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Finback Brewery Opening Third NYC Outpost in Long Island City

Long Island City, Queens’ brewery game is about to get a bit stronger Finback Brewery plans to open a 3,800-square-foot microbrewery and taproom at the base of the Sven luxury residential tower at 29-59 Northern Boulevard, the New York Post first reported. The brewery — known for its India pale ale and stouts — signed a 15-year lease for the ground-floor space, where it plans to focus on “fruit-forward” sour beers conditioned in “wooden foeders [large barrels] and ceramic fermentation crocks” when it opens later this year, according to landlord the Durst Organization. A spokesperson for Durst declined to provide…

Publication Commercial Observer
Date 2022-04-26
Author Nicholas Rizzi

Santander’s East Midtown tower has new owner with modern vision

East Midtown, a favored location for hedge funds and small financial firms, will soon have a prestigious new location for them After serving as Santander’s New York headquarters since 1991, the 134,000 square-foot boutique office tower at 45 E. 53rd St. is finally to be made available for other tenants. A joint venture of ZG Capital and Rialto Capital Management quietly signed a contract last week on an off-market deal to buy the tower for $105 million, Realty Check has learned. The seller was Florida-based MEK Management Services. The deal will close in 30 days. The new owners plan a…

Publication New York Post
Date 2022-04-26
Author Steve Cuozzo

Brewery To Open In New Long Island City Apartment Tower

LONG ISLAND CITY, QUEENS — The new luxury apartment tower that now glistens next to Queens Plaza has a new amenity to add to its list: a brewery Finback Brewery, based out of Glendale, has signed a lease to open a 3,800-square-foot location in Sven, the recently completed tower at the corner of Queens Plaza and Northern Boulevard, developers announced Monday. Consisting of a taproom and on-site "microbrewery," the ground-floor space will open in late 2022, according to the Durst Organization, which built the glass tower that curves around the landmark Chase Manhattan Bank building. Besides its Queens headquarters, Finback…

Publication Patch
Date 2022-04-26
Author Nick Garber

Experts: Commercial real estate in New York City doing better than originally thought

NEW YORK -- Many thought the pandemic left much of the city's commercial office space vacant. But it turns out that's not exactly the case As CBS2's Kevin Rincon reported Thursday, some buildings are hot, some are not, and some may be repurposed to draw people back to the city. There is no shortage of commercial real estate in the city. But much like the housing market, the newer, renovated spaces, are in high demand. "We just hit 95 percent occupancy, which is the highest occupancy number in the history of the building," said Jordan Barowitz, VP of public affairs…

Publication CBS news
Date 2022-04-08
Author Kevin Rincon

Durst Leases Penthouse Space at Manhattan High-Rise

An information management company committed to the pavilion that caps 1155 Avenue of the Americas.

Publication Commercial Property Executive
Date 2022-04-07
Author Barbra Murray
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