Deals & Dealmakers
SELLING POINTS: Cushman & Wakefield markets Little Neck temple
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● CUSHMAN & WAKEFIELD Temple selling Little Neck site Cushman & Wakefield has been retained to arrange the sale of 54-27 Little Neck Parkway, a 1.
Retail
Planet Fitness chain opening its first Long Island City gym
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29-22 Northern Boulevard, a newly constructed rental building Planet Fitness, which now has more than 1,800 locations across the United States, has signed
Residential
DONE DEALS: Big catch in Rye
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Douglas Elliman Real Estate’s Nancy Strong and Stacey Oestreich have sold 408 Grace Church Street in Rye, NY, for $12.75 million. Celebrities, sport stars
Deals & Dealmakers
Cinema to anchor new 120,000 s/f Sunnyside office property
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Wexler Healthcare Properties at The Corcoran Group has been appointed as the exclusive agent of a new mixed-use building currently under construction at
Construction & Design
A better way to LGA? Blogger challenges Cuomo’s AirTrain proposal
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Community members have a say in the location of the proposed AirTrain LGA and if one New Yorker gets his way, the final plan won’t be anything like the
Debt & Equity
Loktech turns to itʼs ally for $25M financing
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Investors Bank recently provided $25.8 million in permanent financing to replace the construction loan on The Loketch Group’s multi-family housing property
Deals & Dealmakers
Queens no longer an investment wallflower
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Bargain-hunting investors have driven pricing in Queens to new heights and the search for ROI is leading to wallflower neighborhoods that include Sunnyside
Featured
Astoria Rising: Queens neighborhood primed for vertical expansion
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As far as outer-borough enclaves go, Astoria is anything but typical. Other neighborhoods along the once-blighted Brooklyn-Queens industrial belt have
Deals & Dealmakers
Church planning to build 150-unit residential property in Far Rockaway
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The Far Rockaway Church of the Nazarene and developer Kiumarz Guela have filed plans to build a 150-unit residential property in Far Rockaway, Queens.
Deals & Dealmakers
SELLING POINTS: Zara buys Elmhurst apartments, JLL markets ‘Billionaires Row’ dev site
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● ZARA REALTY Queens investor makes long-term commitment Zara Realty has purchased 94-25 57th Avenue in Elmhurst, Queens for $56.5 million.
Featured
Flush with new development, builders are bankrolling a new Jamaica
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Three years after the City of New York released an action plan in an effort to spur economic development and growth in Jamaica, Queens, the neighborhood’s
Residential
New Development: Rose to lease The Alexander, Corinthian Collection debuts
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Rose Associates Rose to lease The Alexander Rose Associates has been named the exclusive managing agent at The Alexander at Rego Center, a new luxury rental