Friday, March 9, 2018

Bulova waves bye-bye to Boody Street


From the Commercial Observer:

Bulova, a maker of luxury timepieces, has sold its three-acre office campus at 26-15 Brooklyn-Queens Expressway for $25.2 million to Terreno Realty Corporation, according to the watchmaker’s broker Eastern Consolidated.

The company has occupied the one-story 83,000-square-foot building on the site in the Woodside section of Queens for more than three decades and owned it since 2007. The campus also has two parking lots that are a combined 91,000 square feet.

The site has 60,000 square feet of unused air rights, according to Crain’s New York Business, which previously reported that the property was in contract but did not report the price of the sale.

Terreno Realty, a real estate investment trust based in San Francisco which focuses on industrial properties, plans to renovate the building and lease it to industrial users.

8 comments:

Anonymous said...

Ugly crap coming soon.
Does it really matter?
This is Queens 4th rate step child of Greater New York...,the Wild West for developers.
Yawn! We should all be used to shit by now!
I'm moving come spring'

Anonymous said...

Homeless shelter and or not-for-profit to house the homeless coming soon !!

Luis Perez said...

That building is in East Elmhurst! There is a hidden portion of bolova on the bqe service road, by uhaul. I don't understand how it links,but an entrance is there behind the cemetery.

JQ LLC said...

60,000 feet of "air rights"?

Air rights have supplanted tenants and homeowner's rights in this city.

Anonymous said...

Are there height restrictions due t the property's proximity to the airports?

Anonymous said...

Ugly crap coming soon.
Does it really matter?
This is Queens 4th rate step child of Greater New York...,the Wild West for developers.
Yawn! We should all be used to shit by now!
I'm moving come spring'

YEA, THINK THIS IS BAD, LIVE IN TRUMP TERRITORY WITH WHITE TRASH OR THE WEST OR SOUTH IN THE CROSS HAIRS OF CLIMATE CHANGE.

WELL, THERE IS ALWAYS NEW ZEALAND.

Anonymous said...

Bulova is a "luxury" watch maker? Who knew?

Luis Perez said...

They can build as high as the neighboring hotels . There should be a highschool placed on this property! Or a City College.