First Avenue

Soloviev Group Appoints Hon. Michael Balboni as Safety and Security Advisor for Freedom Plaza

Retrieved on: 
Tuesday, March 19, 2024

Michael Balboni , former Deputy Secretary for Public Safety and Homeland Security Advisor for New York State who serves as President and Managing Director of RedLand Strategies, to the role of Safety and Security Advisor for Freedom Plaza .

Key Points: 
  • Michael Balboni , former Deputy Secretary for Public Safety and Homeland Security Advisor for New York State who serves as President and Managing Director of RedLand Strategies, to the role of Safety and Security Advisor for Freedom Plaza .
  • “We are honored to add Michael Balboni’s wealth of knowledge and deep expertise to our team,” said Michael Hershman, CEO of the Soloviev Group.
  • “Joining the Soloviev Group and Mohegan in their effort to secure the New York downstate gaming license for Freedom Plaza is a privilege,” said Mr. Balboni.
  • To date, Soloviev Group has garnered support from more than 10,000 Manhattan residents and 250 local small businesses for its community-driven, mixed-use development and publicly accessible open space plan, Freedom Plaza.

Steve Kassin’s Infinity Real Estate Provides a Senior Loan for the Acquisition of 169 First Avenue in Manhattan, NY

Retrieved on: 
Wednesday, November 15, 2023

Infinity Real Estate originated a $2,500,000 floating-rate senior loan as part of a larger purchase and recapitalization of both 169 1st Avenue and 171 1st Avenue in Manhattan.

Key Points: 
  • Infinity Real Estate originated a $2,500,000 floating-rate senior loan as part of a larger purchase and recapitalization of both 169 1st Avenue and 171 1st Avenue in Manhattan.
  • Originally, in 2019, a partnership between BridgeInvest and Infinity originated a $12,000,000 financing package secured by the adjacent mixed-use properties.
  • Both properties were recently sold, providing the opportunity for BridgeInvest and Infinity to redeploy their capital, and for Infinity to independently issue a new senior loan for the purchaser of 169 1st Avenue.
  • Infinity Real Estate has been originating and investing in commercial real estate debt and preferred equity since 2009, with a focus on quality borrowers, quality assets, and quality locations wherein Infinity has an existing portfolio footprint.

Sondhelm Partners Continues Winning Streak at Hedgeweek US Awards 2023

Retrieved on: 
Monday, October 30, 2023

NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Sondhelm Partners, a leader in helping boutique asset managers raise capital and build brands, proudly announces its latest triumphs at the Hedgeweek US Awards 2023 .

Key Points: 
  • NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Sondhelm Partners, a leader in helping boutique asset managers raise capital and build brands, proudly announces its latest triumphs at the Hedgeweek US Awards 2023 .
  • Additionally, Sondhelm Partners clinched a strong third place in the Best PR & Marketing Firm category.
  • “Navigating capital raising and brand building stands as formidable challenges for many hedge fund managers,” said Dan Sondhelm, CEO of Sondhelm Partners.
  • The firm faced formidable competitors like Agecroft Partners, Boldwater Partners, Clearglass Capital Partners, Crawford Ventures, Eureka Capital Partners, First Avenue, PJT Park Hill, and The Far Hills Group.

Freedom Plaza Announces Community Reinvestment Fund to Contribute Financial Support Each Year for the Fulfillment of Local Needs

Retrieved on: 
Tuesday, October 24, 2023

The administration, direction, allocation, and distribution of the fund will be independent of Freedom Plaza and overseen by a community-appointed Advisory Board.

Key Points: 
  • The administration, direction, allocation, and distribution of the fund will be independent of Freedom Plaza and overseen by a community-appointed Advisory Board.
  • The annual contribution is intended to advance local initiatives that will positively benefit local residents of all ages.
  • “The Freedom Plaza Community Reinvestment Fund is a direct result of community stakeholder discussions.
  • The revenue generated by the project’s entertainment and hospitality component will allow Freedom Plaza to deliver these and other benefits.

FirstService Residential New York Promotes Five Associates to Leadership Positions in the Multifamily Rental Management Division

Retrieved on: 
Tuesday, October 24, 2023

NEW YORK, Oct. 24, 2023 /PRNewswire-PRWeb/ -- FirstService Residential, the leading manager of residential properties in the New York region, has announced the appointment of five associates to leadership positions within the Multifamily Rental Management Division ("the division"). The promotions reflect the company's tremendous growth, which includes an addition of more than 5,000 rental units to its New York management portfolio over the past two years.

