The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Rutenberg NYC
Date
December 14, 2017
Downsizing on the Upper West Side
By Joyce Cohen
summary
A former New York City pianist with a love for the culture of the Upper West Side moves from a Classic Six in the West 90s to the West 80s for 2BRs and a balcony with help from Rutenberg NYC’s Ina Torton. Harriet’s “The Hunt” was featured in the Sunday New York Times real estate section. Torton lead’s Rutenberg NYC’s “Next Move” division, which specializes in navigating seniors through the NYC real estate landscape.
Client
Avison Young
Date
December 14, 2017
Avison Young to stay as leasing agent after sale of Ramsey office building
By Joshua Burd
summary
Avison Young has been retained as the leasing agent for 500 North Franklin Turnpike, the 140,000 SF office building in Ramsey, NJ. The building was recently acquired by Highstone Equity Group, and will continue to retain Marc Krieger and Steven Geltzeiler with Avison Young, who led the leasing for the previous owner as well.
Client
Eastern Union Funding
Date
December 13, 2017
Eastern Union’s Ira Zlotowitz on Using Data to Steer the Ship
By Matt Grossman
summary
The Commercial Observer sat down for a Q&A with Ira Zlotowitz, president and CEO of Eastern Union Funding. Zlotowitz founded the commercial real estate mortgage brokerage firm in 2001 with two employees, and today has grown it into a firm with more than 120 employees, closing $3.5 billion in business during 2017. CO talks with Zlotowitz about organizational innovation like apps, data analytics for the best results, and hiring an expert in every segment of the business.
Client
Savanna
Date
December 13, 2017
Savanna raises $600M fund, its largest yet
By Rich Bockmann
summary
Savanna has raised $591 million for a new value-add fund, which will be the firm’s largest fund to-date. The private equity firm is headed by Christopher Schlank and Nicholas Bienstock. Earlier this year, the fund bought Westbrook Partners’ 31 West 27th Street office building for $126 million, and 19 West 44th Street from Deka Immobilien for $195 million.
Client
Jonathan Rose Companies
Date
December 12, 2017
Renderings revealed for Edgewood Court revitalization project
By Dan Whisenhunt
summary
Jonathan Rose Companies and a partner, Columbia Residential, purchased Edgewood Court Apartments, a 204-unit affordable housing community outside of Atlanta. The owners will undergo an $18 million redevelopment of the property, focusing on energy conservation and sustainability. The addition of new amenities such as a fitness center, community garden and playground, as well as repaved roads and walkways and a new roof will also be installed. Construction will begin during the first quarter of 2018 and is slated for completion early 2019.
Client
Avison Young
Date
December 12, 2017
Avison Young: Bergen County building fully leased after 50,000 sq.ft. deal
By Joshua Burd
summary
Marc S. Krieger, a broker with the Morristown, NJ office of Avison Young, arranged a new, 50,000 SF long-term lease for Hitachi Chemical Advanced Therapeutics Solutions, a life sciences firm, which will take nearly half of 75 Commerce Drive. The tenant will use the new facility to support its growth as a leader in the development of cellular therapeutic technologies. Krieger represented the landlord while CBRE’s Randy Eigen represented the tenant.
Client
Caesura
Date
December 10, 2017
Micro Units That Come With a Lending Library
By Julie Lasky
summary
The New York Times’ Sunday Real Estate section features Caesura, a new building in downtown Brooklyn that promotes a more community-focused building through intimacy and sharing. Developed by Jonathan Rose Companies, the building stands 12 stories and has 123 units which include 34 market-rate micro-units that are furnished with space saving pieces from Resource Furniture. The building includes a unique feature called the Common Goods library, a means of reducing consumption and clutter while having acess to products that one might otherwise spend money on and need room to store.
Client
Avison Young
Date
December 8, 2017
Cascella joins Avison Young
summary
Avison Young welcomes Bob Cascella, who joins the Fairfield, CT office of the commercial real estate services firm as vice president.
Client
Jonathan Rose Companies
Date
December 8, 2017
LEED trails off as go-to standard for green buildings
By Phil Hall
summary
Since 1994, the building industry has used LEED, the energy conservation and sustainability program, which made a large impact on design and construction. However, developers and others in the market are losing excitement over LEED due to costs and other factors; in Connecticut, only 12 commercial properties received LEED certification in 2017, nearly four times less than when the certification process was at its peak in 2013. Jonathan Rose Companies’ Caroline E. Vary notes that the firm tries to reach LEED certification on its projects, emphasizing the importance of third-party verification.