Renovated Loft R&D/Lab Space with 360º Views - LIFE SCIENCES 2100 49TH Avenue, Long Island City, NY - The Point LIC

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Renovated Loft R&D/Lab Space with 360º Views - LIFE SCIENCES 2100 49TH Avenue, Long Island City, NY - The Point LIC
2100 49TH Avenue, Long Island City, NY

PARAGON
          LIFE SCIE
                            NCES

                                         Renovated Loft
                                         R&D/Lab Space
                                         with 360º Views
Renovated Loft R&D/Lab Space with 360º Views - LIFE SCIENCES 2100 49TH Avenue, Long Island City, NY - The Point LIC
P A R A G O N
                                                                                   ES
                                                       LIFE SCIENC

                                        PARAGON is a seven-story, 130,000 square foot,
                                        commercial building located in the heart of the
                                        Hunter’s Point neighborhood of Long Island City at

        minut                      o
                                        the South East Corner of 21st Street & 49th Avenue.

                e s to     e p s t
                         St e t a i l
                                        PROPERTY FEATURES:
         m i d to
                  wn     LIC
                              R         • Rooftop tenant amenity space

                                        • 11,711 sf to 18,300 sf floor plans

                                        • New 9 ft high windows
Nex
    t D                                 • Spacious 13 ft - 17 ft ceiling heights
 BRO oo r
     O K L to                           • 360˚ views of Manhattan, Queens and Brooklyn
          YN                            • Ground floor and garden level retail

                                        • 6-minutes to Grand Central Station

                                        • Located in an OpportunityZone

                                        • Underwent a $35 million capital
                                          improvement program including new building
                                          entry and lobby, new passenger elevators,

         P O INT                          new windows, new HVAC, new bathrooms,

      RY         d                        new mechanical and electrical systems and
  ENT g Isl a n                           façade restoration.
      on
 TO L
Renovated Loft R&D/Lab Space with 360º Views - LIFE SCIENCES 2100 49TH Avenue, Long Island City, NY - The Point LIC
Built For Life Sciences

$35
140KMillion
    RSF                         12K–35KSF
                                18,000 SF                       200Months
                                                                6-9 PSF
In Capital
 Lab       Improvements
     & Creative Office Space    Flexible Floor Plates
                                               Plates           Immediate
                                                                 Live Load Delivery

13’6”-17’
12'5"–14'4"                     Heavy
                                6     Power
                                  Minutes                       Approved
                                                                M-Zoning
Soaring Ceiling Heights
Variable                        Paragon to Grand Central
                                & HVAC Upgrades  Available      For Biotech/Lab
                                                                Zoning          Use Use
                                                                        & Laboratory

                                                                   7

Security
Starbucks On-Site               Column Spacing
                                Incentives                      Elevators
                                                                Transit On-Site
Including
Lobby     Additional
       Desk Staffed Amenities   Eligible
                                Typicallyfor NYC
                                           20’    & on
                                               x 22’ NYS
                                                       Center   7 Train,
                                                                All      LIRR,
                                                                    Floors     LIE
                                                                           2 Dedicated
During Building Hours                                           Passenger Elevators;
                                                                1 Freight Elevator
Renovated Loft R&D/Lab Space with 360º Views - LIFE SCIENCES 2100 49TH Avenue, Long Island City, NY - The Point LIC
N e     w
          C O N N E C T
                      t S
                        h e
                                                                                                                         QUEENS
WHERE LIC
                                                                                                    NQ
                                                                                                       R            F

                                                 4
                                                          sto p s             C o r n e ll
                                                        t o T im e
                                                                   s             Te c h
                                                          Sq u a r e            Ca mpus
                                                                                                            E M
                                                                                                                                        o
                                                                                                                                   ss t

                               5                                        7                                                      Acce ain

