Queens
Customs and Border Protection Relocates Offices from JFK Airport
CBRE completed a 139,377-square-foot office lease for the General Services Administration on behalf of Customs and Border Protection (CPB) at… 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
Red Stone Equity Closes on Its Largest LIHTC Fund to Date
New York City-based Red Stone Equity Partners LLC has closed on Red Stone Equity – Fund 113 Limited Partnership, a $263.2-million multi-investor Low-Income… Read more
Lincoln Market Will Open Ninth Location at Silverstein’s River Place
Lincoln Market recently signed a 20-year lease for a 35,809-square-foot-store at River Place, 660 W 42nd St. The store is among the largest… 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 Construction Jamaica Multifamily Sale is District’s Largest Since 2007 Rezoning
RIPCO Real Estate closed the sale of 88-56 162nd St. for $18.8 million, marking the largest new construction multifamily building sale… Read more
A New Use for Unused Buildings: Self Storage Facilities
Pictured: 555 Bay Area Blvd., Houston. Originally an office building, the facility was converted to self storage in 2018. Photo… 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
Macerich Scores $525M Refi on Queens Center Mall
Retail REIT Macerich has refinanced Queens Center in the borough’s Elmhurst neighborhood at highly favorable terms with a new $525-million… Read more
MTA Issues RFP to Advance $5.5B Interborough Express Project
The Metropolitan Transportation Authority (MTA) has released a request for proposals to begin the preliminary engineering phase of the 14-mile Interborough… Read more
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
Steve Cohen, Hard Rock Unveil Renderings of Proposed Queens Resort-Casino
New York Mets owner Steve Cohen and Hard Rock International on Wednesday unveiled new renderings of Metropolitan Park, the $8-billion… Read more
NAIOP NYC, AAREA Team Up for Sept. 18 Networking Event
NAIOP NYC and the New York chapter of AAREA are teaming up for a networking event Sept. 18 at Yankee… Read more
JV Closes on $210M Refi for Transitional and Affordable Housing
A joint venture of Slate Property Group and Fundamental Advisors has closed on a $210-million refinancing for the JV’s Transitional and… Read more
Nonprofit Takes Over Retail Property in Queens’ Woodhaven Section
CBRE closed the $5.2-million sale of a prime retail property located at 65-35 Woodhaven Blvd. in the Woodhaven neighborhood of Queens. Innovative… Read more
TF Cornerstone Snaps Up Pair of Greenpoint Development Sites
TF Cornerstone has acquired two parcels on the Greenpoint, Brooklyn waterfront, according to published reports. The developer, which has built… Read more
