Newswire Mann Market

Jasper Signs Three Retail Leases

Jasper (Photo by VUW)

The Domain Companies, LMXD, the Vorea Group and Bridge Investment Group have executed three new retail leases at Jasper, a mixed-use development in Long Island City, comprising 6,115 square feet of Jasper’s 33,340 square feet of retail space. Combined with the four other leases previously announced at the building, Jasper is 83% retail leased prior to completion of construction in Q1 2025.

The new tenants are Frankie’s Brooklyn Pizza (1,363 square feet), Tiger J Taekwondo (3,015 square feet) and Matsuzuki Sakura, a sushi and sashimi restaurant (1,738 square feet). The tenants are working to open in early 2025 to coincide with the completion of Jasper’s residential space at the $370 million project. All three retail leases at Jasper were brokered by Adam Joly and Rachel Cohen at Igloo, who represented ownership.

“With the addition of these three businesses to Jasper, we are seeing our vision for the building as a dynamic center that enhances our residents’ and neighbors’ lives, supports small businesses, and compliments the Long Island City character come to life,” said Matt Schwartz, co-CEO of The Domain Companies. “We are excited that the retail environment at Jasper is growing with businesses that will offer a slate of important resources and opportunities to the neighborhood.”

Frankie’s Brooklyn Pizza, a collaboration between New York Fine Foods pizza truck (a Long Island City mainstay on 47th Road and Fifth St.) and New York City catering giant Sage and Zest, will offer a wide variety of personal pizzas, square pies, slices, cafe favorites and a wine bar experience. The tenant did not use a broker.

Tiger J Taekwondo, a martial arts gym, will open its second Long Island City location at Jasper. Tailored especially for young people but beneficial to all ages, the martial arts gym goes beyond teaching high kicks and powerful strikes by integrating essential life skills such as discipline, focus, confidence and respect into every class. Tiger J Taekwondo is a Kukkiwon-certified dojang with expert instructors from Korea. The gym used Winnick as its broker.

At Matsuzuki Sakura, restaurateur Sam Zheng brings more than 22 years of experience to his latest concept, an upscale, family-style sushi and sashimi experience for the Hunters Point waterfront with a focus on fresh seafood and great service. The full menu at Matsuzuki Sakara will include hot dishes like yakitori as well as a range of sake. The tenant used Golden Goose Realty as its broker.

Frankie’s Brooklyn Pizza, Tiger J Taekwondo and Matsuzuki Sakura will join Dumbo Market, a grocery store; Bright Start, a Queens-based early childhood development center; Club Pilates, the world’s largest premium boutique Pilates brand; and Glowbar, a facial membership studio, on Jasper’s ground floor.

In addition to the ground floor retail space, Jasper will have 499 apartment rentals ranging from studios to three bedrooms, 150 of which will be set aside for those with a 130% area median income.