It’s a beautiful day in the neighborhood – especially for us here at The Industry, as the building is now 51% sold!  Here’s our press release:

NEW YORK, May 3, 2012 – With the Long Island City housing market buzzing with activity after the mild winter, Court Square’s luxury condominium The Industry LIC has now reached the 51 percent sold mark. The 75-unit property, developed by Silvercup Studios’ owners Alan Suna and Stuart Match Suna, offers residents modern design features, incredible Manhattan skyline views and abundant outdoor spaces. Modern Spaces is the exclusive sales and marketing agent for the building.

The Industry has also seen tremendous activity among its penthouse units, which are typically the last to sell in luxury condominiums. All of the one-, two- and three-bedroom penthouse homes have sold.

The sales milestone is further testament to the increasing vitality of Long Island City’s emerging Court Square neighborhood. The area continues to see an influx of new residents and businesses, including restaurants, art galleries and performance studios.

“Interest in The Industry has been tremendous,” said Stuart Match Suna, President of Silvercup Studios. “The swift pace of sales confirms that buyers are drawn to top-flight construction in Long Island City, a fantastic neighborhood that is no longer a well-kept secret. It has become a go-to destination among a diversity of residents, from young professionals to families to empty nesters. We have additional offers pending on several of the remaining units and expect an even stronger increase in activity as the buying season heats up.”

Located at 21-45 44th Drive between 21^st and 23^rd Streets just steps to several subway lines, the sleek modern building offers a mix of studio, one-, two-, and three-bedroom homes that boast striking architectural details and unique contemporary amenities.

Residents enjoy open floor plans, with oversized windows allowing ample sunlight to pour into each unit. Many homes also feature private outdoor space. Unit amenities include white oak plank flooring, designer Italian kitchens and bathrooms, a washer and dryer and ample closet space.

Designed by award-winning architectural firm GreenbergFarrow, The Industry features a well-manicured rooftop terrace with dramatic views of the Manhattan skyline, and a ground floor, common-use backyard. Other building amenities include an attended lobby, storage units, bike storage, a state-of-the-art fitness center, lower-level parking garage and video intercom system.

The Industry is also just one subway stop from Manhattan, transporting residents into the heart of Midtown within minutes.

“The response to the homes at The Industry’s contemporary design and favorable pricing has been tremendous,” said Eric Benaim, CEO and President of Modern Spaces. “Each apartment is light-filled and spacious. The developers put a lot of thought into the details and it shows. We anticipate being sold out this summer.”

Prices for studios start at $414,750, one bedrooms at $462,000 and two bedrooms at $749,000. The building is FHA and Fannie Mae approved, providing buyers with multiple financing options. The Industry also has a 15-year, 421-a tax-abatement.

The sales office and model residences are open: Monday – Tuesday, Thursday – Friday 11 am – 6 pm and after 6 pm (appointment only); Saturday 12 – 3 pm (open house) and 3 – 4 pm (appointment only); and Sunday 1 pm – 4 pm (open house) and 4 pm – 5 pm (appointment only). For more information, call (718) 784-0880 or visit www.theindustrylic.com.

About The Developers,

Alan and Stuart Match Suna 

The Industry LIC was developed by Alan and Stuart Match Suna, owners of Silvercup Studios. The developers have roots in Long Island City for nearly 30 years. In addition to The Industry, they have developed over 1,000 rental, cooperative and condominium apartments in New York City. Their extensive real estate experience also includes ownership of one of the largest residential management companies in the region with more than 16,000 apartments in its portfolio.

About Modern Spaces

Eric Benaim, CEO and President of Modern Spaces, is frequently called by locals as “The Mayor” of Long Island City. Modern Spaces is a Long Island City based independent real estate brokerage company that specializes in residential and commercial sales and leasing as well as project development and marketing. Founded by Eric Benaim on the principles of customer service, community involvement and dedicated industry expertise, Modern Spaces’ agents are trained to provide their clients with absolute support, guidance and commitment from beginning to end of every real estate transaction.