Developers of planned 70-story tower in Long Island City sell site to Durst Organization
The developers of a planned 70-story tower that would become the tallest building in Queens have sold their site, according to The New York Times. Kevin Maloney and Kamran Hakim purchased a site at 29-37 41st Ave., next to a Long Island City clock tower building in Queens Plaza. They poured about $750 million into acquiring the site […]
NYC launches app allowing drivers to pay metered parking on smartphone
December 19, By Hannah Wulkan Drivers will soon be able to park on the street without worrying about having to pay at the meter. Mayor Bill de Blasio announced this morning a new initiative that would allow customers to pay for on street parking directly from a smartphone app. The new program, called ParkNYC, will […]
Astoria/Long Island City transaction report – 3Q 2016 – by Rubin Isak
Rubin Isak, Rubin Isak Below I will highlight details on the most recent Astoria and Long Island City commercial and investment property sales: • 18-31 42nd St., Astoria – Sold on November 2nd for $2.7 million. The subject property is a 7,180 s/f warehouse plus office building situated on a 100’ x 100’ lot. It […]
Push On To Change Name Of Long Island City, Queens
NEW YORK (CBSNewYork) — Some members of the Queens Tourism Council are pushing for a name change for a sometimes- misunderstood area of the city. On Vernon Boulevard in Long Island City, some businesses have “L.I.C.” written on their signs. Many people think everyone should call Long Island City by the initials to cut down […]