Mid-market muscles up: $154M in deals last week

first_imgFrom left: 140 and 142 West 4th Street, 63 West 104 Street and 37-30 Review Avenue in Long Island City (Google Maps; StreetEasy)It was another strong showing for New York City investment sales between $10 million and $30 million.Ten deals, of which half were in Long Island City, combined for a total weekly volume of $154 million, edging out last week’s $143 million. Here are more details for the week ending Jan. 15.1. Rudd Realty sold two mixed-use buildings, each with 16,600 square feet and 24 units, at 140 and 142 West 4th Street in Greenwich Village for $22.9 million. The buyer was Willowick Properties.2. The Orbach Group sold a 26,000-square-foot multifamily building at 63 West 104 Street on the Upper West Side for $21.5 million. It has seven floors and 34 units. Reda New York Holdings was the buyer. Meyer Orbach signed for the seller.3. Dynamic Star purchased two industrial buildings, each with 2,480 square feet, at 2391 and 2401 Exterior Street in the South Bronx for $21 million. Carmino Salgado signed for the seller, Galway Realty LLC.4. James Juliano signed as the buyer of a 31,3000-square-foot office building at 37-30 Review Avenue in Long Island City for $15.1 million, through Review Holdings LLC. Alan Dern and Douglas Bauer were listed as sellers.5. David Lubinitsky signed as the buyer of a 39,700-square-foot multifamily building at 12-26 30th Avenue in Long Island City, via 1222 30 Ave LLC. The five-floor building has 37 units. The seller was Fozan Pirzada, through Pirzada Astor Place LLC.6. Jiashu Xu of United Construction and Development Group signed as the buyer of a 12,500-square-foot industrial building at 46-30 21st Street in Long Island City for $13 million, through 21st Street Development LLC. Sami Roth signed as the seller through a limited liability company.7. Largavista Companies sold an 18,066-square-foot parking lot at 1400 Cromwell Avenue in the Bronx’s Mount Eden section for $12.8 million. The buyer was Family Life Academy Charter School, which plans to build a 67,916-square-foot school building on the lot, also known as 1401 Inwood Avenue.8. Rosemawr Management sold a 14,400-square-foot school building at 370 Gerard Avenue in South Bronx for $12.3 million, via RM Charter Holdings LLC. Family Life Academy Charter was the buyer.9. Church of the Redeemer bought a 16,300-square-foot parcel at 30-14 Crescent Street in Long Island City for $10.8 million. The seller was Trinity Church on Wall Street.10. Boerum Development sold a 39,000-square-foot warehouse at 41-20 39th Street in Long Island City for $10.2 million. The buyer was limited liability company Jx Holdings, affiliated with Denis Xhari and Anila Celi. Terry Tang signed for the seller.Contact Orion Jones Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Email Address* Share via Shortlink Message* Full Name* TagsInvestment SalesManhattanMultifamily Marketlast_img read more

Bally’s buys Las Vegas’ Tropicana casino for $150M

first_img Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Share via Shortlink (Tropicana Las Vegas via Facebook, Bally’s Corp)Bally’s is making a bet on the Tropicana Hotel & Casino in Las Vegas.Bally’s agreed to buy the operations business for the hotel and casino, while the REIT Gaming & Leisure would retain its ownership of the property itself and continue to collect rent, Bloomberg News reported.Bally’s has been on an acquisition streak lately, having recently struck a $2.7 billion deal to buy online gaming company Gamesys Group Plc. But this would be the Rhode Island-based gaming company’s first operation in Las Vegas. Chairman Soohyung Kim said the firm would likely remodel the property, adding slot machines and putting up new signage.ADVERTISEMENT“It’s hard to be a national player in gaming without a casino [in Las Vegas],” Kim said. “It’s a tried and true pathway that companies like Caesars and MGM have proven.”Kim is the founding partner at Standard General, a New York-based hedge fund that is Bally’s largest shareholder. With its latest acquisitions, it will have properties in 11 states.The casino and gambling industry is going through a major period of change. The Supreme Court struck down a federal ban on sports betting in 2018, leading many gambling companies to rush to break into the market.New York legalized sports betting and developers have lobbied hard to convince state legislators to allow a casino in Manhattan.Earlier this year, Sands Corp. sold all three of its Las Vegas properties for $6 billion as part of a pivot to its Asian market, although it’s unclear what role if any the pandemic had on the decision to exit the market.[Bloomberg News] — Dennis Lynch Tags casinosCommercial Real EstateLas Vegaslast_img read more

