Property Markets Group is in contract to acquire a development site with 332,000 buildable square feet along the Gowanus Canal for about $50 million, or $150 per buildable square foot, sources told The Real Deal. A Pinnacle Realty team led by David Junik brokered the deal. Representatives for Pinnacle and PMG declined to comment. Read…
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Mitchell’sNY, the company that delivers publications like The Real Deal and the New York Times, is doubling the size of its office space in Long Island City. The warehouse, which sits right behind Jamestown’s Falchi Building, has five exterior loading docks and sits next to the Long Island Expressway, offering easy access into Manhattan. Read…
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Joe Pirrello’s Rodless Properties, an affiliate of bedspread and comforter manufacturer Rodless Decorations, is putting a 3.5-acre development site in Queens’ Hollis neighborhood on the market for $95 million, sources told The Real Deal. A Pinnacle Realty team led by Decio Baio, Fredric Stein and Paul Bralower is marketing the site as an opportunity to…
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The land near the historic Steinway Mansion in Astoria is on its way toward becoming a set of commercial buildings. A total of 11 two-story commercial buildings dubbed Steinway Park are currently being constructed on the land that houses the landmarked property. According to George Margaronis of Pinnacle Realty, the brokerage firm responsible for each…
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