The Real Deal New York

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

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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