Development sites sell for $44M in latest Long Island City deal
Development sites sell for $44M in latest Long Island City deal GDC Properties picks up plot that allows 150K sf development October 20, 2014 01:40PM By Claire Moses 11-22 45th Road, Long Island City UPDATED 2:10 p.m. October 23: The Westchester-based GDC Properties bought two adjacent parcels in Long Island City for $44 million, according to […]
Santander Finances GDC Long Island City Industrial Buys
Santander Bank provided a $22 million loan to Hawthorne, N.Y.-based GDC Properties to facilitate the acquisition of two Long Island City industrial properties ripe for conversions, city records show. 11-24 45th Road. The retail and residential developer acquired a one-story warehouse at 11-24 45th Road from a seller listed as Eunhasu Corporation for $37 million […]