The following is a selection of media placements for Great Ink clients and a summary of each.
Client
JT Magen
Date
September 23, 2024
JT Magen Completes 32,000 SF Hospitality Project in Midtown Manhattan
summary
JT Magen has completed The Paramount Club, a 32,000-square-foot hospitality project on the concourse level of 1301 Avenue of the Americas in Midtown Manhattan. Open to all New York tenants of Paramount Group’s portfolio, Paramount Club features TVs, a pool table, fitness/wellness center, business lounge, classroom-style training room, 18-person boardroom and a variety of dining options, including an atrium restaurant, café, grab-and-go market and private dining spaces. Loffredo Brooks Architects designed the club, space for which was repurposed from existing lower levels at the property.
Client
Landmark Properties
Date
September 19, 2024
Landmark Properties Completes 703-Bed Development Near University of Oregon
By Katie Sloan
summary
Landmark Properties announces the delivery of The Standard at Eugene, a 703-bed student housing development near the University of Oregon campus in Eugene. The community offers 247 units across 265,000 square feet of residential space in studio through five-bedroom configurations. Shared amenities include a rooftop swimming pool with a jumbotron, grilling areas, hammocks and cabanas; a fitness center with an indoor rock climbing wall; an academic lounge with private study rooms; a resident club and game room; and on-site parking. The community is Landmark’s second development in Oregon, following the delivery of The Retreat at Corvallis near Oregon State University. The development team for the seven-story community included Ankrom Moisan Architects and Landmark Construction, the in-house construction arm of Landmark Properties.
Client
Landmark Properties
Date
September 19, 2024
Student Housing Unlocked: The Blueprint for Elevating Quality and Maximizing Occupancy
By Olivia Bunescu
summary
In the latest episode of Multi-Housing News’ podcast, Student Housing Unlocked, Associate Editor Olivia Bunescu talks with Max LaVictoire, Landmark Properties’ Managing Director of Investor Relations. They discuss the unique challenges of tackling construction costs while maintaining high-quality standards. LaVictoire also shares the firm’s expansion strategy, along with the importance of keeping up with students’ needs. You’ll also get a glimpse into their move in the SFR market and what sets this apart from Landmark’s core focus on student housing. Listen here.
Client
Simone Development Companies
Date
September 18, 2024
Snipes sneaker and streetwear retailer signs lease at Throggs Neck Shopping Center
By Julian Nazar
summary
Simone Development Companies has signed a new long-term lease for 6,854 square feet with SNIPES, one of the leading sneaker and streetwear retailers worldwide, at the Throggs Neck Shopping Center at 815 Hutchinson River Parkway in the Ferry Point section of the Bronx, NY. Simone Development was represented by in-house leasing and legal teams alongside the property’s exclusive broker, Karnit Mosberg of Royal Properties. Ryan Condren of JLL represented the tenant. See the full story.
Client
Waterton
Date
September 19, 2024
Brookfield exits San Francisco apartment complex with $178M sale
By Emily Landes
summary
Waterton, a national real estate investor and operator, has acquired a 410-unit mid-rise apartment community at 1222 Harrison Street in San Francisco from Brookfield. L Seven comprises seven six-story buildings in the heart of the city’s SoMa neighborhood. Waterton will institute a light value-add program focused on enhancing underutilized amenity spaces while prolonging the life of the asset. The acquisition brings Waterton’s owned and managed multifamily portfolio to over 970 units in the San Francisco metro area. Read the full story.
Client
Landmark Properties
Date
September 18, 2024
Federal Reserve slashes key interest rate. What it means for Georgia
By Michael E. Kanell and Zachary Hansen
summary
Porter McDonald, a managing director at Landmark Properties, a developer, owner and manager of student and residential communities, offers expert commentary to an Atlanta Journal-Constitution article that talks about the impact this week’s anticipated interest rate cuts will have on the residential sector. Read the full article.
Client
Ariel Property Advisors
Date
September 18, 2024
What the interest rate cut will mean for New York real estate
By Eddie Small
summary
Shimon Shkury, president of Ariel Property Advisors, offers expert commentary in a Crain’s New York Business article about the interest rate cut. High interest rates have been one of the main factors behind slow property sales and high rents. This week, the Federal Reserve cut its benchmark interest rate by half a percentage point, with additional declines expected. Shkury adds, “Next year will be a lot more robust in terms of volume of transactions.” Read the full story here.
Client
Aeromine Technologies
Date
September 18, 2024
BMW Drives Innovation with Motionless Wind Energy Trial
By Kaleigh Harrison
summary
BMW Group has partnered with Aeromine Technologies to test a novel wind energy system at its MINI manufacturing plant in Oxford, England. The collaboration marks the UK’s first installation of a motionless wind energy system, showcasing BMW’s commitment to sustainable innovation and Aeromine’s cutting-edge technology in renewable energy solutions. Learn more about the installation here.
Client
Marx Realty
Date
September 17, 2024
The Plan: 10 Grand Central Gets a Train-Themed Tenant Lounge
By Abigail Nehring
summary
In this week’s Commercial Observer, Marx Realty revealed plans for The Meeting Galleries, a new, 11,000-SF amenity suite on the 11th floor of 10 Grand Central. Detailed in The Plan, the new space will comprise four distinctive and reservable spaces to accommodate board meetings, corporate retreats, holiday parties, product launches, team building activities, podcast production and much more. From a next-generation ‘town hall’ meeting lounge with seating for 200 to pre-function, podcast and theater rooms, The Meeting Galleries have been meticulously designed to resemble the aesthetic of a luxury train liner; these purpose-built spaces pay homage to the nearby Grand Central Station, with a nod to the Beaux Arts era of luxury train travel, featuring realistic influences and textured layers of warmth and sophistication. Designed by Studios Architecture, The Meeting Galleries will be tied together with art sourced by Curator Engine. See the full article.