Top Women in Design and Construction

Transcription

A Special Edition from Sokol Media, Inc.
JUNE 2014
TOP WOMEN IN
DESIGN AND
PHOTO BY THOMAS H. KIEREN
CONSTRUCTION
SHELBY JOHNSON
CEO, Theodore Williams Construction Company, LLC
Contents
2
PUBLISHER’S PAGE
4
INDUSTRY NEWS
From retail deals to bidding wars, REBNY takes center stage.
10
TOP WOMAN IN DESIGN &
CONSTRUCTION
Shelby Johnson, CEO of Theodore Williams Construction
Company, brings all new meaning to the term ‘Down To Earth’.
17
DISTRICT FOR DESIGNERS
Faith’s Fashion Focus - Heaven in the Hamptons
21
10
CALENDAR
The hottest industry happenings in June, July and August
23
MNS Report: Brooklyn Rentals
Come see which Brooklyn rentals are on the rise.
26
MNS Report: Manhattan Rentals
Doorman vs.
on-Doorman - What’s the true cost
17
www.sokolmediaonline.com • 1
Publisher’s Page
Built Upon Honesty
For Shelby Johnson, CEO of Theodore Williams
Construction Company, LLC, one of the keys to her rm’s
success is that she and her sta are honest, through and
through,’ she says. And by spending ust a few minutes
in her company, it becomes clear that her telling it like
it is’ policy is not only refreshing, but one that has surely
contributed to the trust she has built among her clients,
sta , and sub-contractors, as this issue’s cover story reveals.
And an increasing level of trust is what we can all use,
particularly among ew ork City residents who have
been uestioning when the warm seasonal weather would
nally arrive. Fortunately, it now has, and the Hamptons is
back to welcoming crowds of shoppers, as evidenced in this
issue’s ‘Heaven in the Hamptons’.
But even more importantly, it has become resoundingly
clear that the ew ork area’s rental properties are again
building in value, particularly when comparing April 201 to
2014 levels. The inside M S Report illustrates this point
through its review of both Manhattan and Brooklyn rentals
to-date.
So, ust as we can trust that the four seasons will ultimately
arrive, we can also trust that ew ork City- based real
estate will ultimately thrive, allowing us all to nd some
time to hopefully relax this Summer. See you in the
Hamptons
En oy the issue
Lori Sokol, Ph.D.
Founder & Publisher
Please address all comments and questions to
[email protected]
2 • www.sokolmediaonline.com
Sokol Media, Inc.
FOUNDER & PUBLISHER
Lori M. Sokol
ART DIRECTOR
Kerstin Vogdes Diehn
PUBLISHING CONSULTANT
James Janson
CONTRIBUTING WRITER
Faith Hope Consolo
COPYWRITER/
RESEARCH ASSISTANT
Jason H. Greenberg
WEB DESIGN
Design Disegno
ACCOUNTING
Citrin Cooperman
PRINTING
AmericasPrinter
Sokol Media, Inc.
75 West End Avenue, #P15F
New York, NY 10023
Ph: 973-769-7012
www.sokolmediaonline.com
Copyright by Sokol Media, Inc. No part of
the publication may be reproduced or
transmitted in any form or by any means
without prior written consent from the
publisher. The publisher reserves the right to
accept or reject any advertising or editorial
materials. Advertisers and/or their agents
assume the responsibility for all content
of published advertisements and assume
responsibility for any claims against the
published based upon the advertisement.
Editorial contributors assume any claims
against the publisher based on the published
work. No part of this publication may be
reproduced in any form or by any electronic
ormechanical means, including information
storage and retrieval systems without
permission in writing from the publisher.
All items submitted to Sokol Media, Inc. become
the sole property of Sokol Media, Inc. Editorial
content may not necessarily reflect the views of
the publisher. All correspondence and inquiries
should be addressed to: Sokol Media, Inc.,
75 West End Avenue, #P15F, New York, NY
10023.
Congratulations
to
SHELBY JOHNSON
‘TOP WOMAN IN DESIGN & CONSTRUCTION’
CMS Electrical Services
46 Carnation Avenue
Floral Park, NY 11001
Tel: 646-415-9133
www.cms-electrical.com
INDUSTRY NEWS
STELLA TOWER IS MORE THAN 60
PERCENT SOLD
Contracts Average $2,000 Per Square Foot In The Ralph
Walker Building
REAL ESTATE DEVELOPMENT TEAM JDS
DEVELOPMENT GROUP AND PROPERTY
MARKETS GROUP, in partnership with Starwood
Capital Group, are pleased to announce that the newest
Ralph Walker condominium conversion Stella Tower, which
o cially launched sales last month, is already more than 60
percent sold.
Located between Ninth and Tenth Avenues at 425 West
50th Street in Manhattan’s Hell’s Kitchen neighborhood,
the 1 -story, Ralph Walker condo conversion pro ect has
signed contracts for 1 of its 51 residences, with an average
price per s uare foot of 2,000. Some of the apartments
are under contract for more than ,000 per s uare foot.
Prices like this were previously unheard of in this
neighborhood, which continues to transform and attract
smart, creative buyers, said Michael Stern, managing
director of JDS Development roup, co-developer of
Walker Tower in Chelsea, also with Property Markets
roup, which currently holds the record for the most
expensive residential sale ever in downtown Manhattan.
Originally designed in 1 27 by preeminent Art Deco
architect Ralph Walker and completed in 1 0 for the
ew ork Telephone Company, Stella Tower o ers oneto three-bedroom residences range in si e from 1,000 to
2,200 s uare feet, with current asking prices from 1. to
6.2 million. The penthouses are as large as ,600 s uare
feet and are slated to command between 10 and 14 million.
The original Art Deco ornamentation, brick fa ade and
the building’s iconic crown - removed in the 1 50s are
being refabricated and restored. CetraRuddy Architecture
D.P.C. is the architect of record.
“Like Walker Tower, Stella Tower is poised to be a
neighborhood game changer, said Elliott Joseph, a principal of Property Markets roup.
Vickey Barron and Michael raves of Douglas Elliman
Development Marketing are the exclusive marketing and
sales agents. Barron is also sales director at Walker Tower.
It’s de a vu all over again, she said, making a parallel
between the success in both buildings.
Stella Tower features oversi ed tilt-and-turn windows,
with ceiling heights ranging from 10 to nearly 14 feet. At 1
stories the residential building soars above its neighbors,
o ering dramatic 60-degree views. Select residences also
boast replaces and some include private outdoor space.
Stella Tower will have a 24-hour attended lobby tness
center a resident’s lounge with pantry and bar a bicycle
storage room temperature controlled grocery storage
and an outdoor garden lounge. For more information, visit
