The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Marx Realty
Date
October 7, 2019
Office building rooftops, terraces are multiplying with a vengeance
By Steve Cuozzo
summary
The New York Post delves into the latest, most sought-after tenant amenity in NYC’s office buildings — outdoor terraces and rooftops. Nearly every new office project has an outdoor space, and owners of existing buildings are figuring out ways to include them. According to CBRE, floors with terraces now command a 14% premium over non-terrace floors — with average taking rents of $105.35 a square foot clobbering taking rents of $92.34. Marx Realty’s 10 Grand Central is an example of an existing building that was renovated to include several terraces — a common one on the 7th floor and private ones on tenant floors. Marx activated several setback areas in order to create these spaces, and even added two penthouse terraces.
Date
October 7, 2019
ROI-NJ Influencers: Health Care 2019 — A to L
summary
Michael Azarian, director of the healthcare studio at Kimmerle Newman Architects, is named one of ROI’s 2019 healthcare influencers. Azarian has managed projects in all phases of planning, designing, and construction. He has worked on numerous health care facilities, with projects ranging from small-scale renovations to master plans to complex, multiphased new construction projects, including work for RWJBarnabas Health, Hackensack Meridian, CareOne, Trinitas and Rutgers University.
Client
Rubenstein Partners
Date
September 30, 2019
Twenty years later, Lindbergh Center may reach its potential
By Douglas Sams
summary
Rubenstein Partners, in a joint venture with Monarch Alternative Capital LP, purchased the Lindbergh Center, a 1-million-square-foot, mixed-use property in Atlanta for $187 million. The deal was featured in the Atlanta Business Chronicle.
Client
Avison Young
Date
September 2019
History Rising
By Joshua Burd
summary
The September 2019 issue of Real Estate New Jersey follows the renovation of the Nelson Glass Building in Downtown Princeton, NJ as it is transformed into a boutique apartment building. Avison Young’s George Gnad secured a $4 million construction loan for the project. Robbie Nelson, daughter of the building’s original builder/owner, will add three floors and six residential units on the top of the existing local landmark.
Client
Waterton
Date
September 25, 2019
Waterton Hires Stella Pappas as VP of investor relations
summary
Stella Pappas has joined Waterton as VP of investor relations in Chicago. With more than 15 years of real estate investment, acquisition and asset management experience, she will help manage the firm’s investor and consultant relations and develop new multifamily, seniors and hotel client relationships. Pappas was formerly a director, capital markets at Holliday Fenoglio Fowler, L.P. where she was responsible for originating, structuring and closing equity and debt placement transactions nationwide.
Client
Kalmon Dolgin Affiliates
Date
September 25, 2019
Brewery property sells for $22M
By David Winzelberg
summary
Client
EW Howell Construction Group
Date
September 25, 2019
Camps and Good Causes: On the Scene
summary
ENR New York’s “On the Scene” highlights Benefit for a Friend’s donation of $5,000 to the Mentors Giving Voices Across North Babylon program at the organization’s year-end breakfast June 20. The program is part of the North Babylon School District in North Babylon, N.Y. Benefit for a Friend, founded by several EW Howell employees in 2004, helps local families in need.
Client
Ted Moudis Associates
Date
September 24, 2019
Open Office Design of Today Focuses on Choice and Collaboration
by Valerie Dennis Craven
summary
BUILDINGS talks about the merits and flaws of open office design within the workplace. Jamie Feuerborn, director of workplace strategy at Ted Moudis Associates notes that the open offices that get a bad rap today were designed over a decade ago. Now, the focus is less on densification and more on collaboration. Feuerborn has seen more focus in the past five years on finding a better balance between effective and efficient work environments. Ted Moudis Associates’ 2019 Workplace Report is referenced.
Client
Marx Realty
Date
September 24, 2019
Landlord fetches Park Avenue rents—on Third Avenue
By Daniel Geiger
summary
An article in Crain’s New York Business focuses on Marx Realty’s 10 Grand Central — a building that is garnering Park Avenue rents on Third Avenue. The building at 708 Third Avenue was rebranded and underwent a multimillion-dollar renovation to include hotel-like amenities like a doorman-staffed entrance, a concierge, 7th-floor lounge with an outdoor terrace, and a signature scent to fill the common areas along with a soundtrack. Rental rates that in 2018 were in the $40s PSF have now doubled at the building, and in some instances, even tripled for some of the 430,000-SF building’s best spaces.