26 The CourieR SUN • REAL ESTATE • JANUARY 1, 2015 FOR BREAKING NEWS VISIT www.couriersun.com Hotel near LaGuardia Airport sells for $14.5 million ▶ real estate 17-STORY HOTEL PLANNED TO BE BUILT OVER LIC PARKING FACILITY BY LIAM LA GUERE lguerre@queenscourier.com/@LiamLaGuerre With about 20 new hotels in five years, it’s easy to see that Long Island City has become a hot hotel neighborhood in the city. Now, the burgeoning neighborhood is set to double the number of new hotels with nearly 20 more hotels planned, according to information from business advocacy organization LIC Partnership. A construction permit to begin work on one of the new hotels was filed with the Buildings Department on Christmas Eve. Anthony Pecora, president of Forte Italia LLC, filed permits to construct a 17-story hotel with 243 rooms at 41-08 Crescent St. The hotel will have nearly 150,000 square feet of space, and there will be a 127-space enclosed parking garage. Dan Ionescu Architects is designing the building. Forte Italia acquired the site in 1998, according to property records. The site is currently a parking facility. This development falls in line with the trend of transforming parking garages into major developments, much like recent plans for other projects filed throughout the city. Last month, the owner of the parking garage at 30-17 40th Ave. in Long Island City also filed permits with the Department of Buildings to construct a new 10-story mixed-use residential and commercial tower on the site of the lot. BY LIAM LA GUERE lguerre@queenscourier.com/@LiamLaGuerre A longtime hotel near LaGuardia Airport traded hands just before the end of the year. New Jersey-based Sohn Properties LLC picked up Airway Inn at LaGuardia in East Elmhurst for $14.5 million from H.J.N. Hotels Corp., according to property records filed on Friday. The hotel, located at 82-12 Astoria Blvd., has 58 rooms and is located less than a mile south of the airport across the Grand Central Parkway. Airway Inn offered complimentary shuttle service to and from the airport 24 hours a day. Airway Inn was built in the early 1980s, according to city records, and H.J.N. has owned it since that time. Photo courtesy of Scott Bintner/PropertyShark Photo courtesy of Scott Bintner/PropertyShark
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