News: Brokerage

Norman Bobrow & Co. secures 73,000 s/f lease for City Lumber

Queens, NY According to Norman Bobrow & Co., managing director Josh Berger and director Alex Lubin have negotiated a new 12-year lease for City Lumber.

City Lumber will be moving its headquarters and warehouse to 84-00 73rd Ave. in Glendale, taking the entire 73,000 s/f building plus an additional 32,500 s/f of outdoor space. Asking rent was $23/ft.

“We’ve been exploring the market with City Lumber for a number of years and are thrilled that we’ve been able to secure a new headquarters in Glendale Queens,” said Berger. “This building offers City Lumber an enlarged warehouse space and enhanced office that will help serve its growing customer base for the foreseeable future.”

“As a certified Woman Business Enterprise (WBE), City Lumber has experienced exponential growth as we participated in important projects at LaGuardia Airport, the La Central housing development in the Bronx, Moynihan Station, and Hudson Yards Tower A and Tower E,” said vice president David Spodek of City Lumber. “Operating out of 40,000 s/f, divided between two buildings in Long Island City, Queens, our need for a larger and more suitable warehouse became a growing and daunting hurdle for our company. With an enormous, and steadfast effort from both Josh and Alex, we were able to secure a property that will allow us to continue to be woven into the fabric of the greatest city in the world.”

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