WeWork

Dock 72, photo by Harrison Boyce

The Brooklyn Navy Yard’s Dock 72 Nears Completion

Major progress has been made for Dock 72, a 16-story commercial office building rising in the Brooklyn Navy Yard. Incredibly, it is the first ground-up office building to rise in Brooklyn since MetroTech in the 1980’s. The development is a joint venture with Rudin Management and Boston Properties, with WeWork co-developing and handling amenities. WeWork will occupy nearly a third of the building.

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One Journal Square

Tax Breaks Approved For One Journal Square’s 56-Story, 744-Unit Mixed-Use Tower, Jersey City

Officially proposed last summer, New Jersey’s Economic Development Authority has approved $93 million in tax breaks for Kushner Companies and KABR Group’s planned 56-story, 744-unit mixed-use tower at One Journal Square, in Jersey City’s Journal Square district. According to the Jersey Journal, WeWork is expected to lease 101,000 square feet of office space on seven floors, and 78,000 square feet of retail space is planned on the bottom two levels. A second tower is also reportedly in the works, although completion of the first is expected in the spring of 2018.





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