Greiner-Maltz Leases 45-01 Vernon Blvd. to New York Blood Center
Long Island City, NY, May 2, 2005 -- New York Blood Center (NYBC),
one of the nations largest not-for-profit, blood distribution and
service organizations has just inked a long-term lease for a 76,000 sq.
ft. commercial property in Long Island City, NY.
According to John Maltz, President and Gary R. Blum, Director of Conversion
Development at Greiner-Maltz, the brokers who represented the ownership
of 45-01 Vernon Blvd., NYBC will not only bring vital jobs to the Long
Island City neighborhood, but validates Long Island City as a prime commercial
destination at a time when most properties are looked upon solely for
their residential conversion value.
NYBC first inspected the property in the summer of 2004 through their
exclusive broker, CB Richard Ellis. Lengthy negotiations continued through
to mid-April, due in part to the detailed requirements of the tenant.
The ownership of the property, once an occupant of the building and a
strong supporter of Long Island Citys growth, viewed this transaction
as a win-win proposal for both Long Island City and the many people that
NYBC provides vital services for.
Since 1953 Greiner-Maltz has been engaged exclusively in the leasing, selling, appraising and managing of industrial, commercial, and investment property in Manhattan, Brooklyn, Queens, Long Island, New Jersey, Westchester, and Connecticut. The firms five offices are actively managed by Principals: John Maltz and Sharone Levy in Brooklyn and Queens; Swain Weiner, metro area investments; Tom Attivissimo in Long Island, Raymond Musalo in New Jersey, and Ayall Schanzer in Westchester. www.GreinerMaltz.com