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LIC022014

48real estate BIG-BOX RETAIL OPPORTUNITY New retail space is opening up in Long Island City. Winick Realty Group President Steven E. Baker announced that together with brokers Aaron S. Fishbein and Jeremy Schwartz, he will be marketing close to 150,000-square-feet of retail space at the new building located at 30-30 Northern Boulevard. Winick Realty Group is marketing the space on behalf of Alma Realty. “This is a perfect opportunity for a big box retailer to make their presence known in Long Island City,” said Baker, who worked with the leasing of Long Island City’s waterfront retail on behalf of TF Cornerstone. “We are pleased to be a part of this incredible project that will help reshape the Long Island City retail landscape as we know it.” The retail space will be within the new building, which will begin construction this year and includes three fl oors of retail under 200,000-square-feet of offi ce space. The building will be connected to Long Island City’s iconic seven-story “Apple Building” and will include about 3,000 employees. Two levels of underground parking with valet services are also included. The new building, which will be near Queens Plaza and the Ed Koch Queensboro Bridge, is also expected to bring a large additional amount of foot traffi c to the area. “Long Island City has everything from three millions square feet of Class A offi ce in the immediate area to 10,000 high rise luxury residential units and now the largest hotel brands in the world, including the Hilton, Marriot and Crowne Plaza,” said Fishbein. “Long Island City needs real retail to service the many growing elements of the neighborhood, and we are bringing the necessary amenities.” Winick Realty Group is looking for tenants of “all use groups,” including restaurants and lounges, which could use the multiple rooftop spaces. The group also encouraged big-box or large retail tenants to take the opportunity. “Long Island City is an incredibly dynamic neighborhood,” said Steve Valiotis, owner of Alma Realty. “Together with Winick Realty Group, Alma Realty embraces the opportunity to create a synergy of development in the neighborhood and bring this groundbreaking big-box retail opportunity to market, further complementing the new residential and offi ce uses in the immediate vicinity.” For more information on Winick Realty Group, visit www.winick.com.


LIC022014
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