Hudson River

Madison Realty Capital Originates $133 Million Mortgage Loan for 379-Unit Hotel in Manhattan’s Hudson Yards

Retrieved on: 
Thursday, February 29, 2024
DSM, Pennsylvania Station, Port, Transport, Javits Center, Hudson Yards, Hudson River, 34th Street

NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has originated a $133 million mortgage loan to an affiliate of Marx Development Group for the completion of a 51-story, 379-key full-service luxury hotel located at 450 Eleventh Avenue in the Hudson Yards neighborhood of Manhattan.

Key Points: 
  • NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has originated a $133 million mortgage loan to an affiliate of Marx Development Group for the completion of a 51-story, 379-key full-service luxury hotel located at 450 Eleventh Avenue in the Hudson Yards neighborhood of Manhattan.
  • Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital, said, “We are pleased to provide flexible financing to Marx Development, a repeat borrower and established developer with a vast portfolio spanning multiple asset classes.
  • Hudson Yards is one of Manhattan’s most dynamic neighborhoods, rapidly evolving into a business epicenter surrounded by an abundance of restaurant and retail opportunities.
  • Upon completion, the hotel will comprise a unit mix of 61 double queens, 267 kings, 41 king corner suites, four luxury suites, and six luxury duplex suites with unobstructed views of the Hudson River.

Soloviev Group Signs Tikehau Capital to Long Term Lease at 9 West 57th Street

Retrieved on: 
Thursday, March 7, 2024
Commercial Building & Real Estate, Construction & Property, Building Systems, Alberto Giacometti, Solovyov, Apollo, Multimedia, Loews Corporation, CBRE, Pleasure, Long Island Sound, Tenant, SOM, Avison Young, Coffee, Hudson River, Skidmore, Owings & Merrill, Environment

This long-term lease marks a major milestone for Stefan Soloviev, chairman of the Soloviev Group, who predicted the building would reach full occupancy during a live interview less than a year ago.

Key Points: 
  • This long-term lease marks a major milestone for Stefan Soloviev, chairman of the Soloviev Group, who predicted the building would reach full occupancy during a live interview less than a year ago.
  • “It just goes to show you that we have something special going on at 9 West 57th Street.
  • I truly believe that 9 West 57th Street is the best commercial building in the world.
  • 9 West 57th Street, which is owned and managed by the Soloviev Group, also serves as its corporate headquarters.

Transformative Plan Unveiled to Save America's Flagship, The SS United States

Retrieved on: 
Thursday, November 2, 2023
MCR Hotels, Pier 57, Protected area, Flagship, Optimism, Perkins Eastman, Food, History, Coronavirus, Javits Center, TWA Flight Center, Gibbs & Cox, HLW, Engineering, WWII, City, John F. Kennedy International Airport, Transport, RXR, Economic development, Jet Age, MCR, Tourism, Hudson River, SS United States

NEW YORK, Nov. 2, 2023 /PRNewswire/ -- The SS United States, America's Flagship, could return home to New York as a transformative economic development project unveiled today by the SS United States Conservancy, the owner of the famed vessel.

Key Points: 
  • Redevelopment Would Generate Thousands of Jobs, Acres of Open Green Space, and Significant Economic Benefits
    NEW YORK, Nov. 2, 2023 /PRNewswire/ -- The SS United States, America's Flagship, could return home to New York as a transformative economic development project unveiled today by the SS United States Conservancy , the owner of the famed vessel.
  • During her storied service career, the SS United States smashed the transatlantic speed record in 1952 using only two-thirds of her power, a record that has never been broken.
  • The release of a redevelopment plan comes at a time when the SS United States is in peril.
  • "The SS United States symbolizes the nation's ambition and innovation.

MedAllies Earns Great Place To Work Certification™

Retrieved on: 
Thursday, November 2, 2023
Department of the Army Civilian Service Achievement Medal, Hudson River, Great Places, Certification, Management, Great

FISHKILL, N.Y., Nov. 2, 2023 /PRNewswire/ -- MedAllies, a national healthcare connectivity services provider, announced today that it has been Certified™ by Great Place To Work®.

Key Points: 
  • FISHKILL, N.Y., Nov. 2, 2023 /PRNewswire/ -- MedAllies, a national healthcare connectivity services provider, announced today that it has been Certified™ by Great Place To Work®.
  • This year, 87% of employees said MedAllies is a Great Place To Work – 30 percentage points higher than the average U.S. company.
  • "MedAllies is honored to be Great Place To Work-Certified™ as we place a high value on creating a positive work experience for all team members," said Meredith Stein, Human Resources Director, MedAllies.
  • "Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience," says Sarah Lewis-Kulin, the Vice President of Global Recognition at Great Place To Work.

