The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Avison Young
Date
May 8, 2019
ON THE SCENE: Avison Young gets exclusive in Bronx
summary
Avison Young’s Tri-State Investment Sales Group has been tapped to manage two exclusive sales assignments. In the Bronx, AY’s James Nelson, Principal, Head of Tri-State Investment Sales along with Director Daniel Tropp, and Associate Directors Fritz Richter, Allan Fries, Toku Saito and Willis Fries will market the 15,259 s/f lot at 751 Concourse Village West. The site offers up to 99,184 buildable square feet in an Opportunity Zone for an asking price of $8.995m. And in Ridgewood Queens, the The 6,624 s/f residential building at 1665 Cornelia is being marketed on behalf of ownership by an Avison Young team comprised of James Nelson, Principal and Head of Tri-State Investment Sales, Director Brandon Polakoff, as well as Associate Director Fritz Richter and Associates Bradley Rothschild, Joseph Rosenfeld and Allan Fries. The asking price is $4.9M.
Client
Barone Management
Date
May 7, 2019
Angel Guardian Home poised for its next act
By Meaghan McGoldrick
summary
Barone Management closed on the sale of a 140,000-SF parcel of land in Dyker Heights, Brooklyn to the School Construction Authority, which has plans for a 24,000-SF, 600-seat school. In late 2017, Barone Management purchased the Angel Guardian Home at 6301 12th Ave. from Sisters of Mercy, and, while preserving the original building, will build a 127,000-SF, 125-bed assisted living facility, three-story, 130-unit residential building with 15% of apartments below market-rate, and a senior center. SCA’s school is part of the larger plan for the site.
Client
Kimmerle Group, EW Howell
Date
May 7, 2019
City Scoop: The Great (Private) Outdoors in North Jersey
By Eydie Cubarrubia
summary
In Engineering News-Record‘s special New York issue, Kimmerle Group Principal William Kimmerle talks about the latest trends in North Jersey. In City Grills, he notes that access to private outdoor office space and the refitting of outdated buildings into office, senior living, and multifamily use are two major happenings in the industry today. And, EW Howell Construction Group is the Firm in Focus, where the firm’s current project, Benchmark Senior Living’s Orchard Estate of Woodbury.
Client
Thornton Tomasetti
Date
May 6, 2019
Going green has some city landlords seeing red
By Mary Diduch
summary
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.
Client
RFR Realty
Date
May 6, 2019
RFR Realty Leases Over 53,000 SF at 17 State St.
By Betsy Kim
summary
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.
Client
Marx Realty
Date
May 3, 2019
Lobby And Exterior Renovation Nears Completion At 10 Grand Central, Midtown East
By Sebastian Morris
summary
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.
Client
EW Howell Construction Group
Date
May 2019
New York construction’s heavy lift
By Kevin Sun
summary
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.
Client
RFR Realty
Date
May 2, 2019
Tommy Hilfiger expands Madison Avenue HQ
By Ryan Deffenbaugh
summary
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.
Client
Madison Realty Capital
Date
May 1, 2019
Madison Realty Capital moves HQ to 520 Madison Avenue
By David Jeans
summary
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.