NYC real estate in brief

TRD New York /
Aug.August 03, 2009 05:42 PM

Long Island City infrastructure project begins

A $76.4 million renovation of parts of Long Island City kicked off today with a groundbreaking ceremony at the soon-to-be-removed Queens Plaza North commuter parking lot. The first phase of the project is aimed at improving roadways and traffic infrastructure between Queens Plaza North and South and between Queens Plaza East and 21st Street, according to a press release from the New York City Economic Development Corporation. New sidewalks and wider, landscaped medians are also included in the initiative.

Sierra Realty selected to manage office building in historic district

Sierra Realty was selected to handle management and leasing at 648 Broadway, a 10-story commercial office building between Bond and Bleecker streets in Noho’s historic district. The cast iron renaissance revival building is over 115 years old, according to a Sierra spokesperson. The building’s owner had been managing the facility for the last 20 years. The 50,000-square-foot space currently houses 15 commercial tenants and one retail tenant. The building was designed by architects Cleverdon & Putzel, who were responsible for several structures in Manhattan’s historic districts, including the Noho Historic District,Carnegie Hill Historic District and West 76th Street Historic District.

New CEO named at sustainable development research organization

Patrick Phillips has been appointed the new CEO for the Urban Land Institute, a non-profit global research organization focused on sustainable development. Phillips, a current ULI trustee, will take over the post for Richard Rosan, who has been with the Institute for the last 17 years, according to a press release sent out by the organization. ULI has been responsible for several recent reports emphasizing ways to improve transportation infrastructure through environmentally sustainable, fiscally responsible investments.

Related Articles

Jackson Park at 28-40 Jackson Avenue and Tishman Speyer's Rob Speyer (Credit: StreetEasy and Tishman Speyer)

Tishman Speyer locks in $1B in financing for Jackson Park

Clutter CEO and co-founder Ari Mir, and clockwise from left: 280 Fullerton Avenue, 1 Holland Avenue, 3046 Northern Boulevard and 5601 Foster Avenue (Credit: Linkedin, Google Maps)

Self-storage startup Clutter makes its first real estate play with $152M deal

43-20 49th Avenue in Long Island City and Andrew Chung of Innovo Property Group (Credit: Google Maps)

Andrew Chung tees up Queens’ biggest deal of 2019

Court Square Place at 24-01 44th Road in Queens and The New York Times' A.G. Sulzberger (Credit: Google Maps and Getty Images)

All the news that’s fit for Queens: NYT inks lease in Long Island City

Corcoran President & CEO Pamela Liebman (Credit: Corcoran, Getty Images)

Welcome to Queens: Corcoran opens first borough outpost

A rendering of Skyline Tower (Credit: Skyline Tower LIC)

A luxury development in LIC is to blame for viral subway flooding video: MTA

Clockwise from top left: 950 and 957 Woodycrest Avenue in the Bronx and 47-50 30th Street in Queens (Credit: Google Maps)

Here’s what the $20M-$30M NYC investment sales market looked like last week

5Pointz Towers and David and Gerald “Jerry” Wolkoff (Credit: CityRealty and Pixabay)

“We were always pro-artist”: Developer that knocked down 5Pointz wants to patch up relationship with NYC artists