stellatower.com.
Richard B. Hodos of CBRE wins the Most Ingenious
Retail Deal of the Year
Peter Ripka of Ripco Real Estate Corp. takes home the
Most Significant Retail Deal of the Year
THE REAL ESTATE BOARD OF NEW YORK
(REBNY) bestowed top honors for the most creative and
signi cant ew ork City retail deals of 201 on June 10th
at the annual Retail Deal of the ear Awards. The top two
knock-out deals selected from an array of 1 retail transactions were announced at the Retail Committee’s annual
cocktail reception held at Club 101.
•
•
The Most Ingenious Retail Deal of the ear that demonstrates exceptional broker acumen (ingenuity creativity) was presented to Richard B. Hodos of CBRE,
Inc. for A Marriage Made in (Marketing) Heaven The
Polo Ralph Lauren Lease at 711 Fifth Avenue.
The Most Signi cant Retail Deal of the ear that
recogni es the most signi cant retail deal in its overall
characteristics and importance to the ew ork City
retail market was awarded to Peter Ripka of Ripco
Real Estate Corp. for A
C Retail Journey Barneys
Comes Home 107 Seventh Avenue.
We congratulate Richard Hodos and Peter Ripka for
their tremendous creativity, persistence, and success in
negotiating these outstanding deals, said Steven Spinola,
REB
President. The brokers overcame numerous obstacles with the utmost ingenuity and professional skill to
bring even more color to ew ork City’s most prominent
retail corridors with these transactions.
The competition reached a new high this year and
we were thoroughly impressed by all of the submissions
received, added Peter Braus, Managing Principal for Lee
Associates
C and chair of REB
’s Retail Committee. We commend all of the nominees and look forward
to a year of even more retail growth and success for 2014.
Richard B. Hodos of CBRE, winner of the Most Ingenious
Retail Deal of the ear that demonstrates exceptional broker
acumen (ingenuity creativity), created a match made in
marketing heaven by arranging a ,000-s uare-foot lease
on behalf of Ralph Lauren at Coca-Cola’s 711 Fifth Avenue.
Prior to the expiration of The Walt Disney Company’s global
agship store’s lease for the corner ground oor retail space,
a number of potential tenants expressed interest in the space.
However, there was a catch Coca-Cola had vested interest
in making the space into a virtual venue for The Coca-Cola
Experience. It was also important to Coca-Cola that a new
tenant’s brand would be compatible with their own. That’s
when Hodos thought of Ralph Lauren, whom he had completed leases for throughout the country. He saw the fashion
retailer as both a perfect t in brand alignment and a prime
opportunity for Coca-Cola to obtain an income-producing
tenant, rather than incurring costs for developing the experience concept and keeping the space for their own use. With
a never give up attitude, Hodos overcame many challenges
over four years by making the case to the landlord and the
tenant, educating both sides on the market and value of the
transaction, rising above the competition, and securing the
lease with an aggressive o er, which has grown into a global
brand alliance that now stretches far beyond ew ork City.
The Most Signi cant Retail Deal of the ear, presented
to Peter Ripka of Ripco Real Estate Corp., recogni ed
his transaction that brought Barneys back to 107 Seventh
Avenue as the most signi cant retail deal for its overall
characteristics and importance to the ew ork City
retail market. The 57,000-s uare-foot Chelsea retail condo
had originally been home to Barneys before the high-end
department store decamped to Madison Avenue and the
space was leased to Loehmann’s. ears later, when Loehmann’s re uested a lease extension, Ripka helped ownership to reali e the property’s full potential and served as a
reliable industry source for six years throughout the value
o -price retailer’s ups and downs as it continued to pay
only half of what the space could be worth. This relationship proved to be invaluable when Ripka was invited to
sell the building and procured E uity One as the sole
buyer. After securing a Women’s Wear Daily article on the
sale of the property, he was contacted by Barneys about its
interest in moving back to 107 Seventh Avenue via ewmark rubb Knight Frank Retail. Following several series
of negotiations and through steady perseverance, the nine
year ourney concluded after Ripka successfully demonstrated the value of the new lease to all parties involved.
This transaction provided ownership with greater upside
potential, brought Barneys back home to Chelsea, and had
a ma or impact on ew ork City’s retail landscape.
INDUSTRY NEWS
REBNY’S TOP RETAIL DEALS BRING
GLOBAL BRANDS TOGETHER AND A
LUXURY RETAILER BACK HOME
INDUSTRY NEWS
REBNY ROUNDTABLE: INDUSTRY
EXPERTS TALK BIDDING WARS, RENT
STABILIZATION & SOCIAL MEDIA
Downtown Committee event explores hot residential real
estate topics
INDUSTRY PROFESSIONALS WERE GIVEN
THE INSIDE SCOOP on navigating today’s
competitive and tech-savvy real estate market at the Real
Estate Board of ew ork’s (REB
) Annual Downtown
Roundtable Breakfast Discussion on Friday hosted by the
Downtown Committee. Participants spent 20 minutes
learning about, discussing, and asking uestions on a topic,
before moving to the next table to interact with another
expert.
From putting together the perfect board package to
estate sales and the use of social media, we had a dynamic
mix of engaging topics for this year’s roundtable driven by
a crop of ew ork City’s top industry specialists, said
Richard rossman, Co-Chair of REB
’s Downtown
Committee and Executive Vice President Managing
Director for Halstead Property, LLC.
The discussions gave participants the opportunity
to seek advice on the latest trends and challenges in the
market, while gathering new perspective from each
of the speakers to improve upon their own success,
added Concetta Ra , Co-Chair of REB
’s Downtown
Committee and Senior Managing Director for CitiHabitats, Inc.
Topics and speakers were Competitive Bidding by
Richard rossman Preparing Buyers for this Market
by Concetta Ra Time Management by Sara Rotter,
Executive Director for Halstead Property, LLC
sing
Social Media to Help Build our Business by Matt
Leone, Director of Web Marketing Social Media for Terra
Marketing Assignment Assumption of Mortgage by
Craig Price, Es ., of Belkin Burden Wenig
oldman,
LLP Do the Tenants Have to Stay nderstanding Rent
Stabili ation by Jamie Heiberger Harrison, Es ., President
and Founder for Heiberger Associates, P.C. The Perfect
