NYREJ Daily RE Cap

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November 24, 2015
New York City
Cohen and Warren of TerraCRG complete $50 million sale; Purchased by Adam America, Slate and China Vanke
Brooklyn, NY TerraCRG has completed the sale of 10 Nevins in the downtown area neighborhood. Ofer Cohen and Melissa Warren’s TerraCRG team were the sole brokers. A partnership of Adam America, Slate Property Group and China Vanke were the buyers. The site sold for $50 million.
For complete story, click here.
Design/Build
QBS: Choosing experienced firms for public projects – by Jay Simson
Qualifications-Based Selection (QBS), a procurement process widely used throughout the state and the country, designates superior qualifications and experience as the paramount basis for selecting engineering and architectural professionals for public facilities projects. 
For complete story, click here.
Long Island
Friedman and Chhabra of Besen secure $6.25 million sale on behalf of seller, TMK Realty 1 and buyer, Kahen Properties
Manhattan, NY Besen & Associates arranged the sale of 377 First Ave., located in Gramercy Park on the northwest corner of 22nd St. and 1st Ave. next to Peter Cooper Village. Besen & Associates brokers Joseph Friedman and Ishan Chhabra represented the buyer, Kahen Properties and the seller, was TMK Realty 1 LLC.
For complete story, click here.
NYC Retail
The value proposition of today’s retail property management firm – Part I – by Pliskin
Based on current research, strip shopping centers in the U.S. have been holding their own in 2015. The market is strong, but property managers and owners still face challenges in keeping spaces leased as a result of changing retail market dynamics and other causes. 
For complete story, click here.
Blast from the Past: August 24, 2010
Shown in front (from left) are: Anderson, Bloomberg and Paterson. Photo credit: Spencer Tucker.
New York, NY Mayor Michael Bloomberg, governor David Paterson and Delta Air Lines CEO Richard Anderson unveiled plans for the redevelopment and expansion of the Delta Air Lines Terminal 4 at John F. Kennedy International Airport (JFK). Work on the $1.2 billion project, which was recently approved by the Port Authority of New York & New Jersey, will begin this September and create a new space for the airline and 10,000 jobs over the next three years; and also further establish the city as a major tourist destination. 
Comments, questions, feedback?
Professional Profile
November 24, 2015
Name: Chris Jahn
Title: Associate, Senior Project Manager
Company: SWBR
Location: Rochester, NY
Birthplace: Macomb, IL
Education: Master of Architecture – University of Illinois
First job outside of real estate:  Lifeguard, Little League Umpire
First job in real estate or allied field:  Intern architect
What do you do now and what are you planning for the future? As my career advances and my family matures, I’m looking to get more engaged in my community – assisting where my expertise can be of value.
How do you unwind from a busy day in real estate Architecture? Unwind? Not sure what this means.  I usually crash not too long after the kids go to bed.
Favorite book or author: David Foster Wallace – “Infinite Jest”
For complete story, click here.
New York Minute
How many years have you been attending the ICSC NY National DealMaking Conference and how are you preparing for this year's event?
I've been attending the conference for over 10 years now. I'm in the process of filling my schedule with show floor appointments, dinners and, of course, Bohler's annual After Hours event.
Joseph A. Deal, PE, Principal, Bohler Engineering
Click here to answer today's question!
New England Real Estate Journal
© 2015, East Coast
Publications, 17 Accord Park Drive, Suite 205, Norwell, MA 02061. All
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