REAL ESTATE
LIC homeless shelter sold to Brooklyn investor for $23.2M
Photo via Google Maps
Sales in Queens HOMES COOPS CONDOS Listings and photos courtesy MLSLI
NORTHEAST NORTHWEST SOUTHEAST SOUTHWEST
BAYSIDE WOODSIDE BELLEROSE HOWARD BEACH
Under $500,000
160-21 16th Ave., Whitestone
$315,000
Co-Op
2 bedrooms, 1 bathroom
Gloria Salvio
Keller Williams Rlty Landmark
$500,000-$900,000
144-23 Barclay Ave., Flushing
$638,000
Condo
2 bedrooms, 2 bathrooms
Sharon Wu
Chous Realty Group Inc
Over $900,000
215-38 43rd Ave., Bayside
$978,000
Colonial
3 bedrooms, 2 bathrooms
Jeong Kim
BERKSHIRE HATHAWAY
Under $500,000
54-17 31st Ave., Woodside
$450,000
Co-Op
2 bedrooms, 1 bathroom
Geraldine McKeon
Keller Williams Landmark II
$500,000-$900,000
35-41 76 St., Jackson Heights
$779,000
Co-Op
2 bedrooms, 2 bathrooms
Daniel Karatzas
Beaudoin Realty Group Inc
Over $900,000
21-15 49 St., Astoria
$1,599,000
2 story, 2 families
5 bedrooms, 4 bathrooms
Andreas Demetriou
Century 21 Unique Realty
Under $500,000
202-03 109th Ave., St. Albans
$478,000
Tudor
3 bedrooms, 4 bathrooms
Jane Ikezi
Circle Fine Homes Inc
$500,000-$900,000
82-45 Commonwealth Blvd., Bellerose
$799,999
Cape
4 bedrooms, 2 bathrooms
Imran Azeem
National Real Estate Agency
Over $900,000
80-62 214th St., Hollis Hills
$968,888
Colonial
3 bedrooms, 3 bathrooms
Gina Marie Benedetto
Century 21 American Homes
Under $500,000
64-11 99 St., Rego Park
$369,000
Co-Op
1 bedroom, 1 bathroom
Marshall Myers
LAFFEY REAL ESTATE
$500,000-$900,000
69-10 108th St., Forest Hills
$519,000
Co-Op
2 bedrooms, 1 bathroom
Dinko Grancaric
Benjamin Realty Since 1980
Over $900,000
164-29 92nd St., Howard Beach
$969,000
Colonial
4 bedrooms, 4 bathrooms
Ramon DeJesus
Ultimate Choice Realty Inc
BY MARK HALLUM
mhallum@cnglocal.com
Th e Fairfi eld Inn in Long Island City,
which was controversially converted into
a homeless shelter by the city Department
of Homeless Services (DHS) in May, has
been sold to Brooklyn investor Shulem
Herman.
According to city records, at least $23.2
million was exchanged for the property
which became one of three shelters to
occupy the fi ve-block Blissville section of
Long Island City, igniting backlash from
residents who claimed the shelters put
undue burden on their community.
According to a DHS spokesman, the
property being sold to a new owner won’t
change the shelter’s current operations.
Th e facility serves about 150 adult families
under the same services provider.
Th e city spends roughly $175 per day
for each room at hotel locations, but the
DHS declined to share exactly
how much is spent at specific
locations.
Th e Fairfi eld Inn, however,
is not treated as a commercial
hotel but rather as a shelter, so
it costs $170 per day. When factoring
in social services provided
on site, each room costs about
$238 per day.
Shelters set up by the city and
serviced by independent providers
have mental health staff
on-site to help residents transition
to being independent, as well as
providing other forms of support.
Van Dam Terrace LLC is the
entity that purchased the property;
according to property records,
the holding company is registered
to the same address as Herman’s real
estate fi rm, Brooklyn-based KNG Realty
Inc., for which he serves as CEO.
As per Mayor Bill de Blasio’s Turning
of Tide on Homelessness, each community
board in the city will receive their fair
of shelters to accommodate
the estimated 63,000 homeless
people in across the city.
But Blissville residents
have argued that the three
shelters in their neighborhood
was beyond their fair
share at a March public hearing
and later at a demonstration
in May in front of Gracie
Mansion.
Many argued that the little
pocket of Long Island
City had no services such
as laundromats or grocery
stores to service homeless
individuals and the nearest
hospital is in Manhattan.
Th e majority were disconcerted
at the fact that the
population of their community was now
about to be outnumbered by homeless
individuals.
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