Queens, NY Innovo Property Group (IPG) has launched leasing at The Bridge, 24-02 49th Ave. in Long Island City. The Bridge offers a unique building-within-a-building opportunity with new features such as a private entrance lobby, elevators and MEP systems.
For tenants that require large office space, the top two floors offer a fully exclusive environment to its tenant, in a less densified and easily accessible location outside of Manhattan. It is located next to the Hunters Point 7 subway station and Long Island Rail Road train station, a short walk to the Court St. Station and Queensboro Plaza, adjacent to the Long Island Expressway, and right outside of the Queens-Midtown Tunnel.
The Bridge also offers potential indoor and outdoor amenity space on the ground floor and roof as well as an adjacent lot to accommodate growth. The building’s prominence and separation from other buildings allows for views of Manhattan and the building itself offers space for advertising that will be visible from the Long Island Expressway and seen by 500,000 vehicles daily.
“Long Island City is an important part of IPG’s portfolio and we believe its popularity will continue to increase in the coming years,” said
Andrew Chung, founder and CEO of IPG, said, “We are thrilled to officially launch leasing of The Bridge, a building with a vast amount of space that features new amenities and opportunities for growth.”
A CBRE leasing team lead by Paul Amrich has been brought on board to assist in leasing the property. “We are excited to support leasing efforts for this unique opportunity,” said Amrich. “This building is truly exceptional with its large floor plates and proximity to transportation and we expect the leasing campaign to be a huge success.”
The Bridge is an 830,000 s/f, seven-story building and IPG is leasing the building’s top two floors (105,000 s/f each) and ground floor retail. IPG recapitalized the building in November 2019 through an equity joint venture with Nan Fung Group.
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