“JV Secures Lease for LIC Field Office in Preparation for Amtrak Infrastructure Project”

"JV Secures Lease for LIC Field Office in Preparation for Amtrak Infrastructure Project"

Kaufman Organization and True North have recently leased a portion of the second floor at 21-01 51st Ave, also known as the Cardinal Building, in Long Island City. The tenant is STV-NAIK Engineering JV, a joint venture between STV Inc and Naik Consulting Group. This 10,300-square-foot space will serve as a field office for the JV’s upcoming mass transit/Amtrack Northeast Corridor infrastructure project.

According to Grant Greenspan, principal of Kaufman Organization: “We’ve noticed an increasing demand for dedicated field offices in public works projects throughout Manhattan and the outer boroughs.” He added that for STV-NAIK Engineering JV specifically, the Cardinal Building was an ideal choice due to its move-in ready space that could cater to their business needs during their work on the Amtrack project in Northeast.

Greenspan represented both landlords – Kaufman Organization and True North – through their partnership with 51 Ave LIC LLC. On behalf of STV-NAIK Engineering JV, Scott Henley , Jared Issacson ,and Taylor Walker from CBRE acted as representatives during negotiations with landlord.

Share the Post:

Related Posts