Long Island City
Durst Organization’s LIC Tower Recapitalized for $105M
Affinius Capital LLC closed on a $105-million investment to recapitalize Sven, a 958-unit multifamily property in Long Island City. The… Read more
Marcus & Millichap Closes Sale of Adjacent Office and Industrial in Queens
Marcus & Millichap closed the sale of adjacent industrial and office properties in Long Island City, Queens, for $8.5 million. Jakub… Read more
NY Tri-State Film & TV Sector Rebounds from 2023 Strikes
The New York Tri-State film and TV industry–arguably the birthplace of the sector more than 125 years ago–has rebounded from… Read more
Charney Companies Doubles Headquarters Space, Scales Up Platform
Charney Companies is growing its leadership and footprint with key hires and an expanded office as its development, management and brokerage sectors… Read more
Eastern Union Arranges $72M Financing on LIC Condos
Eastern Union VP Chaim Greenfeld has secured $72 million in construction financing toward the development of a 117-unit luxury condominium… Read more
Biopharma Company Relocates Offices from Manhattan to LIC
Inspirna, Inc., a clinical stage biopharmaceutical company developing cancer therapeutics, is relocating its offices from Manhattan to the outer boroughs.… Read more
JV Leases LIC Field Office for Upcoming Amtrak Infrastructure Project
Kaufman Organization and True North have signed part of the second floor of 21-01 51st Ave. in Long Island City, also known as the Cardinal… Read more
JV of Fetner and Lions Group Begins Leasing at LIC Rental Tower
American Lions, a joint venture between Fetner Properties and Lions Group, has begun leasing at The Bold, a new 28-story residential tower at 27-01 Jackson… Read more
Naftali Credit Partners Closes on Mezz Loans for Condo Projects
Naftali Credit Partners closed on two mezzanine loans marking the fourth and fifth deals of its second opportunistic debt fund. These latest transactions… Read more
Bright Start, Club Pilates and Glowbar Join Jasper in LIC
The Domain Companies, LMXD, the VOREA Group, and Bridge Investment Group have announced three new retail leases totaling approximately 7,600… Read more
Skanska Signs 20K-SF Lease in LIC
Skanska USA Civil Northeast has leased the second floor of the Cardinal Building, located at 21-01 51st Avenue in Long… Read more
Trader Joe’s Plans to Add Eight SoCal Locations
Trader Joe’s plans to add eight grocery stores to its Southern California roster, representing one-third of the Monrovia-based retailer’s planned expansion… Read more
Innovo Unveils 736K-SF Industrial Facility in LIC
Innovo Property Group (IPG) has unveiled its latest development, The Review Avenue Complex, a multistory urban industrial facility in Long… Read more
Carlyle Group Acquires Four Self-Storage Properties for $110M
Private equity firm The Carlyle Group has expanded its real estate portfolio with the acquisition of four self-storage facilities in the outer… Read more
ZD Jasper Buys LIC Waterfront Development Site for $47M
JLL Capital Markets recently completed the $47 million sale of 45-40 Vernon Boulevard, a development site with an approved concept… Read more
Fetner Sells Remaining Interest in Two Buildings to ESRT
Fetner Properties has completed the sale of its remaining interest in two buildings, The Victory at 10th Avenue and 41st… Read more
Sam Chang Sells LIC Hotel for $40M
Sam Chang, known for his budget hotel developments, has sold a 142-key hotel at 38-04 11th Street in Long Island… Read more