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Long Island City real estate firm closes after four years in business

Dream

Feb. 10, 2016 By Christian Murray

Dream Property Group, which had a large office on the corner of 48th and Vernon Avenues, closed last month stemming from a disagreement between the two business owners.

The real estate firm, which had been in business for four years, had been faring well and had built a name for itself in the rental market, according to real estate sources. It opened just as the market was starting to heat up.

The issue between the partners was not clear.

The firm hired numerous agents over the years.  Many of these salespeople have gone on to work at other nearby firms such as Space Marketing Shop, Modern Spaces and Douglas Elliman.

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16 Comments

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hmmmmmmm

i had a guy stop in my office today looking to open a shoe repair

does anyone think that would fit here? rent isn’t ideal for his services, but maybe the owner would have some consideration

he would also provide other services as well.

Reply
Nameless

Just this week, I looked at my snow-damaged shoes and wished for a local shoe repair. Perhaps he could work out of one of the dry cleaners?

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Silent majority

Brick and mortar stores don’t exist anymore. Yuppies and Hipsters shop online. The only time they go out is to get a kale protein smoothie and get there iconic beards tripped.

Reply
the_the

Lots of businesses dissolve due to infighting between partners.

Most likely will get TWO more real estate agencies in the neighborhood soon.

Reply
MRLIC

Many people in LIC think the infrastructure can’t handle the influx of more people. The 7 line is at capacity now. Overkill is the word for LIC. Where are the stores?

Reply
BroadenRetail_LIC

Please, please, please use the space for another nail salon, restaurant owned by Shi or Blend or better yet, another real estate office!

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