Revel Leases Development Site Near LaGuardia Airport In Queens For Electric Vehicle Station

The development site at 90-10 Ditmars Boulevard in East Elmhurst, Queens, spanning 26,520 square feet, was leased to Revel for a 15-year term. The site is set to be transformed into a significant electric vehicle charging station with 48 new charging spots, strategically located near LaGuardia Airport. Scott Barone of Barone Management facilitated the lease agreement with Revel, representing a noteworthy development in the area.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: Not Applicable
• Landlord: Scott Barone - Barone Management
• Tenant: Frank Reig - Revel
• Brokers: George Skaliarinis & Mark Gallucci - Kassin Sabbagh Realty
• Address: 90-10 Ditmars Boulevard
• Market: East Elmhurst, Queens
• Lease Term: 15-year

George Skaliarinis and Mark Gallucci from Kassin Sabbagh Realty played pivotal roles as the brokers in the transaction, managing the negotiations between the landlord and Revel. With an eye on sustainability and innovation, Frank Reig of Revel aims to convert the former hotel space into a cutting-edge electric vehicle charging station that will cater to the increasing demand for electric vehicle infrastructure in the region.