News: Brokerage

Maltz of Greiner-Maltz brokers elevator museum lease in Long Island City

Long Island City, NY Greiner-Maltz has completed the leasing of 21-03 44th Ave., for use as a museum of elevator artifacts. The museum, which is slated to open upon receiving approval by the NYS Board of Regents as a non-profit museum, will occupy all of the available space on the 2nd floor of this two-story, 30,000 s/f building. In the leasing transaction arranged by Ryan Maltz, of Greiner-Maltz, the dream of the museum's founder, Patrick Carrajat, an elevator industry executive, will be fulfilled. Carrajat has been in the industry for 48 years. He first founded Century Elevator in 1973, went on to start Certified Elevator in the 1980s, and later created the LIR Consulting Group. As a noted consultant and industry expert, Carrajat saw a need to preserve the quickly diminishing supply of historical artifacts associated with the evolution of the elevator and escalator industry. Working with Maltz, Carrajat focused his search for a suitable location in Long Island City, as it is the center for many elevator manufacturing and maintenance companies, as well as the close fit with other public venues such as MOMA's PS1 and numerous galleries and showrooms. The museum will also be in close proximity to Silvercup Studios and the CitiCorp Tower. Ryan Maltz represented both the lessor (Exclusive Realty Services), and lessee (LIR Consulting Group) in this transaction. There is approximately 2,000 sf of remaining available space in this property, and it is available for $25.00 psf. For more information on this Greiner-Maltz property or any other available properties in the NY, NJ, or LI Metropolitan area please call or Ryan Maltz at 718-786-5050 or visit our Website at http://www.greinermaltz.com/ About Greiner-Maltz Since 1953 Greiner-Maltz has been engaged exclusively in the leasing, selling, appraising and managing of industrial and commercial property in Manhattan, Brooklyn, Queens, Long Island, and New Jersey. The firm has three offices which are actively managed by John and Richard Maltz in New York, William Greiner in Long Island, and Raymond Musalo in New Jersey.
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