Pinnacle Realty of New York, LLC announced the following transactions: 10,000 sq. ft. warehouse at 45-30 38th St, LIC, was leased to Crown Foods International, Joshua A. Kleinberg, Brendan Burke and Paul Bralower represented both the landlord and the tenant. 9,500 sq. ft. warehouse at 39-26 24th Street, Long Island City, was leased to Boyce…
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David Lichtenstein’s Lightstone Group, owner of multi-family, retail and office properties in 27 states, is set to enter one of New York’s emerging residential markets, having just purchased a residential development site at 50-01 2nd Street in Long Island City for $19.3 million, or $105 per buildable square foot, Real Estate Weekly reported. The site’s…
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Pinnacle Realty of New York, LLC., announced the following transactions: David Junik, Gary Blum and Decio Baio, partners of Pinnacle Realty, represented the seller in the transaction. The sale has 183,456 sq. ft. of development rights, and the deal closed at around $105 per buildable s/f. The seller was a local landlord, who has built…
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Pinnacle Realty of New York, LLC., announced the following transactions: Although LIC is rapidly changing into a residential neighborhood, elements of the past remain. This month, Pinnacle Realty of New York, LLC also closed a transaction for an industrial building at 43-10 10th Street. Decio Baio, Gary R. Blum, George Margaronis and Michael Prange sold…
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