In an area of Long Island City that is undergoing rapid development, a hulking former electrical supply building once owned by Eagle Electric Manufacturing sold for $48 million to an undisclosed buyer. A company affiliated with the Brooklyn-based Kraupner Group sold the 320,820-square foot property at 43-22 Queens Street on December 14, after signing a contract in September, city records published Friday show. The former Eagle building, which has six stories, has no frontage on [more]
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