Monday 24 June 2019

Residential dev site in a LIC Opportunity Zone hits the market

A massive development site in Long Island City has hit the market — and it’s in an Opportunity Zone. The site at 2-33 50th Avenue consists of a two-story warehouse and an adjacent parking lot, according to Crain’s. The site can accommodate a project spanning 440,000 square feet, and its zoning allows for 420,000 square feet of residential space. A JLL team led by Bob Knakal is handling the listing for the site, which is […]



source https://therealdeal.com/2019/06/24/residential-dev-site-in-a-lic-opportunity-zone-hits-the-market/

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