Citigroup Nets $143M For Long Island City Parcel
Financial services giant, Citigroup last week announced the sale of a site adjacent to the 50-story Citicorp Tower and Tower Two in Long Island City to Flushing-based developer CNG Realty – a move that will likely lead to development of the site as a massive mixed-use apartment complex, real estate sources said. Citigroup received $143 […]
Free High-Speed Internet Coming to Five Public Housing Developments
The Queensbridge Houses in Long Island City will be the first to receive free high-speed Internet under a city plan. View Full Caption DNAinfo/Jeanmarie Evelly THE BRONX — Five public housing developments in Brooklyn, The Bronx and Queens will receive free high-speed Internet service under a $10 million pilot project, Mayor Bill de Blasio announced […]
Hedge fund titan Dan Loeb buys stake in LIC office building
Hedge fund titan Dan Loeb buys stake in LIC office building Third Point partnering with Brickman to refurbish former warehouse July 17, 2015 02:20PM 30-02 48th Avenue in Long Island City (credit: CoStar) (inset: Daniel Loeb) Hedge funder Daniel Loeb is going in on Long Island City’s emerging office market after buying a stake in […]
Condos From $740K Gentrify New ‘Corner’ of Long Island City
Thursday, July 16, 2015, by Hana R. Alberts Name: The CornerAddress 47-28 11th StreetDeveloper: Kora Developers LLC and BK DevelopersSize: seven stories, 23 unitsPrices: Starting at $740,000Architect: ZproektSales and Marketing: Modern Spaces Please welcome to the dance floor The Corner, an apartment building inventively located on a corner (or, rather, spanning two) in Long Island […]