Self-storage company buys dev site from Home Depot

first_img135-25 Northern Boulevard and 300 West 30th Street (Google Maps, Studio C Architects)A self-storage company bought a Queens development site from Home Depot and landed a construction loan for a planned complex there.That purchase, along with a separate medical office building in Queens that a hotel firm bought, were the only mid-market investment sales recorded in the city last week. Mid-market deals are each between $10 million and $30 million.The total added up to $29.25 million, below the prior week’s $46 million, which was spread across three deals.Developers of a 16-story condo building in Chelsea also landed a $33 million construction loan last week.Here are more details for the week ending April 16.California-based self-storage firm InSite purchased a 31,500-square-foot parcel adjacent to 58-80 Borden Avenue in Maspeth for $18 million. The seller was Home Depot USA. Charles Brown signed for the buyer. InSite also secured a $25.8 million construction loan from Valley National Bank.An affiliate of the McSam Hotel Group, limited liability company Main & Northern Partners, purchased a 28,700-square-foot medical office building from 135-25 Northern Boulevard in Flushing for $11.25 million. The seller was DW Commercial Real Estate. Ken Huang signed for the buyer. It was significantly less than the property’s $19 million purchase price in 2017.Read moreBulk condo deal leads Manhattan’s mid-market i-sales Manhattan, Elmhurst notch $83M in mid-market sales Harlem and Park Slope apartment buildings lead mid-market sales Message* Anthony Hu’s Eastern Star Development landed a $33 million construction loan for its 67,800-square-foot, mixed-use building at 300 West 30th Street in Chelsea. The lender is Cathay Bank. The development had nearly topped out in January, according to New York Yimby. It replaced the Riff Hotel, which Eastern Star purchased in 2018 for $27.5 million.Contact Orion Jones Email Address* Full Name*last_img read more

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Hide Your Phone When You’re Trying to Work. Seriously.

first_imgWorse still: The more you depend on your phone, the more your cognitive abilities suffer when it’s around. Yes, it’s a little extreme to lock your phone in a drawer. But I’ve learned that it’s the only way I can truly focus and be as productive as I want to be. And unfortunately, the same is true for you, even if you don’t realize it — or want to believe it. (Airplane mode, sadly, won’t help — more on that later.) A 2017 study in The Journal of the Association of Consumer Research found that the mere presence of your phone — even if it’s powered off, and even if you’re actively and successfully ignoring it — “reduces available cognitive capacity,” which the study’s authors call “brain drain.” As I type this, my iPhone is tucked away inside my desk drawer under lock and key. It’s been there all day, completely out of sight. I’m slightly anxious about the notifications I might be missing, but only slightly; it’s a manageable level that’s not distracting. “If it’s in the environment, it’s almost like it’s calling out to us,” said Adrian Ward, assistant professor in the marketing department at the University of Texas at Austin. “We’re automatically drawn to it.” Read the whole story: The New York Times More of our Members in the Media >last_img read more

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New LNG tank from LNGTainer

first_imgGet instant access to must-read content today!To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.Don’t just stay connected, stay at the forefront – join gasworld and become a subscriber to access all of our must-read content online from just $270. Subscribelast_img

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Victor Moses Hopes To Reward Antonio Conte With Europa League Title

first_imgVictor Moses says Inter Milan will give everything to beat Sevilla in Friday’s Europa League final to reward boss Antonio Conte who he credits as the main driving force behind their performances this season.Inter endured a disappointing campaign in this season’s Champions League finishing third in their group behind Barcelona and Borussia Dortmund to drop into Europe’s second-tier competition.But the Italians made the most of their reduced circumstances and have won all five of their Europa League games, including a 5-0 demolition of Shaktar Donetsk in the semifinal to seal a first European final since 2010 when they beat Bayern Munich to win their first-ever Champions League title.Conte joined Inter last summer and added Moses to his squad in January, reuniting with the Nigerian with whom he won the Premier League title as Chelsea boss in 2017.The reunion has yielded dividends as Inter finished a point behind champions Juventus in Serie A, their best finish since 2011 – which was also the year they last won a trophy, the Coppa Italia.Friday’s final represents a chance for Inter to win a first trophy in nine years and although the Italians are viewed as favourites and are three times winners of the competition when it was the UEFA Cup, their opponents Sevilla have real pedigree in the tournament having won it a record five times and have never lost in the final.The La Liga club are on their longest unbeaten run, with 11 wins and nine draws in their 20 games since 9 February – including wins over Premier League sides Wolves and Manchester United in the previous two rounds.Sevilla boss Julen Lopetegui like Conte, is in his first season in charge but has yet to win a trophy as a manager in spells as head coach of Rayo Vallecano, Porto, Spain and Real Madrid.And Moses, 29, says he and his teammates will fight to keep Lopetegui without silverware and ensure that Conte ends his maiden season in charge of Inter brandishing the Italians’ fourth Europa League title.“[Conte] is someone who prepares the games first,” Moses said ahead of the final. “He wants us to give 110% on every game. Then see his reactions during matches, along with those of his staff.“We want to play and win for him, but in the end, we want to enjoy our football.”Inter Milan will become the second most successful side in UEFA Cup/Europa League history behind Sevilla if they win. They have come out on top in three of their four previous finals.They are the first Italian side to reach the final since 1999 – when Parma beat Marseille 3-0 – and are bidding to end an eight-year run of only Spanish and English sides winning the competition.And Moses who has four appearances in this season’s competition will hope to play his part in enthroning Inter as Europa League champions.RelatedSevilla Defeat Inter To Win Record Extending 6th Europa League TitleAugust 21, 2020In “Europa League”Odion Ighalo And Victor Moses On Verge of Europa League Round of 16 FaceoffFebruary 9, 2020In “Europa League”Antonio Conte To Remain As Inter Milan ManagerAugust 25, 2020In “Italy”last_img read more

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