The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Hodges Ward Elliott
Date
August 12, 2016
Possible One57 Hyatt sale is litmus test for hotel market
by Konrad Putzier
summary
The Park Hyatt at One57 is one of more than 30 NYC hotels currently for sale, which may indicate a weakening hotel market. Jay Morrow of Hodges Ward Elliott notes that while the market may be a little slower until there’s clarity on where it’s headed, it does create some wonderful buying opportunities for those interested in entering the hotel market or adding to a portfolio.
Client
RFR Realty
Date
August 11, 2016
Lupus Research Nonprofit Inks 13K-SF Deal at RFR’s 275 Madison Avenue
by Liam LaGuerre
summary
Alliance for Lupus Research signs 10-year, 13,541 SF lease for its HQ at RFR Realty’s 275 Madison Avenue. JLL’s Oliver Katcher represented RFR in the deal. Avison Young’s Susan Kahaner represented the tenant alongside colleague Jennifer Ogden. ALR is moving into the entire 10th floor of RFR’s landmarked office tower.
Client
The Marketing Directors
Date
August 11, 2016
Neighborhood Guide: Jersey City
by Kate Mooney
summary
Jersey City is New Jersey’s fastest growing metropolis, says Metro New York in its Neighborhood Guide to Jersey City. Marty Brady of The Marketing Directors adds that 5,800 of 7,000 new housing units will be rental properties – the rest will be offered as condominiums. The Marketing Directors is also working on one of the area’s newest buildings 99 Hudson, which recently broke ground and is expected for delivery in 2019.
Client
RADCO Companies
Date
August 11, 2016
Why RADCO is betting on Class C Multifamily
by Jennifer LeClaire
summary
RADCO’s Norman Radow calls the Charleston, SC submarket one of the most attractive regions in the country for real estate investors. The company has just inked its ninth multifamily acquisition for $12.5 million in the area, the Reserve at Ashley River. Renamed the Greenwood at Ashley River, the asset adds 280 class C-plus units to RADCO’s portfolio.
Client
Soho Properties
Date
August 10, 2016
Show and El
by Terence Cullen
summary
Sharif El-Gamal of Soho Properties is profiled in the Commercial Observer’s “The Sit-Down.” He talks with Terence Cullen about the firm’s current work in New York City, including 45 and 51 Park Place, and the Dream Hotel.
Client
Newmark Holdings
Date
August 5, 2016
Newmark, Olmstead Close Queens LIC Purchase
by Ioana Neamt
summary
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.
Client
Madison Realty Capital
Date
August 2016
Movers and Shakers
summary
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.
Client
Syska Hennessy Group
Date
August 2016
How should 3D printed buildings be maintained
by Neha Bhatia
summary
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.
Client
Avison Young
Date
August 4, 2016
Manhattan Luxury-Condo Glut Ends Developer Rush for Land Deals
by Sarah Mullholland and David M. Levitt
summary
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.