The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Thornton Tomasetti
Date
October 16, 2018
This Week's Chicago Deal Sheet
By Catie Dixon
summary
The Chicago office of Thornton Tomasetti, an international engineering firm, recently celebrated its 25th anniversary with a celebration at the Chicago Architecture Center. The company has 100 employees locally and has worked on the 23-story expansion of the Chicago Board of Trade, Jeddah Tower, the adaptive reuse of Soldier Field, the structural renovations at Wrigley Field and the update of the Yard at Chicago Shakespeare Theater.
Client
GFP Real Estate
Date
October 16, 2018
Designer Isabel Marant will open first showroom in Manhattan
By Lois Weiss
summary
Isabel Marant has signed a 4,070-SF lease at the Chelsea Arts Building at 210 Eleventh Avenue, where the French fashion designer will open her first NYC showroom. The showroom, which resembles a retail space, has large windows and polished concrete floors, and boasts a private entrance which will benefit celebrities that shop with the brand. Audrey Novoa, Jakob Pedersen and Gregg Schenker of ABS Partners Real Estate represented the ownership. Paige Engeldrum of Cushman & Wakefield acted on behalf of the tenant. Other deals at the building include a renewal and expansion for Gabriela Hearst to 7,180 SF; Jay Godfrey leased 3,740 square feet on the second floor; and Michael Stars signed a 3,600-square-foot lease on the seventh floor.
Client
Madison Realty Capital
Date
October 16, 2018
Local Developers Snag $36M Construction Loan for Upper West Side Condo Project
By Matt Grossman
summary
Madison Realty Capital has closed on a $36.1 million construction loan for a mixed-use development on the Upper West Side of Manhattan. The loan will fund a 21-story apartment tower at 214 West 72nd Street, which will also include a 1,200 SF retail component. The project is a partnership between SK Development and CB Developers.
Client
Avison Young
Date
October 14, 2018
Long Island hires and promotions: Neil Creedon, Avison Young
By Diane Daniels
summary
Neil Creedon has joined Avison Young’s Melville office as principal. He was formerly a senior executive director at Colliers International in Jericho. Creedon resides in Massapequa.
Client
Marx Realty
Date
October 12, 2018
The New York office has a millennial makeover
By Joseph Chaffen
summary
New York landlords are scrubbing the traditional office buildings with the tastes of the older generation and turning them into spaces that appeal to millennials. Craig Deitelzweig, chief executive officer of Marx Realty notes that the company has completed several major renovations, including the $45m redo and rebranding of 10 Grand Central. The lobby is modeled after a members-only club or boutique hotel. Dietelzweig adds that the complete makeover of a building is essential, as the building becomes part of the tenant’s brand. Renovations also boost rents and provide the landlords with future growth opportunities.
Client
Marx Realty
Date
October 12, 2018
Sears Exit Would Leave Big Holes in Malls. Some Landlords Welcome That.
By Esther Fung
summary
Craig Deitelzweig, chief executive officer of Marx Realty, is quoted in this WSJ article about the Sears bankruptcy filings. As many Sears department stores, auto centers and Kmart stores — which are also owned by the holding company — make plans to close, property owners are preparing for the shake-up and making contingency plans to fill empty space at their centers. Marx Realty owns the Cross County Shopping Center in Yonkers with Benenson Capital, where Sears has leased a three-story, 250,000 SF building for 40 years. The center has great foot traffic and is 98% leased. However, centers around the country who are not seeing such strong leasing activity may suffer from the loss of an anchor tenant.
Client
R New York
Date
October 12, 2018
Have You Heard: R New York to host poker tournament
summary
R New York will host its first annual charity poker tournament on October 24, where proceeds will benefit the Wounded Warrior Project. The winner will get a front row seat at the 2019 World Series of Poker Main Event in Las Vegas. R New York was formerly operating as Rutenberg NYC/Charles Rutenberg LLC and this will be the company’s first event with its new name. The Wounded Warrior Project is a charity and veterans service organization which offers a variety of programs, services and events for wounded veterans of the military actions following September 11, 2001.
Client
ABS Partners Real Estate
Date
October 12, 2018
ABS Real Estate Group Gets $85M Loan for 162 Fifth Ave.
By Betsy Kim
summary
ABS Altman Warwick, a New York City-based capital market advisory firm, today closed on a large permanent loan for the 12-story, newly-renovated office building at 162 Fifth Avenue in New York City. The 145,000-square-foot building includes added penthouse, boardroom and garden space and is owned by long-time clients of the firm.
Client
Thornton Tomasetti
Date
October 11, 2018
Great Glazing: 407 N. Maple Drive, Beverly Hills
By Olivia Parker
summary
Thornton Tomasetti was the structural and facade engineer for 407 North Maple Drive in Beverly Hills, California. The 95,000-square-foot, four-story office building owned by Tishman Speyer, recently underwent a $10-million renovation. Part of the renovation was a new glass entry lobby and enclosure of the existing colonnade. The addition of the new all-glass entrance, also known as “the jewel,” provides maximum transparency for a visually appealing arrival experience, according to the architect. The project was featured in the “Great Glazing'” column in Glass Magazine.