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48-49 35th Street The 246,000-square-foot LIC warehouse at 48-49 35th St. is 79% leased. Credit: Metropolitan Realty Associates

NEW YORK CITY—Metropolitan Realty Associates has purchased the former Matsil Bros. building—with equity partner TH Real Estate, an affiliate of Nuveen (the investment management arm of TIAA)—for $55 million. The acquisition marks MRA’s second major Long Island City acquisition.

Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.

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