Bloomfield, NJ office complex sells for $52M

first_img Tags Message* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Brad Domenico of Progress Capital arranged a $40 million acquisition loan for the buyer, and Natixis Real Estate Capital was the lender.Progress Capital said the buyer was particularly attracted to the property’s location, which is just off the Garden State Parkway. The office park recently got several upgrades, including new parking lots, and has tenant amenities such as a lounge and fitness center.Like other regions, New Jersey’s office market has been severely affected by the pandemic. The availability rate in the first quarter climbed to 21.6 percent, up 4 percentage points compared to the same time last year, according to a report from Avison Young New Jersey.But office properties are still selling. Most recently, Mack-Cali Realty sold its Short Hills, New Jersey, office portfolio to the Birch Group for $255 million.Contact Akiko Matsuda Progress Capital partner Brad Domenico and Broadacres Office Park (Photos via Progress Capital)An office complex in Bloomfield, New Jersey, sold for $52 million in an off-market transaction.ERCT Capital Group, a real estate investment firm based in Montclair, New Jersey, bought the four-building campus from P3 Properties, who paid $31 million for the property in 2017, according to public records. ERCT Capital was not immediately available for comment.The Broadacres Office Park spans 398,000 square feet across three buildings at 200, 300 and 400 Broadacres Drive, and an additional one at 1455 Broad Street.Read moreMack-Cali sells Short Hills, NJ office portfolio for $255MDifferent state, same problem: Office availability soars in NJMack-Cali Realty sells Metropark complex for $254ME Full Name* Share via Shortlink Email Address* New Jerseyoffice markettri-state weeklylast_img read more

Time-trends in the pattern of ocean-atmosphere exchange in an ice core from the Weddell Sea sector of Antarctica

first_imgThe east coast of the Antarctic Peninsula is strongly influenced by air masses that have traversed the Weddell Sea zone. A continuous record of annual-average values for δ18O, δD, Cl− and non sea-salt SO42− in snowfall deposited since 1795, has been obtained on an ice core drilled on Dolleman Island (70°35.2′S, 60°55.5′W). Chemical changes along the ice core seem to be linked to changes in the concentration of the ice cover in the marginal ice zone. In the period since 1956, these variations appear to be coupled to the atmospheric circulation, as indexed by the atmospheric pressure gradient across the marginal ice zone. The largest anomaly in the 200-year sequence occurs in the period 1820-1880, during the final stages of the Little Ice Age. Exceptionally high concentrations of Cl−, low concentrations of biologically-derived sulphate, and high deuterium excess suggest that at this time there was a dense, compacted marginal ice zone with cyclones tracking more frequently than normal across ocean areas to the north of the ice edge. During the past century, there has been a marked decrease in deuterium excess of about 4‰, which implies that there has been a progressively increasing contribution to precipitation from moisture sources at lower temperature, probably from within the marginal ice zone. The implication is that there may have been significant weakening of the ice cover in this zone during the past century, despite satellite evidence which reveals no significant change in the position of the ice edge, at least since 1973.last_img read more

Seasonal periodicity of physical factors, inorganic nutrients and microalgae in Antarctic fellfields

first_imgOver 15 months between January 1990 and March 1991, a range of physical, chemical and biological parameters was monitored regularly in fellfield soils of frost-sorted polygons at four sites on Signy Island (South Orkney Islands, maritime Antarctica). These included inorganic nutrients (orthophosphate, available nitrate and, over a more limited period, ammonia), chlorophyll a (as a proxy measure of microalgal biomass) and a range of potential cryoprotectant compounds. Transects across soil polygons revealed neither intrapolygon gradients in concentrations of inorganic nutrients or chlorophyll a nor significant interpolygon differences, in contrast with previous studies. Nitrate was present in much lower concentrations than phosphate, supporting evidence that it is a limiting nutrient in these fellfield ecosystems. Spring snowmelt, although a potential source of nutrient input, was not associated with increased concentrations of inorganic nutrients in the soil, probably through isolation of the soil from overlaying snow by a surface layer of ice. Soil micro-algae at the study sites must survive winter temperatures of at least -9degreesC, even when protected beneath up to 1 m of snow, and it has been proposed that they accumulate sugars and polyols as cryoprotectants. In support of this, concentrations of erythritol, glycerol, glucose, sucrose and trehalose in the soil (both absolute quantity and after correction for chlorophyll a concentration) increased as winter proceeded, suggesting that changes in sugar concentrations were due to accumulation within individual cells.last_img read more

