What’s New
Citibank comes to LIC
New financial services location to open for business at Court Square
A BY ANGÉLICA ACEVEDO new Citibank location will be coming
to Long Island City’s Court Square
following negotiations by real estate
firm, Lee & Associates NYC.
Brad Schwarz, Lee & Associ-ates
NYC’s executive managing director and
Associate Brendan Reichenbacher, negotiated a
ground-floor, 4,300-square-foot lease at 5 Court
Square, between Jackson and Thomson avenues,
for Citibank.
“Court Square sits right in the center of the
burgeoning Long Island City neighborhood, making
it the perfect spot for a new location of the well-known
12 NOVEMBER 2019 I LIC COURIER I www.qns.com
Citibank,” Schwarz said. “Citibank needed
Lee & Associates
to relocate, and the best corner in Court Square
happened to be coming to market by way of a new
residential development. It ended up being a perfect
fit for all parties.”
The tenant of was represented by Salvatore Fer-rigno
and Hymie Dweck of Newmark Knight Frank.
The lease term for the space is 10 years, with the
asking rent as $150 per square foot.
/www.qns.com
/www.qns.com
