Bloomingdale's To Anchor Tishman Speyer's LIC Office Project With 550k SF

The site of Tishman Speyer's planned WeWork property in Long Island City, Queens
Google Maps

Tishman Speyer’s massive office project at 28-10 Queens Plaza South in Long Island City has secured Bloomingdale’s to take 550k SF.

The retailer will join WeWork, which is taking 250k SF, among the tenants that have committed to approximately 800k SF of pre-leased space at the project, which when finished will be comprised of two office towers covering 1.1M SF, reports Crain's.

Earlier this week, the developer announced it was proceeding with the project and had leased 550k additional SF, but didn’t say who would be taking that space.

Bloomingdale’s is owned by Macy’s, which signed a 250k SF lease for The Factory last August at 30-30 47th Ave, also in Long Island City. That space will be used by some of the struggling company’s in-house photography studio and set space.

28-10 Queens Plaza South will have a total of 40k SF of retail space (as of now, none of it to be occupied by Bloomingdale’s).

It’s on pace to break ground in early 2017. Tishman Speyer announced this week that Qatari investment firm Qatari Diar will join the project as a JV partner. [Crain’s]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

Cross Ocean Partners, Fuller Realty Acquire 829K SF Houston Office Campus

NYC Office Investor Warns It Could Go Under As Defaults Pile Up

Deutsche Bank Takes 5 Floors At Oaktree And Quadrant's Canary Wharf Scheme

Coconut Grove Office Flipped For $15M Gain After One Year

D.C.'s Office Market Is Getting A Makeover

Chetrit Group 'Being Dissolved' As Family Turmoil Spirals

Oxford Properties Pays $435M For Boston Office Tower, Eyes More Deals

Century 21 Retail Redevelopment Advances With New Financing, Leases: The N.Y. Deal Sheet

Judge Rules FBI Can't Scrap Maryland Headquarters Plan

EXCLUSIVE: Opal Holdings' Former 700K SF Suburban Chicago Office Campus Hits The Market

Judge Approves $70M Sale Of Philly's Largest Office Complex

Brookfield Offloads 3-Building Silver Spring Office Complex