The following is a selection of media placements for Great Ink clients and a summary of each.
Savanna
August 19, 2019
By Steve Cuozzo
Savanna closes on its planned $180 million purchase of AEW Capital Management’s 360 Lexington Avenue. The buyer plans $20 million in capital improvements including a lobby and entrance renovation, prebuilt program and infrastructure upgrades. A JLL team of Mitch Konsker, Barbara Winter, Ben Bass and Kip Orban will lead marketing and leasing for the property, which is 82% leased.
Thornton Tomasetti
August 17, 2019
By Alexander Soule
Bill Edwards, vice president of protective design and security at Thornton Tomasetti is quoted in The Hour about companies and how they should budget for security, specifically addressing active shooter threats, and train employees how to recognize and communicate when a situation might be brewing. Many companies do not wish to contemplate the investment of time and money to address security, but it is always worth it.
Jonathan Rose Companies
August 16, 2019
Nathan Taft, director of acquisitions at Jonathan Rose Companies, appeared on Cheddar to discuss investment in affordable housing. About 19 billion Americans are spending 50%+ on housing costs, and investment in the preservation and/or development of new affordable housing can solve the crisis. Taft talks about ways to create a safe, stable base through healthier and environmentally conscious design and products, improving quality of life for residents and ultimately benefitting the community.
Savitt Partners
August 15, 2019
By Nicholas Rizzi
Elliot Zelinger and Corey Hight of Savitt Partners represented the landlord of 31 East 32nd Street in a 5,532-SF lease for Catchafire, a firm that matches skilled volunteers with nonprofit agencies. Catchafire is doubling its Midtown South headquarters; with this new lease, the tenant occupies 11,064-SF at the property and will move into its new offices o the entire fourth floor in Q1 2020.
Avison Young
August 15, 2019
By Joshua Burd
Avison Young has hired five new team members to its New Jersey offices that will support its growing project management practice in the region. Harley Brooks and Caroline Morris will come on as project accountants, while Tony Bienert joins as director of construction management. Gabriel Miani and Katie Sherman will be senior project manager and an administrative coordinator, respectively.
Marx Realty
August 12, 2019
By Steve Cuozzo
Insurance company MassMutual has signed a 10-year, 22,000-SF lease at Marx Realty’s 10 Grand Central (708 Third Avenue). Marx recently completed a $48 million renovation which included a new lobby, lounge, outdoor terrace, and hip finishes and amenities. With the MassMututal lease, the 405,000-SF 10 Grand Central is 91% occupied. Recent signings include Agence France-Presse, 23 Capital and Everside Capital Partners.
Stuart Saft
August 9, 2019
By Stuart Saft
Stuart Saft, chair of real estate at Holland & Knight, provides thought leadership in the Commercial Observer. He discusses how the new law making rent stabilization permanent and not allowing landlords to recover the cost of renovations will further harm the market, resulting in less housing product.
Kalmon Dolgin Affiliates, ABS Partners
August 2019
By E.B. Solomont
An article in The Real Deal’s August 2019 issue highlights the real estate industry’s avid golfers, the memories they have on the course, as well as the deals made during the game. Kalmon Dolgin, co-president of Kalmon Dolgin Affiliates and John Leslie, senior managing director at ABS Altman Warwick, share their recollections.
Savitt Partners
August 8, 2019
By Nicholas Rizzi
Swimwear designer and manufacturer Longevity Brands will consolidate its two Manhattan offices and showrooms into its current Garment District headquarters, in a deal arranged by Savitt Partners, whose Marc Schoen and Elliott Zelinger represented Longevity Brands. The tenant signed a 10-year lease for 33,952-SF at 250 West 39th Street; it currently leases 19,123-SF on part of the third and the full fourth floor. It will leave that space and its 12,000-SF office space at 1441 Broadway to take over the eighth, ninth and 17th floors at 250 W. 39th. Cushman & Wakefield’s William Golden and Bill Fressle represented the landlord, Qatari real estate investment firm Alduwaliya Asset Management, in the deal.