Board Package by Ellen Leon, Senior Managing Director
for The Corcoran roup Estate Sales and Various Trusts
sed to Ac uire Real Estate by Michael J. Romer, Es .,
Partner Founding Member for Romer Debbas LLP.
Richard rossman, Executive Vice President and
Managing Director for Halstead Property covered the
intricacies and process for winning multiple bid situations.
He identi ed the most important aspects of competitive
bidding transparency, communication with all parties
involved, management of expectations, asking uestions,
thoroughly preparing the buyer seller, and getting written
commitment. rossman explained that the agent that is
most transparent and responsive, without giving away their
clients’ secrets, can e ectuate the most successful multiple
bid situation, while maintaining a positive reputation in the
industry.
Concetta Ra , a Senior Managing Director at CitiHabitats, o ered valuable tips on preparing buyers for
today’s market and emphasi ed that the most important
part of the preparation process is getting one’s team and
tools in place. This allows the broker to consult with
buyers and discuss what the process will entail as soon
as they express interest in buying, putting them ahead of
the competition. Ra also stressed the need for brokers
to obtain proof of funds, educate the client, and be as
professional and organi ed as possible.
Sara Rotter, an Executive Director at Halstead Property,
recogni ed time management as the most important skill
for brokers to hone and de ned it as the space between
an action and its outcome. Rotter listed noise, fear, doubt,
and other emotional responses as some of the roadblocks
that can get between an idea and an action a reactive
behavior that is often what causes people to veer o course.
To counter this, she urged attendees to practice more
proactive behavior to accomplish their goals with swiftness.
Matt Leone, Director of Web Marketing Social Media
for Terra Marketing, identi ed the four most important
mediums of social media that brokers should maintain and
consistently communicate through Facebook, Twitter,
LinkedIn, and some form of blogging. He advised brokers
to set aside time every day to interact through these
platforms that their clients are actively engaged with,
noting that this builds trust with existing clients and
fosters a good rapport with potential new clients. Leone
also covered keys to success for using social media in real
estate, such as talking local and becoming a neighborhood
expert, sharing personal successes, and being positive and
consistent with time commitment.
Craig Price, Es . of Belkin Burden Wenig
oldman
spoke about the di erences between the assignment and
the assumption of a mortgage. Complete with a handout
of sample scenarios, Price gave an in-depth explanation of
board package. She put particular emphasis on knowing
as much as possible about the transaction and the people
involved in it, regardless of which side of the transaction you
are on. By doing this, she noted that the chances of one being
unpleasantly surprised at board package time is signi cantly
diminished. Leon also stressed the importance of reading
clients’ tax returns, and knowing what their source of income
is, especially if they work from home.
Michael J. Romer, Es ., Partner Founding Member
for Romer Debbas LLP gave attendees an inside look at
estate sales and the use of various trusts. He emphasized
that a surrogate needs to have an attorney and the owner’s
will, letters testamentary, and estate waiver when acquiring
real estate. Romer also explained how much estate taxes
account for, the di erence between an irrevocable and
revocable trust, and how buying into a trust can protect
one’s identity.
INDUSTRY NEWS
the bene ts of assigning a mortgage, which can generate
a signi cant amount of savings and bene ts for both the
buyer and the seller. He also gave advice speci cally relating
to ew ork State mortgage laws, which can di er among
states in continuing lean deductions, among others.
Jamie Heiberger Harrison, Esq., President and Founder
of Heiberger & Associates, led a discussion on rent
stabilization and how brokers can help an owner or seller
to understand the system. She walked participants through
a wide range of scenarios on the di erences between a
curable and non-curable tenant situation, to how tenant
demographics in uence their likelihood to stay within a
market-rate building, while urging brokers to make sure
that their clients do their due diligence and maintain
consistent records.
Ellen Leon, a Senior Managing Director at Corcoran roup
Real Estate, shared her expertise on how to create the perfect
SHERWOOD EQUITIES TOPS OUT 500
WEST 21ST STREET CONDOMINIUM
ALONG THE HIGH LINE
32 Elegant Residences in the Heart of West Chelsea Will
Offer Great Views in a Lush Garden Setting
DEVELOPER SHERWOOD
EQUITIES has topped out its distinctive new condominium development, 500
West 21st Street, situated directly adjacent
to the High Line in the heart of West
Chelsea. The concrete superstructure
was completed yesterday, and exterior wall
sections will be erected shortly.
Sales started approximately three
months ago, and sales activity has been
brisk. “The level of interest and enthusiasm for this property has been tremendous, says Sherwood president Je rey
Katz, who adds that the residences are
slated for completion in Spring 2015.
Complementing the park ambience of
the High Line, 500 West 21st Street will
o er 2 spacious and elegant, one-tofour-bedroom residences set within a
lush garden landscape with 40-foot-high
trees and mature foliage. The residences
will look out upon the High Line, as well
as the two-century-old neo- othic eneral Theological Seminary nearby, and
the iconic Manhattan skyline, including
the Empire State Building.
The design of 500 West 21st Street,
which includes distinctive “industrial”
features typical of residences built in
Paris and London in the early 20th century, is by international architects Kohn
Pedersen Fox Associates (KPF), under
the direction of Paul Katz. The gardens
are the creation of TriBeCa-based Rees
Roberts Partners LLC, designed as a
response to the proximity of the High
Line.
Mark e , president of his eponymous interior design rm, designed the
building’s interior features, which drew
inspiration from the structure’s exterior
and industrial motif.
“500 West 21st Street presents an
opportunity to own much more than a
remarkable living space,” says Mr. Katz.
“It encompasses the proximity to the
