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Deals & Dealmakers

LICP recognizes work of TF Cornerstone founders


Civic and business leaders gathered at Astoria World Manor for the Long Island City Partnership’s 27th Annual Luncheon, which recognized the work of TF Cornerstone founders K. Thomas Elghanayan and Frederick Elghanayan. The Elghanayans were recognized for their role in pioneering the Long Island City waterfront, most recently celebrating the completion of their 10-year, $1.4 billion neighborhood development on Center Boulevard. Their 21-acre waterfront Center Boulevard has become the main thoroughfare connecting the LIC waterfront with the rest of the borough. Made up of entirely new construction, it includes parks, a public K-8 elementary school, shops and restaurants including Sweetleaf Coffee and Tea, Shi Asian Restaurant, Blue Streak Wines, Food Cellar Market, Duane Reade, and MoMA PS1. Pictured l-r: Elizabeth Lusskin, president of the LIC Partnership and Executive Director of the LIC Business Improvement District; Frederick Elghanayan, president of TF Cornerstone and; K. Thomas Elghanayan, chairman of TF Cornerstone.

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