Greiner-Maltz Sells Hotel Site in Long Island City's Ravenswood's Section
Long Island City, NY, February 21, 2007 – In a landmark transaction, KJDS Hotel Development has purchased a 50,000 sq. ft. development site at 38-42 11th Street for construction of a hotel to service this transitional commercial neighborhood.
Dmitri Belyi, a Senior Director at Greiner-Maltz, created this transaction as a result of following the neighborhood rebuilding efforts by Eric Gioia, Long Island City’s Councilman. In recent months Mr. Gioia has been responsible for arranging the establishment of an Amalgamated Bank branch in this underserved community, as well as opening up a local park for children’s league baseball and soccer competition.
For more information on this Greiner-Maltz transaction or any other available properties in the metropolitan area please call Dmitri Belyi at 718-786-5050 or visit our Website at http://www.greinermaltz.com/.
Since 1953 Greiner-Maltz has been engaged exclusively in the leasing, selling, appraising and managing of industrial, commercial, and investment property in Manhattan, Brooklyn, Queens, Long Island, New Jersey, Westchester, and Connecticut. The firms five offices are actively managed by Principals: John Maltz and Sharone Levy in Brooklyn and Queens; Swain Weiner, metro area investments; Tom Attivissimo in Long Island, Raymond Musalo in New Jersey, and Ayall Schanzer in Westchester. www.GreinerMaltz.com