The following is a selection of media placements for Great Ink clients and a summary of each.
FirstService Residential
January 19, 2023
By A.J. Sidranksy
How will Mayor Adams’ new trash law for New York City impact operations at condos and co-ops? By limiting the amount of time trash resides at the curb, Mayor Adams hopes to eliminate unwanted pests. Michael Wolfe, president of property management at FirstService Residential New York talks with CooperatorNews New York about the new law, and how the firm is advising staff adjustments at co-op, condos and even rental properties to manage cost, space, staffing, and timing challenges.
Savanna
January 16, 2023
By Steve Cuozzo
In this week’s Realty Check column in the New York Post, Steve Cuzzo reports on MediaCo Holding, Inc’s new lease at 48 West 25th Street in Manhattan. MediaCo, owner of iconic New York radio stations HOT 97 and WBLS, has taken a long-term lease at the 127,130-SF property, for use as new broadcast studio and headquarters for the radio stations, which play hip hop and R&B hits. Savanna acquired 48 West 25th Street in 2018 and carried out a comprehensive capital improvement program, which included a full lobby renovation, retail façade renovation and new prebuilt program. Savanna was represented by Ethan Silverstein, Theodora Livadiotis and Bruce Mosler with Cushman & Wakefield. MediaCo was represented by Anthony LoPresti, also with Cushman & Wakefield, in the transaction.
Marcus & Millichap
January 13, 2023
Gary Mozer and his team are headed to Marcus & Millichap’s IPA division, where they will continue to line up debt and equity on commercial properties. Mozer comes to M&M’s IPA divison as an executive managing director, after 38 years at George Smith, where he was a co-founding partner. Lee Norman, Tommy Adelson and Broderick “Brody” Flagg are slated to depart next week for IPA, the unit of Marcus & Millichap that focuses on institutional-quality assets.
Aeromine Technologies
January 12, 2023
By Andria Cheng
AEC Angels, an investment platform focused on emerging technologies in the architecture, engineering, and construction sectors, has endorsed Aeromine Technologies, creator of an innovative bladeless wind energy system designed to help commercial property owners meet increasing demands for on-site renewable energy. Designed to seamlessly integrate with existing building electrical and rooftop solar systems, Aeromine’s scalable, motionless system easily installs on the edge of a building’s rooftop. Through their investment vehicle TTWiiN IP, AEC Angels member Thornton Tomasetti has invested in Aeromine’s investment round. AEC Angels is an alliance of industry veterans that partnered to evaluate and make individual strategic investments in early-stage companies with promising technological advances. Members include Thornton Tomasetti, STO Building Group, Syska Hennessy, and SHoP Architects. The AEC Angels have endorsed Aeromine and its innovative ability to bring significantly more renewable energy to building owners across numerous industry segments. Chemical giant BASF is one of the companies that’s testing the Aeromine technology at its manufacturing plant in Wyandotte, Michigan.
View, Inc.
January 11, 2023
By Paul Bubny
Nightingale Properties and Real Estate Equities Corporation announced that its new 10-story, 160,000-square-foot office development, The Labs on 121 in New York’s Harlem neighborhood will feature Smart Windows from View, Inc., the leader in smart building platforms and smart glass. New York City has stated its commitment to become a market frontrunner for life sciences through capital support and government incentives. The Labs on 121 represents the latest development in Harlem’s life sciences cluster and the first building in the area to install View technology. It also represents View’s third project in Manhattan’s Third Avenue office corridor, following the recently completed 825 Third Ave. with the Durst Organization, and 730 Third Ave. with TIAA and Nuveen Real Estate, showcasing View’s accelerating growth in New York City.
Thornton Tomasetti
January 9, 2023
By Ali Ashrafi, Ph.D., P.E., and Elisa Paone, P.E., CFEI, Thornton Tomasetti
Can lithium-ion batteries pose fire safety concerns for buildings? Thornton Tomasetti Principal Ali Ashrafi and Vice President Elisa (Signoriello) Paone, PE, CFEI co-author an article for Building Design+Construction Media about the dangers of lithium-ion batteries (found in phones, scooters, e-bikes, EVs and large-scale battery storage facilities) and what you need to know about the fire safety concerns they pose to owners and occupants.
Ariel Property Advisors
January 9, 2023
By Mark Hallum
Sales of multifamily buildings in New York City marked their biggest year since 2015, especially in the first half of 2022, with sales hitting $16.2 billion last year and accounting for 42 percent of the $38.9 billion in investment sales in 2022, according to Ariel Property Advisors. President and founder Shimon Shkury talks with Commercial Observer about the market.
FirstService Residential
January 9, 2023
By Paul Bubny
FirstService Residential has been appointed manager for The Axel, a high-end rental tower at 545 Vanderbilt Avenue in Brooklyn’s Clinton Hill neighborhood. The appointment was made by Hopestreet Capital, a New York City-based real estate investment group that completed the tower in December 2022. The 29-story building houses 284 apartments, 30,000 square feet of hotel-inspired amenity spaces, and 60,000 square feet of prime retail space with frontage along Vanderbilt and Atlantic avenues. To-date, the building has rented 60% of its units, a record time for a new development.
RFR Realty
January 9, 2023
By Erik Bojnansky
Mindspace, a Tel Aviv-based co-working office company has signed a 10-year, 31,192-SF lease for three floors at RFR Realty’s 100 Biscayne, a 30-story commercial building on Biscayne Boulevard. The office will be Mindspace’s second location in Miami, and can accomodate 450 workspaces. The desire for more compact space with flexible lease terms has been a boon for co-working companies, particularly in South Florida. RFR was represented by Eric Groffman, Cameron Tallon, Joshua Gibbons, and Emily Brais of CBRE in the lease negotiations. Mindspace was represented by Aaron Ellison, Jeff Gordon, and Iker Belauste of JLL.