Production company inks 12-year lease at Long Island City spot
RWS and Associates Entertainment set to take space at 34-01 38th Avenue
July 29, 2014 03:55PM
RWS and Associates Entertainment, a production company that tours the world, signed a long term lease for 32,000 square feet in Long Island City.
The four-story building at 34-01 38th Avenue is 218,000 square feet and four stories.
The deal, in aggregate, is more than $10 million for 12 years, said Jeffrey Rosenblatt who brokered the deal on behalf of NGFK for the tenant.
The asking price was between $20 and $30 per square foot, Rosenblatt said.
Rosenblatt, currently executive managing director at Coldwell Banker Commercial Alliance, added that the Long