Ride-share rivals Uber, Lyft expand at Falchi Building in LIC

Ride-share competitors Uber and Lyft are in a race for more space. Both firms have recently found some more legroom at the Falchi Building in Long Island City. Uber signed an 11-year lease for slightly more than 11,000 square feet on the ground floor of the building at 31-00 47th Avenue, the Commercial Observer reported. The […]

Westchester firm secures $42M loan for LIC townhouses

GDC Properties secured a $42 million construction loan from Banco Santander for its townhouse development at 11-22 45th Road in Long Island City. The Westchester-based firm plans to build 38 townhouses spanning a total of 150,000 square feet. It bought the site, formerly home to a single-story warehouse, for $44 million in 2014 and got Department of […]

Here were May’s priciest new listings in BK, Queens

From left: 146 Willow Street in Brooklyn Heights and 1 Richmond Road in Douglaston An apartment building turned single-family mansion hit the market last month with an $18 million price tag, making it May’s priciest listing in Brooklyn. The townhouse, at 146 Willow Street in Brooklyn Heights, is being converted from a seven-unit building into […]