NEW YORK, NY – Development and construction management firm, New Empire Corp. has acquired a 115,000-square-foot property in New York City's Long Island City neighborhood for $26 million. The firm plans to develop a more than 100-unit condominium development in the space.
Located at 24-01 Queens Plaza North, the project will feature studio, one-bedroom and two-bedroom units. The turn-key residences will offer the option for customized design, based on the buyer's preference, at an additional cost. The units may also offer in-residence office spaces to meet the demand of on-going remote work. The development will additionally offer amenities, including a penthouse resident lounge, outdoor space, parking and a state-of-the-art-fitness center.
The property is centered in a retail and restaurant hub near tenants such as Trader Joes and Target. It is situated near the Queensboro Plaza and Queens Plaza stations.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
