Tarter Krinsky & Drogin represented the landlord of The Factory in Long Island City, Queens, in the leasing of office space to TEI Group Inc., an elevator solutions company. TEI Group Inc. signed a 12-year lease to relocate its headquarters to the Long Island City building. As part of the city’s Relocation and Employment Assistance Program, TEI will qualify for a $3,000-per-employee city tax credit for relocating to Long Island City from Manhattan.

Built in 1926, The Factory is a 10-story, 1-million square foot creative office loft property, formerly owned by Macy’s and used as a furniture warehouse.

Alan Tarter, Arthur Zagorsky, and Brian Beller handled the matter for Atlas Capital Group LLC.