Paragon Building Sale in Long Island City
Sector: Manufacturing (Industrial) • Location: Long Island City, New York, United States
Source: Bisnow
The Paragon Building, a 132,000 square foot office building located at 21-02 49th Ave in Long Island City, was sold by BrightSpire Capital to Pearl Realty Management for $28 million. The sale price represents a 56% discount compared to the building's valuation three years ago when BrightSpire acquired it via a deed-in-lieu-of-foreclosure transaction. The building was originally converted from indu
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The Paragon Building, a 132,000 square foot office building located at 21-02 49th Ave in Long Island City, was sold by BrightSpire Capital to Pearl Realty Management for $28 million. The sale price represents a 56% discount compared to the building's valuation three years ago when BrightSpire acquired it via a deed-in-lieu-of-foreclosure transaction. The building was originally converted from industrial use to offices and retail by Related Cos. and BGO in 2018 but faced challenges filling the space. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |