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Durst Organization Pays $173.5M for LIC Site Once Slated for Tallest Tower in Queens

Back in 2015, Property Markets Group and the Hakim Organization announced plans to erect the tallest tower outside of Manhattan in Long Island City at 29-37 41st Avenue.

Publication 6sqft
Date 2016-12-16
Author Diane Pham

THE DURST ORGANIZATION ACQUIRES QUEENS PLAZA PARK

Plans to Build One Million Square Foot Residential Tower in Long Island City, Queens

Publication The Durst Organization
Date 2016-12-16
Author Jordan Barowitz

Sign of a Real Estate Slowdown as Queens Clock Tower Changes Hands

Things are getting choppy in New York’s once-rocketing residential real estate market.

Publication the New York Times
Date 2016-12-16
Author Charles V. Bagli

Area Near LIC's Recently Sold Clock Tower Site May Be Ripe for More Development

The Durst Organization's newly purchased 1,000-unit development site was enhanced with air rights from the MTA. And the transit authority says there's more where that came from

Publication Crain's New York Business
Date 2016-12-16
Author Joe Anuta

Durst Buys Queens Site From PMG for $167M, Plans 1M s/f Apartment Tower

The Durst Organization today announced it has acquired the Queens Plaza Park development site at 29-37 41st Avenue in Long Island City, Queens.

Publication Real Estate Weekly
Date 2016-12-16
Author REW
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