Alexandria Real Estate files plans for $15M project at LIC life-science building

Alexandria Real Estate Equities, on May 24, filed plans for a $15 million build-out of two floors of a life-science building at 30-02 48th Avenue in Long Island City, Queens. The building is commonly called the Bindery building.

Alexandria purchased the 175,000-square-foot property for $75 million, at a value of $430 per square foot, on October 9, 2018.

The plans call for work on floors one and two of the 60-foot-tall, three-story building and were filed with the New York City Department of Buildings under job number Q00732559.

The project is described in the filing as: Removal and installation of interior non-bearing partitions and related finishes as per plans filed herewith. No change in use, occupancy or egress.

Alexandria mainly develops office and lab space for life science companies.

The architect listed is Jacobs.

Direct link to Acris documents. LINK

Direct link to DOB NOW Public Portal. LINK

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