Tag: Long Island City

LIC warehouse sold for $7.6M in deal handled by Modern Spaces

Dec. 26, 2024 By Ethan Marshall Modern Spaces, a Long Island City-based real estate firm, announced it brokered the $7.6 million sale of a 16,800-square-foot warehouse located at 48-29 31st Place in Long Island City. The deal, finalized on Thursday, Dec. 5, marks another significant transaction in the borough’s evolving industrial real estate market. The… Read more »

First retail leases announced for Malt Drive development in LIC

Dec. 24, 2024 By Ethan Marshall The real estate developer TF Cornerstone announced its first retail lease signings for its new Malt Drive development at 2-20 and 2-21 Malt Dr. in the Hunter’s Point South section of Long Island City on Tuesday, Dec. 17. The businesses joining the 1,386 residential units at the Malt Drive… Read more »

Permits filed for new 6-story homeless shelter in Long Island City

Dec. 23, 2024 By Ethan Marshall Permits have been filed for the construction of a new 6-story homeless shelter at 38-78 and 38-80 11th St. in Long Island City. Located on the corner of 11th Street and 40th Avenue, this proposed development, referred to as the Bowery Residents’ Committee (BRC) Family Shelter, would be 70… Read more »

Lavender Court Ladies Luncheon in Long Island City honors inspiring women of Queens

Dec. 17, 2024 By Ramy Mahmoud and Queens Post News Team The Lavender Court Ladies Luncheon celebrated outstanding women leaders in Queens on Tuesday, Dec. 10, honoring their achievements across business, community advocacy, and leadership. Hosted by the event founders, Queens Deputy Borough President Ebony Young and restaurateur Gianna Cerbone, the annual event took place… Read more »

Popular Long Island City vet shuts down after nearly two decades

Dec. 12, 2024 By Shane O’BrienĀ  CityVet, a popular vet serving Long Island City and Astoria, will close its doors for the final time today, Dec. 12. CityVet announced on Wednesday evening that it would permanently close 45-44 Vernon Blvd. in an Instagram post after a 17-year run in Long Island City. The company cited… Read more »

Long Island City development moves forward with $70M loan for 26-story building

Dec. 10, 2024 By Ethan Marshall The real estate developer Slate Property Group announced that it has partnered with White Oak Real Estate Capital to provide a $70 million construction loan to Watermark Capital Group for the development of a 26-story, 184-unit multifamily building at 41-08 Crescent St. in Long Island City. Watermark Capital Group,… Read more »

LIC Partnership and LIC BID to host annual meeting at the Foundry Tuesday night

Dec. 10, 2024 By Shane O’Brien Long Island City Partnership (LICP) and the Long Island City Business Improvement District (BID) will host their first-ever combined annual meeting Tuesday evening to celebrate a year of growth in the neighborhood and look ahead to the future of Long Island City. The annual meeting, which will take place… Read more »