                                                     6
                                          Sto ps
                                                                                                                                 7 Tr
                                        to Hud son                es
                                                           Minut nd
                                                                 a
                                                                                                                          7
                                          Yard s           to G r r a l                                 PARAGON
                                                            cent              sto p s    TU                                                ESS
                                                                            t o T im e
                                                                                       s    NN
                                                                                               EL                                EASY ACC a nd
                                                                                                                                          IS l
                                                                              Square                                    LIRR
                                                                                                                                to Lo n g
                                                                                         FERRY                                          EXPRESSWAY
 CONVENIENT ACCESS                                                                                   LIRR

 • Hunters Point Ave. stations                                                                               G
   of the Long Island Rail Road &
   7 Train are located on-site                             CCESS
                                              D IR E C T A
                                                          S t at io n
 • 2 minute walk to G Train gives            to P e n n
   a straight shot to Brooklyn

 • Immediate access to
   Queens Midtown Tunnel &                   MANHATTAN
   Long Island Expressway

                                                                                                                  BROOKLYN
 www.ThePointLIC.com
Renovated Loft R&D/Lab Space with 360º Views - LIFE SCIENCES 2100 49TH Avenue, Long Island City, NY - The Point LIC
Modern & Inviting Lobby
Entrance | $35 Million
In Capital Improvements
Including New Elevators,
Updated Mechanicals,
and Façade Restoration
| High Visibility

www.ThePointLIC.com
Renovated Loft R&D/Lab Space with 360º Views - LIFE SCIENCES 2100 49TH Avenue, Long Island City, NY - The Point LIC
Soaring Ceilings Heights of 13 ft - 17 ft | 18,300 RSF Open Floor Plans | Lab Ready Shell Ready to Customize

                                                                                                                   *Acutal space

*Acutal space

     www.ThePointLIC.com
Renovated Loft R&D/Lab Space with 360º Views - LIFE SCIENCES 2100 49TH Avenue, Long Island City, NY - The Point LIC
Outdoor Retail and
Dining | Private Rooftop
Tenant Amenity Space
| Panoramic Views
of Manhattan | Spacious
Gathering Areas
Renovated Loft R&D/Lab Space with 360º Views - LIFE SCIENCES 2100 49TH Avenue, Long Island City, NY - The Point LIC
STACKING PLAN
  Rooftop Amenity Space Overlooking Manhattan | First Floor and Garden Level Retail

                                                                                                       CEILING
                                                                                 FLOOR            AREA HEIGHTS

                                                                                       7.    13,968 RSF     13’-0”

                                                                                       6.    18,300 RSF     13’-0”

                                                                                       5.    18,300 RSF     13’-0”
                                                                                       4.    18,300 RSF     13’-0”

                                                                                       3.    18,300 RSF     13’-0”

                                                                                      * 2.   18,300 RSF     14’-0”

                                                                           Ground Floor      11,711 RSF *   17’-0”

                                                                           Garden Level      11,908 RSF *   12’-6”

      * Pre-built office space

 www.ThePointLIC.com
Renovated Loft R&D/Lab Space with 360º Views - LIFE SCIENCES 2100 49TH Avenue, Long Island City, NY - The Point LIC
Large Open Customizable Floor Plans | Column Spacing 20’ by 28’

                                                                                                                                                                                                        BIOLOGY LAB

                      F L O O R
                                                                                                                                                                                                       BIOLOGY LAB

  TYPICAL     F U L L                                                                                                 HOOD
                                                                                                                                           HOOD

                                                                                                                                                      N2

                                                                                                                                             LAB UTILITY
                                                                                                                                                               N2

                                                                                                                                                                                                                             CHEM. STOR.