High Line, the excitement of one of
Manhattan’s most vibrant communities,
and the unobstructed views of iconic
landmarks, all of which place these new
residences among the most desirable
that ew ork City has to o er.
Sherwood Equities is a New York
City based, privately held real estate
investment and development company
established in 1952. Long known for its
contribution to the development of Times
Square, Sherwood has become a major
player in the High Line and Hudson Yards
area, as well as other parts of Manhattan.
INDUSTRY NEWS
THE DURST ORGANIZATION AND
THE PORT AUTHORITY OF NY & NJ
SIGN LEASE WITH AD AGENCY KIDS
AT ONE WORLD TRADE CENTER
KiDS will be located on 87th floor, highest occupied
office space in New York City
THE DURST ORGANIZATION
has signed KiDS Creative, LLC to a
15-year, 4,775-s uare-foot, full- oor
lease on the 7th oor of One World
Trade Center.
Headed by founder and chief
creative director Pascal Dangin, KiDS
is an ad agency driven by fearless
creativity with a distinctive strategic
approach. Counting some of the
world’s most in uential brands on its
roster, from Balenciaga, Alexander
Mc ueen and Alexander Wang, to
Lanc me and RCA, KiDS o ers a full
range of advertising and brand strategy
services. The oor will also occupy the
photography and lm departments
of Mr. Dangin’s world-renowned
post-production house, Box, including
a state-of-the-art theatre for private
screenings.
KiDS and One World Trade Center
make a perfect match, said Eric
Engelhardt, Director of One World
Trade Center Leasing at The Durst
Organi ation. KiDS is destined to a
bright future at the top of One World
Trade Center, the world’s most prestigious business address.
KiDS’ 7th- oor setting will be
a highly coveted work environment
that combines unmatched views with
highly exible and adaptive space, he
said. The agency’s tower oor tenancy serves as an ideal complement to
Cond
ast. We expect to sign more
leases with companies in the creative,
media and tech world.
Today’s lease announcement is
further proof that One World Trade
Center will continue to attract worldclass tenants and serve as a center for
obs and commerce in our region, said
Port Authority of
J Director
of World Trade Center Redevelopment
Erik Horvat.
KiDS is about keeping an open
mind, breaking free from the past to
create something new and exciting, and
that’s exactly what One World Trade
Center represents, said Mr. Dangin.
Pascal Dangin instantly recogni ed
the value of 60-degree views witnessed through oor-to-ceiling glass,
said Tara Stacom, executive vice chairman of Cushman Wake eld. He
knew this extraordinary light would
elevate his team’s creative spirit and
productivity. KiDS focused exclusively
on the 7th oor, among the world’s
highest o ce spaces.
Mr. Dangin also recogni ed that
this internationally recogni ed business address enhances KiDS’ own
brand before global customers, she
said. KiDS and Cond
ast form
a critical mass of media and creative
energy, and are ideally suited for
Downtown’s vibrant, 24 7 community.
With the closing of this tower oor
transaction, the iconic, .0-millions uare-foot o ce tower is now 56-percent leased. Tower oors occupy the
64th through 0th oors.
International publishing giant
Cond
ast, the property’s anchor
tenant, is undertaking interior construction for nearly 1.2 million s uare
feet between the 20th and 44th oors.
The space will serve as the company’s
global head uarters.
One World Trade Center will mark
its o cial opening toward the end of
this year when KiDS and Cond
ast
begin to move their personnel into the
building.
China Center ew ork LLC, a division of Vantone Industrial Co., Ltd.,
holds a 202,7 2-s uare-foot lease and
will occupy the entire 65th through
6 th oors, as well as a portion of the
64th oor.
Other tenants include the .S. eneral Services Administration -- leasing
272, 5 s uare feet between oors 50
through 55 -- and Legends Hospitality
roup, which will operate the property’s 75,000-s uare-foot Observatory
set to open in 2015.
Durst is conducting the building’s
global marketing campaign in conunction with Cushman Wake eld,
whose leasing team is led by Ms.
Stacom and includes Alan Stein, James
Searl and Justin Royce, along with Jodi
Pulice of JRT Realty.
One World Trade Center last
year won formal designation as the
hemisphere’s tallest building by the
Height Committee of the Council on
Tall Buildings and rban Habitat, the
entity recogni ed as the nal arbiter of
global building heights.
The building features a comprehensive Marketing Center on the 6 rd
oor. This dynamic venue showcases
the building’s rst-rate features and
amenities, and presents several
furnished, built-out vignettes that
demonstrate the e ciencies of the
property’s column-free space.
The Durst Organi ation o ers a
pre-built build-to-suit program setting
aside a total of 4,000 s uare feet on
the 45th and 46th oors for the small
space re uirements of companies
that recogni e the value of the building’s uni ue stature to enhance their
own brand. Suites with high- uality
nishes will be available for ovember
occupancy in si es ranging from 2,000
to 20,000 s uare feet.
INDUSTRY NEWS
M·A·C COSMETICS TO BEAUTIFY
UNION SQUARE AT FEIL’S 853
BROADWAY
M·A·C COSMETICS is staking a claim
to nion S uare, signing a long-term
lease at 853 Broadway, announced The Feil
Organization, the building’s owner and
manager. The store is expected to open in
time for the holiday 2014 shopping season.
M·A·C Cosmetics will occupy space on the
ground oor, and have a two-level storefront
with 25 feet of frontage along 14th Street, giving it tremendous visibility in the expanding
retail district, says Brian Feil, Vice President
of Leasing for The Feil Organization.
“In recent years, Union Square has become
a new headquarters for style. Other retailers in the area include Nordstrom Rack,
lululemon athletica, an upcoming Reebok Fit
Hub and CrossFit gym, and one of the best
Whole Foods Markets in the country,” says
Feil, who represented the building in the
transaction. “M·A·C Cosmetics is a perfect
complement to that fashionable shopper.”
M A C (Make-up Art Cosmetics), a leading brand of professional cosmetics, was
created in Toronto, Canada, in 1984 and is
part of The Estée Lauder Companies, Inc.
The company’s popularity has grown through a tradition of
word-of-mouth endorsements from makeup artists, models,
photographers and journalists around the world. M·A·C is
now sold in 92 countries/territories worldwide.
M·A·C was represented in the lease transaction by RKF’s
