The following is a selection of media placements for Great Ink clients and a summary of each.
Jonathan Rose Companies
August 7, 2017
Donna Kimura
Affordable Housing Finance talks about Rose Community Capital’s newest hire, Kelly Boyer, brought on as it’s West Coast director. The firm was acquired as part of Jonathan Rose Cos.’ purchase of Forest City’s affordable housing business in March. Boyer and her team will act on the firm’s overall strategy to increase the firm’s reach and increase its FHA lending volume.
Ted Moudis Associates
August 7, 2017
by Mallory Jindra
Office Insight takes us inside the Ted Moudis Associates-designed, 145,000 SF headquarters for Foot Locker, the popular footwear and athletic apparel brand. Situated across three floors at 330 West 34th Street in New York City, Ted Moudis incorporated the clients’ branding and organizational needs within the space. The office has plenty of “third space,” including a cafe/pantry, enclosed and open collaboration spaces, and training rooms. An outdoor terrace and fitness facility are just some of the amenities enjoyed by the Foot Locker employees.
Simone Development Companies
August 4, 2017
by Ernie Garcia
Simone Development Companies has signed two new leases totaling 9,500 SF for ColumbiaDoctors and Riverside Dental Health P.C. at its Boyce Thompson Center in Yonkers, NY. ColumbiaDoctors is a multi-specialty practice affiliated with Columbia University and NewYork-Presbyterian Hospital. It signed a long-term lease for 6,839 SF on the second floor of the Center. Riverside Dental Health PC has leased 2,621 SF on the building’s lower level, moving from another location in Yonkers.
Jonathan Rose Companies
August 4, 2017
by Jonathan D. Epstein
Village Square Apartments, a large subsidized affordable housing community aimed at seniors in Williamsville has sold to Jonathan Rose Companies for $3.89 million. The complex is a five-story building with 100 one-bedroom units, subsidized through the government’s Section 8 program. Sitting on 1.38 acres, the 76,035 SF building features a clubhouse, fitness center, laundry facilities and tenant storage.
CBRE Fairfield/Westchester
August 2, 2017
by V.L. Hendrickson
Landlords make office assets attractive to tenants with renovations and pre-built spaces, and, adds Jeffrey Dunne, vice chairman for capital markets and institutional properties at CBRE, “Investors want train-centric buildings.” See more in The Real Deal’s Westchester/Fairfield market report.
CBRE Fairfield/Westchester
August 2, 2017
by Bryan Virasami
Landlords who reinvest in their office properties often see higher occupancy rates, according to The Real Deal’s Westchester/Fairfield market report. Tom Pajolek, an EVP in CBRE’s Stamford office, cites the example of Merritt 7 in Norwalk, a group of six buildings with a 97% occupancy rate, that, prior to renovation, was at 20%.
CBRE Fairfield/Westchester
August 2, 2017
by Bryan Virasami
William Cuddy, an executive vice president based in CBRE’s Westchester/Fairfield office, notes that White Plains’ Central Business District is still white-hot, as employers move to more urban areas to attract skilled employees. Cuddy adds that that the area has been positive in terms of leasing velocity, with an increase in average asking rents and a reduction of the vacancy rate.
Rutenberg NYC
August 2, 2017
Jeffrey Fields, an agent with Rutenberg NYC, has sold more than $90 million worth of homes in less than one month. After bringing in a buyer for the $79 million duplex at 520 Park Avenue, Fields has gone into contract for a $12 million, 3,700 SF apartment at the Four Seasons Private Residences at 30 Park Place.
Madison Realty Capital
August 2, 2017
by Lauren Elkies Schram
Madison Realty Capital provided a $300 million construction loan to Ceruzzi Holdings and SMI USA for the completion of its 72-story, 803-foot, 180,000 SF condo development at 138 East 50th Street in New York City.