Long Island City

Long Island City

Green Retailer Organic Avenue Expands Operations Into Long Island City

Thu

Sep

Organic Avenue, the Lower East Side-based purveyor of a broad range of organic products and vegan "experiences," including eco-friendly jeans and organic cooking classes, recently inked a 3200-square-foot lease for industrial space at 43-37 Ninth Avenue in Long Island City. The company will use the one-story building as manufacturing space to produce juice, food, clothing, and other products to support its online and retail operations in Manhattan. We wrote about Organic Avenue a while back in the context of what we dubbed, at the time, the Lower East Side's emerging green retail district; the company now boasts two retail outposts at 101 Stanton Street and 43 Eighth Avenue in the West Village. In late August, the retailer was rumored to be expanding into new space on Suffolk Street that was formerly occupied by Rothko, though it's unclear where those efforts stand currently. With respect to the Long Island City space, Kalmon Dolgin Affiliates, Inc. represented both landlord Schuman Properties and tenant in the lease negotiations.

Standard Motors Building

Green Incubator: NY Designs Business Center in Long Island City

Thu

May

by Stephen Del Percio

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NY Designs is a program sponsored jointly by the CUNY Economic Development Corporation and LaGuardia Community College. Housed on the seventh floor of one of LaGuardia’s buildings in Long Island City, the $6 million, 35,000-square-foot space opened in 2006 with a number of green design features, including recycled tire carpet. Its mission? To "grow New York design firms." Current tenants include graphic design outfit Tribecca Designs, fashion designers eenamaria, and AR Architects. Lease terms range from six months to three years at an extremely affordable $2.50 to $3.00 per square foot (thanks to grants from NYSERDA, HUD, and ConEd, among others). In order to apply, firms must submit a business plan and demonstrate "the potential to grow in revenues, employees and use of capital." Tenants enjoy seminars on small business planning and receive free Internet connections and discounted phone rates. Interested businesses can apply for space through the NY Designs web site here.

Green Retrofits Pending for Long Island City’s Standard Motors Building

Tue

Apr

by Stephen Del Percio

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The 300,000-square-foot, six-story Standard Motors Building at 37-18 Northern Boulevard in Long Island City will soon be transformed into a $40.6 million mixed-use, commercial loft development that will also offer ground-floor retail space. Purchased by a JPMorgan Chase-backed pension fund, the project has been in the works for some time. Standard Motors Products, which has outsourced much of its manufacturing operations from the site, wanted to sell the building for the highest possible price, but also lease back 60,000 square feet and retain control over the incoming tenants. Greiner-Maltz handled the sale and negotiated with over 15 bidders. John Maltz told GlobeSt.com that the JPMorgan bid was "the most qualified financially, and we felt that they were the most qualified to fulfill their promise and select the right tenants."

Forest City Ratner in New Rochelle, Green Power Award for Citi, & 25 Years for SJP

Sun

Feb

by Stephen Del Percio

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EPA recognizes Citi as leading green power purchaser, including 100 percent at LEED Gold Court Square Two in Long Island City
Forest City Ratner to build $450M mixed-used development in New Rochelle under LEED
New Brunswick legislature calls on Trenton to quickly enact proposed legislation to offer developers tax breaks for building under LEED
SJP Properties marks 25 years in New York area real estate market and 1.6 million square feet of LEED Gold and Silver office space under construction at 11 Times Square and Waterfront Corporate Center III in Hoboken