Welcome to Court Square Place - Leasing

Located in the heart of Long Island City's vibrant commercial district - just one block from Citicorp Tower, Court Square Place is a distinctive addition to the burgeoning LIC skyline. Developed as its world headquarters by the United Nations Federal Credit Union (UNFCU), a global, not-for-profit, cooperative financial institution with $3.3 billion in assets, this owner occupied building has been designed by HLW.

Floor Plan   |   Building Specifications   |   Stacking Plan

Economic Incentives

Uniquely business friendly, Long Island City offers companies a wide array of economic advantages on both City and State levels. These include business income tax credits and real estate tax savings, as well as energy discounts. In fact, estimated savings from available as-of-right- programs can total up to $16 per square foot per annum.

Programs include the following:

Tax Savings: An annual credit against City business tax liability of up to $3,000 per employee is available to businesses relocating from Manhattan south of 96th Street or from outside New York City through the Relocation and Employment Assistance Program (REAP) - 25 year exemption from increases in real property tax Industrial and Commercial Incentive Program (ICIP) - Commercial Rent Tax Exemption

Energy: A 12- year plan through the Energy Cost Savings Program (through ESCP, providing discounts of up to 45% on delivery portion of electric and gas costs

Above programs subject to continuance of programs and availability of funds.

Transportation

Long Island City has an extensive transportation network with eight subway lines, eleven bus routes, the Long Island Railroad and frequent ferry services, making it one of New York's most accessible locations. One subway stop from Manhattan, Court Square Place is also just a few minutes from the Ed Koch Queensboro Bridge - hence, minutes from Manhattan by car - equally close to major highways and in extremely close proximity to both JFK and LaGuardia International Airports.

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Neighborhood

LIC also features a wide array of arts and media companies - the successful and highly visible Silvercup Studios among them - along with a variety of intriguing museums, art galleries, restaurants and shops. In addition, a comprehensive program to redevelop public spaces in Long Island City is already underway. These include the $80-million reconstruction of Queens Boulevard connecting Court Square to Queens Plaza.

Contact Information

For leasing information or to arrange an inspection, please contact:
Greg Smith 212-445-1239 Greg.Smith@jrtrealty.com	Kate Pezzolla 212-445-1232 Kate.Pezzolla@jrtrealty.com