funder Daniel Loeb is going in on Long Island City’s emerging office market after buying a stake in a 150,000-square-foot former warehouse in the Queens neighborhood. [more]

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  • From left: Court Square development site and the surrounding area

    From left: Court Square development site and the surrounding area

    Citigroup sold a huge Long Island City development site just north of One Court Square to Flushing-based developer Jia Shu Xu of C&G Empire Realty for $143 million, according to property records filed with the city Wednesday.

    The property is made up of nine parcels — located just north of Court Square along 23rd Street between 44th Drive and 44th Road — each spanning 36,000 square feet, city records show. The site holds roughly 780,000 buildable square feet. [more]

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  • Adam America LIC

    From left: Adam America’s Omri Sachs and Dvir Cohen Hoshen, aerial view of 22-12 Jackson Avenue in Long Island City and Ron Solarz

    Adam America Real Estate, one of the most active developers in Brooklyn, is planning its first Queens project – an 11-story condominium building across the street from MoMA PS1 in Long Island City. [more]

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  • LIC

    5-25 46th Avenue, on the right (inset: Barneys CEO Mark Lee) (credit: East Village Live)

    Barneys New York, a company famously synonymous with Midtown Manhattan, moved a small part of its operations to Long Island City. The department-store chain has signed a 10,000-square-foot manufacturing-space and office lease for its visual department at Plaxall Properties’ 5-25 46th Avenue, said Plaxall managing director Paula Kirby at the LIC Summit held at the Museum of the Moving Image Tuesday. [more]

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  • Long Island City and Bill de Blasio

    Long Island City and Bill de Blasio

    With the possibility of more condo projects coming to Long Island City, the de Blasio administration is pushing for more affordable housing in the area.
    [more]

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  • 45-40 Vernon Boulevard in Long Island City (inset: Simon Baron Development CEO Jonathan Simon, left, and president Matthew Baron, right)

    45-40 Vernon Boulevard in Long Island City (inset: Simon Baron Development CEO Jonathan Simon, left, and president Matthew Baron, right)

    UPDATED, June 15, 1:27 p.m.: Simon Baron Development and CRE Development have plans to bring a 28-story residential tower with 296 rental apartments to Long Island City, at the site of the former Paragon Paint factory, according to a permit application filed with the Department of Buildings. [more]

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  • 42-12 28th Street

    The view from the top of 42-12 28th Street (credit: @SamYee) and a rendering of the building. (credit: CityRealty)

    Heatherwood Communities secured $154 million in financing from PNC Bank for its planned 58-story rental tower in Long Island City, according to property records filed with the city Friday[more]

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  • 35-02 2F Northern Boulevard _May 12, 2015_0001-11

    35-02 Northern Boulevard in Long Island City (inset: Daniel Wechsler)

    A partnership led by attorney Chris Chin and Demar Plumbing head Alex Demarinis is looking to sell a Long Island City development site with 145,000 buildable square feet for $30 million, sources told The Real Deal[more]

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  • 1 Court Square in Long Island City

    1 Court Square in Long Island City

    The Citigroup Building at 1 Court Square in Long Island City could be reinvented as a residential property under new ownership, with the upper levels of the building converted into condos or rentals.

    Such a conversion would be contingent on Citigroup failing to renew its lease at the 673-foot-tall Queens tower, which is the tallest building in the outer boroughs. The financial services firm’s lease reportedly expires in 2020. [more]

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  • Clock Tower of Long Island City

    The Long Island City Clock Tower

    The Landmarks Preservation Commission has unanimously decided that the 14-story Art Deco Clock Tower in Long Island City will be designated a landmark.

    The vote comes less than a year after preservationists started a campaign to protect the iconic building, Curbed reported. According to the commission, the tower “represents a significant period of development in Long Island City,” the website reported. [more]

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  • (Credit: Modern Spaces)

    (Credit: Modern Spaces)

    Condominium prices in Long Island City crossed the $1,000 per square foot mark in the first quarter of 2015, according to a new report by brokerage Modern Spaces. [more]

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  • cigar factory queens

    35-11 and 35-31 9th Street in Long Island City (inset: Evan Daniel)

    UPDATED, 1:37 p.m., April 2: A Long Island City warehouse converted from a 19th-century DeNobili cigar factory is now on the market and has received offers for up to $30 million. Hudson Realty Capital, a Flatiron District-based real estate fund manager, has owned the four-story, 102,670-square-foot building at 35-11 and 35-31 9th Street since earlier this year, according to sources familiar with the deal. [more]

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  • 29-37 41st Avenue in Long Island City and Kevin Maloney

    29-37 41st Avenue in Long Island City and Kevin Maloney

    The MTA is getting $56 million in a deal to sell air rights to Property Markets Group and joint venture partner Karman Hakim, who are planning to build a 77-story residential tower on Queensboro Plaza in Long Island City. [more]

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