RAND Launches Building Design Group, Offering Comprehensive Services for Complex Projects

Retrieved on: 
Wednesday, November 1, 2023
MEP, Domestic violence, Hudson River, Local Law 97 of 2019, Engineering, CEM, Heart, CBCP, Floating Hospital, Local, Carbon, Engineer, Architect, DPC, RA, Tenant, AIA, Health education, PE, Mechanical, Tuck, Electricity, High Line, Construction, Retail, Plumbing

NEW YORK, Nov. 1, 2023 /PRNewswire-PRWeb/ -- RAND Engineering & Architecture, a New York City-based firm, is proud to announce the launch of its Building Design Group, a specialized team of experts dedicated to providing comprehensive solutions for complex projects, including adaptive reuse, multi-disciplinary endeavors, gut renovations, and new construction. Led by Principal Peter Varsalona, PE, CEM, CBCP, who brings over 30 years of experience to the team, and Director of Design & Project Management Suzanna Takayama, RA, RAND's Building Design Group offers a multi-faceted blend of architectural design, structural engineering, MEP systems integration, sustainability solutions, forensic engineering, and project management.

Key Points: 
  • RAND Engineering & Architecture, DPC announces the launch of its Building Design Group, a specialized team of experts dedicated to providing comprehensive solutions for complex projects, including adaptive reuse, multi-disciplinary endeavors, gut renovations, and new construction.
  • NEW YORK, Nov. 1, 2023 /PRNewswire-PRWeb/ -- RAND Engineering & Architecture, a New York City-based firm, is proud to announce the launch of its Building Design Group, a specialized team of experts dedicated to providing comprehensive solutions for complex projects, including adaptive reuse, multi-disciplinary endeavors, gut renovations, and new construction.
  • The Building Design Group offers a wide array of services with a particular emphasis on adaptive reuse and multi-disciplinary projects.
  • RAND's services encompassed architectural design, interior design, structural engineering, MEP (Mechanical, Electrical, Plumbing) systems, Special Inspections, and Code and Zoning Compliance.

MORE THAN 25% OF CONDOMINIUM HOMES UNDER CONTRACT AT THE DAYMARK ALONG THE HUDSON RIVER IN SLEEPY HOLLOW, NY

Retrieved on: 
Tuesday, October 24, 2023
Elegance, Cookfox, DeCicco, Water, Biophilic design, LG, Architecture, Grand Central, Glass, Aktiv, Metro-North Railroad, Transport, Marketing, Hines, Restaurant, Walking, Community, Walkability, Philipse Manor, Collection, Success, Alfresco, Hotel, Real estate, Hudson River, Cove, Daymark

The notable sales milestone reflects The Daymark's broad appeal to discerning homebuyers who are responding to the property's unique blend of a waterfront setting, unrivaled amenities, and a location that seamlessly marries historic village charm with a vibrant, walkable community -- all while offering convenient proximity to New York City just 25 miles south by train or car.

Key Points: 
  • These buyers all share a recognition of the intrinsic value and timeless appeal of embracing life along the water.
  • "It's difficult to find new-construction waterfront properties in today's market, and everyone wants to be on the water," said Ms. Stroub.
  • The Daymark offers that, along with modern amenities and a sophisticated elegance that our clients are looking for."
  • For more information on The Daymark and to schedule your private visit to the community's Sales Gallery, visit www.thedaymark.com or call 914.732.2222.

The Inner Circle Acknowledges, J. Carl Haggerty as a Top Pinnacle Professional for his contributions to the field of Brand Strategy Conservancy

Retrieved on: 
Wednesday, October 11, 2023
Guest appearance, USVI, Cat, Hudson River, Haggerty, Organization, Education, Love, Growth, Cornell University, Philosophy, Athlete, Inner circle, Ithaca College

YONKERS, N.Y., Oct. 11, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, J. Carl Haggerty is acknowledged as a Top Pinnacle Professional for his contributions to the field of Brand Strategy Conservancy.

Key Points: 
  • YONKERS, N.Y., Oct. 11, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, J. Carl Haggerty is acknowledged as a Top Pinnacle Professional for his contributions to the field of Brand Strategy Conservancy.
  • Mr. Haggerty currently works at Prive International where he is involved in various companies offering a range of products and services.
  • He specializes in developing brand strategies for clients, while Quantum International focuses on business management and connections, and NetRep, LLC facilitates connections and contracts at the highest level.
  • He enjoys being surrounded by his wife, two children, six grandchildren, and three cats n in his home in Yonkers, overlooking the Hudson River.

