SUBSCRIBERS

New NYC rental apartment block on sale as buyers swarm

Developer taking advantage of investor rush to own rental apartments in the area

Published Fri, Aug 19, 2016 · 09:50 PM
Share this article.

New York

A NEWLY built apartment tower in the Long Island City neighbourhood of Queens hasn't yet opened to the public nor found a single tenant, but the building is for sale.

The developer, Property Markets Group, has put the 45-storey tower at 23-01 42nd Road on the market to take advantage of investor demand to o…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here