Robert Cohen and Jackie Totolo.
Located at the southwest corner of Broadway and 14th
Street, the 157,000-s uare-foot 5 Broadway is in the heart
of the rapidly growing retail district in and around Union
S uare. Pedestrian tra c totals 50,000 people daily, and
nearly 250,000 consumers visit the nearby nion S uare
Greenmarket weekly. The Union Square subway station is
the fourth busiest in New York City, with more than 34 million riders yearly.
A fa ade renovation for the rst ve oors of the 21- oor
o ce building will be completed in July. In addition, Feil is
upgrading the rest of the storefront around M·A·C.
With a stunning new glass fa ade extending four oors,
this will be a standout building in Union Square,” Brian Feil
adds. The addition of M A C will make it even more of a
landmark in the area.”
ABOUT FEIL
The Feil Organi ation is a private, established commercial
real estate rm head uartered in ew ork City. A powerful
force in real estate for over 60 years, the company owns
and operates a nationwide portfolio of over 26 million
s uare feet of retail and commercial space, and over 5,000
residential rental units. The Feil Organization also maintains
regional o ces in Chicago, ew Orleans, St. Petersburg and
on Long Island.
Photo: Thomas H. Kieren
Where Construction i
W
e’re an honest company,” says Shelby Johnson,
CEO of Theodore Williams Construction Company,
LLC (TWCC), “We’re very down-to-earth.” And it is
perhaps this strong level of trustworthiness that
has catapulted her firm into the success it is today,
having tripled its volume in 2011.
(left and right) Coates Building Lobby Renovation
Having rst oined TWCC in 1 1 as a pro ect manager, Johnson is
now 0 percent owner, and credits her success to making sure all of
the work not only always got done well, but on time. By the end of
my rst two years in the industry, I was doing my boss’s ob, she says.
But that’s not the only reason. The rm, launched in 1 72, was a general
contractor that took on only smaller pro ects. Johnson, however, was
accustomed to running much larger pro ects during her tenure with
ICO Construction. I therefore applied what I learned at ICO
and transformed TWCC into one that could handle the large pro ects, Johnson says. I was able to put together the right kind of team
to handle any si e pro ect. Her success in recon guring the company
enabled Johnson to rise to Vice-President in 1 4, President in 2000,
and then ma ority owner of the rm in 2001.
Photo Thomas H. Kieren
Photo Thomas H. Kieren
n is ‘Down-To-Earth’
“
Smith Barney Executive Suite
Smith Barney Grande Staircase
Executive Boardroom
Key Goals
1
To provide competitive prices to our clients
without compromising quality.
2
To cater to our client’s needs, no matter how minute, and to be available at all times in providing
superior service by our professional staff.
3
To explicitly follow the Architects’/Engineers’
instructions and plans to ensure the integrity of
each project.
4
To maintain the highest standards in the industry
and efficiently manage even the most intricate
and complex projects.
5
To promote an open and fair bidding practice
within the construction industry.
Her ascension in the rm, however, was built upon a foundation that began long before that. Her father was an electrician, and her brother an electrical engineer, so Johnson
believed she could easily enter the eld as well. She rst
applied to college at The Citadel, never reali ing that being
a woman could be a barrier. If I don’t expect there should
be a problem doing something that hasn’t been done before,
people respond to that, and then there usually isn’t any, she
says. Johnson didn’t end up going to The Citadel, but chose
Texas Tech niversity instead, where she earned a Bachelor
of Science in Construction Engineering Technology. Since
then, Johnson has been bestowed with Texas Tech’s highest honor, Distinguished Engineer’ (200 ), and sits on its
Dean’s Council. I am one of only a few women who has
ever received that award, Johnson comments.
She also values those formative years, and therefore appreciates the importance of mentoring others who are considering entering the construction eld. As such, Johnson
mentors high school and college students, providing them
with everything from a full week interning at her company,
Which is paid, she adds. She also participates in the Port
Authority’s mentor prot g program so that all subcontractors, no matter how new, or how small, are given the same
opportunities. And, when called in to speak to women in
other construction companies, she readily imparts the strategies that have helped her achieve success in what she deems
a man’s world’.
I tell them that women should not go into construction
looking to change the rules. This is still primarily a man’s
business, she says. Instead, women need to approach the
industry without the feeling of being di erent due to their
gender. By feeling neutral, and treating men in a neutral
manner coupled with respect, the issue of gender simply
goes away, she says.
All of these ualities have contributed to paving the way
for Johnson to become one of only a handful of successful
women who occupy leadership roles in the construction
industry, which is further exempli ed by the array of notable
The Blackstone Group L.P. Conference Room
RECENT PROJECT COMPLETIONS
PARTIAL CLIENT LIST
345 PARK AVENUE
(More than 32,000 square feet of prestigious commercial/
executive office space)
Alfred P. Sloan Foundation
Bayern Landesbank
The Blackstone Group L.P.
Bristol Myers Squibb Company
Bulgari Corporation of America
Citigroup Global Markets
Estee Lauder, Inc.
Jaros, Baum & Bolles
Jack Resnick & Sons, Inc.
Regus
Reuters of America
Rodney Corporation
Rudin Management Company, Inc.
Tishman Speyer L.P.
450 LEXINGTON AVENUE
(Buildout of 27,000 square feet of high-end commercial/
executive offices)
31 WEST 52ND STREET
(Construction of 45,000 square feet of hi-end commercial/
executive offices)
590 MADISON AVENUE
(Build-out of 30,000 square feet of high-end commercial/
executive offices)
The Blackstone Group L.P. Conference Room
pro ects the rm has completed. Its successful clientele has included everyone from Rudin Management Company, Inc. and Bristol Myers S uibb,
to Citigroup lobal Markets, and Reuters of America, ust to name a few.
And today, as a growing woman-ma ority-owned business, TWCC
takes great pride in a ording women and minority owned companies the
opportunity to service TWCC’s business needs. We give all uali ed
