The Real Deal – LIC’s Murano’s 60% Sold

November 11, 2011
Published in
Long Island City's the Murano condominium, developed by Hudson Equities JV and Developer Jim Plotkin, is now 60 percent sold, according to Eric Benaim, CEO and president of Modern Spaces, who is heading up sales at the building. "Reaching the 60 percent sold milestone for the Murano reinforces the fact that there is a strong demand for luxury condominiums in Long Island City," said Benaim of sales at the 12-story, 76-unit residential tower at 519 Borden Avenue. Forty-six units have closed at the Murano so far, a spokesperson for Modern Spaces said. Of those 46, 20 are one-bedroom units, 22 are two-bedroom units and four are threebedroom units. Prices range from $468,520 to $1.18 million. Modern Spaces was tapped to exclusively market the Murano earlier this year; the project first launched in May 2010. -- Katherine Clarke
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