Wharton Equity snaps up LIC office building for $24M

Published on Friday, January 20, 2017 | posted by Carolina Bergara

Larry Cerullo and Steve Tallides, owners of the popular sports bar and event space Studio Square in Long Island City, sold a nearby office property at 35-01 36th Street for $24 million, or $538 a square foot, sources told The Real Deal.  . . .

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Shibber Khan's Criterion shopping large LIC dev site

Published on Wednesday, August 10, 2016 | posted by Carolina Bergara

Shibber Khan’s Criterion Group is looking to sell a massive, largely vacant Long Island City development site just a year after buying it, sources told The Real Deal.

“There is an uptick in demand in Long Island City for office space — from companies looking to relocate and end users that want to purchase their own headquarters space,” said Pinnacle Realty’s TRData LogoTINY David Junik, who is marketing the site along with his colleague Decio Baio
Junik added the site could benefit from a residential rezoning of the area, as a result of the Long Island City Core Neighborhood Planning Study currently being conducted by the Department of City Planning.
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Mitchell'sNY takes 80k sf in LIC

Published on Tuesday, June 28, 2016 | posted by Carolina Bergara

Mitchell’sNY, the company that delivers publications like The Real Deal and the New York Times, is doubling the size of its office space in Long Island City. . . .

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Emmes Turning Factory District Loft Into Mixed-use Complex

Published on Wednesday, February 18, 2015 | posted by Carolina Bergara

Emmes Asset Management, together with one of its U.S. pension fund clients, acquired a vacant four-story industrial loft building at 47-16 Austell Place in the Factory District of Long Island City, Queens for approximately $13.5 million. . . .

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Teamsters Put LIC Development Site Near 5 Points On The Market

Published on Tuesday, February 17, 2015 | posted by Carolina Bergara

A local affiliate of the International Brotherhood of Teamsters labor union is looking to sell a development site near 5Pointz in Long Island City that offers just shy of 76,000 buildable square feet, The Real Deal has learned. The union is asking $29 million. . . .

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Lightstone Joins Taxi Company’s 10-Story LIC Project

Published on Wednesday, November 26, 2014 | posted by Carolina Bergara

Updated, 12:06 p.m., Nov. 26: The owner of a Long Island City yellow-cab company has brought on The Lightstone Group a joint venture partner to develop a 10-story mixed-use building in the Queens Plaza North neighborhood, The Real Deal has learned. . . .

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