Former owner signs contract to buy portion of Criterion Group’s LIC development when complete

Steven Newman through the entity Wharf Rat, LLC signed a memorandum of contract with Criterion Group through the entity 3108 Northern Blvd LLC to buy a condominium unit in a development at 31-08 Northern Boulevard in Long Island City once the development is substantially complete. The memorandum was signed on May 22, 2020 and was recorded on July 16, 2020.

Shibber Khan of Criterion Group and Yung Chin Siu signed a contract to sell a condominium unit in the building once completed to Steven Newman, who was the owner of the property before he sold it to Criterion.

Over the past five years, there have been 4 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $85,000.There has been one new building permit application totaling 248,681 square feet. There has been one demolition project filed for the parcels over the past five years.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link