Originally built in 1926 as a Macy’s furniture warehouse, the Factory at 30-30 47th Avenue in Long Island City has many of the features favored by tech and media tenants nowadays, like large floor plates and high ceilings, with a dash of historic character. Atlas Capital Group, Invesco and Square Mile Capital Management acquired the property at a bankruptcy sale in 2013, and invested more than $90 million to redevelop it into creative office space.
source https://therealdeal.com/2020/10/30/heres-what-tenants-are-paying-at-the-factory-in-long-island-city/
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