Developers Mark Project Milestones at Edge-on-Hudson As Demand Soars for the Mixed-Use Waterfront Community

Retrieved on: 
Tuesday, September 5, 2023
Grand Central, Village, Metro New York, LEED, Hines, Daymark, Beer, DeCicco, SLEEPY, Toll Brothers, Biophilic design, Walking, Site, Philipse Manor, Metro-North Railroad, Glass, Industrial design, Rail transport, Hudson River

SLEEPY HOLLOW, N.Y. , Sept. 5, 2023 /PRNewswire/ -- Edge-on-Hudson, the mixed-use, transit-oriented community rising along the banks of the Hudson River in Sleepy Hollow, NY, has achieved a series of milestones as the project expands construction to meet demand. Four years since home sales began on the expansive 70-acre site along the waterfront, the development has proved to be among the most sought-after in the Metro New York region. In its first phase, all condominium residences by Toll Brothers sold-out prior to construction, as did nearly all of the 92 townhomes offered. More than 98% of the 425 apartment residences at Edge-on-Hudson have been leased. Moving swiftly into its second phase, the master development team of Biddle Real Estate Ventures (BREV) and PCD Development announced a series of new retail and residential construction projects on-site.

Key Points: 
  • The Sales Gallery for waterfront condominium residences at The Daymark opened in July.
  • This new neighborhood borders both Kingsland Point Park and the new Tappan Zee Park and features park and river views.
  • The Daymark will also include more than 9,000 square feet of retail space, featuring the first waterfront restaurant in the community.
  • Phase 1 of the new Sleepy Hollow RiverWalk at Edge-on-Hudson was recently completed and deeded to the Village of Sleepy Hollow.

HGK Asset Management announces corporate name change to Hudson Edge Investment Partners

Retrieved on: 
Tuesday, September 5, 2023
Finance, Banking, Professional Services, Other Professional Services, Asset Management, Hudson, CIO, Partnership, Hudson River, Taft–Hartley Act, History, HGK, Water, Geography, Cryptocurrency, Atlantic Ocean

HGK Asset Management, a New Jersey-based asset manager, is pleased to announce a new name for the firm—Hudson Edge Investment Partners—effective August 31, 2023.

Key Points: 
  • HGK Asset Management, a New Jersey-based asset manager, is pleased to announce a new name for the firm—Hudson Edge Investment Partners—effective August 31, 2023.
  • “The name ‘Hudson Edge Investment Partners’ reflects both our geography and the edge we seek as an institutional asset manager,” said Michael Pendergast, CEO and CIO, who has been part of the firm since its founding in 1983.
  • Its investment strategies include value-focused U.S. equities, core bonds, and—in partnership with London-based Trinity Street Asset Management—international equities.
  • While the name change has no ramifications for clients, investors may continue to see the name HGK Asset Management on some investment platforms for a short time while systems update to the new name.

All Aboard the SS evian! A First-of-its-Kind US Open Waterside Finals Experience with evian®, the Official Water of the US Open

Retrieved on: 
Tuesday, August 22, 2023
U.S. Open, Partnership, Tennis, Fouad Abiad, Circle Line, Billion Oyster Project, Beauty, SS, A-League Men Finals, Love, Water, Hudson River, Evian, Tourism

NEW YORK , Aug. 22, 2023 /PRNewswire/ -- With summer in full swing and temperatures at their peak, evian® natural spring water, the official water of the US Open, is hydrating tennis fans - waterside - aboard the first-ever SS evian viewing experience. During the historic New York sporting event, the SS evian will cruise along the Hudson River on the legendary Circle Line, celebrating the longstanding partnership between the US Open and evian, while uniting the love for tennis, the essential role hydration plays in propelling the sport to even greater heights, and the beauty of the city that hosts the tournament.

Key Points: 
  • "I'm excited to captain the SS evian, featuring New York City's first floating tennis court and a truly innovative fan experience.
  • Want to come on board the SS evian for a one-of-a-kind, premium viewing experience?
  • "We are thrilled to embark on this extraordinary experience aboard the SS evian, in partnership with the legendary Maria Sharapova.
  • For more information and to secure your spot on the SS evian, please visit https://www.circleline.com/sightseeing-cruises/events/ss-evian .