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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Lightstone Group Plans LIC Development

Published on Friday, August 26, 2011 | posted by Carolina Bergara

David Lichtenstein’s Lightstone Group, owner of multi-family, retail and office properties in 27 states, is set to enter one of New York’s emerging residential markets, having just purchased a residential development site at 50-01 2nd Street in Long Island City for $19.3 million, or $105 per buildable square foot, Real Estate Weekly reported. . . .

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