Consumer Reports Takes 8K SF in Midtown East for First Manhattan Outpost
Consumer Reports is testing some new digs in Manhattan The nonprofit research and product testing organization signed a two-year lease for 8,189 square feet on the second floor of 675 Third Avenue to establish a satellite office in the borough, Commercial Observer has learned. Asking rents were $72 per square foot, according to landlord the Durst Organization. “This is a plug-and-play solution with furniture [and] a very high-end, forward-thinking trendy premises, which attracted Consumer Reports given that this is their first Manhattan-based office location,” said Durst’s Lauren Ferrentino, who handled the deal in-house for the landlord with Ashlea Aaron. “It…
Date 2022-05-27
Author Celia Young
Power 100
#9 Douglas Durst and Jonathan “Jody” Durst Chairman; President at Durst Organization Last year's rank: 5 The name “Durst” has been one of the stalwarts of New York City real estate since the family patriarch, Joseph, purchased his first building in 1915. His grandsons, Douglas and Jonathan “Jody” Durst, have been through enough that they can deal with something like a pandemic without losing their stride. While they control a substantial residential catalog, the Dursts said that their Manhattan-based company’s commercial portfolio in particular is going “gangbusters.” That portfolio boasts total or partial control of skyscrapers such as 1 Bryant…
Date 2022-05-16
Author Mark Hallum
The first retail tenant for Durst's new LIC rental tower: a brewery
Finback’s original brewery is also in Queens, further east in Glendale. Its second opened in Gowanus in the summer of 2020. Both are in relatively industrial, simple spaces. The Long Island City location is, by contrast, brand new, with big glass windows “It’s much more finished,” said Basil Lee, co-owner of the brewery chain. “Our focus is on making a nice space, upping the finishes and the design.” Durst is financing some of the build-out. Lee said the location would brew interesting small batches, using mixed cultures and fruit grown on Finback’s own upstate farm. There will be beers made…
Date 2022-04-28
Author Cara Eisenpress
Brewery To Open In New Long Island City Apartment Tower
LONG ISLAND CITY, QUEENS — The new luxury apartment tower that now glistens next to Queens Plaza has a new amenity to add to its list: a brewery Finback Brewery, based out of Glendale, has signed a lease to open a 3,800-square-foot location in Sven, the recently completed tower at the corner of Queens Plaza and Northern Boulevard, developers announced Monday. Consisting of a taproom and on-site "microbrewery," the ground-floor space will open in late 2022, according to the Durst Organization, which built the glass tower that curves around the landmark Chase Manhattan Bank building. Besides its Queens headquarters, Finback…
Date 2022-04-26
Author Nick Garber
Taproom and Microbrewery to Open on Ground Floor of Long Island City Development
The list of breweries choosing to operate out of LIC continues to grow—with a New York-based company announcing Monday that it is opening a taproom and microbrewery on the ground floor of a new development in the Queens Plaza section of Long Island City Finback Brewery—which opened in 2013 with a 25-barrel brewery in Glendale, Queens—has leased a 3,800 square foot space at the bottom of The Durst Organization’s 67-story apartment complex, which is called “Sven” and is located next to the iconic clock tower in Queens Plaza. The company will join a multitude of other breweries that have opened…
Date 2022-04-26
Author Christian Murray