The following is a selection of media placements for Great Ink clients and a summary of each.
Jonathan Rose Companies
June 3, 2020
The Schochet Companies and Jonathan Rose Companies have acquired Riverside Towers in Medford, MA, for $83.5 million. Financed through MassHousing, Riverside Towers is designated for occupancy by elderly and disabled residents. Of 200 units, 199 receive direct rent subsidy under a HUD Project-Based Section 8 HAP contract. Longer term plans include a significant investment in common area modernization, upgrades to dwelling units, and enhanced social services geared toward quality of life and health and wellness improvements for the community.
By Bendix Anderson
Lela Cirjakovic, an executive vice president at Waterton, talks with UNITs magazine about the most coveted amenity in multifamily today — and it’s not granite countertops. Relatively inexpensive rents may be the most valuable amenity that older apartments have to offer. Managers of such buildings carefully budget for capital expenditures to avoid deferred maintenance, keep their properties running smooth and avoid adding much to the cost of rent and utilities.
May 28, 2020
Marx Realty has announced an extensive renovation project at 545 Madison Avenue to modernize the Midtown NYC office building. Marx will overhaul the lobby, creation of pre-built tenant suites on the third and 14th floors, and the construction of 5,000 square feet of new amenity spaces.
May 28, 2020
Silver Oak Alexander Valley in Healdsburg, Calif. has become the first winery and one of just 25 buildings in the world to earn the Living Building Challenge (LBC) Sustainability Certification from the International Living Future Institute. Thornton Tomasetti provided sustainability services to Silver Oak for the winery’s production and administration facility and tasting room, which were completed in 2018.
Kimmerle Newman Architects
May 28, 2020
By Joshua Burd
Kimmerle Group designed the new 35,000-SF headquarters at 20 Commerce Drive in Cranford, NJ for Lerner David, a law practice focused on intellectual property. It relocated to the property after nearly 50 years in Westfield. The company’s new home features modern design elements such as offices with full-height glass fronts and slider doors, allowing for natural light, along with high-end furniture and finishes selected by Kimmerle Newman Architects in tandem with the law firm.
Marx Realty, CBRE
May 27, 2020
Craig Deitelzweig of Marx Realty joins Spencer Levy of CBRE on CNN’s “New Day” program to discuss the future of office space demand. Experts say people will migrate back to the office as they start to crave stimulation and collaboration. Additionally, corporations are telling people they need MORE space in order to abide by social distancing laws. Healthy materials are also considered within the office’s design.
May 22, 2020
By Loiss Weiss
Law firm Cozen O’Connor leased 7,100 SF on the 34th floor of 100 Park Avenue to keep a Midtown conference center. The firm recently announced it would move to the entire 55th floor and a portion of the 56th floor at 3 World Trade Center, where it would consolidate its current offices at 277 Park Avenue and 45 Broadway. Avison Young’s Arthur Mirante said the law firm felt it was important to maintain a Midtown location in a prestigious building. Cozen O’Conner was represented by Avison Young’s Michael Gottlieb and Jennifer Ogden in New York, plus David Fahey in Philadelphia, and Jeff Lindenmeyer in Chicago.
May 21, 2020
Fairstead has appointed Kevin Day as VP of asset management for its affordable properties, and Robert Dunn as VP of asset management overseeing mixed-income. Prior to joining Fairstead, Day founded evopolis Inc., a real estate investment and consulting firm. Dunn comes to Fairstead after seven years with HUBBNYC Properties, a vertically integrated owner/operator focused on the acquisition and management of value-add investment properties.
Castle Lanterra Properties
May 21, 2020
By Elie Rieder
Elie Rieder, founder and CEO of Castle Lanterra Properties, provides expert commentary in Forbes about the outlook for the multifamily investment sector.