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Industrial

Peter Papamichael of Vorea Group buys 12-01 44th Avenue in LIC from Lawrence Aaronson of Craig Envelope

Back in September Real Estate Weekly reported that Vorea was in contract to purchase 12-01 44th Avenue after their announcement of the ground lease of 23-20 Jackson Avenue. Now Queensbeans.com has learned that Peter Papamichael of the Vorea Group recently…

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Silver Star Motors Completes its Structure on First High-Rise Building in Long Island City

Silver Star Motors, a long time Queens Mercedes-Benz dealership has just completed it structure on 37-14 36th Street. 37-14 36th Street one of the very first high-rise multi-family residential building in east Long Island City/Dutch Kills section of Queens, NY…

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Peter Papamichael of Vorea Group signs 99 Year Ground Lease in Long Island City with Land owners and brothers Yury and Michail Kandov of Prime Time Limo

  Another major deal has occurred in Long Island City. Peter Papamichael of the Vorea group signed a 99 year lease at 23-20 Jackson Avenue in Long Island City. The Lease is for $450,000 a year which comes out to…

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Newmark Holdings and Olmstead Properties Complete Purchase of 43-01 22nd Street in LIC for over $62 million from Roger Kaufman and Family

Last May, The Commercial Observer had reported on the 225,000-square-foot warehouse at 43-01 22nd Street in Long Island City being in contract for over $60 million. Queensbeans has just learned that the property has closed for $62,099,560. The building, which is…

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