Real Estate Office Space This Long Island City warehouse will become office space for tech, arts and media companies By Angela Matua The two-story building at 11-20 46th Rd. will become a four-story, 33,798-square-foot office building. The current 13,917- square-foot building was home to Alexandra International, a Russian goods wholesaler. According to city records, the developer Caerus Group originally planned to build a 23-unit apartment building but filed new plans for office space in October. The structure would include two rooftop decks, expansive windows and some room for parking, YIMBY first reported. The office space would attract technology, arts, media and information industry tenants. The building is set to be completed in summer 2017, according to Caerus Group’s website. There have been several new warehouses converted into office space in the neighborhood in the past year, including properties at 47-25 34th St. and 30-02 48th Ave. Mayor Bill de Blasio recently announced that Long Island City may be the new home of a burgeoning biotechnology hub in the city. He plans to invest $500 million in creating a life sciences campus and related lab space. 14 January 2017 i LIC COURIER i www.qns.com Photo courtesy of Caerus Group
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