contractors a shot at our business, particularly those that are W MBE
certi ed, since I believe it is the right thing to do, Johnson says. By
all of us working together, she says, We can establish strong business
relationships and promote a stimulating working environment.
It comes as no surprise, therefore, that 0 of TWCC’s new pro ects
come from previous clients, and why Shelby Johnson was named a nalist
in the Ernst
oung Entrepreneur Of The ear 2012 program in the ew
ork region. This award, which recogni es outstanding entrepreneurs
who demonstrate excellence and extraordinary success in such areas as
innovation, nancial performance and personal commitment to their
businesses and communities, re ects the standards of uality and e ciency that the entire rm exudes. This is our primary focus, she says.
Every decision can’t solely be based upon pro t. uality and integrity
are e ually important to us.
PORT RICHMOND
architectural metal & glass
Congratulations Shelby on this
prestigious award !
George d. wade
President
1288 Forest avenue
Staten Island, ny 10302
718-720-1616
We Are Pleased to Honor
Shelby Johnson
a TOP Woman in Design & Construction
GODSELL CONSTRUCTION CORP.
DRYWALL * ACOUSTICAL CEILINGS * RELATED CARPENTRY
351 Duffy Avenue
Hicksville, NY 11801
516-939-0280
www.godsellcc.com
Philip Kaplan Glass and Mirror, LLC
Congratulates
SHELBY JOHNSON
on her selection as a
TOP Woman in Design & Construction
Philip Kaplan Glass and Mirror, LLC
288 Hamilton Avenue • Brooklyn, NY 11231
Ofﬁce # (212) 269-0031 • Fax # (212) 406-4603
[email protected]
DISTRICTS FOR DESIGNERS
FAITH’S
FASHION
FOCUS:
Heaven in the
Hamptons
B
et you thought summer would never come! Even I, the eternal
optimist, had doubts. But it’s here, and it’s time to get thee to the
Hamptons, our own local summer resort. And a number of retailers
and eateries, new and old, also are spending their summers by the sea.
ABOUT THE HAMPTONS
Of course, “The Hamptons” include a number of
towns and villages, some of which are divisions of
each other. The town of Southampton 18 hamlets
and 7 incorporated villages and distinct shopping
and dining districts. The Town of East Hampton,
literally to the east of Southampton, has almost
70 miles of waterfront on three sides (the Atlantic
Ocean to the east and south, and Gardiner’s Bay
to the north), and includes Montauk, Amagansett
and Wainscott. An interesting development in the
last year or so is the growing interest just a bit west
of the traditional divider of The Hamptons the
Shinnecock Canal. More homeowners are buying
in areas including Hampton Bays and uo ue so
expect retail to ourish there in years to come.
By Faith Hope Consolo
Chairman, Retail Leasing
and Sales Division
Prudential Douglas
Elliman
SHOP THE HAMPTONS
Southampton has two main shopping
streets (Main Street and Jobs Lane), with
retailers nding new locations each season.
C. Wonder has opened at 5 Main Street
(as well as 4 Main Street in East Hampton). Bandier o ers luxury workout
apparel, music and even a Bra Bar at 44B.
Lexington Clothing Co. has a new concept store at 46 Main. Stock up on more
beach items at Lisa Perry at 67 Main.
Soludos opened an in-shop bouti ue at 1
Main Street. Find a huge Theory store at
-100 Main Street. Gone Local’s home
goods have relocated from Amagansett to
0 orth Main Street. On Jobs Lane, Cruciani D’s outpost (2 D) has accessories
and ewelry. Find sportswear and beachwear from Maui at Letarte, newly arrived
at 60B Jobs Lane. Dash comes from the
Kardashian family to 64 Jobs Lane.
East Hampton, too, has a couple
of main retail areas, with a number of
newcomers this summer. ewtown
Lane boasts Orlebar Brown’s designer
swimwear and resort apparel at 2 . Zimmermann’s Australian take at beachwear
has come to 27 ewtown Lane. Kate
Spade’s newest shop is at 17 ewtown
Lane. Theory is at 45 ewtown Lane.
La Perla’s ne lingerie is back in town
at 66 ewtown Lane. West/Out East
spotlights West Chin’s collection of home
furnishings at accessories at 25 ewtown
Lane. Take an online spinning class at
home with a bike from Peloton, 5 Main
Street. JANGEORGe expands from Sag
Harbor to a home furnishings showroom
at 55 Main Street. White’s Apothecary
at 1 Main now has estheticians.
Elsewhere, Pink Chicken is moving to
156 Main Street in Amagansett. Keep in
shape at Barry’s Bootcamp, new at 1
Main Street in Amagansett. SurfPanda
has come to 760 Montauk Highway in
Water Mill, sharing the address with a
new West Elm branch. atural fragrance
company LURK is opening its rst retail
store at 2 West Water Street, Sag Harbor.
Samantha Drew Interiors has an
extraordinary amount of home furnishings
at its showroom at Main Street, Westhampton Beach. Blow Hampton brings
the blowout bar phenomenon east at 2462
Main Street in Bridgehampton.
ew or coming soon to Tanger Factory Outlets in Riverhead on the way to
the Hamptons Hartstrings, Vineyard
Vines, Gadgets & Gizmos, and The
Body Shop.
DINE AT THE HAMPTONS
The brand-new Katana Restaurant
and Bar (11 Stearms Point Road, Shelter Island Heights) Thai and Indonesian
cuisine, and a sushi bar. Georgica returns
with a new menu focused on local seafood
at 1 Wainscott Stone Road, East Hampton. Also boasting a new menu is Sienna
at 44 Three Mile Harbor Road in East
Hampton. Bay Kitchen Bar comes
from Eric Mill to
ann Road in East
Hampton. ightclub 1 Oak expands from
ew ork City, Los Angeles and Las Vegas
to 125 Tuckahoe Lane in Southampton.
Longer term, the pper East Side’s Le
Charlot will open a year-round restaurant
at 6 Main Street.
The Harbor Raw Bar & Lounge
is new to Montauk at 44 West Lake
Drive. Cyril’s Fish House (Montauk)
has opened at 2167 Montauk Highway in
Montauk. Craving Chinese Try the new
Red Stixs at 1020 Montauk Highway,
Water Mill. Naturally Good Foods &
Café o ers breakfast, lunch and dinner at
77 Main Street in Montauk. Down the
road, visit Westlake Fish House at 52
West Lake Drive Harlow East comes
from Richie otar with fresh sh and local produce at Long Wharf in Sag Harbor.
Or look for Italian food at Doppio East,
126 Main Street I Sag Harbor.
STAY AT THE HAMPTONS
Book early for a taste of history at the
1708 House (126 Main Street, Southampton), which really does date from
170 Even older, despite its name is the
1770 House at 14 Main Street in East
Hampton, which was a private home
when it was built in 166 . The Maidstone (207 Main Street, Southampton)
is comparatively brand new, dating from
1 40. Families should head to Hartman’s Briney Breezes Motel (6 Old
Montauk Highway, Montauk,
) or the
