Long Island City
LIC Rental/Condo Tower Lands $388M Financing
Baron Property Group (BPG) and LargaVista Companies said Monday they had secured $388.5 million in construction financing for 30-25 Queens Blvd., a 46-story… Read more
Igloo Completes Lease-Up of Retail at Jasper Mixed-Use in LIC
Igloo has completed lease-up of the retail space at Jasper, a mixed-use project in Long Island City developed by The… Read more
Terreno Acquires LIC Industrial in All-Cash $16M Deal
Terreno Realty has acquired 11-40 Borden Ave., a two-story, 36,000-square-foot industrial property located in Long Island City. The seller was Wickersham… Read more
RFP Seeks Mixed-Income Housing for Parcel E at Hunter’s Point South
The New York City Department of Housing Preservation and Development (HPD) said Friday it has issued a Request for Proposals… Read more
Charney, Tavros Line Up $525M Financing for Long-Planned LIC Condos
Developers Charney Companies and Tavros, in partnership with Incoco Capital, have lined up $525 million in construction loan financing to develop 24-19 Jackson… Read more
Innovo Tops Out Multistory Industrial in Long Island City
Innovo Property Group (IPG) has topped out construction of its newest purpose-built multistory urban industrial facility, Review Avenue Complex. Located in the Borden Innovation… Read more
NYCEDC Issues RFI for Redevelopment of Long Island City’s Vernon Building
The New York City Economic Development Corporation (NYCEDC) released a Request for Information (RFI) Monday to solicit ideas and interest regarding the… Read more
LIC Adaptive Reuse Scores $125M Construction Loan
Arrow Real Estate Advisors secured a $125-million construction loan from iCross Capital on behalf of Z.D. Jasper Realty for luxury… Read more
Large-Scale Rezoning for Long Island City Launches Public Review
The Adams administration has launched the public review process for the OneLIC Neighborhood Plan, a proposal to add nearly 14,700 residential… Read more
Innovo Launches Leasing at Studio and Industrial Complex in Long Island City
Innovo Property Group (IPG) announced the completion and immediate availability of The Borden Complex. Located at 23-30 Borden Ave. in Long Island City’s… Read more
American Lions JV Opens The Italic Rentals in Long Island City
American Lions, a joint venture between Fetner Properties and Lions Group, has launched leasing at The Italic, a 50-story residential tower… Read more
M&T Realty Capital Furnishes Loan for LIC Opportunity Zone Affordable
M&T Realty Capital Corporation provided $38.71 million in financing for 29-17 40th Ave., a 103-unit affordable property in a Long… Read more
LIC’s Noodle Factory Sells in 1031 Exchange
RIPCO Real Estate closed the sale of a multi-story flex building named The Noodle Factory and located at 21-07 41st Ave. in… Read more
Stellar Completes Mixed-Use Office Building, Signs IWG as Anchor
Stellar Management has completed Astoria Pointe, a nine-story, Class A, 53,748 square foot, mixed-use office building located at 35-01 36th… Read more
Eastern Union Tallies Deals with 121 Lenders in 2024
Eastern Union placed and closed loans with 121 lenders in 2024 amid a market faced with stubbornly high interest rates, the… Read more
TF Cornerstone Scores $205M Financing on LIC Apartments
M&T Realty Capital Corporation provided $204.945,000 million in Fannie Mae financing to TF Cornerstone on 46-10 Center Blvd., a 584-unit… Read more
Brax Realty Arranges Deal for Long Island City Parcel
Brax Realty arranged the sale of a prime development site in Long Island City for $8,400,000, or $350 per buildable square… Read more
New Empire Launches Sales at Luxury Condo Project in Woodside
New Empire Corp. has launched sales at Centric, a luxury 131-unit condominium currently under construction in Woodside, Queens. Located at 58-01… Read more