Alma Realty leases 15,303 s/f in Long Island City, Queens

July 18, 2017 - New York City

Queens, NY According to Alma Realty and Cushman & Wakefield, Charles H. Greenthal Property Sales, Inc., a family-owned and operated property management firm has signed a 12-year, 15,303 s/f lease at 30-30 Northern Blvd. in Long Island City. 

Alma Realty Corp., which owns 30-30 Northern Blvd., known as the Apple Building, is also a family-run New York City-based property owner and real estate developer with properties in the tri-state area ranging from residential, commercial, retail, and warehouse. Greenthal is expected to bring 105 jobs to the neighborhood and estimates it will move in around late 2017.

A Cushman & Wakefield team of Joe Grotto, Bruce Mosler, and Mitch Arkin represented Alma, while the firm’s Rob Eisenberg and Remy Libershon represented the tenant. Greenthal’s corporate management offices will remain in Manhattan.

“We are proud to welcome Greenthal Property Sales to this vibrant and growing Long Island City community,” said Peter Kosteas, commercial property manager at Alma Realty Corp. “The location is perfect for mass transit accessibility. The building’s lighting and floor sizes fit the tenant’s needs and the amenities, including an exclusive and free fitness center, bicycle racks, and a roof deck, are second-to-none. Those who work in this new LEED-certified building will help bring a boost to the local economy and further the revival of Long Island City as one of our city’s great up-and-coming residential and commercial neighborhoods.”

“We were looking for a property in the growing and evolving Long Island City neighborhood,” said Albert Mayas, director of management at Greenthal Property Sales, Inc. 

“The various amenities offered – including the ability to take advantage of the favorable REAP benefit – made the decision to expand in this space very easy for us,” said Tom Schitt, CFO at Greenthal.

The eight-story, 213,000 s/f building features floor plates ranging from 26,000 to 30,000 s/f and 12-to-15-ft.  high ceilings. 30-30 Northern lvd. in Long Island City is located in close proximity to the MTA 39th Ave. and Queens Plaza subway stations, as well as the Ed Koch/Queensboro Bridge, and is easily accessible to Midtown Manhattan; being within a ten minute commute. 

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