News

10-04-2019

1 Willoughby Square, Brooklyn's Tallest and Most Anticipated Office Tower Tops Out

FXCollaborative
Photo by Jared Siskin
1 Willoughby Square (1WSQ), the highly anticipated class-A office development rising in the heart of Downtown Brooklyn, has topped out. Celebrating the milestone, FXCollaborative joined the developer JEMB Realty Corporation and key collaborators builder Gilbane Building Company and exclusive leasing agent Newmark Knight Frank for a ribbon cutting ceremony on the 24th floor of the building on October 4, 2019.

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."

Rendering by DBOX
Rendering by 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. The structure was designed by world-renowned architecture, interiors and planning firm FXCollaborative; who will also be the building's anchor tenant.

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.

Dan Kaplan; Photo by Jared Siskin
"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.

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.

From left: Gustavo Rodriguez, Dan Kaplan, Brian Fanning, Guy Geier, Angie Lee, and Leslie Jenkins; Photo by Jared Siskin
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.