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Dumbo Market signs lease at Jasper on Hunter’s Point waterfront

March 24, 2024
in Business
Reading Time: 3 mins read
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Dumbo Market signs lease at Jasper on Hunter’s Point waterfront
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Jasper, the big, mixed-use project rising on the Hunters Point waterfront, caught a big one for its retail portion.

Dumbo Market, a gourmet food emporium that’s currently operating as Urban Market in a building across the street, signed a lease for a 13,500 square-foot store on Jasper’s ground floor.

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To be run by the same team as Urban’s, which the Dumbo Market will replace, it will open in twice as much space as its predecessor’s in early 2025 when the $370 million project’s rental apartments open.


The new Dumbo Market will be on ground floor of mixed-use project Jasper. VUW

Jasper’s development team consists of Domain Companies, LMDX (an affiliate of L+M Development Partners), the Vorea Group and Bridge Investment Group.

The completed project aspires to a “holistic environment” with 499 apartments, of which 150 are reserved for those with a 130% area median income.

Tenants will have access to a pool, fitness equipment and classes and landscaped courtyards.

Dumbo Market has two other locations in Brooklyn and will soon add one in Hoboken.

Credit: Source link

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