The following is a selection of media placements for Great Ink clients and a summary of each.
Client
EW Howell Construction Group
Date
December 28, 2016
Slow, steady growth in construction
by Bernadette Starzee
summary
EW Howell Construction Group President Howard Rowland talks about the growth of the construction industry on Long Island and what we can expect in 2017. The healthcare category continues to see steady work on Long Island, as many institutions move away from the traditional hospital model in favor of the micro hospital or outpatient facilities.
Client
RADCO Companies
Date
December 26, 2016
RADCO Spends $60M on Class B-minus Multifamily Asset
by Jennifer LeClaire
summary
RADCO Companies announces its 14th multifamily buy of 2016, with the acquisition of Legends of Dunwoody in Atlanta for $60 million. The 532-unit, class b-minus multifamily property will be renamed Radius Sandy Springs, and will be managed by RADCO Residential. It’s RADCO’s 66th acquisition since 2011 and the second under the Radius brand.
Client
Kalmon Dolgin Affiliates
Date
December 22, 2016
Auto dealer inks 155K sq. ft. lease at Secaucus warehouse
by Joshua Burd
summary
Kalmon Dolgin Affiliates brokers Bob Klein and Jeff Under represented Range Rover in its 154,830-square-foot lease of a Secaucus, NJ warehouse. The luxury auto dealership will use the long-term lease at 77 Metro Way to tore and prepare new vehicles before placing them on lots around the region.
Client
The Marketing Directors
Date
December 22, 2016
NYC Real Estate Experts Offer Their 2017 Predictions
by Emily Nonko
summary
City Realty spoke with New York City real estate experts on their predictions for 2017. Joshua Silverbush, director of market insights at The Marketing Directors says Astoria will see more demand for both condo and rental, “Brooklyn Fever” will continue to spread and there will be increased development on all the outer edges of Manhattan. Stuart M. Saft, a partner at real estate law firm Holland & Knight, opines that the real estate market will strengthen in 2017 as a result of Donald J. Trump’s election.
Client
Savanna
Date
December 22, 2016
Savanna Nabs $200M Acquisition Financing for Falchi Building Buy
by Liam LaGuerre
summary
Savanna secured a $200 million acquisition loan from Blackstone Group for the purchase of The Falchi Building in Long Island City. The five-story, block-wide building at 31-00 47th Avenue was sold by Jamestown. Savanna plans to implement a $35M capital improvement project at the property, adding amenities and infrastructure, and new ground-floor retail.
Client
Thornton Tomasetti
Date
December 21, 2016
Executive News
by Debra K. Rubin
summary
Thornton Tomasetti has acquired Swallow Acoustic Consultants, a Mississauga, Ontario-based specialist in acoustics, noise and vibration control engineering. John Swallow will join Thornton Tomasetti as principal, along with 13 employees.
Client
Kamber Managment Company
Date
December 20, 2016
Executive of the Month: Steven Levy
summary
Steven Levy, principal of Kamber Management Co. is New York Real Estate Journal’s Executive of the Month. In a Q&A format, he talks with NYREJ about his start in the business, his best deals, family’s background in the industry, and other topics.
Client
Madison Realty Capital
Date
December 20, 2016
Brunner, Mandel score $90M construction loan for Bushwick rental project
by Mark Maurer
summary
Madison Realty Capital provided a $90 million construction loan to Bruman Realty for a new, two-building complex in Brooklyn’s Bushwick neighborhood. The rental complex will hold 232 apartments. This loan allows Bruman to retire all existing debt.
Client
Treeline
Date
December 18, 2016
Property Watch: Long Island Office Building Sold for Nearly $36 Million
by Keiko Morris
summary
Treeline, with KABR Group, acquired 3 Huntington Quadrangle, a 408,000 SF property in Melville, NY, for nearly $36M. “The building’s location near a main thoroughfare and its strong tenant base made it an attractive investment,” said Michael Schor, Treeline’s chief investment officer. The building has two four-story office wings connected by a lobby. It is 95% occupied with tenants such as Northwell Health and Travelers Insurance Co.