A joint venture has acquired a 352,461-square-foot printing plant in Rockaway for $39 million, in a deal arranged by Newmark’s tristate capital markets team.
Redevelopment trends: New York tristate’s redevelopment in turmoil
Redevelopment activity in the New York Tristate Region is searching for direction. Post-pandemic, there is pressure to redefine business, retail and residential redevelopment programs. The revised target forces everyone to take a longer look and a broader view of the various impacts this redefinition may bring.