NEW YORK CITY—Digital agency VaynerMedia has signed a lease to locate its new studio production house at The Point in Long Island City. VaynerMedia's production house will occupy approximately 43,000 square feet in the Blanchard Building, one of the two buildings that make up The Point, a new commercial and retail community owned by Related Fund Management and GreenOak Real Estate. The Point complex also includes The Paragon building.
Newmark Grubb Knight Frank, led by Vice Chairman Brian Waterman, and Stephen Winter of Related Cos. are overseeing the leasing of the properties. Both buildings offer open-plan office environments and access to the No. 7 subway and Long Island Railroad.
The seven-story, 220,000 square foot Blanchard Building at 2110 51st Ave. offers 35,000-square-foot floor plans and a social atmosphere featuring a unique indoor/outdoor lobby café and courtyard.
The seven-story, 130,000 -square-foot Paragon Building is located directly above the No. 7 subway station on 21-00 49th Avenue at the South East corner of 21st Street. The commercial space boasts large floor plans from 12,600 to 18,300 square feet, a penthouse roof terrace, new nine foot windows, spacious 13-17 ft. ceiling heights, unobstructed views of Manhattan, Queens and Brooklyn from all sides, as well as ground and garden-floor retail.
Both buildings are undergoing a significant capital improvement program creating new building entries and lobbies as well as brand new mechanical and electrical systems. Blanchard will be available for occupancy in Spring 2017 and Paragon in Fall 2017.
Via the No. 7 train, the Point is six minutes from Grand Central, four stops to Times Square and five stops to Hudson Yards. Both properties are a two minute walk to the G train offering access to Brooklyn, and they also boast immediate access to the Queens Midtown Tunnel and Long Island Expressway.
Long Island City is home to over 6,300 businesses and nearly 100,000 employees. The area's strong growth has attracted such tenants as JetBlue, Macy's, Gwynnie Bee, Ralph Lauren, Madewell, Rolex, Bergdorf Goodman, J. Press and Brooks Brothers.
In addition, over 11,000 new apartments have been built since 2006 with an additional 22,000 in planning and development. Dozens of new boutiques, restaurants and bars have also opened in the past year and the area features numerous public green spaces and parks.
“My intuition about Long Island City makes me sure The Point in LIC is going to be an amazing location for our talent,” declares VaynerMedia CEO (and social media star) Gary Vaynerchuk. “It's a great space, and will be easy for my team to get to and from VaynerMedia's Hudson Yards headquarters.”
Adds SVP of Related Fund Management Patrick Sweeney, “We are thrilled to welcome VaynerMedia to The Point. The Blanchard building was an ideal fit for VaynerMedia CEO Gary Vaynerchuk and his talented employees, offering well amenitized, Class A office space in a unique social setting and all in one of the most desirable neighborhoods to live and work.”
Newmark Grubb Knight Frank, led by Vice Chairman Brian Waterman, and Stephen Winter of Related Cos. are overseeing the leasing of the properties. Both buildings offer open-plan office environments and access to the No. 7 subway and Long Island Railroad.
The seven-story, 220,000 square foot Blanchard Building at 2110 51st Ave. offers 35,000-square-foot floor plans and a social atmosphere featuring a unique indoor/outdoor lobby café and courtyard.
The seven-story, 130,000 -square-foot Paragon Building is located directly above the No. 7 subway station on 21-00 49th Avenue at the South East corner of 21st Street. The commercial space boasts large floor plans from 12,600 to 18,300 square feet, a penthouse roof terrace, new nine foot windows, spacious 13-17 ft. ceiling heights, unobstructed views of Manhattan, Queens and Brooklyn from all sides, as well as ground and garden-floor retail.
Both buildings are undergoing a significant capital improvement program creating new building entries and lobbies as well as brand new mechanical and electrical systems. Blanchard will be available for occupancy in Spring 2017 and Paragon in Fall 2017.
Via the No. 7 train, the Point is six minutes from Grand Central, four stops to Times Square and five stops to Hudson Yards. Both properties are a two minute walk to the G train offering access to Brooklyn, and they also boast immediate access to the Queens Midtown Tunnel and Long Island Expressway.
Long Island City is home to over 6,300 businesses and nearly 100,000 employees. The area's strong growth has attracted such tenants as JetBlue, Macy's, Gwynnie Bee, Ralph Lauren, Madewell, Rolex, Bergdorf Goodman, J. Press and Brooks Brothers.
In addition, over 11,000 new apartments have been built since 2006 with an additional 22,000 in planning and development. Dozens of new boutiques, restaurants and bars have also opened in the past year and the area features numerous public green spaces and parks.
“My intuition about Long Island City makes me sure The Point in LIC is going to be an amazing location for our talent,” declares VaynerMedia CEO (and social media star) Gary Vaynerchuk. “It's a great space, and will be easy for my team to get to and from VaynerMedia's Hudson Yards headquarters.”
Adds SVP of Related Fund Management Patrick Sweeney, “We are thrilled to welcome VaynerMedia to The Point. The Blanchard building was an ideal fit for VaynerMedia CEO Gary Vaynerchuk and his talented employees, offering well amenitized, Class A office space in a unique social setting and all in one of the most desirable neighborhoods to live and work.”
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