Long Island City
Slate Property Group Closes on $86M Refi for LIC Apartments
Slate Property Group has closed on an $86.25-million refinancing for Dutch House, a 186-unit multifamily property located at 37-05 30th St. in Long Island City.… Read more
Ariel Arranges Condo Construction Loans in Brooklyn, Queens
The Capital Services Group of Ariel Property Advisors recently closed three loans from private lenders totaling more than $17 million to… Read more
LIC Parcel Trades to Developer at Full Price
Marcus & Millichap has closed the sale of 28-04 41st Ave., a development site in Long Island City, for $9,375,000.… Read more
Multi-Story Warehouse Sale Sets Pricing Benchmark for LIC
Marcus & Millichap recently closed the sale of 43-10 21st St., a two-story industrial property in Long Island City, Queens. The… Read more
Innolabs in LIC Reaches Full Occupancy with Rover Diagnostics Lease
King Street Properties and development partner GFP Real Estate today said that Innolabs in Long Island City has reached full occupancy… Read more
Arrow Secures Acquisition Loan for LIC Development Site
Arrow Real Estate Advisors arranged $9.0 million in acquisition financing for a development site located at 10-38 45th Rd. in… Read more
Marcus & Millichap Closes Sale of Court Square Development Site
Marcus & Millichap closed the $9.75-million sale of 42-81 Hunter St., a development site in the Court Square neighborhood of Long Island City, Queens. David… Read more
LIC Multifamily Tower Secures $111M Bridge Loan from PGIM
American Lions, a joint venture between Fetner Properties and Lions Group, secured a $111-million bridge loan for The Bold, a 28-story, 164-unit multifamily… Read more
Gotham Pickleball Signs with TF Cornerstone for Second LIC Location
TF Cornerstone (TFC) secured a new lease signing with Gotham Pickleball, a high-energy urban pickleball brand. Gotham Pickleball signed a 10-year, 26,000-square-foot… Read more
Stabilized LIC Rental Tower Secures $160M Refi
JLL Capital Markets advised World Wide Group and Rabina on a $160.25-million refinancing of QLIC, a 21-story, 421-unit luxury multifamily… Read more
Newly Delivered LIC Rental Tower Lands $224M Bridge Loan
JLL Capital Markets arranged $224.3 million in bridge financing for The Italic, a newly delivered, trophy mixed-use residential tower located… Read more
BioLabs@NYU Langone Relocates to Innolabs in Long Island City
King Street Properties and development partner GFP Real Estate, with NYU Langone Health, announced that BioLabs@NYU Langone, an incubator for early-stage biotechnology companies, will… Read more
City Council Enacts Massive Long Island City Rezoning
The New York City Council has approved the Adams administration’s OneLIC Neighborhood Plan. The largest rezoning the city has enacted in… Read more
Marcus & Millichap Sells LIC Apartments in 1031 Deal
Marcus & Millichap arranged the sale and financing of a 40-unit multifamily property at 27-08 39th Ave. in Long Island City,… Read more
New Empire Tops Off Construction on Centric Condos in Sunnyside East
New Empire Corp. has topped off construction on Centric, reportedly the tallest residential condominium project in Sunnyside East. The milestone… Read more
City Planning Commission Endorses OneLIC Rezoning Plan
The City Planning Commission (CPC) on Wednesday voted in favor of the OneLIC Neighborhood Plan, a proposal that would revamp… Read more
RIPCO Arranges Construction Loan on LIC Residential
RIPCO Real Estate arranged $23.15 million in construction financing for a ZD Jasper Realty and Winspire Development building located at 37-20… Read more
PCCP Provides $65M Refi on Long Island City Apartments
PCCP recently provided a $65-million senior loan to an ownership group managed by L+M Development Partners for the refinance of Pearson… Read more
55-Story Condo Tower Breaks Ground in LIC’s Court Square
Incoco Capital, along with developers Charney Companies and Tavros, held the groundbreaking of a 55-story residential tower in Long Island City’s Court Square. The future condominium encompasses… Read more