The Westchester-based GDC Properties bought a development site in Long Island City for $37 million, according to property records filed with the city Monday. The site at 11-22 45th Road in the Court Square area of Long Island City is home to a one-story warehouse. GDC Properties president William Ingraham also filed a permit to demolish the 33,660-square-foot structure at the location, according to records from the city's Department of Buildings. The site holds 114,000 buildable ... [more]
