UPDATED, Jan. 17, 12:00 p.m.: New York City investment sales within the $20 million to $30 million range included the Greater Jamaica Development Corporation selling its 168th Street parking lot and Rybak Development acquiring four Yorkville walk-ups, according to Department of Finance filings made public last week.
1.) BRP Companies picked up a lot that will be the site of its new Queens development for $20.5 million. The Greater Jamaica Development Corporation was the seller of the parking lot at 90-02 168th Street. In 2017 it was reported that BRP is looking to develop a 500,000-square-foot mixed-use project there with Jeff Sutton’s Wharton Properties, but Wharton Properties is no longer part of the project.