                  I T
                                                                                                  PROCESS DVLP. LAB

  LA B T E S T  F                                                             LOUNGE

                                                                                       STOR.
                                                                                                                      HOOD
                                                                                                                                           FREEZER RM.
                                                                                                                                                                                              SERVICE
                                                                                                                                                                                               ELEV
                                                                                                                                                                                                              STAIR B

                                                                                                                                                                                                                                 WOMEN'S

                                                                                               CELL CULTURE
                                                                                                                                                                    MECHANICAL                 MEN'S
                                                                                                                      IMAGING

                                                       CONF.   4000 LBS   RECEPTION

                                                                                                 LARGE CONFERENCE                   I.T.                       CONF.                  CONF.
                                             CONF.

                                                     STORAGE   2500 LBS
                                                                                                                                                                                                                     KITCHEN

                             OPEN OFFICE                        STAIR A
                                                                 1A04

                                                               N.I.C.                                                        OPEN OFFICE

                                                                                                                                                  0        5                     15                25                   35                 45 FT

         THE POINT LIC    UNITED NEUROSCIENCE         2 DEC 2019

         PARAGON                             TEST FIT

www.ThePointLIC.com
Renovated Loft R&D/Lab Space with 360º Views - LIFE SCIENCES 2100 49TH Avenue, Long Island City, NY - The Point LIC
Large Open Customizable Floor Plans | Column Spacing 20’ by 28’
                                                                                                                                                                                                                 DN

                                                                                                                                                                             PROCESS DVLP. LAB

                                                                                                                                                                                       HOOD               HOOD

                                                                                                                                                      HOOD

                                                                                                                                                                                    STORAGE         LAB UTILITY

                S E
                                                                                                                                                 FREEZER RM.

  P E N T H O U                                                                                                                                               JC
                                                                                                                                                             07E06
                                                                                                                                                                         ELEC
                                                                                                                                                                         7E07B          EXST.
                                                                                                                                                                                       SERVICE
                                                                                                                                                                                        ELEV
                                                                                                                                                                                       MACHINE
                                                                                                                                                                                         RM
                                                                                                                                                                                                    UP
                                                                                                                                                                                                                 CHEM.

                                                                                                                                                                                                                  STAIR B
                                                                                                                                                                                                                   6D08

                                                                                                          BIOLOGY LAB                                                    ELEC           7E07A               DN

  TEST FIT
                                                                                                                         N2                                              7D07D

                                                                                                                         N2
                                                                                                                                                        MEN'S
                                                                                                                                                        7D06
                                                                                                                                                                                                     UP

                                                                                                                                                                                 MECHANICAL
                                                                                                                              IMAGING                 WOMEN'S                       7C07
                                                 CONF.                                                    CELL CULTURE                                 7C06
                                                                                        STORAGE

                                                                                                                                                                                                     STAIR B -
                                                                                                                                                                                                    TRANSFER
                                                                                          IT
                                                                                                                                                                                                       7D08

                                                              4000 LBS

                                                                            RECEPTION             CONF.                                                                     CONF.
                                                  STORAGE

                                                              2500 LBS

                                                                                                                                                                                                 LOUNGE
                                                                                                                                        OPEN OFFICE

                                                                STAIR A -
                                                            UP TRANSFER
                                                                  7B04
                                                                               LARGE CONFERENCE
                                         CONF.                      DN

                                                    UP

                                                                                  DN

                                                                                                                                                             0       5            15                25                      35   45 FT

         THE POINT LIC    TEST FIT
                                                                            27 FEB 2020

         PARAGON
www.ThePointLIC.com
BUILD I N G F A C T S
  BUILDING ADDRESS                      2100 49th Avenue, Long Island City, NY     SITE PLAN

  TIMING                                                               Q1 2021

  CONSTRUCTION TYPE                                     Steel Frame / Masonry

  FLOOR LOAD CAPACITY                                            50 - 150 lbs/sf                     E
                                                                                                  AV
                                                                                            SON
                                                                                         CK
  COLUMN SPACING                                              North-South: 20’         JA
                                                                East-West: 28’

  BUILDING ENTRANCE                                                49th Avenue

  CEILING HEIGHTS                                               13’-6” to 17’-0”
                                                                                                                49 TH A
  WINDOWS - NEW                                                9’ high windows                                         VE

