Queens
Multi-Story Warehouse Near JFK Scores $87M Loan
Triangle Equities Development Company and its partners Township Capital Inc. and L&B Realty Advisors LLP closed on an $87-million construction… Read more
Last-Mile Queens Industrial Trades to Prologis
NKF brokered the sale of 24 Woodward Ave., a key property for last-mile distribution and warehouse in Queens’ Ridgewood neighborhood.… Read more
City Renews Push for $2.7B BQX Streetcar Line
The de Blasio administration’s $2.7 billion plan to build the BQX streetcar route between Brooklyn and Queens is back on… Read more
ABS Arranges 12-Asset Sale-Leaseback for Pay-O-Matic
ABS Partners Real Estate completed the $25.3-million sale-leaseback of 12 Pay-O-Matic (POM) locations located in Manhattan, Brooklyn, Queens and the… Read more
Little Neck Industrial Lands Financing via NorthMarq
NorthMarq arranged a $17-million permanent-fixed financing for a 233,220-square-foot industrial/warehouse building located at 60-15 Little Neck Pkwy. in the Little… Read more
NYC Apt. Landlords Cut Back on Rent Discounts
As asking rents reach new highs, New York City’s apartment landlords know that would-be homebuyers are waiting for prices to… Read more
Commercial Rent Control Proposal Draws Fire from REBNY
With commercial rent control again on the agenda as legislation was introduced at Thursday’s New York City Council meeting, business… Read more
Co-Living’s The Collective Hires U.S. Development Head
Global co-living company The Collective named Simon Koster as head of U.S. development, based in New York. In this newly… Read more
Far Rockaway Resi Tower Scores $121M Financing
Berkadia secured $120.78 million in financing secured for 711 Seagirt, a 917-unit high rise multifamily property at 711 Seagirt Ave.… Read more
Hudson Yards is Now NYC’s Priciest Neighborhood
Manhattan has a new front-runner when it comes to pricing on for-sale housing, says PropertyShark. It’s Hudson Yards, where the… Read more
Rikers Closure Plan Clears City Council
The de Blasio administration’s $9-billion plan to close the Rikers Island prison facility and build four new jails to replace… Read more
Expanding Dermatology Practice Leases Full Building in LIC
ABS Partners Real Estate recently leased 31-79 Steinway St. in Long Island City to Bobby Buka Dermatology, a full-service dermatology… Read more
LIC Condo Tower Tops Out at 778 Feet
Skyline Tower in Long Island City has topped out at 778 feet tall. The residential condominium tower surpassed the height… Read more
Lee NYC Brings Orangetheory to Rockaway Beach
Lee & Associates NYC’s Jaime Schultz and Jeffrey Lopez negotiated a ground-floor, 3,200-square-foot lease at 133 Beach 116th St. in Queens’ Rockaway… Read more
Greystone Arranges Permanent Loan on Astoria Rentals
Greystone closed on a $37,050,000 permanent loan to an affiliate of the Shirian Family’s Lions Group to refinance 14-01 Broadway, a new… Read more
IKEA Will Introduce Urban Store Concept with Queens Location
IKEA will introduce a new urban store concept to the U.S. via its first location in Queens. The Sweden-based home… Read more
Clutter Enters Self-Storage Business with NYC-Area Portfolio
On-demand storage company Clutter, based in Culver City, CA, has entered the self-storage sector with its $152-million acquisition of the… Read more
Astoria Development Site Hits the Market at $9M
Development Site Advisors has been hired to sell 11-32 and 11-38 31st Ave. in the Astoria neighborhood of Queens. The… Read more
Seagis Adds to Outer Borough Industrial Holdings
Seagis Property Group made two industrial acquisitions totaling 101,340 square feet in Brooklyn and Queens. Pricing wasn’t disclosed. The larger… Read more