pet-friendly Maison Blanche (11 Stearns
Point, Shelter Island). The Montauk
Yacht Club ( 2 Star Island Road, Montauk), Southampton Inn ( 1 Hill Street,
Water Mill) and Surf Lodge (1 South
Edgemere Street, Montauk) remain classic. And always, always consider a stay at
Gurney’s Inn Resort and Spa, 2 0 Old
Montauk Highway in Montauk.
Happy Summer and Happy Shopping
Congratulations
Shelby Johnson
MASONRY • PLASTER • FIREPROOFING • CONCRETE
125 Verdi Street, Farmingdale, NY 11735
T: 631.847.0185 | F: 631.847.0054
full page ad.qxp
1/29/2009
10:58 AM
Page 1
Congratulations
to the
Honoree
Congratulations
SHELBY JOHNSON
Shelby Johnson
Theodore Williams
Construction Company, LLC.
For the Honor of
Top Woman in Design & Construction
MTD CORP.
AR CHI TECTU RAL WO O DWO RK
Est. 1983
TRICO ELECTRIC CORP.
TRICO ELECTRIC CORP.
LICENSED ELECTRICAL CONTRACTORS • ENGINEERS
LICENSED ELECTRICAL CONTRACTORS + ENGINEERS
41 Otis Avenue
West Babylon, NY 11704
(631) 491-3905
www.MTDwoodwork.com
PETER TRILIVAS
CHARLES TRILIVAS
495 GRAHAM AVENUE • BROOKLYN, NEW YORK 11222 • (718) 853-7070 • FAX (718) 853-2544
495 GRAHAM AVENUE • BROOKLYN, NEW YORK 11222 • (718) 853-7070 • FAX (718) 853-2544
Congratulations to
Congratulations
TOP Women in
Design and Construction
from your friends
at Premier Electric
Shelby Johnson
SHELBY
Mac Felder, Inc.
Plumbing Contractors Since 1936
Certified Women Owned Business
Amy Breslaw, CEO
212-877-8450
610 Eleventh Avenue
New York, NY 10036
PREMIER ELECTRIC INC.
130 W. 29th Street, Suite 3F, New York, NY, 10001
TEL: (212) 868-5500
www.premierelectric.us
Calendar of Events
JUNE-SEPTEMBER 2014
JUNE
AUGUST
Sunday, June 22-Tuesday, June 24, 2014
Thursday, August 7, 2014
BOMA International Every Building Conference & Expo
12:00 AM
Orlando, FL
The most comprehensive education conference in the industry.
Expert-led sessions offer the opportunity to increase knowledge,
build skills and earn continuing professional development credits
while addressing the topics and issues that are vital to your success.
Lessons Learned - Boston Marathon Bombing
8:00 a.m. Registration & Breakfast; 8:30 - 10:30 a.m.
Program
Club 101, 101 Park Avenue at 40th Street
There is something for all of us to learn at our August 7th seminar
tailored specifically for commercial real estate using real life examples
from our colleagues in the Boston area. Look for more details soon
on this opportunity to learn critical skills for the new security
paradigm.
Friday, June 27, 2014
AREW - NYCREW Joint Event
8:00 – 9:30 a.m.
Visit www.arew.org for more information
July
Thursday, July 10, 2014
CREW Coffee
8:00 am - 9:30 am
September
Wednesday, September 30-Friday, October 3, 2014
2014 CREW Network Convention & Marketplace
8:00AM
Loews Miami Beach Hotel
Saturday, July 12, 2014
Midtown Manhattan: Modernism Evolving - Crosstown
Section: 53rd St. East to West
10:30 AM - 1:00 PM
View a variety of classic Modern, late Modern and Postmodern
designs by SOM, Philip Johnson, Edward Larrabee Barnes, Eero
Saarinen, Kevin Roche, Kohn Pederson Fox and others. Highlights
include Lever House, the Seagram Building, Citicorp Center, the CBS
Building, and the Museum of Modern Art’s multi-building complex.
Smaller gems like the former American Folk Art Museum, the
Austrian Cultural Institute and Paley Park are also included.
Congratulations
Shelby Johnson
Wednesday, July 16, 2014
Leading Ladies in Real Estate: Breakfast Series
8:30 am - 10:00 am
Akerman Senterfitt, 666 5th Avenue, 20th Floor
Wednesday, July 23, 2014
See New York City’s Financial District Like You’ve Never
Seen it Before
4:00 pm - 7:00 pm
Atrium of the Deutsche Bank Building at 60 Wall Street (in front of
Starbucks)
Techno Acoustics Holdings LLC
5885 57th Street
Maspeth, NY 11378
Tel 718-784-3730
www.technoacoustics.com
NATIONAL INTERIORS INC.
Congratulations
to
Shelby Johnson
LARSEN-RUGGIERO MECHANICAL CORP.
12 Cross Street
Staten Island, NY 10304
212-925-7501
145 PALISADE STREET
DOBBS FERRY, NY 10522
Tel: (914) 478-9200
Fax: (914) 478-9199
www.nationalinteriorsinc.com
Congratulations
To This Year’s Top Woman
in Design & Construction
Honoree
Shelby Johnson
ADCO Electrical Corporation is a full-service Electrical and
Telecommunications services firm providing a range of
solutions designed to assist our clients in today’s rapidly
changing environment.
Congratulations Shelby Johnson
Top Woman in Design
& Construction 2014
Main Office:
Scholes Electric
Elmsford Office:
12 Hunter Lane
201 Edward Curry Ave
& Communications
Elmsford, NY 10523 Staten Island, NY 10314 1021 Centennial Ave
T. 718.494.4400
Piscataway, NJ 08854
T. 914.347.0005
F. 718.494.2947
T. 732.562.1900
F. 914.347.0009
F. 732.562.0900
CONTRACTORS
MNS Brooklyn Rental Market Report April 2014
Brooklyn Rental Market Report April 2014
A QUICK LOOK
Overall rents increased slightly compared to last month, rising 1.09% from $2,635 in March to $2,664 in April. This marks the first month since January
that overall rental pricing in Brooklyn changed more than one percent. It can be expected that incoming rental inventory throughout Brooklyn in the
coming months will have an upward effect on pricing
Most notably, average rent prices jumped up 9.43% from this time last year from $2,434,27 to $2,663.93.This is due to a growing demand and supply
of luxury Studio and One-Bedroom units in neighborhoods like Bedford-Stuyvesant and Boerum Hill. Pricing for studios increased 45.40% in BedfordStuyvesant and 59.23% in Boerum Hill since the previous year.As new developments continue to be built in Brooklyn neighborhoods, we can expect to
continue to see a steady rise in price for these types of units.
Bedford-Stuyvesant again saw the highest increase in pricing this month relative to the rest of Brooklyn. Each unit type pricing increased: Studio units in
Bedford-Stuyvesant increased 21.6%, One-Bedroom units increased 5.2%, and Two-Bedroom units increased 6.0% since April of last year. The increase in
studios is due to four new units on the market off of Greene, Franklin, Park, and Marcus Garvey Boulevard.
Now that spring rental season has officially begun, we can expect to see a high influx and turnover of these types of units in Brooklyn.
Notable Trends
Building (Average Prices)
Type
Most Expensive
Least Expensive
Studios
DUMBO 2,758
PLG $1,308
One-Bedrooms
DUMBO $4,160
Bay Ridge $1,525
Two-Bedrooms
DUMBO $5,239
Bay Ridge $2,014
$
MNS Brooklyn Rental Market Report April 2014 page 4
Gramercy Park I Chelsea I Williamsburg
mns.com
A QUICK LOOK
Year Over Year Price Change
By Neighborhood
