Michael Wang, co-chair of the real estate committee at the Queens Chamber of Commerce and a commercial real estate broker is launching a technology-driven real estate brokerage firm focusing specifically on the Queens, New York submarket dubbed Project Queens. Combining his experience with the most advanced technology, Wang plans to spearhead a firm that is focused on providing granular analytics about market exposure to support investors and developers in the market.
The brokerage aims to capitalize on the demand to innovate traditional ways of brokering to a more technical, modern and service-based process. Project Queens differs from other brokerage firms in that it will focus solely on the Queens submarket, as oppose to multiple boroughs in New York.
Recently, the brokerage closed a $10 million industrial portfolio in Flushing and properties in Long Island City, which include a 75,000 square foot mixed-use retail; and a 40,000 square foot retail space at 5-06 51st Ave. and office building at 37-10 Queens Blvd. They also added a 60,000 square foot warehouse in College Point, Flushing at 31-89 123rd St. Project Queens’ recently closed tenants including Mango Mango, Chase Bank and Code Ninjas.
The new brokerage firm has received welcoming hands from the local community.
“As the President and CEO of the Queens Chamber of Commerce, it gives us all great pleasure in supporting one of our own, Michael Wang,” said Thomas Grech, executive director of the Queens Chamber of Commerce.
