The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Madison Realty Capital
Date
April 10, 2018
Cary Tamarkin locks down $72M refi for Chelsea condos
By Konrad Putzier
summary
Madison Realty Capital provided a $72 million loan to architect/developer Cary Tamarkin for his under-construction condo project at 550 West 29th Street. The senior mortgage replaces a $68 million financing package from Bank of the Ozarks and RCG Longview. The building is scheduled for completion in 2018, and sales officially launched in September.
Client
The Praedium Group
Date
April 9, 2018
Shorenstein Sells New North Loop Apartments to NY Firm
summary
The Praedium Group has acquired Maverick North Loop, a residential complex developed by Shorestein and Ryan Cos. US Inc. The building’s development was completed in March 2017 and features ground-floor retail partially occupied by a Starbucks, 155 apartments, 13 townhomes, a fitness center and terrace with pool.
Client
Thornton Tomasetti
Date
April 6, 2018
Thornton Tomasetti Launches Program to Increase Employee Volunteerism
summary
Thornton Tomasetti, the international engineering firm, has launched TT Gives Back, a community service program which creates and improves opportunities for its employees to volunteer. The program aims to build leadership skills, increase the firm’s volunteerism rate and social impact, contribute to employee satisfaction and provide new opportunities for business development.
Client
Building and Land Technology
Date
April 5, 2018
Shared Office Provider Spaces Inks 31K-SF Deal for First Brooklyn Digs
By Liam La Guerre
summary
Building and Land Technology, along with its joint venture partner Quinlan Development Group announced that Spaces, a global flexible workspace, has agreed to a 15-year, 26,908-square-foot lease for the entire second floor at 41 Flatbush Avenue, an office property in Brooklyn, as well as a separate 3,808 partial ground-floor lease at the property.
Client
EW Howell Construction Group
Date
April 5, 2018
Long Island hires and promotions: Howard Rowland, Associated General Contractors of NYS
By Diane Daniels
summary
Howard Rowland, president of EW Howell Construction Group, has been named Chairman of the Associated General Contractors of New York State for 2018. EW Howell, with offices in Plainvew and NYC, is one of the region’s leading education, retail, cultural, government and healthcare builders. The AGC NYS is the leading voice of the building and heavy highway construction industry, and Rowland will follow the footsteps of former EW Howell Principal Ralph D. Howell, Jr. who served as president in 1982.
Client
Fried, Frank, Harris, Shriver & Jacobson
Date
March 28, 2018
State Senate and REBNY Fight for Bigger Residential Towers
By Rebecca Baird-Remba
summary
Stephen Lefkowitz, a land use lawyer at Fried Frank, talks to the Commercial Observer about the state senate’s plan to repeal NYC’s FAR cap, which limits the size of new apartment buildings. Says Lefkowitz, “Eliminating the cap will encourage more development of affordable housing. The cost of building per square foot will be cheaper. If you can build more units, the land will be cheaper on a per-square-foot basis. Land costs are fixed, and architecture and legal costs won’t rise.”
Client
GFP Real Estate
Date
March 27, 2018
Recent Commercial Real Estate Transactions
By Rosalie Radomsky
summary
Allen Gurevich of GFP Real Estate represented the landlord of a nearly 4,000-SF lease at 171 Madison Avenue. Palisades Media Group has taken the 15th floor of the building, which is on the corner of 33rd Street in Midtown. Corey Abdo and David Toran of CBC Advisors represented Palisades.
Client
Avison Young
Date
March 22, 2018
Avison Markets NoLiTa Retail Condo
By Paul Bubny
summary
In a team led by James Nelson, head of tri-state investment, and Brent Glodowski and Henry Post, Avison Young’s New York Capital Markets Group has been hired to market a retail condo in Lower Manhattan at 262 Mott Street. The 5,831-SF ground-floor property includes five individual condo units, leased by Fjällräven USA, Tai Jewelry, TAGS, the Rebecca Hossack Gallery and Flannel.
Client
Kalmon Dolgin Affiliates
Date
March 22, 2018
Two Staten Island industrial sites spanning 1.1M sf hit the market
By Eddie Small and Konrad Putzier
summary
A Kalmon Dolgin Affiliates team of Neil and Grant Dolgin and James Dario Jr. is marketing two industrial sites on Staten Island that span more than 1.1 million square feet. A lot on Arthur Kill Road spans three contiguous lots across 714,000 SF, while a Sharrotts Road site has two contiguous lots across 355,000 SF. The asking price is $23 million.