WATCH: What to expect from Long Island City’s office market
Tishman Speyer’s 1.1 million-square-foot project is just the tip of the iceberg
September 23, 2016 07:00AM
By
Alistair Gardiner
Over the past decade, roughly 11,000 rental and condo units have sprouted up in Long Island City, with another 22,000 apartments on the way. As a result of this residential boom, demand for office space is on the rise — and developers want in on the action.
Tishman Speyer is developing a 1.1 million-square-foot office project, which features two 27-story towers and a four-story retail building. It has already pre-leased more than 800,000 square feet. And that’s not the only office project planned for the Queens neighborhood.
Watch the video above for the full story and to see a list of six office projects in the pipeline for Long Island City.
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