The Standard Motors Products Building is located on Northern Boulevard adjacent to the 36th Avenue subway stop in the burgeoning Long Island City market of New York City. The building’s location at the convergence of LIC, Astoria, and Sunnyside provides proximity to established residential communities as well as major transportation and commercial hubs. The Standard Motors Products Building has maintained its industrial roots and character while being modernized to excel in the 21st Century Marketplace.
The RXR platform manages 71 commercial real estate properties and investments with an aggregate gross asset value of approximately $20.5 billion, comprising approximately 31.4 million square feet of commercial properties, inclusive of approximately 6.0 million square feet of buildings securing debt and preferred equity investments, a multi-family residential portfolio of approximately 2,500 units under operation or development, and control of development rights for an additional approximately 3,700 multi-family and for sale units in the New York Metropolitan area as of June 30, 2019. Gross asset value compiled by RXR Realty in accordance with company fair value measurement policy and is comprised of capital invested by RXR and its partners, as well as leverage.