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Category Archives: Industrial

Real Estate Giants Investing in Long Island City

Daniel Loeb, Hedge fund leader, has been going in on the emerging office market in Long Island City. He recently bought a stake in the 150,000 square-foot former warehouse in the Queens neighborhood. His Third Point investment fund has partnered with the real estate firm

Sunnyside Warehouse for Sale at $65 Million, 27-11 49th Avenue

  The 215,000 square-foot property at 27-11 49th Avenue is Sunnyside is on sale with an asking price of $65 million. This Sunnyside warehouse sits on a 2.5-acre property, which has been used for the manufacturing of cosmetic products. This three-story storage and distribution facility

NYU Langone Coming to Long Island City

NYU Langone Medical Center plans to open a two-story, 45,000-square-foot multispecialty ambulatory care facility in Long Island City. The health system agreed to a 31-year lease with Norvin Healthcare Properties for a site at 21-21 44th Drive. The Manhattan real estate private-equity fund bought the

47-37 AUSTELL PLACE, LONG ISLAND CITY – (NEW LISTING)

Queens Beans has just learned of a new multi-story industrial warehouse loft building on market by HFF. The property at 47-37 Austell Place, is a 114,973 square foot building with a 132,200 square feet rentable according to sources. The building is currently owned by Time

35-11 9th Street — Cigar Factory up for Grabs!

35-11 9th Street — Cigar Factory The landmark cigar factory in Long Island City is currently on the market and is fielding major offers for the 102,670-square-foot commercial property. The Real Deal recently reported that the converted warehouse, currently owned by Hudson Realty Capital, has

47-33 5th street – New Development – Video

47-33 5th Street A four-story industrial building at 47-33 5th Street was sold for $12 million recently and could be turned into a residential development, the Queens Courier reported. Eunhasu Corporation, a Elmhurst-based developer, purchased the property from Simon Blitz, who received nearly a $10

43-01 21st Street – New Development – VIDEO

43-01 21st Street – New Development The long, twisty story of the office space at 43-01 21st Street has reached its pinnacle, and the 124,000-square-foot warehouse in Long Island City finally has a new owner. But only thing we know is that the mystery buyer

47-16 Austell Place – New Development – Long Island City – VIDEO

47-16 Austell Place – New Development  The Manhattan-based Emmes Asset Management Company has been busy try to reform the real estate landscape of Astoria/LIC recently.  First, they bought the six-story building at 35-37 36th Street for $30 million last year — a current home of