                                                                                                                                                          7 TRAIN STATION
  TELECOM - NEW                                      Flexible to tenants needs

  HVAC - NEW                      New boiler plant, perimeter heating system,                                                  PARAGON
                                                                                                                                                 LIRR STATION
                                                   cooling tower and DX units                       50 TH A
                                                                                                           VE

  ELEVATORS - NEW                                      One 2,500 lb passenger
                                                       One 4,000 lb passenger
                                                                                                 NNEL
                                                                                           WN TU
                                                                                      MIDTO NHATTAN
  LIFE SAFETY - NEW                                           Class E system           TO MA                                       LONG
                                                                                                                                          ISLA
                                                                                                                                              ND E
                                                         Emergency generator                                                                       XPRE
                                                                                                                                                        SSWA
                                                                                                                                                            Y

  CONNECTIVITY                      Diverse points of entry for internet service

                                       Abundant conduit capacity to the street
                                                                                                                                            51 ST A

                                                                                                                      T
                                                                                                                                                   VE

                                                                                                                    21 ST S
                             Equipment located in protected, designated space

                                      Telecom risers extending to the top floor                                               BLANCHARD

                    Boilerplate telecom agreement to streamline Right of Entry

                                                                                                                                                                       ST
                                                                                                                                                                      23 RD
  www.ThePointLIC.com
INCENTIVES
PER YEAR ON A 10 YEAR DEAL
Relocation Employee Assistance Program
(REAP)
• Up to $3,000 per employee per year for up to 12 years
     • At 150 SF density this could equal $20/SF
• CRT (3.9%) paid in Manhattan

Energy Cost Savings Program (ECSP)
• ECSP can reduce regulated energy bills up to 45%
  and regulated natural gas bills up to 35% for eligible
  businesses

ADDITIONAL OPPORTUNITIES/BENEFITS
• Located in an Opportunity Zone
• LifeSci NYC - www.edc.nyc/program/lifesci-nyc
• LEED Certified Building

The information provided herein is not the product or responsibility of the ownership party. No warranty or representation, express or
implied is made as to the accuracy or effectiveness of the information provided, and same is submitted to errors, omissions, change of
conditions and withdrawal without notice.

www.ThePointLIC.com
P A R A G O N
                                      ES
             LIFE SCIENC
THE NEW PLACE TO LIVE, WORK AND PLAY.

RICH WITH CHARACTER AND CULTURE
• In the past decade, LIC Jobs and Residents
  increased >2x faster then NYC

• In the past decade LIC jobs increased over 44% to
  127,000 employees

• 35,000 new residents in the last decade,

• Over 21,000 residential units built since 2006

• 6 million+ square feet of commercial space added since 2010, with
  6.5 million more announced

24/7 MIXED-USE NEIGHBORHOOD
• With its increased popularity, central location, convenient access,
  LIC has become a sought after destination

• Dozens of new boutiques, restaurants, and bars have opened
  in the past year, catering to a new wave of young professionals,
  artists, and families moving into the area

PARKS & GREEN SPACE
• LIC features numerous public green spaces and parks
  for residents and workers alike

• Hunter’s Point South Park and Gantry Plaza State Park
  located directly on the bank of the East River

www.ThePointLIC.com
PA R A G O N
                                                                               ES
                                                 LIFE SCIENC

www.ThePointLIC.com
LEASING INFORMATION:

Clark Finney              Mitchell L. Konsker           Michael Berg                  John M. Cahill II
Managing Director         Vice Chairman                 Executive Managing Director   Senior Vice President, Life Science
T: 212-812-6505           T: 212-812-5766               T: 212-812-5923               T: 212-812-6030
clark.finney@am.jll.com   mitchell.konsker@am.jll.com   michael.berg@am.jll.com       john.cahill@am.jll.com
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