This Week’s Sections ROP, New York City,
BillboardCover Story
New York Real Estate Journal
Volume 25 ■ Issue 18September 24-October 7, 2013 nyrej.com
Roland Dib, CEO, of DIB Development: A real estate developer branching out of Brooklyn
How can success in the New York City market lead to company-wide growth and expansion?
Anthony Lolli Rapid Realty NYC
Question of the Month
NYC / PAGE 6B
Executive of the MonthNYC / PAGE 3B
Bedford Stuyvesant Restoration Corp. completes $20m project
NY / COvER A
Harbor Group Int’l. buys 37-unit Upper East Side
building for $16.15m NYC / COvER B
Features New York City Finance
NYC / PAGES 7-15B
New York City Retail NYC / PAGES 23-30B
Columnist C. Jaye Berger Condominiums NY / PAGE 2A
Semi-Annual Comm’l. Real Estate Guide
Spotlight
Green Buildings Spotlight
Sign up for Daily RE Cap! visit nyrej.com/newsletter
Professional Profile: Zoe Reich, 2013 nyrej.com/65530
Schonfeld of Meridian negotiates $13.5 million in financing for Sound View
Management nyrej.com/65514
American Realty Capital acquires 333 West 34th Street for $220.3 million;
Baxter of Jones Lang LaSalle was lead broker representing SL Green nyrej.com/65428
ArticlesTop Trending
Newsstand Price $3.95 USA
nyrej.com/apps
facebook.com/nyrejtwitter.com/nyrejnyrej.com
printed on recycled paper
Roland Dib, CEO DIB Development
Copyright©2013 Margot Jordan
Discover True Client Service.
Tenant Representation | Project Leasing | Capital Markets | Project & Development Services
Property Management | Corporate Services
Discover Excellence in Commercial Real Estate Services.Discover Cassidy Turley.
Peter HennessyPresident, New York Tri-State [email protected]
www.cassidyturley.com
Above and beyond is our starting point.
A Supplement of New York Real Estate Journal
Semi-Annual Commercial
Real Estate Guide
New York Real Estate Journal
Fall 2013 / Winter 2014A Directory of Services for Commercial Real Estate Professionals
Sponsored By:MAP breaks ground on 172,000 s/f, $63m development with TCB; Seeking LEED Silver
Special Insert Section September 2013New York Real Estate Journal
Green Buildings
Quick ReadFisher’s 605 Third Ave. and Park Ave. Plaza achieve LEED cert.
605 Third Ave., a 1.1 million s/f tower, received LEED-EB Gold and Park Ave. Plaza, a 1.2 million s/f building,
received LEED-EB Silver from the USGBC. SEE PAGE 12
Nadine Cino ................................................................................ 2Green Building Experts ...........................................................3-8
Also Inside
20 Pages
Printed on recycled paper
•for full story visit nyrej.com•
facebook.com/nyrejtwitter.com/nyrejnyrej.com
YONKERS, NY Magnusson Architecture and Planning (MAP) broke ground on Schoolhouse Terrace at Croton Heights, a 172,000 s/f mixed-income development. As the first phase of a multi-phase master plan to redevelop the adjacent Cottage Gardens Public Housing site and reintegrate it into the surrounding neighborhood, it will replace outdated public housing in the city.
The Community Builders, Inc. (TCB), a leading non-profit developer of mixed-income housing, com-missioned the project in partnership with the Municipal Housing Authority for the City of Yonkers (MHACY). The $63 million development was financed with an ar-ray of federal and state financing programs. The project is targeting LEED Silver certification.
“We are excited to break ground on a project that will change the lives of so many families and seniors in Yon-kers,” said Bart Mitchell, president and CEO of TCB. “MAP’s vision for the neighborhood allows us to create a new community that benefits all residents.”
Schoolhouse Terrace at Croton Heights will consist of one 51-unit building for seniors and one 70-unit building for families, with units ranging in size from one to three
bedrooms. The new buildings will have community spac-es throughout the buildings, including a new computer lab located in the senior building. Additional site ame-nities include new streets and sidewalks, green roofing, street trees, public benches, and lighting that will reinvig-orate pedestrian activity along Ashburton Ave.
“For almost 30 years, MAP has been creating healthy, vibrant communities for individuals and families of all income levels,” said MAP principal Magnus Magnus-son, AIA, LEED AP. “We are proud to be working in a new paradigm of affordable housing that helps commu-nities to prosper.”
Rendering of Schoolhouse Terrace at Croton Heights - Yonkers, NY
Shown (from left) are: Michael Sabatino, councilmem-ber, 3rd district; Wilson Terrero, majority leader, 2nd district; Christopher Johnson, councilmember 1st
district; Jesse Batus, TCB; Susan McCann, director of development, TCB; Bart Mitchell, president & CEO, TCB; Andrea Stewart, NYS senator 35th district; mayor Mike Spano; Mirza Orriols, acting regional adminis-trator, HUD; Darryl Towns, commissioner & CEO, NYS Homes and Community Renewal; Joseph Shuldiner, executive director, Municipal Housing Authority City
of Yonkers; and Chuck Lesnick, city council president.
BROOKLYN, NY Roland Dib developed a passion for real estate early in life. He was a young teenager when he first started working in construction alongside his uncle. “I have always loved real estate and the value of it,” said Dib, CEO of DIB Development, the growing real estate development company he founded in 1987 that focuses on property acquisition and development, construction, asset management and investment sales.
