Elghanayan son quietly becomes president of Rockrose Development

Justin Elghanayan moves up the chain of command, following 2009 split

From the July issue: Standing on the unfinished 30th floor of 43-10 Crescent Street in Long Island City last month, Justin Elghanayan could see his family history laid out before him.

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The site where he was standing — soon to become a 42-story rental apartment building called Linc LIC — was purchased 25 years ago by his father and uncles, the founders of Rockrose Development. The under-construction building, which is to have 709 residential units, is slated for occupancy in the spring of 2013. [more]