Madison Realty Capital is in contract to purchase a 3.5-acre property in Queens’ Hollis neighborhood for $78 million, sources familiar with the transaction told The Real Deal. The transaction would give them control of roughly 615,000 square feet of rentable office and industrial space, with tenants such as French Connection and Gotham Greens. A Pinnacle…
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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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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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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. The warehouse, which sits right behind Jamestown’s Falchi Building, has five exterior loading docks and sits next to the Long Island Expressway, offering easy access into Manhattan. Read…
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