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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Nonprofit Inks Big LIC Lease

Published on Monday, July 21, 2014 | posted by Carolina Bergara

Non-profit child care and foster agency the New York Foundling will relocate part of its staff to the entire fifth floor of 33-00 Northern Boulevard in Long Island City on a 15-year, 35,000-square-foot lease, Crain’s New York Business and the Wall Street Journal reported this morning. . . .

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Emmes Buys Astoria Beer Garden Site For $30m

Published on Thursday, June 12, 2014 | posted by Carolina Bergara

Emmes Asset Management paid $30 million for a six-story former warehouse in Astoria that houses the beer garden Studio Square, the Midtown-based firm told The Real Deal. . . .

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