18A September 24 - October 7, 2013 Visit the paper online nyrej.comNew York Real Estate Journal
New York
Subscribe Today!❒ I am requesting a sample of the Mid Atlantic Real Estate Journal❒ Sign me up for a 1 year subscription at your introductory rate of $49.50 — Regular rate: $99.00
The MAREJ, published twice monthly, offers in-depth commercial real estate coverage, reaching thousands of decision makers throughout The Mid Atlantic Region.
Name ________________________________________________Company _____________________________________________Address ______________________________________________City __________________ State ________Zip _______________Telephone ____________________________________________Type of Business _______________________________________Signature _____________________________________________
Send or fax coupon to:Mid Atlantic REAL ESTATE JOURNAL
312 Market Street • Rockland, MA 02370Call (800) 584-1062 • Fax (781) 871-5299
www.marejournal.com
EARLS, ROSE, AND ROSSI TO JOIN MODERATOR CONSOLO
Daughters of real estate dynasties talk shop at NYCREW
NEW YORK, NY Goodstein, Rose, Rudin - all legendary and prominent families in the New York real estate
world. The women at the forefront of these noted dynasties will offer their views on their projects, their families and the industry at the next NYCREW Industry Spotlight: The Women Leading New York’s Real Estate Families, to be held October 3rd from 6 to 8 p.m. at the McGraw-Hill Executive Dining Room, 50th Floor, 1221 Avenue of the Americas.
Samantha Earls, VP of Rudin Management Company, Amy Rose, co-president of Rose Associates, and Shari Rossi, executive director and partner of Goodstein Organization LLC, will join moderator Faith Hope Consolo, chairman of Douglas Elli-
man’s Retail Group, in a discussion of the state of the industry, and how they are evolving their companies to deal with current challenges and opportunities.
“Over the years, I’ve been privi-leged to moderate a number of panels
that include the ‘next generation’ of our industry, and this lineup is one of the most impressive I’ve ever seen! These women not only are leaders in their families and companies but also in their communities through their exciting new projects,” said Consolo.
Faith Hope Consolo
Samantha Earls
Amy Rose Shari Rossi
MELVILLE, NY Erik Wind has re-turned to Ge-oData Plus as president. Wind held a leader-ship role with the company during GeoData’s for-mative years, when they re-
leased pre-foreclosures for L.I. and
N.Y.C., became the only company with one zoning map for all of Nassau County, and transformed GeoData from a desktop application into its present web application. “GeoData made a great impact on
the real estate industry before reach-ing a plateau in 2009,” said Wind. “That’s about to change as the next six months to a year should be really exciting for our customers.”
Erik Wind
Wind returns to GeoData Plus as president
NEW YORK, NY Arup, a multidisci-plinary engineering and consulting firm with a reputation for delivering
innovative and sustainable de-signs, revealed that Susan Baer has joined the firm as a princi-pal and global aviation planning leader. Based in
Arup’s N.Y. office, Baer will be re-sponsible for leading Arup’s efforts in aviation planning and management consulting for existing and new
clients.A 37-year veteran of the Port
Authority of N.Y. & N.J., Baer was the first person in agency history to manage all of the major Port Authority airports. She was appointed general manager of LaGuardia Airport in 1994, general manager of New Jersey Airports (Newark and Teterboro) in 1998, and general manager of Kennedy Airport in 2007. She was named deputy director/chief oper-ating officer of the Aviation Depart-ment in 2008 and became director of aviation in 2009, managing a five airport system.
Susan Baer
Baer joins Arup’s N.Y. office as principal
Redi-Dock® Provides InstantDrive-In Access to Your Facility
• Modular• Minimal site prep• Low maintenance• Delivered & set• Easily relocated• Lengths to 50’• Infinite widths• Heavy duty rating• No future demolition• ADA ramps available
Call: [email protected] Call for an immediate consultation.
Redi-Dock® Provides InstantDrive-In Access to Your Facility
• Modular• Minimal site prep• Low maintenance• Delivered & set• Easily relocated• Lengths to 50’• Infinite widths• Heavy duty rating• No future demolition• ADA ramps available
Call: [email protected] Call for an immediate consultation.
ProofSection: CDEfrom: JPrun Date: 4-19
Changes Proof ApprovedNew Proof
NE NYREal EstatE JouRNal
Tel: 781-878-4540
Redi-Dock® Provides InstantDrive-In Access to Your Facility
• Modular• Minimal site prep• Low maintenance• Delivered & set• Easily relocated• Lengths to 50’• Infinite widths• Heavy duty rating• No future demolition• ADA ramps available
Call: [email protected] Call for an immediate consultation.
• Modular• Minimal site prep• Low maintenance• Delivered & set• Easily relocated• Lengths to 50• Infinite widths• Heavy duty rating• No future demolition• ADA ramps available
Call: [email protected]
ProofSize: 2x8 Section: NY roPfrom: JPrun Date: 09/10/13
Changes Proof ApprovedNew Proof
crop
2”
NE NYREal EstatE JouRNal
Tel: 781-878-4540
“Houlihan Lawrence’s reputation is grounded on the highest level of service.
We are proud to now add the Houlihan Lawrence Commercial Real Estate Group
providing the same integrity and expertise.” — Stephen Meyers, CEO
Our team of professionals are ready to provide expert service in the following areas:
•OfficeandIndustrialLeasing •RetailLeasing •LandAcquisitionandDevelopment •InvestmentOpportunities •MunicipalApprovalConsultation
View our commercial listings: HLCommercialGroup.com
For more information, contact Thomas LaPerch 914.220.4411.
Commercial RealEstate Group
Houlihan Lawrence