The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Marx Realty
Date
January 15, 2019
Media Company, The Week Magazine, Chooses Midtown East
By Betsy Kim
summary
New York-based Marx Realty inked two deals totaling 14,200 square feet at 155 E. 44th St. The U.S. edition of the UK-based weekly magazine The Week signed a 10-year lease for the entire 12,000 square feet on the 22nd floor, with a move-in date of May 2019. Montieth & Company, a communications consultancy, recently moved into a 2,200 square-foot, pre-built space.
Client
Simone Development Companies
Date
January 15, 2019
Three developers tell why they are investing in Westchester County
By Ryan Deffenbaugh
summary
Guy Leibler, president of Simone Healthcare Development, was a panelist at the Building Owners and Managers Association of Westchester’s annual State of the Market lunch. Since 2015, Simone has built, acquired or converted space in Westchester for primarily medical use, working with top-notch healthcare names such as NYU, NewYork-Presbyterian, Northwell, Mount Sinai and Montefiore. Simone is focusing the majority of its latest efforts on the healthcare sector, as “it’s something we will need for the rest of our lives,” said Leibler.
Client
Waterton
Date
January 11, 2019
Do You Offer Your Residents These Services?
by Lela Cirjakovic
summary
Lela Cirjakovic, an executive vice president at Waterton, a property management and investment group, contributes a thought leadership piece to Multifamily Executive focused on resident services. Apartment managers must focus on three things, including but not limited to thoughtful, convenient and flexible amenities, package rooms that can handle the volume of deliveries from online shopping sites, and smart home technology.
Client
Pickard Chilton
Date
January 10, 2019
Pickard Chilton-Designed Project Breaks Ground in Tokyo
By Barbra Murray
summary
Pickard Chilton celebrated the groundbreaking of a firm-designed project in Tokyo, Japan by Mitsui Fudosan. The 3.3 million-square-foot, mixed-use high-rise called Y2 marks the architectural firm’s first commission in Japan. Principal William Chilton participated in the groundbreaking,which included a traditional Japanese purification ceremony to ensure prosperity and success for the development.
Client
Avison Young
Date
January 9, 2019
Westchester & Fairfield Cheat Sheet: International distiller pays $3.2M for Putnam County development site
By Maya Rajamani
summary
Avison Young’s New York office arranged the $3.2 sale of 39 Seminary Hill Road, a 12.75-acre hilltop site that will serve as the first U.S. distillery for a Romanian spirits producer. Alexandrion Group acquired the Carmel development site from Hinckley Holdings and Covington Development. The space features an office and warehouse facility as well as parking, making it the perfect location for the 118,400-SF planned distillery, visitors center and tasting rooms.
Client
Waterton
Date
January 9, 2019
Apartment portfolio spanning from Raleigh to Charlotte sells for $169M
By Ben Graham
summary
Waterton, a Chicago-based real estate investment firm, acquired an apartment portfolio that includes 1,148 units across four complexes in Raleigh, Charlotte and Cary, North Carolina. They include Atria at Crabtree Valley in Raleigh, Audubon Parc in Cary, and Ashford Green and the Retreat at McAlpine Creek – both in Charlotte. The firm plans upgrades totaling between $20-$30 million that will provide more returns in the future. Waterton purchased the multifamily complexes for $169 million from an investment group led by the Bainbridge Companies.
Client
CBRE New Jersey
Date
January 8, 2019
CBRE Negotiates $13.3 million sale of office building in Springfield, NJ
By David Cohen
summary
The CBRE team of Elli Klapper, Charles Berger and Mark Silverman represented the seller of 966 South Springfield Avenue in New Jersey in the $13.3 million sale. The 60,000 SF property is the HQ for the watch and jewelry divisions of luxury brand of LVMH Moët Hennessy Louis Vuitton SE, a French multinational luxury goods conglomerate headquartered in Paris.
Client
Savanna
Date
January 8, 2019
Under Construction: 31-00 47th Avenue, Long Island City
By Rebecca Baird-Remba
summary
The Falchi Building at 31-00 47th Avenue in Long Island City is featured in the Commercial Observer‘s Under Construction column. It showcases the $20 million renovation of the infrastructure and systems by the owner, Savanna, which purchased the property in 2016 from Jamestown. The Falchi Building was built in 1922 as a warehouse for the Gimbel’s department store, and benefits from a large floor plate and expansive windows. Current tenants at the 736,000 SF building include Uber, Lyft and the NYC Taxi and Limo Commission. Food vendors like Juice Press are in the lobby. Savanna is marketing 150,000 SF of office space.
Client
GFP Real Estate
Date
January 7, 2019
GFP Real Estate has big plans and a tenant to match for FiDi office tower
By Rich Bockmann
summary
GFP Real Estate purchased the 900,000 SF 7 Hanover Square in FiDi for about $300 million about a year ago. The real estate firm is also putting $250 million into the modernization of the building and welcomed the building’s first tenant. NYC Health and Hospitals signed a 527,000 SF lease at the property, which GFP is rebranding as 50 Water Street. NYC Health and Hospitals will consolidate its 2,600 employees working in six offices around the five boroughs. The company is a nonprofit that operates the city’s public hospitals and health care facilities.