Gloves off in energy espionage fight
[10:07 am, July 30, 2014 | No Comment | ]

Some of the city’s biggest landlords could be dragged into a multi-million dollar cyber-hacking lawsuit filed by a now-defunct energy company.

Genergy, a local company that helped New York property owners track and manage electrical costs for thousands of buildings, is suing a rival for hacking into its computers and stealing sensitive information.

The espionage ultimately drove the firm out of business, says a federal lawsuit field by Genergy, which worked with companies such as Vornado, Mack-Cali and Swig Equities.

Related Posts Plugin for WordPress, Blogger...

Uncategorized »

[4:57 pm, July 30, 2014 | No Comment | ]

American architect Steven Holl has won the Japan Art Association’s 2014 Praemium Imperiale International Arts Award.
He joins South African playwright Athol Fugard, whose work helped bring the world’s attention to the outrage of apartheid, and Estonian composer Arvo Pärt.
The award, one of the most prestigious international prizes for painting, sculpture, architecture, music and theatre/film, brings with it $150,000.
Presented annually by the Japan Art Association, it recognizes lifetime achievement in the arts in categories not covered by the Nobel Prize.
Holl, who won the 2012 AIA Gold Medal, the 2010 RIBA Jencks …

Construction & Design »

[4:56 pm, July 30, 2014 | No Comment | ]

The City has issued a request for proposals to develop a site in Flushing, Queens.
In the RFP issued by the New York City Department of Housing Preservation and Development (HPD) developers are invited to submit proposals for a new construction project on the city-owned site at 133-45 41st Avenue.
The site is bordered by College Point Boulevard, Main Street, and the Long Island Rail Road (LIRR) line in Flushing, within Community District 7.
According to HPD, the goal is to develop a transit-oriented, mixed-use, mixed-income development that will expand affordable housing opportunities …

Construction & Design »

[4:55 pm, July 30, 2014 | No Comment | ]

The NYC Department of Transportation (DOT) and the Design Trust for Public Space last week unveiled The Boogie Down Booth, the second prototype for the Under the Elevated project in collaboration with the Bronx Music Heritage Center (BMHC) of the Women’s Housing and Economic Development Corporation (WHEDco).
Located at the Freeman Street station bus stop underneath the 2/5 subway tracks in the Bronx, the temporary resting spot provides solar-powered lighting and directional speakers playing Bronx artists’ music to enhance the space beneath the train tracks.
The community provided guidance on the design and function of the installation.
It serves as a test to make the area a more hospitable place …

Construction & Design »

[4:52 pm, July 30, 2014 | No Comment | ]

The NYC Department of Transportation (DOT) and the Design Trust for Public Space last week unveiled The Boogie Down Booth, the second prototype for the Under the Elevated project in collaboration with the Bronx Music Heritage Center (BMHC) of the Women’s Housing and Economic Development Corporation (WHEDco).
Located at the Freeman Street station bus stop underneath the 2/5 subway tracks in the Bronx, the temporary resting spot provides solar-powered lighting and directional speakers playing Bronx artists’ music to enhance the space beneath the train tracks.
The community provided guidance on the design and function of the installation.
It serves as a test to make the area a more hospitable place …

Construction & Design »

[4:48 pm, July 30, 2014 | No Comment | ]

Rechler Equity Partners, the largest owner and operator of commercial properties on Long Island, announced plans for the development of three parcels that, when combined, offer 119,000 s/f of industrial/flex space within the Islip Foreign Trade Zone (FTZ).

Located adjacent to Islip’s Long Island MacArthur Airport, the FTZ was established in 1982 to promote and encourage international trade, providing local businesses the opportunity to reduce costs and compete in the international marketplace.
Foreign Trade Zone tenants are offered several benefits, including deferral of duties and taxes paid on merchandise when entering U.S. …

Brokers Weekly, Photo Gallery »

[2:24 pm, July 30, 2014 | No Comment | ]

Photos by Richard Lewin
The Samuel Waxman Cancer Research Foundation [waxmancancer.org] held its 10th Anniversary “The Hamptons Happening” Fundraising Event at the Bridgehampton home of Maria and Kenneth Fishel. The Honorees were clothing designer Betsey Johnson, chef David Burke and Paul Ridley (Row for Hope). WCBS-TV news anchor Chris Wragge was the emcee. Guests enjoyed sampling gourmet food and unique drinks.

Finance & Accounting »

[12:26 pm, July 30, 2014 | No Comment | ]

HFF secured a $10.5 million refinancing for 180-188 Mt. Airy Road, a two-building office property in Basking Ridge, NJ.
Working on behalf of Lincoln Property Company, HFF placed the five-year, floating-rate loan with OceanFirst Bank. Loan proceeds will be used to retire existing debt and return equity to the partnership.
180-188 Mt. Airy Road in an area known as the state’s “Wealth Belt” along Interstate 78. The properties are 95 percent leased to tenants that include Montgomery Academy, The Learning Experience, Integrated Device Technology and Mt. Airy Associates.
The HFF team was led …

Finance & Accounting »

[12:26 pm, July 30, 2014 | No Comment | ]

Cushman & Wakefield served as the exclusive advisor to JOSS Realty Partners in arranging a $24.5 million senior mortgage loan for Georgetown Plaza in Washington, DC.
The three year financing, with two one-year extension options, was provided by Square Mile Capital Management LLC.
Located at 2233 Wisconsin Avenue NW in Washington, DC, the property is a 79% occupied, five-story, 150,097 s/f boutique office building built in 1964 and renovated in 2007.
A Cushman & Wakefield Equity, Debt & Structured Finance team of Gideon Gil, Alexander Hernandez, Sridhar Vankayala and Alex Lapidus, served as …

Related Posts Plugin for WordPress, Blogger...