Posted Aug 29, 2017, 5:31 AM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 57,001
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http://nypost.com/2017/08/28/pfizer-...by-early-2018/
By Steve Cuozzo
August 28, 2017
Quote:
...Tishman Speyer owns more than 165 million square feet of commercial space around the world, including 23 million square feet in New York, where its holdings include Rockefeller Center, the Chrysler Building and the MetLife Building.
Led since 2008 by President and Co-CEO Rob Speyer, the company now has more than 8 million square feet of projects in the development pipeline — perhaps its most ever at the same time.
Among them is a full-scale transformation of nearly six aces of mostly vacant former industrial space in Long Island City’s Queens Plaza district that will consist of two adjacent, mixed-used projects.
The Jacx will be the borough’s largest office development since the Citigroup tower opened in 1990. Two 26-story towers connected by a four-story base will have 1.2 million square feet, of which more than 70 percent is pre-leased to WeWork and Macy’s/Bloomingdale’s.
Across the street, work is nearly done on Jackson Park, a trio of high-rise luxury rental apartment towers with a private park.
Tishman Speyer has also started on The Wheeler, a 10-story, 620,000-square-foot “creative office hub” to rise atop Macy’s department store in downtown Brooklyn.
It also plans a new apartment tower on a former Macy’s garage site across the street.
The developer is also weighing plans for another tower of up to 1.3 million square feet on a site it owns between the new Hudson Boulevard and the Javits Convention Center between West 36th and 37th streets.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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