CUNY, considering LIC hotel development, enlists Cushman & Wakefield

New York /
Aug.August 28, 2012 12:30 PM

Cushman & Wakefield has been hired by the City University of New York to determine whether the school should develop a Long Island City hotel in an effort to expand its hospitality program, Crain’s reported.

The site in question is a 91,000-square-foot lot at 28-02 Skillman Avenue — an area bounded by Skillman Avenue, 47th Avenue, 28th Street and 29th Street. CUNY’s LaGuardia Community College owns the plot, and has since the college was founded in the early 1970s.

The Long Island City lot is currently zoned for a development of up to 600,000 square feet, though CUNY told Crain’s that the development would not match that maximum limit.

Cushman will review site zoning, and could help CUNY find a developer or operating partner as well as explore financing. A CUNY spokesperson said the assessment should be done this fall.

Located nearby is CUNY’s new law school[Crain’s]


Related Articles

arrow_forward_ios
Cushman & Wakefield CEO Brett White, Mayor Bill de Blasio, and Donald Trump, Eric Trump and Donald Trump Jr. (Getty)
Cushman & Wakefield, NYC cut ties to Trump Organization
Cushman & Wakefield, NYC cut ties to Trump Organization
Cushman & Wakefield's Toby Dodd with One Pierrepont Plaza in Brooklyn and One World Trade Center (Photos via Cushman, Brookfield and Pixabay)
Cushman to consolidate its Lower Manhattan and Brooklyn offices
Cushman to consolidate its Lower Manhattan and Brooklyn offices
The discrimination suit filed against Cushman alleges the firm underpaid an employee of color — along with others on his team — compared to white colleagues. (iStock)
Ex-Cushman employee accuses firm of pay discrimination
Ex-Cushman employee accuses firm of pay discrimination
From left: former Vornado CFO Joseph Macnow; ; Howard Hughes Corporation CEO David O’Reilly, former Cushman & Wakefield CFO Duncan Palmer (Photos via Vornado, Howard Hughes, Cushman & Wakefield)
Leadership shake-ups hit Vornado, Cushman & Wakefield and Howard Hughes
Leadership shake-ups hit Vornado, Cushman & Wakefield and Howard Hughes
Cushman & Wakefield CEO Brett White and CFO Duncan Palmer (Photos via Cushman & Wakefield)
Cushman reports $37.3M loss in Q3
Cushman reports $37.3M loss in Q3
Related chairman Stephen Ross (Getty; iStock; Health Pass) 
Related, Cushman & Wakefield use new app to screen workers for Covid
Related, Cushman & Wakefield use new app to screen workers for Covid
Cushman & Wakefield CEO Brett White and JPMorgan CEO Jamie Dimon (Cushman & Wakefield; Getty)
Cushman’s $3B debt load poses default risk
Cushman’s $3B debt load poses default risk
The Manhattan office market’s overall vacancy rate rose to a 24-year high of 13.3% in the third quarter (iStock)
Cushman & Wakefield paints bleak picture for Manhattan office market
Cushman & Wakefield paints bleak picture for Manhattan office market
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...