120,000SF building with 20,000SF floor plates located in Long Island City, Queens. I provided extensive feasibility and advisory services for the owner who was interested in taking advantage of the strong demand for smaller units. The building was exclusively used by the printing trade with a need for large open space occupying entire floors. Typically smaller units garner a larger per square foot rate than larger units. Given the proximity to midtown Manhattan just one subway stop away, I provided the owners with various proposals that would optimize the floor plate and make efficient usage, thus yielding a higher income and increasing the properties value. Services included: market studies, pre-leasing, design and build-out studies, and consultations with municipalities, architects, and legal teams.
The building features: superb views of the east river and the NYC skyline with large open floor plates, high ceilings, good natural light, solid concrete construction, passenger and freight elevators, wall to wall windows, great natural light, rooftop garden, very convenient employee and client friendly location with many subways and highways close by, also just one subway stop from midtown Manhattan.
Conversion, Development, Loft, Long Island City, New York City, Office