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. Pinnacle Realty’s George Margaronis and David Junik represented the buyer. Meridian Capital’s David…
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Pfizer sold the last remaining piece of its development site at Brooklyn’s Broadway Triangle. Developer Abraham Brach paid $27.5 million for the property and is planning a residential-and-community facility building for the Orthodox Jewish community, sources told The Real Deal. Pinnacle Realty’s Abraham Lowy represented Brach, while Cushman & Wakefield’s Frank Frizalone represented Pfizer. Read…
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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…
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Joe Pirrello’s Rodless Properties, an affiliate of bedspread and comforter manufacturer Rodless Decorations, is putting a 3.5-acre development site in Queens’ Hollis neighborhood on the market for $95 million, sources told The Real Deal. A Pinnacle Realty team led by Decio Baio, Fredric Stein and Paul Bralower is marketing the site as an opportunity to…
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