REAL ESTATE
The Paper Factory hotel in LIC transformed into ‘short stay’ commune
Photo courtesy of The Collective
Sales in Queens HOMES COOPS CONDOS Listings and photos courtesy MLSLI
NORTHEAST NORTHWEST SOUTHEAST SOUTHWEST
BEECHHURST LONG ISLAND CITY BRIARWOOD HOWARD BEACH
Under $500,000
16-30 160th St., Whitestone
$309,000
Co-Op
2 bedrooms, 1 bathroom
Andrea Evans
Douglas Elliman Real Estate
$500,000 - $900,000
9-11 127th St., College Point
$799,000
Single-family
3 bedrooms, 1.5 bathrooms
Edward Lee
Keller Williams Realty Greater
Over $900,000
14-49 165th St., Beechhurst
$3,500,000
Single-family
5 bedrooms, 5 bathrooms
Helen Keit
Keller Williams Rlty Landmark
Under $500,000
3925 51st St., Woodside
$419,000
Co-Op
1 bedroom, 1 bathroom
William Kokoris
Compass Greater NY LLC
$500,000 - $900,000
86-10 34th Ave., Jackson Heights
$639,000
Co-Op
1 bedroom, 1 bathroom
Stephan Mahabir
Exit Realty Advantage
Over $900,000
11-49 Welling Ct., Long Island City
$1,999,000
Townhouse
6 bedrooms, 6 bathrooms
Jaroslaw Kaszuba
Exit All Seasons Realty
Under $500,000
144-20 Village Rd., Briarwood
$315,000
Co-Op
2 bedrooms, 2 bathrooms
Th omas Song
Century 21 American Homes
$500,000 - $900,000
86-09 254th St., Bellerose
$639,000
Single-family
3 bedrooms, 1 bathroom
Clara Valderrama
Douglas Elliman Real Estate
Over $900,000
85-24 250th St., Bellerose
$1,625,000
Single-family
5 bedrooms, 3 bathrooms
Linda Freedman
Douglas Elliman Real Estate
Under $500,000
103-26 68th Ave., Forest Hills
$319,000
Co-Op
1 bedroom, 1 bathroom
William Kokoris
Compass Greater NYC LLC
$500,000 - $900,000
99-78 164th St., Howard Beach
$625,000
Single-family
3 bedrooms, 2 bathrooms
Michael Tepper
Exit Kingdom Realty
Over $900,000
$1,090,000
107-24 71st Ave., Forest Hills
Condo
2 bedrooms, 2 bathrooms
Joseph Pollini
J Pollini Realty Inc
BY BILL PARRY
bparry@schnepsmedia.com
@QNS
Th e Paper Factory, a boutique hotel in
an industrial section of Long Island City,
has been acquired by Th e Collective, the
British pioneer of the communal living
movement.
Th e Collective will transform the building,
located at 37-06 36th St., into a co-living
environment and cultural destination
that integrates the surrounding neighborhood
at the southern end of the Kaufman
Arts District.
Th e Collective bases its unique living
environment on “A Th eory of Human
Motivation” by American psychologist
Abraham Maslow, which he published in
1943. In it, Maslow described the “hierarchy
of needs,” fi ve diff erent levels that
when met allows a person to “self-actualize”
reaching their fullest potential as a
human being.
“We are profoundly excited
for our arrival in Queens,”
Th e Collective Founder and CEO
Reza Merchant said. “We love
to join culturally vibrant neighborhoods
who are embarking on
their own phase of change, and to
work alongside locals to understand
their current needs. Our
vision for Paper Factory is to activate
an inspiring environment
where the community of Long
Island City and our members can
share unforgettable, enriching
experiences that have a lasting
impact on their lives.”
Th e Collective’s members can
take advantage of fl exible terms starting
from a single night up to a few weeks,
with all amenities, utilities, Wi-Fi, linen
change and concierge services rolled into
a single, simplifi ed cost.
Th e fi rst phase of rejuvenation at Paper
Factory will its expansive ground and
basement fl oors into a highly varied series
of spaces designed to host daily experiences,
ranging from cutting-edge music
programming to educational gatherings
around the future of living to mindfulness
and wellbeing workshops. Th e program,
which will be open to members and
to the public, will strike a balance
between intellectual growth, spiritual
inspiration and cultural discovery.
“We are very focused not just
how people feel in our spaces,
but what they may become
there,” Merchant said. “We take a
huge amount of inspiration from
Maslow’s hierarchy of needs and
believe it is our duty to cater to
all needs of the pyramid, starting
from essentials like food and shelter.
All the way to the top, which
is self-actualization. Seeing people
grow and achieve their full
potential in life is what gets us out
of bed every morning.”
Next year, Th e Collective will turn its
attention to Paper Factory’s upper fl oors
by adding more than 100 bedrooms to
its current 125. Th e company already
owns two Brooklyn properties currently
in development.
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