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Kalmon Dolgin Inks Queens Industrial Lease

NEW YORK CITY—The agreement for a 45,000-square-foot space in Maspeth is just the tip of the iceberg in this weekly wrap-up of deals.

By Rayna Katz | Updated on March 14, 2014

NEW YORK CITY—All City Metal has inked a 45,000-square-foot lease at 54-35 46th St. in the Maspeth section of Queens. Fred Rufrano of Kalmon Dolgin Affiliates negotiated on behalf of the landlord, 54-35 46th Street LLC, while Greiner Maltz brokers Avi Feinberg and Jack Isenberg represented the tenant. The 45,000 square-foot, one-story building also features a 15,000-square-foot yard. The sheet metal fabricator is relocating and expanding to 54-35 46th Street from a 12,000-square-foot building with a 7,000-square foot yard in Long Island City.

Hunton & Williams has represented New York-based luxury residential development firm Sumaida + Khurana in the $21 million acquisition of 152 Elizabeth St., on the corner of Kenmare and Elizabeth streets. The buyer plans to develop the site into an approximately 32,000-square-foot luxury condominium building with about eight units. Construction is slated to begin this year and the building will be completed in 2016. Hunton & Williams’s Carl Schwartz, Sean Ducharme, Laurie Grasso, Lori Philipson and Kevin Wakefield advised the developer.

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