Office

30-02 48th Avenue

Office Conversion Of Three-Story Warehouse At 30-02 48th Avenue, Long Island City

The Brickman Group and investor Daniel Loeb are planning to convert the three-story, 150,000 square-foot warehouse into offices at 30-02 48th Avenue, in the Hunters Point section of Long Island City. According to Crain’s, the building near the Hunters Point Avenue 7 train stop will undergo a top-down renovation, featuring a new lobby and roof deck, designed by Fogarty Finger. Brickman acquired the the property in 2013 for $21 million.



880 Bergen Avenue

Eight-Story Building At 880 Bergen Avenue Slated For Residential Conversion, Journal Square

The eight-story, 45,000 square-foot mixed-use office building at 880 Bergen Avenue, in Jersey City’s Journal Square, has been purchased for $5.6 million by Bergen Academy Associates. The art deco building is slated for a residential conversion by the new owners, although it’s not known if the ground-floor commercial-retail will remain. GRID Real Estate and CBRE marketed the property.



111 Sylvan Avenue

LG Planning Five-Story, 360,000 Square-Foot Office Building At 111 Sylvan Avenue, Englewood Cliffs

LG Electronics USA has revised plans for their new North American headquarters building at 111 Sylvan Avenue, in southern Englewood Cliffs, just north of the GWB in New Jersey. The 360,000 square-foot building will stand five stories or nearly 70 feet tall, according to The New York Times. The new building was previously proposed to rise 143 feet at the site, formerly home to a single-story office structure, now demolished. Completion is expected by 2019, and Saratoga Associates is designing.


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