The following is a selection of media placements for Great Ink clients and a summary of each.
Newmark Holdings
August 5, 2016
by Ioana Neamt
Newmark Holdings and Olmstead Properties have acquired 43-01 22nd Street, a six-story, 225,000 SF office property near Long Island City’s Courthouse Square for $61 million.
Madison Realty Capital
August 2016
In the Movers and Shakers column of The Real Deal this month, its announced that Andrew Salomon and Jay Heydt have joined Madison Realty Capital as managing director in charge of commercial development and managing director of leasing, respectively.
Syska Hennessy Group
August 2016
by Neha Bhatia
Greg Jasmin of Syska Hennessy Group in a Q&A with Neha Bhatia of Facilities Management Middle East about the maintenance of 3D-printed buildings. Syska was the MEP engineer for the recently debuted “Office of the Future” in Dubai.
Avison Young
August 4, 2016
by Sarah Mullholland and David M. Levitt
Jon Epstein of Avison Young is quoted in this Bloomberg article about the drop in price of development parcels now that the luxury condo boom is slowing. As a leading indicator for the rest of the market, land is usually the first asset class to drop in value when a market is transitioning.
Building and Land Technology
August 3, 2016
by Paul Schott
This Stamford Advocate article focuses on local developers that are offering opportunities for tenants to have a healthy workplace. At Building and Land Technology’s portfolio of office properties, including one at 200 Elm Street and a mixed-use building at 2200 Atlantic Street, there are fitness centers for tenant use.
Savitt Partners
August 2, 2016
by Lois Weiss
Jason Binn’s luxury magazine DuJour has signed a new lease at Savitt Partners’ 530 Seventh Avenue at Space 530. The move from 2 Park Avenue to two large mezzanine spaces at 530 will happen in late August.
Halstead Property
August 2, 2016
by Virginia K. Smith
Does a rumbling above-ground train = cheaper rents? Halstead Property’s Peter Grazioli discusses the idea with Brick Underground. “Just look along the BQE in Williamsburg and Greenpoint, there are buildings where you could practically share a coffee with the people sitting in traffic. But the buildings are still full. The impact of traffic or a train nearby is much less in new construction because of soundproofing.”
CBRE Valuation & Advisory Services
August 1, 2016
by Donna Mitchell
A report from CBRE’s Valuation & Advisory Services reveals that cap rate compression in the self-storage sector is slowing down. However, according to CBRE’s Chris Sonne, there was not a lot of activity in other sectors in terms of transaction volume, but compared to self-storage, the decline in this sector was least impacted.
Newmark Holdings
August 1, 2016
by Terence Cullen
Theatre Development Fund, best known for the TKTS booth in Times Square, New York City, has renewed its 12,349 SF, full-floor lease at Newmark Holdings’ 520 8th Avenue.