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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Demand For NYC Industrial Space Drives Rents Up

Published on Sunday, April 17, 2011 | posted by Carolina Bergara

No one thought much of it when a two-story, 12,700-square-foot industrial building in Sunset Park, Brooklyn, went on the market late last year. In due course, a bidder appeared and discussions began; then the floodgates opened. . . .

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