The following is a selection of media placements for Great Ink clients and a summary of each.
Hodges Ward Elliott
January 11, 2017
by Ethan Rothstein
The hotel market in NYC is set for a comeback, says Bisnow. This is due in part to stricter regulations about Airbnb and other home-sharing sites and strong NYC tourism. Hodges Ward Elliot director Jay Morrow notes that some developers may even change their hotel plans to residential or office, which would help benefit existing hoteliers and stem the tide.
Avison Young
January 10, 2017
by Lisa Brown
Department store J.C. Penney has sold its corporate headquarters in Plano, TX for $353 million to Dreien Opportunity Partners, LLC. It will lease back about 65 percent of the property, leaving the remaining square footage for new tenants. Avison Young’s New York-based structured finance team arranged the debt and equity transaction for the seller, a partnership headed by investor Sam Ware.
EW Howell Construction Group
January 9, 2017
by Diane Daniels
EW Howell Construction Group has promoted Jack Hagen to vice president of the education division, while Daniel Navarro has risen to project executive in the division.
Avison Young
January 9, 2017
by Kevin Zimmerman
Avison Young’s Fairfield/Westchester office announces the $4.16m sale of 1835 Post Road in East Westport, Conn. by Green Farm Associates LLC. The deal is the third recent acquisition for Avison Young on behalf of Blackshaw, which appointed AY property manager for the 10,713 SF property.
Ted Moudis Associates
January 6, 2017
by Liam LaGuerre
The Commercial Observer’s weekly column, The Plan, takes a look at NASCAR’s new New York office, designed by Ted Moudis Associates. The racing organization moved into nearly 15,000 SF at 590 Madison, and the space is heavily branded to reflect components of the automotive and racing nature of the business.
EW Howell Construction Group
January 6, 2017
by Bernadette Starzee
EW Howell Construction Group announces promotions in its Arts & Culture division. Dominic Paparo Jr. and Bob Zirkel are named co-vice presidents of the division. Jehan Joonoos will be promoted to senior project manager.
Thornton Tomasetti
January 2017
by Aine M. Brazil, P.E., vice chairman, Thornton Tomasetti
Aine M. Brazil, P.E., vice chairman of international engineering firm Thornton Tomasetti, authored an article on the Rockefeller University expansion on the FDR Drive in Manhattan. The hard-to-access site required creative thinking, and the new lab facility incorporated modular construction delivered by barges to come together.
Jonathan Rose Companies
January 2017
by Elizabeth Kim, Kathryn Brenzel and Rich Bockmann
This article in The Real Deal’s January 2017 issue is a conversation about the diversity in NYC real estate industry. More than 70 men and women of all backgrounds in residential sales, development, commercial leasing, investment sales and law weighed in, including Jonathan Rose, CEO and founder of Jonathan Rose Companies. The company, as part of its hiring and recruitment efforts, has years ago introduced a selection committee that considers diversity in tandem with ability.
Simone Development Companies
December 29, 2016
Joseph Deglomini Jr., a principal of Simone Development, is profiled in Real Estate Weekly. Deglomini Jr. has been investing in NY real estate for more than 20 years, and the Simone Development team currently has more than three million square feet of space in various stages of construction and planning. He sits on the board of the Bronx Chamber of Commerce, the Westchester Square District Management Association and Bronx Council Boy Scouts of America.