The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Marx Realty
Date
March 26, 2019
Buzzworthy: Hotel-Like Office Increases Revenue (Slideshow)
By Betsy Kim
summary
GlobeSt features a slideshow of images from the recently renovated 10 Grand Central. Marx Realty completed $45 million in renovations to the 35-story skyscraper at 155 E. 44th Street in Manhattan. The building was built in 1931 and originally designed by Ely Jacques Kahn. It evokes a 1930s hotel space, encouraging tenants to “find a professional home where they can mix and mingle in the lounge and terrace,” said Marx Realty’s Craig Deitelzweig. Current tenants include Benenson Capital, White Oak, Equity Partners, Marks O’Neill, TRNC, PMC Treasure, World Federalist Movement, CGB, Global Source Partners and The Week.
Client
Simone Development Companies
Date
March 22, 2019
Featured Property of the Month: Simone well-positioned to meet growing demand for warehouse space with acquisition of 316 Courtland Ave.
summary
The explosion in e-commerce has driven up the demand for industrial warehouse space. The supply of well-located warehouse space is tight in suburbs north of New York City, where many of the industrial stock is being turned into mixed-use developments, and there are no new properties being built. Simone Development Cos. owns and manages more than six million s/f of commercial property in the tri-state region, and has acquired a prime warehouse at 316 Courtland Avenue in Stamford, CT as a way to preserve the in-high-demand industrial properties. The 118,500 SF property offers the largest block of contiguous warehouse space in the city.
Client
Stuart Saft
Date
March 13, 2019
Expert says new council legislation will turn NYC into Detroit
By Linda O'Flanagan
summary
Stuart Saft, a partner in the real estate practice of Holland & Knight contributes to a Real Estate Weekly story about a new proposal in New York City. It would give commercial tenants free legal aid to fight eviction, which is rising at a rapid rate. The proposal applies to independently owned and operated “mom and pop” businesses, which are also being closed across the city. The catch-22, though, is that with high real estate taxes, commercial tenants who cannot pay their rent but can avoid eviction leaves commercial owners out of luck when it comes to paying the taxes.
Client
RFR
Date
March 15, 2019
Austria's Signa, RFR Holding buy New York's Chrysler Building
summary
RFR Holding LLC and Signa Holding have acquired Manhattan’s iconic Chrysler Building, entering into a joint venture to acquire the asset from Abu Dhabi Investment Council and Tishman Speyer.
Client
The Praedium Group
Date
March 15, 2019
The Praedium Group Sells TX Community
By Jeffrey Steele
summary
The Praedium Group has sold Legends at Chase Oaks in Plano, TX, an apartment community it acquired five years ago. The 346-unit rental complex at 701 Legacy Drive has 32 two-story buildings with a mix of one-, two- and three-bedroom homes. Praedium completed a comprehensive capital improvement program during the last five years, encompassing both common areas and unit interiors.
Client
Avison Young
Date
March 12, 2019
Avison Team Markets Rebranded Plaza 52 for Lease
summary
Avison Young has been tapped to lease the rebranded Plaza 52, a 54,437-square-foot boutique office building at 133 W. 52nd St. between Sixth and Seventh. The firm’s Roshan Shah and Keith Caggiano will market, reposition and lease the property on behalf of the owner, Beekman Real Estate Investment Management. The Avison Young team has arranged a lease with design firm Badgley Mischka on the property’s fifth floor. The property also has a 5,000-square-foot ground floor retail space under separate ownership, which has been leased to International hospitality company Bulldozer Group.
Client
CBRE
Date
March 7th, 2019
CBRE CEO Says Hudson Yards Is Very Unusual and Will Be a Success
By Caroline Hyde and Scarlet Fu
summary
Client
Ted Moudis Associates
Date
March 6, 2019
Why Measuring The Human Condition Results In Better Space Design
By Cristina Herrera
summary
Cristina Herrera, manager of workplace strategy at Ted Moudis Associates, a leading architectural and interior design firm, writes a thought leadership piece for Work Design Magazine on how to create better workplace design solutions and measure the productivity of the workplace and its people.
Client
The Marketing Directors
Date
Winter 2019
Justified in Jersey City
By Meenal Vamburkar
summary
An article on Jersey City in The Real Deal’s Tri-State market report cites data from The Marketing Directors. It talks about the new wave of rentals and condos expected in Jersey City this year, and concerns about absorption rates, pricing, and transportation crowding. Jackie Urgo, president of The Marketing Directors, a new development advisory and sales/leasing team, adds that the firm has received lots of interest from developers looking for valuations and what to build in the city across the river from Manhattan.