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Monthly Archives: March 2017

Karan Singh purchased a four building portfolio in Astoria

Kushner Companies enter deal Kushner Companies and Karan Singh enter deal involving Queens’ property. Jared Kusher’s business has reached an agreement with Queens’ investor Karan Singh. The contract stipulates a four-building Astoria portfolio will be purchased by Singh for $76 million. This amounts to $615

Related Companies to develop site in Long Island City

Good news for Related Companies Related Companies has been developing a site in Long Island City for some time: the Blanchard Building. Now, reports have shown that the company has signed its first tenant on the site. VaynerMedia, a digital agency partly owned by Related,

Vacant 421a-Eligible Queens Site Hits Market at $35M

https://commercialobserver.com/2017/01/vacant-421a-approved-queens-site-hits-market-at-35m/ Queens-based developers AB Capstone and Bronstein Properties are selling a vacant site—with approved development plans in place—in the Ridgewood section of the borough for $34.9 million, Commercial Observer has learned. After acquiring the 40,000-square-foot site at 336-350 St. Nicholas Avenue in 2014 for $7.7

LargaVista shells out $27 million in Long Island City

New acquisition for LargaVista Companies New reports have shown that LargaVista Companies has purchased a 50,000 square foot warehouse. The comapny owned by Marcello Porcelli has bought this property for $27 million. The warehouse in question is located in the Queens Plaza North section of