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JRT Realty Group Dominated Queens Lease Transactions in 2019

JRT Realty Group, a national commercial real estate provider, has brokered three of the ten largest Queens commercial real estate leasing transactions for 2019, more than any other firm listed in the top ten.

Long Island City Terminal sign.

NEW YORK CITY- JRT Realty Group, a national commercial real estate provider, has brokered three of the ten largest commercial real estate leasing transactions for 2019, more than any other firm listed in the top ten. JRT closed the large leases in the burgeoning Long Island City, which has experienced a surge of new business after Amazon announced it was going to move to the submarket and after the e-commerce behemoth pulled out.

The three large leases included a lease transaction where JRT, DY Realty Group and Cushman & Wakefield represented the New York City Department of Health & Mental Hygiene for new office space spanning 80,340 square feet at The Factory at 30-30 47th Ave., a former Macy’s warehouse in Long Island City. JRT, DY and Cushman & Wakefield currently represent half of the City of New York’s entire real estate portfolio.

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Mariah Brown

Mariah Brown

Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.

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