Newmark arranged an approximately 41,000-square-foot lease for Pursuit Transformation Company Inc. at The JACX, a new 700,000-square-foot Class A office development at 28-07 Jackson Ave. in Long Island City. Newmark President, New York Tri-State Region David Falk and Executive Managing Director Daniel Levine represented Pursuit in the lease negotiations. Building owner Tishman Speyer was represented in-house by Megan Sheehan.
Pursuit, a nonprofit social impact organization focused on providing employment training and professional development for careers in technology and AI, signed a long-term lease for the entire 14th and 15th floors, where the organization will relocate its New York headquarters.
“The JACX provides Pursuit with an exceptional environment to support its continued growth and evolution,” said Levine. “The new headquarters will allow the organization to build on its strong presence in Long Island City while creating a workplace that supports its people, mission and long-term objectives.”
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