Newmark Arranges New Office Headquarters for Pursuit Transformation Company at The JACX in Long Island City

October 22, 2026 9:00 AM

Newmark announces the Company has arranged an approximately 41,000-square-foot lease for Pursuit Transformation Company Inc. ("Pursuit") at The JACX, a new 700,000-square-foot Class A office development in Long Island City, New York.

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."

The JACX is Long Island City's only ground-up, new-development creative office tower and features award-winning design, floor-to-ceiling glass and flexible floor plates. The property's amenity offerings include the 1.5-acre Quad private outdoor park, JACX&CO Food Hall with nine eateries and a full-service bar, fitness and wellness offerings and Tishman Speyer's Studio flexible workspace platform.

Situated in the heart of Long Island City's commercial, residential and cultural community, The JACX is surrounded by a range of dining, retail, fitness and hospitality destinations. The property is within one block of seven subway lines, providing convenient connectivity to Manhattan, Brooklyn and throughout New York City.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leading commercial real estate advisor and service provider to large institutional investors and other owners, global corporations and other occupiers, and lenders. Built with purpose and driven by excellence, Newmark's comprehensive platform is uniquely tailored to provide superior outcomes to clients. For the twelve months ended June 30, 2026, Newmark generated revenues of more than $3.6 billion. As of June 30, 2026, Newmark and its business partners together operated from over 195 offices with more than 10,000 professionals across four continents. Learn more at nmrk.com or follow @newmark.

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