The Orchard, Queens’ Tallest Tower with 800+ Residences, Surpasses 90% Leased in Only Nine Months as Tokimo, Intuit and Mollytea Join Development’s Retail Offerings

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  "detected_at": "2026-10-30T17:10:00+00:00",
  "company": {
    "name": "Intuit",
    "domain": "intuit.com"
  },
  "data": {
    "url": "https://www.globenewswire.com/news-release/2026/10/30/3392536/0/en/the-orchard-queens-tallest-tower-with-800-residences-surpasses-90-leased-in-only-nine-months-as-tokimo-intuit-and-mollytea-join-development-s-retail-offerings.html",
    "title": "The Orchard, Queens’ Tallest Tower with 800+ Residences, Surpasses 90% Leased in Only Nine Months as Tokimo, Intuit and Mollytea Join Development’s Retail Offerings",
    "excerpt": "Residential milestone underscores strong demand for the 70-story Long Island City tower, with more than 750 units leased since January amid New York City’s competitive rental market Three inaugural tenants lease more than 7,468 square feet, bringing a robust mix of beauty, food and beverage, financial services and everyday conveniences to the neighborhood A Media Snippet accompanying this announcement is available by clicking on this link. NEW YORK, Oct. 30, 2026 (GLOBE NEWSWIRE) -- BLDG Management Co., Inc. , a full-service, vertically-integrated real estate investment, management and development firm, today announced that The Orchard , Queens’ tallest tower, has surpassed 90% leased across its 824 residences just nine months after launching residential leasing. The milestone comes as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo , Japanese tea and beverage brand Mollytea and financial technology platform Intuit . Together, the three tenants have leased more than 7,468 square feet, with limited retail space remaining. All of the tenants will make their Long Island City debut and are expected to open in 2027, further expanding The Orchard’s resident experience and its connection to the surrounding community. “The Orchard was designed to be more than a place to live, with residences, amenities and services that...",
    "summary": "Intuit leased 3,546 square feet of space at The Orchard in Long Island City, Queens, scheduled to open in December 2026.",
    "location": "Long Island City, New York, United States",
    "planning": true,
    "image_url": "https://ml.globenewswire.com/Resource/Download/657e4d92-4b8e-4a1e-ad17-29d2668dc0e3",
    "confidence": 0.95,
    "published_at": "2026-10-30T17:10:00Z",
    "location_data": [
      {
        "city": "Long Island City",
        "state": "New York",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "effective_date": "2026-12-01",
    "article_sentence": "Intuit, the global financial technology platform behind brands including TurboTax, QuickBooks, Credit Karma and Mailchimp, leased 3,546 square feet and is expected to open in December 2026."
  }
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