Key Points: 
  • NEW YORK, Oct. 24, 2023 /PRNewswire-PRWeb/ -- FirstService Residential, the leading manager of residential properties in the New York region, has announced the appointment of five associates to leadership positions within the Multifamily Rental Management Division ("the division").
  • The promotions reflect the company's tremendous growth, which includes an addition of more than 5,000 rental units to its New York management portfolio over the past two years.
  • - Calynne Oyolokor, Senior Vice President, Multifamily Rental Division
    "Building owners know that our innovative, reliable management approach protects asset value, provides best-in-class expertise, and optimizes building and staff performance.
  • Al Shehada is promoted to managing director in the division, with a management portfolio that includes nearly 3,000 rental units in Long Island City, Yonkers, and Manhattan.

Freedom Plaza will Create 513 Units of Affordable Housing, the Largest Anticipated Number of Newly Constructed Units in the Central Core of Manhattan in More than a Decade

Retrieved on: 
Thursday, October 19, 2023

Spanning more than six-acres from 38th to 41st Street east of First Avenue, the proposed project will be among Manhattan’s largest inclusionary housing initiatives.

Key Points: 
  • Spanning more than six-acres from 38th to 41st Street east of First Avenue, the proposed project will be among Manhattan’s largest inclusionary housing initiatives.
  • View the full release here: https://www.businesswire.com/news/home/20231019710706/en/
    Conceptual rendering of Freedom Plaza, a Manhattan mixed-use development and public open space plan.
  • “Affordable housing, specifically the creation of new low- and moderate-income units, is a top priority in our City and nationally.
  • Applauded by The New York State Restaurant Association, the program will create additional revenue and expand the establishments’ customer base.

Field of Light at Freedom Plaza Names World-Class Production Team to Lead Installation of Public Artwork on Manhattan's East Side

Retrieved on: 
Thursday, August 3, 2023

NEW YORK, Aug. 3, 2023 /PRNewswire/ -- Eventique, Tracy Strann, and Stacey Soloviev have been engaged to lead the installation and ongoing programming of Field of Light, an immersive public art installation by internationally acclaimed artist Bruce Munro. Made possible by the Soloviev Foundation, Field of Light will encompass more than six-acres from 38th to 41st Street on First Avenue.

Key Points: 
  • Made possible by the Soloviev Foundation , Field of Light will encompass more than six-acres from 38th to 41st Street on First Avenue.
  • "I am deeply honored to be part of the excellent team bringing this celebratory work to New York.
  • My experience serving as Executive Director of Bruce Munro: Field of Light at Sensorio in Paso Robles, California was a once-in-a-lifetime experience.
  • Field of Light at Freedom Plaza will welcome guests free of charge and present meaningful opportunities for community engagement and educational programming.

Minnesotans Celebrate Cannabis Legalization

Retrieved on: 
Friday, July 28, 2023

Boveda, the global leader in 2-way humidity control, is thrilled to be a part of the “Legalized It!” event celebrating the legalization of cannabis in Minnesota.

Key Points: 
  • Boveda, the global leader in 2-way humidity control, is thrilled to be a part of the “Legalized It!” event celebrating the legalization of cannabis in Minnesota.
  • All profits from the event will go to The Great Rise , a non-profit organization committed to promoting social justice, equality, and opportunity for marginalized community members to build sustainable wealth with the legalization of cannabis in Minnesota.
  • David VanEaton, Senior Marketing Manager at Boveda, expressed his excitement about the legalization of cannabis in their state: “We’re proud to be a Minnesota-based business.
  • Learn more about Boveda's 2-way humidity control solutions for cannabis by visiting their website at www.bovedainc.com/cannabis .

The Man Up Club Presents GODFlow Festival Featuring Angela "BLAC CHYNA" White

Retrieved on: 
Tuesday, July 18, 2023

Godflow features prolific, positive, and inspirational hip hop emcees from around the country.

Key Points: 
  • Godflow features prolific, positive, and inspirational hip hop emcees from around the country.
  • Special guest, Angela "BLAC CHYNA" White, who was recently baptized and notably gracious to share more about her spiritual and physical transformation, joins Godflow 2023.
  • In addition, Godflow is hosted and headlined by brother-sister hip hop duo, Sis N Lil Bro (@wesisnlilbro).
  • Founder & Executive Director of The Man Up Club and Godflow Fest.

The Man Up Club Presents GODFlow Festival Featuring Angela "BLAC CHYNA" White

Retrieved on: 
Wednesday, July 12, 2023

Angela BLAC CHYNA White, recently baptized will share about her spiritual transformation at Godflow Hip Hop & Hope Fest!

Key Points: 
  • Angela BLAC CHYNA White, recently baptized will share about her spiritual transformation at Godflow Hip Hop & Hope Fest!
  • In its 4th year, the festival continues to grow and expand.
  • Special guest, Angela "BLAC CHYNA" White, who was recently baptized and notably gracious to share more about her spiritual and physical transformation, joins Godflow 2023.
  • Founder & Executive Director of The Man Up Club and Godflow Fest.