The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Jonathan Rose Companies
Date
April 24, 2020
Jonathan Rose JV Buys Affordable Atlanta Community
By Adriana Marinescu
summary
A joint venture of Jonathan Rose Cos., Columbia Residential and SUMMECH Community Development Corp. has paid $25 million for City Views at Rosa Burney Park, an affordable community with 181 Section 8 and LIHTC units in Atlanta. City Views consists of a 10-story tower and 15 two-story buildings with a unit mix features one- to five-bedroom units averaging 762 square feet.
Client
Avison Young
Date
April 22, 2020
Avison Young: Q1 2020 vacancy rates continued to drop
By Linda Lindner
summary
Avison Young New Jersey releases its first-quarter report for 2020 which includes in-depth information on the current state of the market as well as insights on the future of the industry considering the ongoing COVID-19 pandemic. One of the report’s key takeaways refers to a continuous trend in the office and industrial sectors as vacancy rates have continued dropping as rents increased.
Client
Thornton Tomasetti
Date
April 20, 2020
Security fundamentals for temporary facilities
By Bill Edwards
summary
In the effort to ease the burden on overcrowded hospitals, public venues have been turned into alternate care facilities and military field hospitals have been set up across the U.S. As these temporary hospitals take shape, it’s important to ensure secure and safe operations for the medical professionals and patients. Associate Principal Bill Edwards of Thornton Tomasetti’s Security Design & Consulting group discusses the six steps needed to set the conditions for a smooth transition of these spaces into their new use.
Client
Marx Realty
Date
April 16, 2020
Marx Realty Picks Up DC’s Herald Building For $41M
By Keith Loria
summary
Marx Realty acquired The Herald Building, a 114,000-square-foot historic office building at 1307 New York Avenue NW in Washington, D.C., for $41 million. The building was constructed in 1923 and once served as home to the Washington Herald Examiner’s offices and printing presses, thanks to its 19-foot ceilings on the ground floor.The sellers were a joint venture of the American Association of Colleges for Teachers Education, the American Association of State Colleges and Universities, the Council for Advancement and Support of Education and the National Association of State Universities and Land Grant Colleges. Marx Realty plans to invest $41 million in the property, adding its signature hospitality-infused aesthetic into the building.
Client
Marx Realty
Date
April 14, 2020
Media Firm Uproxx Signs Lease at 161 Bowery
By Chava Gourarie
summary
Uproxx, the pop culture website, signed a three-year, 3,300-SF lease on the top floor of Marx Realty’s 161 Bowery in NYC. The firm is relocating from a subleased space within the building.
Client
Jonathan Rose Companies
Date
April 13, 2020
Jonathan Rose Cos. snags UWS affordable-housing tower for $94M Starrett
By Rich Bockmann
summary
Jonathan Rose Companies acquired a large affordable-housing apartment building on the Upper West Side for $94 million. The 217-unit Tower West building at 65 West 96th Street was purchased from the Starrett Corporation. Rose director of acquisitions Nathan Taft said the company plans to make a “substantial investment” to the building’s lobby and common areas and make energy-efficient improvements.
Client
Marx Realty
Date
April 13, 2020
Pop-culture outlet signs lease for full floor on Lower East Side
By Liz Young
summary
Entertainment and pop-culture news website Uproxx has signed a lease for a full floor of Marx Realty’s 161 Bowery. The business is moving to the targeted space from a subleased space within the same building. Other tenants in the two buildings include social media company Kik Interactive, advertising firm Space150 and educational company Brainly. Fitness studio Mark Fisher Fitness is on the first floor of 161 Bowery.
Client
Marx Realty
Date
April 9, 2020
Marx Realty Launches Marx Connect, In Place For Bumpy Market Ride
By Mariah Brown
summary
New York-based real estate investment management firm Marx Realty has launched Marx Connect, a mobile application it is rolling out to all of its buildings that allow tenants access to respective properties by scanning via Bluetooth. This new offering comes to prevent the touching of building hardware as landlords look for ways to curb the spread of the coronavirus to their properties.
Client
Stuart Saft of Holland & Knight
Date
April 8, 2020
Broken Trades Seen Leading to Court Battles
summary
Stuart Saft of Holland & Knight and Janice Mac Avoy, co-head of the real estate litigation practice at Fried Frank, speak with Real Estate Alert about lawsuits involving property deals falling through and disputes on nonrefundable cash deposits.