The following is a selection of media placements for Great Ink clients and a summary of each.
Thornton Tomasetti
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.
RFR Realty
May 6, 2019
By Betsy Kim
Several leases have been signed at RFR Realty’s 17 State Street in Lower Manhattan. Alphadyne Asset Management expanded and extended its lease at the building and now occupies 43,872-SF across three full floors; Arles Management leased a 4,318-square-foot prebuilt space on a tower floor; and RC BME Holdco, a privately held real estate owner, inked a 5,042-square-foot, long-term lease also for tower floor offices. RFR’s AJ Camhi and Ryan Silverman, along with Jones Lang LaSalle’s Mitchell Konsker, John Wheeler and Clayton Kline represented the building ownership.
Marx Realty
May 3, 2019
By Sebastian Morris
YIMBY features the first completed images of Marx Realty’s 10 Grand Central, an office tower in Midtown Manhattan that recently underwent a $45 million redesign and repositioning. Ten modernized office suites range in size from 2,500 to 8,000-SF and there is a 22,000-SF full-floor unit. An interior lounge, outdoor terraces and expanded conference areas provide a hotel-like feel. Studio Architecture designed a four-story sculptural form that adorns the entrance with glossy black fins and black masonry. JLL is the exclusive leasing agent for the office space.
EW Howell Construction Group
May 2019
By Kevin Sun
EW Howell Construction Group President Howard Rowland talks with Kevin Sun about trends and challenges in today’s construction market. As costs continue to rise, qualified staffers become harder to find and legal issues abound, the city’s top general contractors find ways to cope.
RFR Realty
May 2, 2019
By Ryan Deffenbaugh
Tommy Hilfiger may have closed its Fifth Avenue flagship store, but has expanded its Madison Avenue corporate HQ by 14,000-SF at RFR Realty’s 285 Madison Avenue. This lease brings the retailer’s space at the building to 220,000-SF. Matthew Astrachan, Mitchell Konsker and Steven Bauer of JLL represented Hilfiger’s parent company, PVH Corp., in the lease, the Post reported. The asking rent was $78 per square foot.
Madison Realty Capital
May 1, 2019
By David Jeans
Madison Realty Capital is moving its headquarters to Tishman Speyer’s 520 Madison Avenue, taking 20,000-SF on the 35th floor. A Cushman Wakefield team led by Adam Doneger, Anthony LoPresti, and Ethan Silverstein represented Madison in the deal. Madison Realty Capital has 70 employees and is currently at 825 Third Avenue, where it was for a decade.
Avison Young
May 1, 2019
A 12-building portfolio of 261 multi-family-units and two retail units is being exclusively marketed by Avison Young’s Tri-State Investment Sales Group on NYC’s Upper East Side. The asking price for the ownership shares in the portfolio is $100 million. The AY team marketing the building for owner Capmar Realty includes James Nelson, David Shalom, Eric Karmitz, Carter Lovejoy, Hannah Bryon-Staples and Bradley Rothschild.
RFR Realty
April 30, 2019
By Lois Weiss
Apparel and home goods company Tommy Hilfiger expanded its square-footage at RFR Realty’s 285 Madison Avenue, taking the remaining 14,054-SF on the 10th floor. Tommy Hilfiger’s occupancy of the building covers the second, third and 6-12th floors. A brokerage team at JLL and AJ Camhi of RFR represented the landlord in the deal; JLL also represented Tommy Hilfiger. Quantitative Brokers also signed a 7,070-SF lease on the 17th floor at 285 Madison, a property RFR acquired in 2012 and renovated in a $65 million capital improvement project.
Jonathan Rose Companies
April 30, 2019
By Afdhel Aziz
Jonathan F.P. Rose’s mission is to develop communities that enhance opportunities for all. He has positively impacted everything from affordable/mixed-income housing, cultural, health and educational infrastructure to green spaces, jobs, and healthy food. Rose, president and founder of Jonathan Rose Companies and author of The Well-Tempered City speaks with Afdhel Aziz / Forbes about his ideas on how cities can be redesigned to tackle social and environmental problems in order to help humanity thrive.