25-77 & 25-79 31st street are two 2-family properties that are located next door to each other on 31st street the buyer intended to buy it as a development sight. Together the properties will offer 50 feet of frontage and approximately 21,538 buildable square feet.
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 $45 a square foot. The
Out With The Old and In With The New, Historic RKO Theater in Flushing Is Being Replaced With Condos
RKO theater located on 135-35 Northern Boulevard in Flushing Queens, has been purchased for $66 Million. The buyers, Xinyuan Real Estate, a Chinese based real estate developer plan to transform the theater into a 269-unit residential building with 2 floors of retail. This is not
IN CONTRACT: Manouchehr “Manny” Malekan of the Malechite Group Ltd, to Sell 28-18 Steinway Street for $12.5 million
The Malechite Group Ltd, is in contract to sell their building at 28-18 Steinway Street in Astoria for $12.5 million, according to Manny Malekan, Principal of the Malechite Group. The property is a 24,600 square foot mixed-use office and retail building along Astoria busy Steinway
HHF is currently marketing the Development site for Kevin Maloney’s PMG, at 29-37 41st Avenue in Long Island City’s, Queens Plaza district. According to the marketing, the property is over 1 million square feet, with a 15-year 421 tax abatement, $35 million in brownfield tax
Plans were revealed and permits were filled for 88-08 Justice Avenue, Elmhurt Queens. These permits were filled earlier in 2015 however, recently revealed renderings provide an outlook to the final project. Plans have been slightly altered from the original permit fillings. New permits reveal a
In February, Queensbeans reported on JLL marketing a development cite for Citigroup for 780,000 square feet of development in Court Square of Long Island City. Now The Real Deal has reported that is has sold to a Queens based developer. Flushing developer Jia Shu Xu of C&G
Morali Architects PLLC, have filed plans for a new 7- Story Mixed use building on 34th Street in Long Island City. The site is currently a 19,500 square foot, 1-story warehouse, built to the lot and being used as a medical facility. The plans, which
Earlier this morning YIMBY released a, first-look, rendering by Montroy Andersen Demarco as the architect of record for the new project at 37-14 36th Street. According to the permits filled last summer a 10-story mixed use building totaling 102,292 square feet is to rise 123 feet.
Last March, 31-19 37th Avenue, sold by a local owner Bruce Sharp, who ran a title insurance company in the one-story warehouse, to a developer from China for $2,325,000. The site is a 3,400 square foot lot on the northwest corner of 32nd street and 37th avenue