Industry City | The Real Deal New York

The Real Deal New York

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Industry City

882 Third Avenue
Brooklyn, NY 11232
Office, Sales, Leasing/Rental, Other

882 Third Avenue in Brooklyn's Sunset Park neighborhood is a waterfront industrial complex completed in 1906 and also known as Industry City. The complex hosts some of the city's largest floor plates, at roughly 160,000 square feet; it is a mixed industrial and manufacturing parcel divided into 42 separate units.

The renovated site is just south of the southern tip of Manhattan, perched between the Gowanus Expressway and New York Harbor.

In August 2013,  Jamestown Properties, Belvedere Capital and Angelo, Gordon & Co. bought a stake in the property. Billionaire Rubin Schron's Cammeby's International, and FBE Limited are also partners. The owners unveiled plans in early 2015 to invest close to $1 billion over 12 years to create a modern manufacturing and technology hub; plans call for upgrading the 6 million-square-foot complex's infrastructure, development of a university-based research facility, an employment office and almost 1 million square feet of retail space.

Tenants include everything from artists to technology firms, and the 3-D printer company MakerBot Industries and flavor maker Virginia Dare Extract Co. lease space there.

The Brooklyn Nets National Basketball Association team, which plays at downtown Brooklyn's Barclays Center, is constructing a practice court on a rooftop at the complex.

The Jamestown group is seeking the city's help to upgrade the area surrounding Industry City.

  • Address 882 Third Avenue
  • neighborhood Sunset Park
  • borough Brooklyn
  • owner Jamestown Properties
  • owner entity 1-10 BUSH TERMINAL OW
  • floors 12
  • Year Built 1906
  • square feet 623,117
  • block and lot 3-00679-0001
  • BIN 3336893

01/31/19
...Industry City VER Technologies, a major provider of film and television production equipment worldwide, is the...

01/17/19
...Essence CEO Richelieu Dennis and Industry City at 220 36th Street (Credit: Facebook and Industry City) Essence Communications, the company that owns...

01/14/19
...lease to relocate some employees from Manhattan to Industry City. But in the years since, there’s been one glaring omission that’s frustrated...

12/20/18
...the No. 1 spot with a 55,000-square-foot lease in Industry City, and overall, the top 10 leases totaled about 329,000 square feet. The full list of Brooklyn...

11/08/18
...of Records and Information Services’ 133,000 square feet at Industry City in Sunset Park, just south of Red Hook, according to Colliers International. That deal...

...of Records and Information Services’ 133,000 square feet at Industry City in Sunset Park, just south of Red Hook, according to Colliers International. That deal...

10/30/18
...company did, however, open a new location in Industry City in Sunset Park last year. — Kathryn Brenzel...

09/25/18
...year, AECOM opened a new office nearby in Industry City...

09/11/18
...Vera President Nicholas Turner and Industry City at 274 36th Street (Credit: Living Cities and iStock) A nonprofit focused on criminal justice...

09/07/18
...Forum from 7:30 a.m. to 11 a.m. at Industry City, 220 36th Street. Attend to hear about recent real estate developments as well as what's...

07/24/18
...Andrew Kimball and Industry City at 274 36th Street in Brooklyn (Credit: Pace University and Industry City) Buck, a production...

07/20/18
...look at what’s happening around places like Industry City; they’ve transformed that place and have a lot of diversity, not just in...

...rents.” Similarly, à la the Brooklyn Navy Yard and Industry City, development firm Hugo Neu is overhauling a WWI-era shipyard in South Kearny to create...

07/06/18
...own assets such as the Woolworth Building and Industry City. It is also famous for making a $2 billion unsolicited bid for the Empire State...

07/06/18
...for a 55,000 square foot gallery at 51 34th Street. Industry City is the landlord of the property. 3) Target, 5200 Kings Highway, Marine Park - 50,000 square feet...

07/05/18
...square feet of office space at 167 41st Street. Industry City is the landlord of the building. 4) Altronix, 140 58th Street, Sunset Park - 130,000 square feet...

...look at what’s happening around places like Industry City; they’ve transformed that place and have a lot of diversity, not just in...

06/22/18
...Industry City at 274 36th Street in Brooklyn (Credit: Industry City and Pixabay) A city records agency is taking a big chunk of space at...

06/05/18
...a 10,000 square foot outlet store at 34 34th Street, Industry City, Sunset Park. Jeff Lagowitz of Savills Studley represented the tenant. The building is owned...

05/21/18
...stakes in seven properties in New York, including Industry City, and has developed mixed-use projects such as Ponce City Market in Atlanta and the...

05/17/18
...Restoration Hardware CEO Gary Friedman and Industry City Restoration Hardware is opening an outlet store at Industry City. The trendy furniture store...

05/11/18
...of Two Trees Management Company, Andrew Kimball of Industry City, among others, will provide speeches at the event. To search for future industry events...

...stakes in seven properties in New York, including Industry City, and has developed mixed-use projects such as Ponce City Market in Atlanta and the...

03/09/18
...chain with locations in Le Parker Meridien and Industry City, as well as in Dubai, Singapore and Brazil.) Representatives for the company didn't respond...

03/03/18
...Gordon & Co. is one of the owners of Industry City, above, in Brooklyn. (Credit from back: Joshsjackson, Pixabay) Angelo, Gordon & Co.'s head of...
  • Event Office Leasing
  • Address 882 Third Avenue
  • Neighborhood Sunset Park
  • Borough Brooklyn
  • Square feet 29,000
  • Publication Date 10/01/2015
  • Event Date 08/22/2015
  • Party 1 Industry City Associates
  • Party 1 Brokerage Industry City
  • Party 1 Broker Jeff Fein, Kathe Chase
  • Party 2 NYU Langone Health System
notes
The medical institution signed a lease.
  • Event Office Leasing
  • Address 882 Third Avenue
  • Neighborhood Sunset Park
  • Borough Brooklyn
  • Square feet 38,000
  • Publication Date 11/01/2014
  • Event Date 09/17/2014
  • Party 1 Brokerage Belvedere Capital
  • Party 1 Broker Jamestown Properties, Angelo Gordon & Company
  • Party 2 David Stark Design and Production
  • Party 2 Brokerage Sholom & Zuckerbrot Realty
  • Party 2 Broker John Ritter
notes
The event production firm signed a lease.

12/31/15
...an impressive portfolio that includes the Woolworth Building, Industry City and more than 15,000 apartments. Now, Ruby is grooming his sons, Eli and Avi, to...

12/30/15
...Plaza, the long-vacant, 1.2 million-square-foot complex just north of Industry City that Salmar Properties bought from the New York City Economic Development Corporation in 2011 for...

...Jamestown Properties took a roughly 50 percent stake in Industry City in Sunset Park, said Ofer Cohen, founder and president of TerraCRG. Perched at the...