Daniel Loeb Buys Stake in Long Island City Warehouse
Third Point manager Daniel Loeb has purchased a stake in a 150,000-square-foot former warehouse with plans to refubish it into office space. The three-story building, located in 30-02 48th Avenue in Long Island City, is set to receive a complete facelift, according to Crain’s. Loeb and real-estate firm Brickman will reportedly spend several million dollars […]
More Condos Planned for Long Island City
CO-OP/CONDO BUYERS July 20, 2015 — No sooner does foundation work get underway at 25-19 43rd Avenue, in Long Island City, for a new nine-story, 86-unit condo building than New York YIMBY announces two new condo buildings heading to 51st Avenue. Condos do seem to proliferate like bunny rabbits, don’t they? According to New York […]