The following is a selection of media placements for Great Ink clients and a summary of each.
May 13, 2019
By Joshua Chaffin
Aby Rosen of RFR talks about the firm’s purchase of the Chrysler Building, a New York landmark that he will bring back to its former glory.
Building and Land Technology
May 11, 2019
By Kevin Zimmerman
Building and Land Technology is bringing “live work play” to a new level with the opening of the 30,000-SF Junction at North Seven, a pop-up party space that will feature an indoor beer garden and food hall. The warehouse space is near the Merritt 7 train station, I-95 and the Merritt Parkway and BLT hopes to tie-in the Merrit 7 office tenants to create the ultimate in live work play.
View Dynamic Glass
May 9, 2019
By Taylor Williams
Elena Alschuler, director of real estate strategy at View, Inc., weighs in on New York City’s new Climate Mobilization Act, which requires all buildings more than 25,000-SF to meet strict carbon emissions standards or face a fine. Many landlords will have to re-facade their buildings and make other expensive upgrades. An upside to this, however, is that this allows a new range of technologies to provide solutions. The facade’s efficiency determines how the rest of the building will perform, so it’s important that buildings have an efficient facade.
May 8, 2019
Savitt Partners announced 23,000-SF in leasing activity at 530 Seventh Avenue, with transactions negotiated by Brian Neugeboren and Nicole Goetz on behalf of the ownership. New companies taking space at the 490,000-SF property in the Garment District include Geophy Inc., E.M. Rose Group, Massive, LLC, Trybus International Corporation, Backtrace, Ascend Learning and EZPOS, Inc.
May 8, 2019
Terri Gumula joined Avison Young’s Manhattan office as a director focused on investment sales in the NY area. Gumula was formerly a vice president at Citigroup, where she was dealing with special situations and workouts.
May 8, 2019
Avison Young’s Tri-State Investment Sales Group has been tapped to manage two exclusive sales assignments. In the Bronx, AY’s James Nelson, Principal, Head of Tri-State Investment Sales along with Director Daniel Tropp, and Associate Directors Fritz Richter, Allan Fries, Toku Saito and Willis Fries will market the 15,259 s/f lot at 751 Concourse Village West. The site offers up to 99,184 buildable square feet in an Opportunity Zone for an asking price of $8.995m. And in Ridgewood Queens, the The 6,624 s/f residential building at 1665 Cornelia is being marketed on behalf of ownership by an Avison Young team comprised of James Nelson, Principal and Head of Tri-State Investment Sales, Director Brandon Polakoff, as well as Associate Director Fritz Richter and Associates Bradley Rothschild, Joseph Rosenfeld and Allan Fries. The asking price is $4.9M.
May 7, 2019
By Meaghan McGoldrick
Barone Management closed on the sale of a 140,000-SF parcel of land in Dyker Heights, Brooklyn to the School Construction Authority, which has plans for a 24,000-SF, 600-seat school. In late 2017, Barone Management purchased the Angel Guardian Home at 6301 12th Ave. from Sisters of Mercy, and, while preserving the original building, will build a 127,000-SF, 125-bed assisted living facility, three-story, 130-unit residential building with 15% of apartments below market-rate, and a senior center. SCA’s school is part of the larger plan for the site.
Kimmerle Group, EW Howell
May 7, 2019
By Eydie Cubarrubia
In Engineering News-Record‘s special New York issue, Kimmerle Group Principal William Kimmerle talks about the latest trends in North Jersey. In City Grills, he notes that access to private outdoor office space and the refitting of outdated buildings into office, senior living, and multifamily use are two major happenings in the industry today. And, EW Howell Construction Group is the Firm in Focus, where the firm’s current project, Benchmark Senior Living’s Orchard Estate of Woodbury.
May 6, 2019
By Mary Diduch
NYC has a new goal: adopt lower green-house gas emissions standards on properties larger than 25,000-SF… or pay a hefty fine. Real estate industry experts weigh in with their thoughts and discuss the feasibility of meeting these standards by the 2030 deadline. Walter Hartnett and Casey Cullen-Woods of Thornton Tomasetti agree that while it’s a great change to work toward, many buildings will require a full reclad or overclad to meet requirements, which could get expensive for owners.