Teachers union inks long-term lease at Forest Hills building

UFT is taking 44K sf at Muss' 118-35 Queens Boulevard

TRD New York /
Nov.November 08, 2018 06:05 PM

From left: Jason Muss, Forest Hills Tower at 118-35 Queens Boulevard, and Michael Mulgrew (Credit: LoopNet and Getty Images)

The United Federation of Teachers has inked a 44,000-square-foot lease at a large building from Muss Development in Forest Hills.

The union will occupy the seventh and eighth floors in the 16-story property at 118-35 Queens Boulevardknown as Forest Hills Tower, and the deal will last for 20 years, according to Crain’s. Asking rent was $39 per square foot.

Muss Development constructed the office building in 1981, which spans 375,000 square feet overall. They have invested roughly $25 million in it for upgrades in recent years, and the UFT lease means the building is now filled.

Other recent leases at the building include Plaza College, the Board of Elections and Regus, a flexible-office-space provider. Muss Development also recently landed a $75.4 million loan for the building from AXA Equitable Life Insurance Company this summer.

UFT plans to move into the building next year. The union already occupies space at Muss-owned buildings in Staten Island and Brooklyn. [Crain’s] – Eddie Small

Related Articles


“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

There will be 70 agents based at the new office (Credit: iStock)

Compass opens Long Island City office as new-development sales surge

Long Island City, Queens (Credit: iStock)

Queens sale prices set record despite signs of trouble

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

Embattled Prodigy Network CEO Rodrigo Niño to step down

43-20 49th Avenue in Long Island City and Andrew Chung of Innovo Property Group (Credit: Google Maps)

Andrew Chung tees up Queens’ biggest deal of 2019