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60 Guilders aims to add outer borough industrial to portfolio
07
Real estate investment firm 60 Guilders is set to push into the outer boroughs industrial market as demand from the e-commerce sector surges.
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JMH ditches Long Island City hotels, now eyes mixed-use apartment building
07
JMH Development has abandoned its plan to build a five-story, 289-key luxury hotel project in Long Island City. Instead, it will use the same property
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Amazon commits to LIC, will take million sf at One Court Square
05
Tech giant Amazon will build an East Coast headquarters in Long Island City, bringing 25,000 new jobs and millions of dollars of capital investment to
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Amazon critics missing prime opportunity, say biz leaders
05
With the announcement that e-commerce giant, Amazon, will set up one of two new headquarters in Long Island City, one phrase has been on the minds of both
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Lee & Associates tapped to lease LIC loft building
07
Lee & Associates NYC has been retained on an exclusive basis to lease 10-15 46th Avenue, a four-story, 50,000 s/f Class-A office building in the 46th
Residential
New Development: Sixth Ave. building breaks ground, sales launch at UES ‘House & Tower’
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● Landsea Homes, DNA Development Sixth Ave. building breaks ground Landsea Homes, in partnership with DNA Development, have officially broken ground on
Deals & Dealmakers
Vorea Group agrees to $350M ground lease deal for LIC site
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Brooklyn development firm The Vorea Group has just signed a 99-year ground lease at 23-20 Jackson Avenue in Long Island City. Photo via The Vorea Group’
Deals & Dealmakers
New Development: Art Deco-inspired offering
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● Ceruzzi Properties Art Deco-inspired offering Ceruzzi Properties has announced that its offering plan for The Centrale has been declared effective. 
Retail
Survey: LIC residents hungry for restaurants
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In the wake of recent news about declining retail sales nationally and brick-and-mortar store closings in New York, a new survey finds that there is strong
Deals & Dealmakers
SELLING POINTS: NY EZ closes on Flushing site, CBRE markets LES non-profit site
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● CUSHMAN & WAKEFIELD EZ closes on Flushing site Developer NY EZ Property Holdings has paid $23 million for a development site on the corner of Northern
Debt & Equity
MRC arranges $16M deal for McSam in Long Island City
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Madison Realty Capital (MRC) provided a $16.50 million acquisition and construction financing package collateralized by a partially-constructed hotel development
Deals & Dealmakers
60 Guilders aims to add outer borough industrial to portfolio
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Real estate investment firm 60 Guilders is set to push into the outer boroughs industrial market as demand from the e-commerce sector surges.