Boston Properties And Rudin Development, Developers Of Dock 72, Sponsor Smart Cities NYC ’17 Conference

5/4/17

Boston Properties, Inc. (NYSE: BXP) and Rudin Development, the co-developers of Dock 72 along with WeWork, the 675,000 square-foot creative office development at the Brooklyn Navy Yard, is proud to sponsor Smart Cities NYC ’17, a four-day conference and expo that curates the intersection of technology and urban life.

The event features three engagement platforms, world-renowned speakers, and a multitude of public events at the Brooklyn Navy Yard on Wednesday, May 3rd through Saturday, May 6th. Representatives from Dock 72 will be showcasing the building and its unique features at a booth at the expo and available for meetings by appointment at the Yard’s Duggal Greenhouse, located at Building 268.

With Dock 72, the joint venture is undertaking one of the largest New York City commercial buildings to be constructed outside of Manhattan in decades.WeWork will anchor the new building with a 222,000 square-foot lease in addition to acting as co-developer and curator of the amenity spaces, which include a health and wellness center, specialty food and beverage offerings and a rooftop conference center. The joint venture broke ground in May 2016 and the project will be ready for tenant fit-out in late 2017 and will be completed in mid2018.

Dock 72 is raising the standard for modern Class-A office development and exemplifies the Smart Cities theme of intersecting technology and urban life.The building features:

-Target LEED Certification

-30% active vegetated open space

-18,000 square feet of outdoor work space

-A design that withstands the new 100-year flood standards

-Nantum, a building-wide operating system

-Lifestyle amenities for mind and body

-Recycled content and regional materials

Dock 72 is centrally located within the Navy Yard on a 60,000 square-foot strip of land jutting out into Wallabout Bay in the East River between two active docks, offering panoramic views of the City and the activity of the Navy Yard. Designed by S9 Architecture, with the lobby, common areas and amenities designed by Fogarty Finger Architecture, the building celebrates the surrounding maritime and industrial history of the Navy Yard and is designed to drive innovation and collaboration between tenants. Upon completion, the building will feature floor plates ranging from 40,000 to 60,000 square feet, offering contiguous and easily devisable blocks of space for a variety of tenant sizes.

The event comes on the heels of a blockbuster year for commercial activity at the Navy Yard. Earlier this year, several newcomers signed leases at Building 77, a one million-square-foot property that is currently undergoing a $185 million renovation by the Brooklyn Navy Yard Development Corporation. They include venerated New York City-based food institution Russ & Daughters, which signed a 14,000 square-foot lease to anchor the new public food hall and manufacturing space at the property, and tech incubator and seed fund 1776, which is taking 30,000 square feet on the top floor. In addition, Netherlands-based B. Amsterdam, Europe’s largest business incubator, signed a long-term, 100,000 square-foot lease at Building 127, and Brooklyn-based chocolate maker Mast Brothers Chocolate leased 65,000 square feet at the Yard’s Green Manufacturing Center, a LEED-certified manufacturing facility and former ship building center which also counts New Lab, a modern manufacturing and innovative co-working space, as an anchor tenant. Wegmans, a family-owned, Rochester-based grocery chain, is also set to open at the nearby Admiral's Row.

For more information, please visit the event website at: http://smartcitiesnyc.com/

WHAT:Smart Cities NYC ‘17

WHEN: Wednesday, May 3rd through Saturday, May 6th

WHERE:Brooklyn Navy Yard Duggal Greenhouse, Building 268. Registration will be at 299 Sands Street, Brooklyn, NY, 11201.

About Rudin Development

Rudin Development is the development arm of the Rudin Family, which owns and manages one of the largest private property portfolios in New York City.Among its real estate holdings are 16 office buildings containing approximately 10 million square feet of space and 18 apartment buildings comprising over four million square feet of residences.

About Boston Properties

Boston Properties is a fully integrated real estate investment trust that develops, redevelops, acquires, manages, operates and owns a diverse portfolio of primarily Class A office space totaling 47.7 million square feet and consisting of 164 office properties (including six properties under construction), five retail properties, four residential properties (including two properties under construction) and one hotel. The Company is one of the largest owners and developers of Class A office properties in the United States, concentrated in five markets—Boston, Los Angeles, New York, San Francisco and Washington, DC.

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.