Deutsche Bank refinances loan A partnership comprised by three different companies has secured a refinancing of over $212 million. The companies in question are Property Markets Group, the Hakim Organization and New Valley. They own a 44 story rental tower based in Long Island City.
Kevin Maloney’s PMG and Hakim Organization Selling Another Development Site Development Site in Queens Plaza – 42-50 24th Street, LIC
Back in the summer, QueensBeans was the first to report that HHF began marketing The Clock Tower in LIC for Kevin Maloney’s PMG. That site sold to Durst at the end of last year and now PMG and the Hakim Organization have brought another development site
IN CONTRACT: After selling to PMG, “Taxi King” Ron Sherman to buy two properties totaling over $13 million from the Eckhoff Family
Ron Sherman, owner of more than 40% of the yellow taxi cabs in New York City, is in contract to buy two properties in Long Island City. According to sources close to the seller, 36-32 21st Street is set to sell for approximately $4.1 million and 36-22 14th
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
The development of the city’s tallest skyscraper is currently in the works. Thanks to Property Markets Group and the Hakim Organization, Queens will be home to the tallest NYC building outside Manhattan. New renderings offer a closer look at the 914-foot tall building, to be