Curbcut, Platinium Realty partner on new Queens office project

Nine-story, 146K sf development targeting medical, nonprofit and community service tenants

TRD New York /
May.May 02, 2016 10:10 AM

Developers Curbcut Urban Partners and Platinum Realty Associates are partnering on a new nine-story, mixed-use building on the border of Long Island City and Sunnyside in Queens.

The 146,000-square-foot, glass-and steel building at 38-01 Queens Boulevard will target medical, nonprofit and community service tenants that are increasingly looking to the outer boroughs in search of affordable office space.

While the property will house general office and retail space, zoning rules require a significant portion of the property be used for community services, according to the Wall Street Journal. Units will also be available to purchase as commercial condominiums.

The building will feature multiple, separate lobbies, entrances and elevators to appeal to a varied tenant base, according to Curbcut CEO Aaron Malinsky, and will also have a rooftop deck and outdoor terraces.

Cushman & Wakefield is leasing the property on behalf of the developers, who are spending more than $65 million on the project. [WSJ]Rey Mashayekhi


Related Articles

arrow_forward_ios
Nearly 60% of condo units built in Long Island City, Queens, since 2018 remain unsold. (iStock)

“You’ve either made the wrong shoes, or you’ve made too many”: LIC faces a serious condo glut

“You’ve either made the wrong shoes, or you’ve made too many”: LIC faces a serious condo glut
Square Mile Capital’s Craig Solomon and Hackman Capital Partner's Michael Hackman with Silvercup Studios at 42-22 22nd Street in Long Island City (Hackman; AAK via Wikipedia Commons)

Hackman, Square Mile in talks to buy Silvercup Studios

Hackman, Square Mile in talks to buy Silvercup Studios
48-49 35th Street in Long Island City and North River Company's Forrest Mas (Google Maps, North River Company)

Maquette doubles space at Matsil Building in Long Island City

Maquette doubles space at Matsil Building in Long Island City
A rendering of the site at 44-02 Vernon Boulevard in Long Island City and Douglas Durst

Owners of LIC’s “Lake Vernon” notch win in tug-of-war with Durst

Owners of LIC’s “Lake Vernon” notch win in tug-of-war with Durst
Clockwise from top left: 190 Beach 69th Street, 47-20 Center Boulevard and 2505 Bruckner Boulevard

These were the top outer borough loans last month

These were the top outer borough loans last month
From left: Eagle Lofts at 43-22 Queens Street in Long Island City, 292 North 8th Street in Williamsburg and The Landing at 15 Bridge Park Drive in Brooklyn Heights (Credit: Rockrose Development, Stonehill & Taylor Architects and StreetEasy)

Rockrose’s $350M haul tops March list of outer-borough loans

Rockrose’s $350M haul tops March list of outer-borough loans
38-42 12th Street (Credit: Google Maps)

Joint venture plans 400K sf commercial project for LIC

Joint venture plans 400K sf commercial project for LIC
The Real Deal interviews TF Cornerstone's Tom Elghanayan at REBNY's 124th annual banquet.

TF Cornerstone exec: How I got over Amazon dumping LIC

TF Cornerstone exec: How I got over Amazon dumping LIC
arrow_forward_ios

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

Loading...