Anyone can boldly announce plans for future office buildings that have no official groundbreaking dates. It’s another to actually start construction amid the lingering pandemic when the city’s overall office market continues to see record-high vacancy rates.
On Sept. 14, developer Edward J. Minskoff and JP Morgan Global Alternatives will take the plunge on 29 Jay Street, a 252,000 square-foot office and retail address to rise in Dumbo. It’s believed to be the first ground-up office project in the hip Brooklyn neighborhood in a century.
Photo: NY Post