JEMB Realty Corporation Celebrates the Milestone with a Ribbon Cutting Ceremony on the Building’s 24th Floor on Friday, October 4
(Photo Credit: DBOX)
JEMB Realty Corporation (JEMB), a real estate development, investment and management organization headquartered in New York City, today proudly announces the topping out of 1 Willoughby Square (1WSQ), the highly anticipated class-A office development rising in the heart of Downtown Brooklyn.
To commemorate the milestone, JEMB is hosting an honorary ribbon cutting ceremony during an intimate breakfast event on Friday, October 4, from 10 a.m. to 12 p.m. The developer will be joined by some of the project’s key collaborators including architect FXCollaborative, builder Gilbane Building Company and exclusive leasing agent Newmark Knight Frank.
The Downtown Brooklyn Partnership, the not-for-profit local development corporation that serves as the primary champion for the business, culture, education, residential and retail growth of the destination, was also present at the ceremony.
“We are incredibly happy to achieve and celebrate this milestone for 1 Willoughby Square,” said Morris Bailey, co-founder of JEMB. “Downtown Brooklyn is one of the most vibrant neighborhoods in the city, and we’re excited to deliver an unparalleled, Class A product to the community.”
(Photo Credit: DBOX)
Soaring 34-stories, 1WSQ will bring 500,000-square-feet of space to the Brooklyn office market, with floor plans boasting ceiling heights up to 14,500-feet. Designed by world-renowned architecture, interiors and planning firm, FXCollaborative, who will also be the building’s anchor tenant, meticuslously crafted the interior spaces to cater to all future tenants. Each floor plan has a fluid connection to the outside with oversized windows, showcasing ample amount of natural light and column-free floor plans which further supports space efficiency. Additionally, the exterior façade will feature unique dark blue glazed bricks adding yet another impressive element to the Brooklyn skyline.
“1 Willoughby Square is specifically conceived for the Brooklyn ethos. It’s design promotes social interaction and natural connectivity throughout, from the amenity spaces and numerous exterior terraces, to it’s wide‐open, light-filled work environments. We are very proud of the results and couldn’t be more excited to move in next year.” said Dan Kaplan, FAIA, LEED AP, Senior Partner of FXCollaborative.
(Photo Credit: Jared Siskin)
The topping out of 1WSQ was scheduled in conjunction with the building’s website launch, which showcases renderings and information on transportation, entertainment and dining and contacts for the leasing team, Newmark Knight Frank. The firm, one of the world’s leading commercial real estate advisory companies, is exclusively handling the leasing and marketing for the project. The team includes President New York Tri-State Region David Falk, Senior Managing Director Eric Cagner, Managing Director Whitten Morris, Associate Director Ryan Gessin and Associate Director Joseph Sipala.
1WSQ’s current tenants include FXCollaborative, as the anchor and a school in partnership with the New York School Construction Authority. JEMB, along with NKF is in further discussion with national and international tenants to lease space at the development. The building is slated to be completed in Q4 2020.
For more information about JEMB’s 1 Willoughby Square, please visit the website at www.1wsq.com/ & follow the Instagram page: https://www.instagram.com/1willoughbysquare/
JEMB contacts: Jacob Jerome at jacobjerome@jembrealty.com& Morris Jerome at mbjerome@jembrealty.com
NKF contacts: Eric Cagner at ecagner@ngkf.com and Whitten Morris at wmorris@ngkf.com
About JEMB Realty Corporation
Founded in 1990 by Morris Bailey and Joseph Jerome, JEMB Realty Corporation (JEMB) is an established family-run, forward-thinking real estate development, investment and management organization based in New York City. Now, under the leadership of Morris Jerome, Louis Jerome, and Jacob Jerome, JEMB owns and operates a real estate portfolio totaling in excess of 6.5 million square feet throughout the United States and Canada. The firm has commanded a highly-respected position as a key player in the real estate industry, continually seeking out new challenges and productive investments, and operating as a low-leverage company and long-term strategic partner active in acquisitions, innovative repositioning of real estate assets, major commercial and infrastructure investments, construction projects as well as financial structuring.
