Changing hands According to sources close to both the developers and The Real Deal, Home Depot has recently purchased a 7.3 acre-site in the neighborhood of Maspeth. Nowadays, that site encloses a Coca-Cola bottling plant. These same sources claim the transaction cost $63 million. Home
A new project in the works As previous reports told us, the Durst Organization made a big purchase last December. This company bought a site based in 27-28 Queens Plaza North, including the surroundings of the development. The transaction cost $173.5 million. When the exchange
TRADED: SFC 2004 FH LLC and others buy 10725 71st Av. from Partnership 1995 II, L.P. for $4.5 million
SFC 2004 FH LLC and others purchased 10725 71st Avenue in Forest Hills, Queens. This is a 2K2 building, classed for retail. It spans 6,500 square feet. The seller was Partnership 1995 II, L.P. The transaction cost $4.5 million. The trade occurred August 17th 2017.
TRADED: GS Main Street Realty LLC buys 13322 41st Road from Ling Jiou Mountain Buddhist Society for $6 million
GS Main Street Realty LLC purchased 13322 41st Road in Flushing North, Queens. This is a building classified as a 2M9 Religious Facility. It spans 2,500 square feet. The seller was Ling Jiou Mountain Buddhist Society. The transaction cost $6,000,000.The trade occurred August 17th 2017.
TRADED: The Hajjar Medical Office Building of Flushing buys 313420 35th Av. from the Calvary World Mission Church for $19 million
The Hajjar Medical Office Building of Flushing, LLC purchased 13420 35th Avenue in Flushing North, Queens. This is a G7 unlicensed parking lot. It spans 2,083 square feet. The seller was the Calvary World Mission Church. The transaction cost $19 million. The trade occurred August
As far as we are concerned, the fever for Long Island City is not going out any time soon. The latest luxury tower the neighborhood added to its long list is almost completely rented, with only six apartments left. We are talking about the Watermark
Subleasing is happening New reports have surfaced that insurance company MetLife will continue to sublease its office space. They own a significant area in the Brewster Building, based in Long Island City. As far as we know, Fidelis Care (a
As previous reports have shown, TF Cornerstone has teamed up with the city’s administration in order to build several new buildings in two parcels that are owned by the city. Among the things they were planning to construct, sources claimed they were a thousand
Among the several rental buildings that are currently being constructed in the Long Island City area, no other can compare to the ARC. The ARC is owned by the Lightstone Group and is being designed by GKV Architects. This is a ten story tower, but
A new makeover has gone down in the Ridgewood area, in Queens. A site that used to be employed for manufacturing was made over into a residential tower. The building will be known as The Mill and will be inaugurated come September. This is a