Royal Bank of Scotland sold its downtown Stamford office building for $163 million this week to Philadelphia real estate-investment firm Rubenstein Partners, a deal that marks the city’s largest property sale this year. Rubenstein’s acquisition, which netted the state about $2 million in conveyance taxes, will complement its co-ownership of the Shippan Landing complex in the city’s Shippan section. Commercial real estate firm JLL, RBS’ exclusive U.S. leasing and sales agent, brokered the sale.
The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Marx Realty
Date
June 10, 2019
Crain's Five Coolest Offices in New York
By: Gerald Schifman
summary
Crain’s New York Business reveals the Coolest Offices in New York. Marx Realty’s office at 10 Grand Central snagged a finalist spot in the “coolest new construction” category. The real estate management and development firm created a 1930s hotel–like feel, installing polished concrete floors, black steel–framed windows and brushed-brass fixtures. The office also has a 2,200-square-foot outdoor terrace.
Client
Ted Moudis Associates
Date
June 7, 2019
Fine-Tuning the Open Office
By Theresa Agovino
summary
Society of Human Resource Management’s HR Today talks abut the open office and ways companies are fine-tuning it to provide more spaces for heads down or collaborative work, work stations for flex activities, and procedures to control noise.
Client
Thornton Tomasetti
Date
June 6, 2019
2019 Rising Stars in Civil + Structural Engineering
summary
Civil + Structural Engineer released its list of 2019 Rising Stars. Among them are Associate Principal Ali Ashrafi and Joelle Nelson, Practice Leader, New York Downtown Construction Engineering, both of Thornton Tomasetti’s New York office. Ashrafi has extensive experience in structural design, investigation and demolition, emergency response to structural failures, façade preservation of historic structures, renovation, and performance-based design for earthquake, fire and wind. Nelson established and leads the firm’s crane and erection engineering practice in New York City, opening doors for women in a typically male-dominated sector. She brings her experience from forensic investigations of crane collapses and is working to get in front of the problem and improve site safety.
Client
Rubenstein Partners
Date
June 5, 2019
Stamford RBS building sells for nine figures
By Paul Schott
summary
Client
Waterman Interests
Date
June 5, 2019
USAA Real Estate JV Sells NYC Towers for $138M
By Keith Loria
summary
Alduwaliya has acquired a two-building office portfolio in Manhattan’s Midtown West neighborhood in New York City, from a joint venture between Waterman Interests LLC and USAA Real Estate for $138 million. The two buildings in the portfolio consist of 142 W. 36th St. and 234 W. 39th St. The joint venture originally acquired the assets four years ago and embarked on a major capital improvement program that transformed both properties. The renovations helped bring both buildings to nearly 100 percent occupancy.
Client
Jonathan Rose Companies
Date
June 5, 2019
Summer Days: 7 Real Estate Projects Opening This Summer
By Miriam Hall
summary
Bisnow New York reveals seven of the city’s major developments set to open this summer. Among them is The Pierrepont, a rental complex at 146 Pierrepont Street in Brooklyn Heights. Designed by Marvel Architects and developed in a partnership of Jonathan Rose Companies, Bedrock Real Estate Partners, JD Capital USA and Nuveen Real Estate, it will have two, 20-story towers with 90 units, 20% of which are affordable.
Client
Waterton
Date
June 4, 2019
The Citizen at Shirlington Village Reopens With New Amenities and Services
By Mary Salmonsen
summary
Waterton, a real estate investor and operator announced the grand re-opening of The Citizen at Shirlington Village in Arlington, Va. Waterton upgraded all of the 404-unit property’s existing amenities to meet the needs to modern renters, including a community room, a7,000-SF fitness center, outdoor pool, fire pits and five courtyard areas. There are also individual work pods. Living space upgrades include contemporary cabinets, stainless steel appliances, quartz countertops and upgraded plumbing and lighting fixtures.
Client
Shadow Ventures
Date
June 4, 2019
Automation and data collection drive proptech trends
By Andrea Zander
summary
New technology solutions are being used in design, construction, sales, and management. KP Reddy, founder of Shadow Ventures, spoke with Institutional Real Estate, Inc. about some of the trends in the real estate technology market.
Client
Hodges Ward Elliott
Date
June 3, 2019
Hodges Ward Elliott Appoints New Hotel Group President
By Betsy Kim
summary
Daniel Peek has joined Hodges Ward Elliott as the new president of the firm’s hotel group. Based in New York City, he will lead the HWE hotel group and work to build the firm’s overall hospitality brokerage platform, increasing transaction volume and developing new and existing client relationships. The hospitality industry veteran has completed more than $30 billion in hotel sale, debt and structured finance transactions over his career. He joins HWE from HFF, where he worked for 12 years as the senior managing director, head of hospitality practice.