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44-28 Purves Street – BRAUSE REALTY AND GOTHAM ORGANIZATION ANNOUNCE LEASING LAUNCH OF “THE FORGE” IN LONG ISLAND CITY

New luxury rental development offering the ultimate amenities and sustainable living experience further solidifies LIC as desirable living destination NEW YORK – June 20, 2017 – Brause Realty Inc. and Gotham Organization, Inc. are pleased to announce the leasing launch…

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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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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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TRADED: Brian Pun of FSA Plaza buys two LIC Buildings from Arkady Sheynin of Gold Seal Limo for $10.17 million – 2-23 Borden Avenue & 2-24 51st Avenue

2-23 Borden Avenue & 2-24 51st Avenue were just sold to Brian Pun, whom with Chris Xu is developing the tallest building in Queens. The two adjacent lots in Long Island City, Queens, sold for $10,170,000 according public record and a…

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Long Island City Business Improvement District Considers Establishing a Sub-District

Long Island City has been seeing a progressive development for a while now. With various investments in the district, along with developments—both of residential and commercial purposes, establishing a sub-district could better serve the cause of further developing LIC. The…

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