The City Council's vote will usher in nearly $300 million in state and federal investment as well as the rezoning of about 23 blocks in Downtown Far Rockaway.
PTC will bring more than 1,000 employees to the Seaport District. The firm employs more than 6,000 workers worldwide. PTC is the building's first signed tenant and will occupy two-thirds of the building, taking the top floors from nine to 17.
L&L announced in August it became an equity partner in the project that involves the restoration and elevation of the iconic Palace Theatre, the development of a new 700-room hotel as well as retail space.
New York State officials and Amazon announced the 855,000-square-foot project on Wednesday. Amazon says that when completed next year the facility will create 2,250 new, full-time jobs.
Third Point LLC has signed a 10-year lease for 75,064 square feet on the top three floors of the 51-story 1.3 million-square-foot office tower currently under construction on Eleventh Avenue between 34th and 35th streets.
The plan calls for the facility to be renovated into a state-of-the-art recording and video production facility for the city's music, theater, television and film sectors.
Auditors from the state comptroller found there was minimal communication between DEP and DOB regarding noise complaints and there was no formal process for sharing information about problematic construction sites, particularly those with a high number of noise complaints.
. While the lab availability rate inched up slightly, the mid-year 2017 rate for Greater Boston is still lower than the five-year running average of 9.3%. At the end of June there was 1.5 million square feet of lab space available in Greater Boston.
Gilbert, who has 37 years commercial brokerage experience, was a senior managing director at Newmark Knight Frank prior to joining ABS Partners Real Estate.