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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

One of Long Island City’s most active warehouse buyers has teed up Queens’ biggest deal in nearly a year....

Blackstone president Jonathan Gray and 145-07 156th Street in Queens (Credit: Getty Images and Google Maps)

Fresh off $18B industrial buy, Blackstone in talks for collection of warehouses near JFK

The Blackstone Group is reportedly negotiating another deal to expand its industrial property portfolio, after inking a nearly $19...

Amazon CEO Jeff Bezos and potential industrial sites in Brooklyn (Credit: Getty Images, Google Maps)

Amazon looking to lease up to 1M sf for Brooklyn logistics facility

Amazon may not be bringing thousands of employees to New York anymore, but it still has plenty of customers...

Carmelo Anthony and 845 East 136 Street in the Bronx (Credit: Getty Images)

Carmelo Anthony might bring a basketball facility to the South Bronx

Carmelo Anthony might convert a Bronx warehouse into a basketball facility. The ten-time NBA All-Star met recently with Bronx...

As the e-commerce industry booms, investors are betting big on new
urban warehousing

When Andrew Chung left the Carlyle Group to launch his own company four years ago, multistory industrial space for e-commerce...

Fruchthandler, Schron sell Red Hook warehouse for $100M

A partnership between the Fruchthandler and Schron families has parted with a 223,000-square-foot warehouse on the Brooklyn waterfront. Prime Storage picked...

The top 10 biggest real estate projects coming to NYC

A Bronx warehouse topped the list of largest projects in New York City last month. The Bruckner Boulevard project...

Mack-Cali sells Westchester distribution facility for $70M

Mack-Cali Realty has taken another step in its effort to reshape its portfolio. The company sold the Elmsford Distribution...

Maryland-based company pays $115M for Modell’s warehouse

A Maryland-based logistics real estate company paid $115 million for Modell’s warehouse in the Bronx. Realterm Logistics bought 1500...

UPS just bought a gargantuan Red Hook site for $303M

UPS bought an industrial site in Brooklyn that it had leased just last year and will likely be the...

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