The Real Deal New York

Posts Tagged ‘long island city’

  • 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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  • 29-37 41st Avenue and Kevin Maloney

    29-37 41st Avenue and Kevin Maloney

    A joint venture between Kevin Maloney’s Property Markets Group and the Hakim Organization wants to buy nearly $56 million worth of unused development rights and land from the Metropolitan Transportation Authority, which could allow them to build Queens’ tallest building. [more]

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  • 29-37 41st Avenue and Kevin Maloney

    29-37 41st Avenue and Kevin Maloney

    Kevin Maloney’s Property Markets Group is planning to build a 70-story mixed-use tower at the edge of Queensboro Plaza in Long Island City, according to an application filed with the city’s Department of Buildings today. [more]

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  • madison-long-island-city-rentals

    42-77 Hunter Street in Long Island CIty

    UPDATED Mar 9, 10:58 a.m.: Initial reports suggested that units at the Madison in Long Island City, a new condominium development, were selling like hotcakes. Nevertheless, the building is now going rental. [more]

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  • 46-30 Center Boulevard in Long Island City

    46-30 Center Boulevard in Long Island City

    Taxi company owner Basil Messados hopes to set the new standard for luxury in Queens with the listing of his three-bedroom Long Island City penthouse condominium unit for $5.4 million. If it sells for that price, it would be the borough’s priciest single-family sale ever. [more]

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  • From left: the Falchi building in Long Island City and a pie by Stolle

    From left: the Falchi building in Long Island City and a pie by Stolle

    A Russian cafe chain is opening up shop at Jamestown LP’s Falchi building in Long Island City. [more]

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  • From left: 27-01 Jackson Avenue and 26-32 Jackson Avenue in Long Island City

    From left: Renderings of 27-01 Jackson Avenue and 26-32 Jackson Avenue in Long Island City (credit: Raymond Chan)

    New York Lions Group’s Albert Shirian is planning to erect two residential towers on each side of the Jackson Avenue in Long Island City, adding to the slew of high-rise projects in the works in the Queens Plaza and Court Square neighborhood. [more]

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  • lic-dev-site

    From left: 22-43 Jackson Avenue in Long Island City and Decio Baio

    A local affiliate of the International Brotherhood of Teamsters labor union is looking to sell a development site near 5Pointz in Long Island City that offers just shy of 76,000 buildable square feet, The Real Deal has learned. The union is asking $29 million. [more]

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  • queens-hotels

    From left: Renderings of Xu Hotel & Residences (credit: Raymond Chan Architect) and Eastern Mirage in Flushing (credit: Fleet Architects via New York YIMBY)

    Queens is expected to add almost 50 hotels by 2019 — and roughly half of the properties will located  in Long Island City, according to data from hospitality research firm STR. [more]

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  • Queensboro Plaza subway station

    Queensboro Plaza subway station

    New York Lions Group’s Albert Shirian is planning an 18-story residential tower in Long Island City, according to a new permit application filed with the city today.

    Shirian’s plans for the site at 42-06 27th Street, right by the Queensboro Plaza subway stop, call for a roughly 90,000-square-foot tower that will house 110 units. The building will include a 8,645-square-foot commercial component, as well as a 55-car parking lot. [more]

    2 Comments
  • Rendering of new developments in Long Island City's Court Square neighborhood

    Rendering of new developments in Long Island City’s Court Square neighborhood

    Long Island City, one of the fastest-growing neighborhoods in the city, could see even more residential development as City Hall considers a possible rezoning to encourage construction around Queens Plaza. [more]

    9 Comments
  • Clock Tower building at 29-27 41st Avenue and rendering of Ascent Development's 11-51 47th Avenue in Long Island City

    Clock Tower building at 29-27 41st Avenue and rendering of Ascent Development’s 11-51 47th Avenue in LIC

    With Long Island City land prices blowing up and the neighborhood’s demographics shifting to an older, more monied crowd, developers are increasingly considering condo development in this area dominated by rental apartments. [more]

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  • Q41 in Long Island City

    Q41 in Long Island City

    It’s no “Poor Door” but a luxury tower in Queens is putting up a fence. [more]

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  • 9-03 44th Road

    9-03 44th Road

    Adding yet another property to the hotel-building boom in Queens, developer Barone Management is looking to build a 13-story, 222-key lodge in the Hunter’s Point section of Long Island City, city records show. [more]

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