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 [email protected], or at www.greinermaltz.com.