> 10% Change
5.5% - 10% Change
4.0% - 5.4% Change
< 4.0% Change
3.3%
Greenpoint
Clinton Hill
Fort Greene
3.2%
Williamsburg
Downtown Brooklyn
DUMBO
1.1%
Brooklyn Heights
3.0%
Cobble Hill
9.0%
8.0%
Bushwick
N/A
4.8%
10.3%
3.5%
21.1%
Bed-Stuy
Boerum Hill
2.1%
Park Slope
10.3%
Crown Heights
2.7%
Prospect Lefferts
Gardens
10.5%
Bay Ridge
Brooklyn Rents: April 2013 vs. April 2014
Type
April 2013
Studios
$
One-Bedrooms
$
Two-Bedrooms
$
April 2014
1,863
$
2,406
$
3,190
$
Gramercy Park I Chelsea I Williamsburg
Change
2,129
14.3%
2,566
6.6%
3,297
3.3%
MNS Brooklyn Rental Market Report April 2014 page 8
mns.com
BROOKLYN PRICE TRENDS
Studio Price Trends Over 13 Months
2,200
2,025
1,850
1,675
1,500
Apr
1,863
May
1,879
Jun
1,894
Jul
1,917
Aug
1,980
Sep
2,010
Oct
2,082
Nov
2,061
Dec
2,041
Jan
2,069
Feb
2,030
Mar
2,030
Apr
2,129
Aug
2,501
Sep
2,528
Oct
2,574
Nov
2,485
Dec
2,469
Jan
2,515
Feb
2,527
Mar
2,544
Apr
2,566
Aug
3,316
Sep
3,410
Oct
3,439
Nov
3,304
Dec
3,237
Jan
3,267
Feb
3,335
Mar
3,331
Apr
3,297
One-Bedroom Price Trends Over 13 Months
2,600
2,463
2,325
2,188
2,050
Apr
2,406
May
2,438
Jun
2,420
Jul
2,456
Two-Bedroom Price Trends Over 13 Months
3,600
3,425
3,250
3,075
2,900
Apr
3,190
May
3,192
Jun
3,251
Jul
3,320
MNS
I
I
page 10
mns.com
MNS Manhattan Rental Market Report April 2014
Manhattan Rental Market Report April 2014
A QUICK LOOK
Rent prices in Manhattan rose by approximately 1% from $3,806 in March to $3,842 in April. Similarly, rent prices in Manhattan
increased only 1.1% compared to April of 2013 from $3,800. Listing inventory increased 15% compared to last month from 6,696
to 7,676. This reflects an increase in marketing units in preparation for the anticipated increase in spring seasonal move-ins. We can
expect to continue to see a high number of units coming to market and high turnover of these units over the next two months.
Additionally, the ratio of Non-Doorman units to Doorman units rose slightly from the previous month as the percentage of NonDoorman units increased from 37.7% to 44.1% and the percentage of Doorman units fell from 62.3% to 55.9%.
The largest upswing since the previous month and since April of 2013 was seen in Harlem. Overall rents jumped 7.4% from $2,353
in March to $2,528 in April and rose 13.9% from $2,220 in April of last year to $2,528 this year. All unit types, except Non-Doorman
Studios, increased in price this month. Most notably Doorman One-Bedrooms jumped 14.6% to $2,967, the fourth consecutive month
prices rose for this unit type. This upwards trend is most likely due to an increasing number of new development units with doorman
amenities located upwards of 110th Street. As the NYC real estate market rebounds, Manhattan rent prices will continue to increase
and current tenants will look towards the outer neighborhoods for lower rents.
The largest increase in listing inventory was in Upper East Side where 747 new units came to market, an 86.4% increase in inventory
from last month. These new units were probably listed in preparation for the spring seasonal increase in demand.
page 4
I
I
mns.com
A QUICK LOOK
Notable Trends: Manhattan Highs and Lows (Average Prices)
Type
Most Expensive
Least Expensive
Non-Doorman Studios
TriBeCa $4,350
Harlem $1,506
Non-Doorman One Bedrooms
TriBeCa $6,325
Harlem $1,942
Non-Doorman Two Bedrooms
TriBeCa $7,130
Harlem $2,590
Type
Most Expensive
Least Expensive
Doorman Studios
TriBeCa $3,668
Harlem $2,276
Doorman One Bedrooms
SoHo $5,316
Harlem $2,967
Doorman Two Bedrooms
SoHo $8,911
Harlem $3,888
Where Prices Decreased (monthly)
Battery Park City
Doorman One-Bedroom -3.0%
Harlem
Non-Doorman Studios -6.2%
Chelsea
Non-Doorman Two-Bedroom -0.2%
Lower East Side
Doorman Studios -9.0%
East Village
Financial District
Non-Doorman One-Bedroom -2.5%
Gramercy
Doorman Two-Bedroom -1.8%
Greenwich Village
Midtown East
Midtown West
Murray Hill
SoHo
Tribeca
Upper East Side
Doorman Two-Bedroomb-2.4%
Non-Doorman Studiosb-7.0%
Upper West Side
page 5
www.sokolmediaonline.com
• 27
I
I
mns.com
A QUICK LOOK
Where Prices Increased (monthly)
Battery Park City
Doorman Studios 1.3%
Doorman Two-Bedroom 0.3%
Gramercy
Non-Doorman Studios 4.2%
Doorman One-Bedroom 5.8%
Chelsea
Non-Doorman One-Bedroom 2.4%
Greenwich Village
Non-Doorman Two-Bedroom 12.1%
East Village
Financial District
Harlem
Lower East Side
Midtown East
Midtown West
Murray Hill
SoHo
Tribeca
Upper East Side
Upper West Side
page 6
I
I
mns.com
A QUICK LOOK
By Neighborhood
> 4.0% Change
13.9%
Harlem
1.6% - 3.9% Change
0.5% - 1.5% Change
< 0.4% Change
Upper
West Side
W
Centra
rall
Park
2.0%
Midtown West
W
Upper
East Side
-2.5%
-5.4%
-0.8%-
Midtown East
2.9%
Chelsea
-0.4%
3.2%
Gramercy Park
6.5%
2.8%
Greenwich Village
SoHo
Murray
ay Hill
-2.2%
0.9%
Battery Park City
Batt
Lower East Side
-3.4%
TriBeCa
8.1%
Financial
District
East Village
V
4.0%
2.9%
Financial District
Manhattan Rents: April 2013 vs. April 2014
Type
April 2013
April 2014
Non-Doorman Studios
$
Non-Doorman One Bedrooms
$
Non-Doorman Two Bedrooms
$
Type
April 2013
April 2014
Doorman Studios
$
Doorman One Bedrooms
$
Doorman Two Bedrooms
$
2,395
$
3,138
$
4,382
$
Change
2,481
3.6%
3,216
2.5%
4,215
3.8%
2,797
$
3,915
$
6,029
$
Change
2,889
3.3%
4,009
2.4%
6,062
0.6%
page 10
I
I
mns.com
Beautiful from the inside out. . .
Designed for life...
The ultimate in design
flexibility and installation versatility
Miele’s Independence™ refrigeration series is beauty
to behold, with its modular design, seamless integration
and ClearView lighting™ system. Featuring self-adjusting
temperature and humidity controls, Miele refrigerators and
cooling systems preserve full flavor and nutritional value of
your foods, while complementing your design style perfectly.
Miele believes that quality without ease of use is no quality
at all. Designed for precise performance, easy operation
and superior functionality, Miele delivers the ultimate in
customer satisfaction.
150 PRICE PARKWAY, FARMINGDALE, NY • 800-368-6869
email: [email protected] • FAX: 800-479-0336
4 DISTRIBUTION CENTERS IN THE NORTHEAST
FARMINGDALE, NY • CARTERET, NJ • BRIDGEPORT, CT • GLEN BURNIE, MD

Top Women in Design and Construction

Transcription

Similar documents

North Aire Apartments - University of Wisconsin

Gimme Shelter: Porte-cochères Revived As Sexy NYC Condo Status

The Roof @ SNAP Studios

artists - City of Vancouver Home

Eugenie Terrace

Safe Summer Nights Flyer

NEWS RELEASE

Abode 08_11.indd - Metropolitan Builders Association

Sound Design - Trebas Institute

AS studentski domovi.indd