Westchester County’s Industrial Development Agency has approved financial incentives for Regeneron Pharmaceuticals’ $1.8 billion campus expansion project in Tarrytown. With the expansion, Regeneron expects to create more than 2,700 new construction jobs, around 1,000 permanent positions, and an estimated $357 million in economic activity for Westchester County.
The Rockefeller Group has revealed a new 147,000-square-foot warehouse and distribution center at 10 Constitution Avenue in Piscataway, New Jersey. The 18-acre site is currently occupied by a 100,000-square-foot office building that will soon be razed to make way for the new property.
A joint venture between Invesco Real Estate and The Hampshire Companies has secured $34.5 million to construct a two-building warehouse and distribution center at 30 Cross Street in Bogota, New Jersey. When complete, the development will comprise 187,530 square feet spread across 11.7 acres.
Reality House, a Queens-based substance abuse and HIV treatment provider, will soon open its second facility at 31-75 23rd Street in Astoria, Queens. The new facility will comprise 7,000 square feet on the fourth floor of the building and will support the organization’s outpatient services and administrative functions.
Construction is continuing to ascend on 27-01 Jackson Avenue, a 27-story residential tower in the Court Square district of Long Island City, Queens. Designed by SLCE Architects and developed by Fetner Properties and Lions Group, the 151,000-square-foot structure will yield 164 rental units with one-third reserved for affordable housing, as well as ground-floor retail space and approximately 90 parking spaces on the first three levels. Lions Group II, LLC is the general contractor for the property, which is located at the corner of Jackson and 43rd Avenues.
