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. Theodore Strauel, owner of the Team Systems Corp. taxi company, filed an application with…
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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. Josh Kleinberg of Pinnacle Realty negotiated the deal on…
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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. Emmes made the deal on behalf of one of its pension fund clients, which it did not identify. The seller, S Hospitality Group, occupies the entire space at…
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Pinnacle Realty of New York announced the following transactions: Approximately 75,000 square foot building + 10,000 sq. ft. lot, located at 58-75 Queens Midtown Expressway Maspeth NY to Lucky Supply Inc for $12,500,000. Partners David Junik; James Tack represented the sellers and associate broker Abraham Lowy represented the purchaser. Approximately 32,000 square foot building located…
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