Back in early March, we noted that Tishman Speyer announced they were planning a big office tower in Queens Plaza of about a million square feet, and that WeWorks was penciled in to take 250,000 of it. Monday they confirmed that they were going ahead with the project as they had found a financial partner, a Qatari fund, and had lease commitments of 800K sq. ft. Finally, yesterday Crain’s revealed that the extra 550K sq. ft. will be taken by Bloomingdale’s. Phew, what a process!
Anyway, in addition to adding another silhouette to the LIC skyline (27 stories), the interesting part of this development is that it’s neither residential, a hotel, nor a revamp of an existing commercial space, but a conventional office building with a fairly conventional tenant. Hmm, the next thing you know, Citibank will be moving in …oh wait
//LIC Concerts will present even more free live music at Gantry Park this summer. Thursday nights in July at 7pm, and then Sunday nights at 5pm in August. There will also be a show on Sunday September 4. This is what makes Long Island City great! Click below for more specifics about the series and the performers.
Bloomingdale’s Will Join WeWork at New LIC Office Tower – and become anchor tenant. Nice score!
LIC Concerts – live from Long Island City! The first show is tomorrow night!
PMG/Hakim Look to Sell Massive Clock Tower Development Site in LIC – looks like they can’t find a Qatari of their own and wisely don’t want to do this project w/o OPM
Revealed: Townhouse at 10-27 47th Road – 3-units in 5,000 sq ft to replace two-story vinyl-sider
City Lies About Water Quality in Newtown Creek – accusations from former DEP employees