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JEMB opens Brooklyn s tallest office tower | Real Estate Weekly

Mayor Bill de Blasio and New York City Economic Development Corporation President and CEO Rachel Loeb and JEMB Realty Corporation celebrated the opening of 1 Willoughby Square, Downtown Brooklyn’s tallest commercial office tower and the first office tower since the 2004 Downtown Brooklyn rezoning. “The opening of One Willoughby marks a huge turning point in our recovery,” said Mayor de Blasio. “Over a year ago, as the city shut down to save lives, we could have only dreamed of celebrating the opening of a brand-new office tower. One Willoughby shows how the City can successfully work in partnership with communities and the private sector to create jobs and further New York City’s recovery.” 

NYC Public Design Commission Names Excellence in Design Winners

NYC Public Design Commission Names Excellence in Design Winners
architectmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from architectmagazine.com Daily Mail and Mail on Sunday newspapers.

11 Must Reads for the CRE Industry on Jun 11, 2021

Essex Crossing Developers Highlight Labor Agreement; Still No Decision on Hiring Union Construction Workers

Essex Crossing Site 2; view from the intersection of Delancey and Essex streets. Credit: Handel Architects. Crain’s posted a story overnight that touts the use of union labor in Essex Crossing, once the large residential and commercial complex on the former Seward Park urban renewal site is finished. Here’s how the piece leads off: The developers of Essex Crossing, the massive mixed-use project planned for the Lower East Side, have agreed to staff the complex entirely with union workers, the firms announced Wednesday. BFC Partners, L+M Development Partners and Taconic Investment Partners have inked an agreement with powerful building workers’ union 32BJ SEIU for up to 80 jobs that will eventually be part of the 1,000-unit development. The first phase of the project, where half the units will be affordable, is set to begin this summer. The partnership will also help fund a training program designed to equip area residents with the know-how to apply for many of the posts being

City commits $1B to growing New York s life science sector

The city is set to double its investment in New York’s growing life sciences sector with a $1 billion cash injection to build new lab space, spur research and create a pipeline of talent. Mayor de Blasio and the New York City Economic Development Corporation (NYCEDC) announced today a plan double the City’s original $500 million investment in life sciences to $1 billion as part of LifeSci NYC, a commitment launched by the mayor to create jobs and establish New York City as the global leader in life sciences. de Blasio launched the LifeSci NYC initiative in 2016 with a visit to the Kallyope lab in the The Alexandria Center for Life Science

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