Jasper Mixed Use

In Long Island City, developers secure Dumbo Market as anchor tenant for the Jasper mixed-use project. The grocery chain leases 13,500 square feet for 15 years, relocating from across the street. Construction began in 2022, funded by a $220 million loan, with completion expected early next year. The project, spanning a full block, offers 499 rental units with 30% allocated for income-restricted housing. Amenities include outdoor spaces, a pool, fitness facilities, and more.