Long Island City

Rendering of 28-90 Review Avenue - Courtesy of Innovo Property Group; KSS Architects

JLL Arranges $354M Total Capitalization for Industrial Project at 28-90 Review Avenue in Long Island City, Queens

Innovo Property Group, represented by JLL Capital Markets, has secured $354 million in financing to complete a new industrial development at 28-90 Review Avenue in Long Island City, Queens. Total capitalization includes multiple financial packages for acquisition, construction, and development costs provided by Axos Bank, Cerberus Capital Management, and Goldman Sachs Asset Management’s Urban Investment Group.

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Evening rendering of Opus Point at 23-10 Queens Plaza South - Courtesy of Dynamic Star; Lemay-id

City Council Approves Opus Point Redevelopment at 23-10 Queens Plaza South in Long Island City, Queens

The New York City Council has unanimously approved applications for zoning amendments that will facilitate a commercial redevelopment project at 23-10 Queens Plaza South in Long Island City, Queens. Designed by SLCE Architects and developed by New England-based Dynamic Star, the project entails the partial demolition and expansion of an existing warehouse and the construction of a 26-story office tower.

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