NEW YORK CITY-The Federal Emergency Management Agency has signeda short-term lease for a 200,000-square-foot space at Forest HillsTower to house its New York City headquarters. As per the deal,short-term lease renewals can be executed as an option. FEMA willoccupy 10 floors in the 17-story Class A office tower spanning375,000 square feet at 118-35 Queens Blvd. in Forest Hills,Queens.
In the transaction, CBRE brokered for the U.S. General ServicesAdministration, while Jones Lang LaSalle negotiated for thelandlord, Muss Development. For the full story, go to Commercial Property Executive .
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