Sunshine Lighting, a wholesale supplier of bulbs and lamps, is putting the property near Halleck Street on the market for $38 million. The site, which runs the Gowanus Canal and is just south of the Red Hook Ball Fields, is zoned for commercial use. Pinnacle Realty’s David Junik is marketing the building. The asking price…
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Emmes Asset Management, together with one of its U.S. pension fund clients, acquired a vacant four-story industrial loft building at 47-16 Austell Place in the Factory District of Long Island City, Queens for approximately $13.5 million. Emmes is implementing a multi-million dollar capital improvement program, repositioning the former storage and distribution center into a multi-tenanted…
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A local affiliate of the International Brotherhood of Teamsters labor union is looking to sell a development site near 5Pointz in Long Island City that offers just shy of 76,000 buildable square feet, The Real Deal has learned. The union is asking $29 million. The lot, which Pinnacle Realty’s Decio Baio and David Junik are…
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One of New York City’s longest-standing rivalries, between Eastdil Secured and CBRE for the lead in investment sales, now appears to be on ice. A new ranking this month by The Real Deal of New York City’s top investment sales firms for 2014 reveals a yawning gap between the two top firms. In 2014, Eastdil…
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