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New York & Tri-State  + Outer  + Retail  |  February 22, 2024
Emily Fu
By: Emily Fu

Butterfield Market to Open in LIC 

A joint venture between The Davis Companies, SB Development, and Hazelton Capital announced Butterfield Market’s upcoming opening at Rise LIC, a mixed-luxury apartment building in Queens.  

Located at 29-17 40th Avenue, the market will span over 10,000 square feet. Rise LIC includes 103 apartments and offers amenities like a rooftop terrace, fitness center, community laundry room with a pet spa, and concierge services.  

Butterfield Market, a family-run business since 1915, will feature a retail marketplace and commissary kitchen, offering a selection of prepared foods, salads, baked goods, and specialty items. Winick Realty Group represented both sides of the transaction. Thomas Galo represented ownership, while Charles Rapuano represented the tenant. 

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Inside The Story

Thomas Galo

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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