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 marketing as an opportunity to build an apartment building with ground-floor retail, is zoned for both commercial and residential use.