The Changing Face of Western Queens - Greiner
Transcription
The Changing Face of Western Queens - Greiner
APRIL 2007 THE CHANGING FACE OF WESTERN QUEENS Have you noticed that wherever you drive, concrete trucks are double-parked, construction derricks loom overhead, and steel is rising where parking lots and attached frame housing once stood. The following is a quick, property-by-property overview of the development transactions, which have most impacted the Western Queens skyline. SIOR, President, Greiner-Maltz 2 1 29-05 NORTHERN BLVD This 17,800sf site has been sold, then joint-ventured for the development of a 200,000sf residential condo/hotel. The first in Long Island City. 6 JOHN MALTZ, 3 4 41-02 NORTHERN BLVD 29-76 NORTHERN BLVD 40-40 NORTHERN BLVD A 40,000sf office lease has been This former Universal Ford This one acre site, sold to Public consummated for a Tollman— Dealership has been sold to Lexus Storage USA. Has been developed Hundley Hotels call center in this for their Queens flagship location. into a 111,000sf mini-storage facility. 225,000sf multi-story industrial loft building. 7 8 56-15 NORTHERN BLVD 37-16 QUEENS BLVD 62-10 NORTHERN BLVD This former 2-story, 27,000sf This 18,000sf site has been redeveloped into a This 2-story 72,460sf industrial commercial uniform laundry has building had once housed a watch- 50-room hotel operated by La Quinta Inn. been sold to a developer for its con- band factory and publishing house. version to retail and office space. It has now been sold to Toyota as their Queens flagship location. 10 5 42-07 NORTHERN BLVD Adding their unique prestige to Northern Blvd’s roster of auto-related retailers, Harley Davidson signed a 15-year lease for this 14,000sf showroom and garage facility. 9 38-01/09 QUEENS BLVD This site, buildable to 45,000sf, is under contract for its development for high-end commercial occupancy. 11 58-25 QUEENS BLVD 63-06/10 QUEENS BLVD This single story, 15,500sf ware- This former 23,000sf building house property will soon be the materials warehouse and showroom home of a new 77,000sf mid-rise has been transformed into a residential and retail property. 75,000sf residential mid-rise tower with residential and office space. John Maltz, SIOR, President of Greiner-Maltz can be reached at 718-786-5050 via email at jmaltz@greinermaltz.com, or at www.greinermaltz.com.