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Deals & Dealmakers

CBRE Tapped as Exclusive Leasing Agent at 400,000 SF Class A Office Building in Long Island City, NY

Opus Point is a new 400,000 sq ft. leasable commercial Class A office building rising at the foot of the Ed Koch Queensboro Bridge that prioritizes the health and well-being of its tenants. Located in the heart of Long Island City at 23-10 Queens Plaza South, the former headquarters of the Eagle Electric Company will be repurposed and enlarged to new heights. Opus Point will offer tenants 360-degree views from exceptional heights and the ultimate in modern, flexible, healthy office space, along with an extensive menu of tenant amenities.

A CBRE team led by Executive Vice President John Reinertsen and First Vice President Michael G. Lee will be marketing the commercial space at Opus Point, which is expected to deliver in Q2 2025. 

“CBRE is proud to have been selected to manage leasing at Opus Point, especially at this time when companies are making their workforces’ well-being a top priority. With its unrivalled amenity package, healthy building systems, and asking rents on par with the national average, Opus Point presents a unique opportunity for companies seeking to relocate their hybrid workforce to a New York City office building that is designed for the future,” said Reinertsen.

Dynamic Star and its building and systems design team of SLCE Architects, MG Engineering, MPFP Landscape Architects, Lemay + Escobar Interiors, LIVunLtd, and CBRE’s Energy and Sustainability Services team are designing an amenity-rich office building consistent with the WELL Building Standard, developed by the International WELL Building Institute. Significant building and WELL components of Opus Point include:

•    Floor plates of approximately 9,400, 14,400, 19,800, and 33,600 sq. ft. are designed to accommodate a variety of tenant needs, along with shared conference spaces and landscaped terraces;

•    Anchor tenant may advertise their business via an illuminated rooftop sign, as represented in the attached rendering;

•    Operable windows, fresh air-based ventilation system, enhanced filtration, UV air treatment, moisture and humidity management and control, and touchless building systems, including doors and elevators;

•    Lushly landscaped roof garden featuring meeting, dining, and recreation spaces with spectacular NYC skyline views; and

•    Indoor employee recreation space, including a half basketball court and gym; and ample indoor bicycle parking.

Opus Point’s transit- and pedestrian-oriented location is optimal for today’s hybrid work environment, with employees seeking employment closer to where they live. The property is surrounded by seven subway lines serving four stations and is at the foot of DOT’s proposed new Queensboro Bridge pedestrian path.

“We are excited to offer Long Island City a new standard in office buildings,” said Dynamic Star’s CEO Gary Segal. “Opus Point is designed to promote the health and wellness of our tenants. We believe that a healthy environment, combined with a rich mix of tenant amenities, is essential for productivity and overall well-being.”

Office tenants will enjoy a host of top amenities, such as an 8,000 sq. ft. gym and a half-court basketball on the lower ground floor, and an approximately 15,000 sq. ft. roof garden surrounding a 6,000 sq. ft. indoor recreation space. The top floor, at approximately 390 feet, will feature an approximately 4,000 sq. ft. conference space and landscaped terrace.

“Highlights of the retail tenant mix will include an incubator market located on the lower ground floor that will be targeted to local- and Queens-based chefs, artists, and craft makers using percentage leases in lieu of traditional rents,” said Brad Zackson, Dynamic Star’s Director of Development. “The market space will be connected to an approximately 2,600 sq. ft. public outdoor roof plaza. A restaurant and bar with outdoor seating is also programmed for the fifth floor roof. Larger retail tenants programmed for the lower and main ground floors will include an organic grocery store, restaurants, and café. A public exhibit dedicated to the Eagle Electric company will be located adjacent to the lobby and a 2,400 sq. ft. public community space located on the 23rd Street frontage will round out the ground floor uses.”

For more information on Opus Point and to schedule a tour of the property, please contact John Reinertsen or Michael G. Lee

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