long island city

Lightstone Closes $187 Million Refinancing for ARC

  LONG ISLAND CITY, N.Y./ Feb. 11, 2019 (STL.News) National real estate investor and developer Lightstone today announced the close of $187 million in financing from Citibank for ARC, a 428-unit luxury rental property in the Dutch Kills section of Long Island City, New York. The building, which offers over 50,000 square feet of indoor … Continue reading Lightstone Closes $187 Million Refinancing for ARC

Stung by Amazon’s rejection, cities look on the bright side

Sometimes losing is winning. Or at least that’s what some of the 18 North American cities passed up by Amazon for its new headquarters are telling themselves. After 14 agonizing months of wooing and then waiting for the online retail giant to make up its mind, the finalists learned that instead of Amazon picking one … Continue reading Stung by Amazon’s rejection, cities look on the bright side

SEATTLE | Amazon’s growing pains in Seattle offer lessons to new hosts

SEATTLE — As Amazon turns its attention to setting up new homes in Long Island City, New York and Arlington, Virginia, experts and historians in Seattle say both places can expect a delicate relationship with the world’s hottest online retailer. The communities will be subject to outsized influence from a company used to getting what … Continue reading SEATTLE | Amazon’s growing pains in Seattle offer lessons to new hosts