BUSINESSglobal
BrightSpire Sells LIC Office Building to Pearl Realty at $36M Discount
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Updated 3 hours ago
First seen March 20, 2026 20:39:01Stay on top of this story
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Quick Summary
Commercial real estate investment trust BrightSpire Capital has offloaded an office and retail building in Long Island City, Queens, for $28 million, according to city records made public this week. The price is $36.3 million less than what the building sold for three years ago. BrightSpire, using the entity BRSP Paragon, sold the seven-story building […]