The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Simone Development Companies
Date
August 4, 2017
Yonkers' Boyce Thompson Center adds tenants
by Ernie Garcia
summary
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.
Client
Jonathan Rose Companies
Date
August 4, 2017
Williamsville affordable housing complex sold
by Jonathan D. Epstein
summary
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.
Client
CBRE Fairfield/Westchester
Date
August 2, 2017
Making the best of a slow market
by V.L. Hendrickson
summary
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.
Client
CBRE Fairfield/Westchester
Date
August 2, 2017
Meh office market in Fairfield
by Bryan Virasami
summary
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%.
Client
CBRE Fairfield/Westchester
Date
August 2, 2017
Big deals prop up Westchester’s ailing office market
by Bryan Virasami
summary
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.
Client
Rutenberg NYC
Date
August 2, 2017
Fields of green
summary
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.
Client
Madison Realty Capital
Date
August 2, 2017
Madison Realty Capital Provides $300M Construction Loan for Ceruzzi Midtown East Condo
by Lauren Elkies Schram
summary
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.
Client
Building and Land Technology
Date
August 2, 2017
Fairfield's Hottest Commodity
by James Klatell
summary
The Real Deal asked several commercial real estate executives about Fairfield County’s apartment rental market, and what it means for the future. Ted Ferrarone, COO of Building and Land Technology, notes that the rental market is a feeder for single-family home purchases, as well as a place for those selling their single-family homes to reside on the other end. BLT, Ferrarone says, has build projects with intentionally smaller units to provide a lower price for those just getting out of college, as well as buildings that might cater to empty nesters who might need a bit more space and amenities.
Client
Rutenberg NYC
Date
July 31, 2017
One of Nolita’s Puck Penthouses finds success as $70K/month rental
by Amy Plitt
summary
Rutenberg NYC agent Jeffrey Fields secures $70,000/month for a 3br/5.5ba penthouse at the Puck Building. The posh listing comes fully furnished, and has a huge terrace that overlooks Houston Street. The 5,222 SF apartment was previously on the market for sale at $35.1 million.