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QC02062014

40 The QUEE NS Courier • business • february 6, 2014 for breaking news visit www.queenscourier.com ▶business ▶Big-box retail opportunity in LIC 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-squarefeet 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 on 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.” Construction will begin this year on the new building, which will include three retail floors under 200,000-square-feet of office space, as well as two levels of underground parking with valet services. The building will be connected to Long Island City’s iconic seven-story “Apple Building” and will accommodate about 3,000 employees. The new building, which will be near Queens Plaza and the Ed Koch Queensboro Bridge, is also expected to bring a large amount of additional foot traffic to the area. “Long Island City has everything from three million square feet of Class A office space 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 bigbox 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 office uses in the immediate vicinity.” For more information on Winick Realty Group, visit www.winick.com. Flushing hotel set for March open BY MELISA CHAN mchan@queenscourier.com A chic hotel nearing completion in Flushing is slated to open next month, officials announced last week. The Parc Hotel, operated by Real Hospitality Group, is in its final construction stage and will open in March at 39-16 College Point Boulevard, the Maryland-based company said. The luxury hotel will have 96 guest rooms and suites, a private rooftop lounge that is 13 stories above street level, and even a dog spa. Located near Main Street and Roosevelt Avenue, it is one of the many hotels currently being built in booming downtown Flushing. An 18-story Westin Element hotel at 42-31 Union Street is almost complete. And Starwood Hotels & Resorts Worldwide, Inc. is looking to build a dualhotel complex Flushing at 35th Avenue and 114th Street by September 2015. Photo rendering courtesy of Real Hospitality Group The Parc Hotel will open in downtown Flushing next month.


QC02062014
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