Tishman Speyer’s Jacx office complex in New York has lost 44% of value, study finds

Loan for $425 million backed by Long Island City property gets extension

The Jacx, a two-tower office complex in Long Island City, has lost 44% of its value since 2021, according to a report. (CoStar)

CoStar News

May 18, 2026 | 8:17 P.M.

A Tishman Speyer office complex in New York has lost 44% of its value since 2021, according to a Morningstar Credit Analytics report.

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