The following is a selection of media placements for Great Ink clients and a summary of each.
Simone Development Companies
September 15, 2020
Simone Development Companies secured two long-term leases totaling 5,592 square feet of office and medical space at 2510 Westchester Avenue, Simone’s three-story medical and office building in the Bronx, bringing the property to 100% long-term occupancy. Leases include Unlimited Care Nursing Services, a home care, facility care and institutional staffing provider, and the United Probation Officers Association.
The RADCO Companies
September 11, 2020
The RADCO Companies has sold seven multifamily communities across Georgia and North Carolina with 1,941 rental homes in four separate deals, which all closed in one day, totaling more than $315 million. With these closings, the opportunistic real estate investor has acquired, improved, and sold 59 multifamily assets during the current real estate cycle totaling nearly $1.8 billion.
Avison Young
September 11, 2020
Lamar Advertising Co., one of the country’s largest outdoor advertising firms, has signed a lease for a 9,000-square-foot full-building at 53-17 Vernon Blvd. in Long Island City, Queens, a warehouse, storage and office facility. It also signed a 2,440-square-foot lease renewal on the 8th floor of the Chanin Building at 122 E. 42nd St. in Midtown for a sales office. Arthur Mirante II and Jean-Philippe “JP” Krahmer of Avison Young represented Lamar in the deals.
Thornton Tomasetti
September 9, 2020
Technology companies ShapeDiver and Swarm, leaders in the development of cloud-based parametric computation and collaboration, announced plans to merge. Together, ShapeDiver and Swarm will offer the largest and most powerful cloud-native, Software as a Service (SaaS) platform for customizing workflows and accelerating the design and manufacturing of diverse products and buildings in the world.
Stuart Saft
September 9, 2020
By Stuart Saft
Stuart Saft of Holland & Knight authors thought leadership for MHN about how the government is neither expert enough, or capable of, regulating housing. In many cases government regulations are hurting the housing market. “Uncertainty is once again opening the door for turning rental units into condominiums and cooperatives,” explains Saft.
RAL Development Services
September 8, 2020
RAL Development Services, developers of the Zero Irving building under construction at 124 E. 14th St. held a topping-out ceremony for the 21-story, 240,000-SF office building. The building will house the Union Square Training Center, which is expected to create 550 permanent jobs for the area. The building is called Zero Irving because of its proximity to Irving Place. The first seven floors of the building will house the technology training center and incubator, co-working spaces, event space, and a street-level food hall. The next 14 floors will house 176,000 SF of Class A office space. The building is supposed to open later this year.
Turnbridge Equities
September 8, 2020
JPMorgan Chase Bank provided $105M of financing against the Bronx Logistics Center, a 1.2 million-SF industrial property being developed in the Bronx by Turnbridge Equities. In addition, Turnbridge has brought in Dune Rel Estate Partners as a joint venture equity partner on the property. A JLL team of Andrew Scandalios, Tyler Peck, and Thomas Pryor represented Turnbridge in the transaction and JLL’s Christopher Peck, Peter Rotchford and Kristin Knapp arranged the debt financing.
Thornton Tomasetti
September 2020
By Robert L. Reid
Amy Macdonald, principal and resilience practice leader in Thornton Tomasetti’s New York City office, talks with Civil Engineer about ways the firm helps clients prepare and safeguard their buildings for hurricane season, which includes flooding and high winds.
RFR Realty
September 1, 2020
By Eddie Small
RFR Realty has closed on the $350 million purchase of 522 Fifth Ave., the 23-story office tower in Midtown Manhattan. RFR purchased the 575,000-SF property from Morgan Stanley in March.