A large trapezoidal lot at 48-18 Van Dam Street in Long Island City may soon serve as the new headquarters for International Brotherhood of Teamsters, Local 813, a union that represents a variety of laborers in the New York City Metropolitan Area. Before the project can begin, the Department of City Planning will need to approve zoning text amendments to permit the construction of a mixed-use commercial building that is above the currently allowable height and density.
48-18 Van Dam Street
Teamsters Local 813 and Local 27 IBT Pension Fund have acquired the two-story, 55,000 square-foot industrial building at 48-18 Van Dam Street, in Sunnyside’s western industrial neighborhood, for $20 million, according to Commercial Observer. The new owners plan to convert the building into commercial space, featuring retail space on the ground floor and office space on the second. Environetics is designing the project. Although the building is mostly vacant, three tenants remain in the building and their leases expire in no more than three years.