Carlyle Group Fund Paying $284M For Luxury Rental In LIC

August 23, 2018
Published in Bisnow
Despite the wave of residential development washing across Manhattan’s outer boroughs, sales and rentals are still going strong: just look at 1 QPS, the 45-story rental tower in Long Island City that was just snapped up for a record-breaking $284 million. That’s not to say that renters can’t still find great deals like months of free rent and other signing bonuses, but the saturated market is becoming a little less crowded. If you’re looking for the best condos in LIC or Astoria, be sure to enlist the services of Modern Spaces, a professional real estate firm with realtors who specialize in Queens real estate.
Get in touch with an agent, today.