333 Johnson Ave

Commercial Conversion of Industrial Properties Planned at 333 Johnson Avenue, East Williamsburg

Normandy Real Estate Partners and Princeton Holdings LLC have acquired the 160,000 square-foot low-rise industrial property at 333 Johnson Avenue in East Williamsburg for $26.75 million. The complex will be converted into a mixed-use commercial complex, featuring offices and retail. DNAinfo also reports the inclusion of a 40,000 square feet of outdoor space, and completion is expected in early 2016.

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Long Island City Clock Tower Designated Individual Landmark

On Tuesday. the Landmarks Preservation Commission voted to designate the former Bank of Manhattan Company Building at 29-27 Queens Plaza North, in Long Island City, as an individual landmark, preserving it for generations to come. The developer of what is expected to be the borough’s tallest building (and the new tallest building outside Manhattan), which will be next door, already plans to work with the landmark structure.

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