Diversity, abundance and composition in macrofaunal molluscs from the Ross Sea (Antarctica): results of fine-mesh sampling along a latitudinal gradient

first_imgThe Latitudinal Gradient Program (2002–2011) aimed at understanding the marine and terrestrial ecosystems existing along the Victoria Land coast (Ross Sea), an area characterized by strong latitudinal clines in environmental factors. During the program’s voyage of the Italian RV “Italica” in 2004, a fine-mesh towed gear, the “Rauschert dredge”, was deployed for the first time at 18 stations in four latitudinal distinct shelf areas between ~71°S and ~74°S. The collected samples contained undescribed species and new records for the Ross Sea from a variety of different marine taxa. Here, we describe the molluscan fauna and investigate evidences for latitudinal effects on molluscan diversity, abundance and assemblage composition. No significant latitudinal trends were detected: while diversity did not vary significantly with latitude, species richness showed an apparent but non-significant decrease with increasing latitude. Beta-diversity was found to be high both within and between latitudinally distinct shelf areas. A large fraction (~20 %) of the collected molluscs corresponded to new species records for the Ross Sea or undescribed species. Rarity in Antarctic molluscan occurrences was confirmed, with singletons (i.e. species represented by only a single individual) accounting for a 22 % and uniques (i.e. species occurring in one sample only) for a 43.5 % of the total presence. Our study of the smaller macrofaunal benthic fraction showed that Antarctic marine research still has far to go to have robust reference baselines to measure possible changes in benthic communities, even in the case of the assumed well-known, well-sampled and well-studied group of Ross Sea shelf molluscs. We advocate the use of fine-mesh trawling gears for routine sampling activities in future Antarctic expeditions to assess the full marine biodiversity.last_img read more

Baby Cakes Outlast Bees In 10 Innings

first_img Tags: Baseball/PCL/Salt Lake Bees FacebookTwitterLinkedInEmail(Salt Lake City, UT)  —  The Bees gave up three runs in the top of the 10th inning as they fell to the Baby Cakes 11-8 at Smith’s Ballpark.Jabari Blash homered twice and Rymer Liriano also went deep for Salt Lake.  Reliever Akeel Morris was charged with the loss.The Bees can clinch the four-game series in the finale today.  First pitch is at 7:05 p.m. June 11, 2018 /Sports News – Local Baby Cakes Outlast Bees In 10 Innings Written by Robert Lovelllast_img

2-A South Football Region Media Day

first_img Tags: 2-A South Football Region Media Day/Beaver/Enterprise/Grand/Mid-Utah Radio Sports Network/North Sevier/Robert Lovell/San Juan/South Sevier Written by FacebookTwitterLinkedInEmailRICHFIELD, Utah-Thursday afternoon, for the second consecutive year the Quality Inn Conference Center of Richfield hosted the 2-A South Football Region Media Day to conclude the football media days broadcasts on the Mid-Utah Radio Sports Network.Mid-Utah Radio Sports Network broadcaster Robert Lovell once again moderated the proceedings. These consisted of the head coaches and star players from Beaver, South Sevier, North Sevier, San Juan, Grand and Enterprise High Schools.1:44 p.m.The Enterprise Wolves were the last team to address the media. This contingent consisted of head coach Andy Messersmith, tailback Tyler Hess, defensive end Jack Lee, guard/nose guard Case Jones and cornerback/receiver Steven Anzalone.Messersmith is appreciative of the fact he has two solid cornerbacks he can rely upon in space and Jones says he looks forward to hitting, especially someone else other than his teammates.Messersmith is hoping to be more successful inside the red zone this season as in 2017, the Wolves were excellent between the 20’s but fizzled thereafter.Messersmith anticipates a key non-region game against Class 4-A Ogden as they will host the Tigers. He asserts it will be fun to go against some big boys, especially with them coming to Enteprise on August 24.In proverbially taking a page out of the Grand playbook, Messersmith says he hopes to excel as the Red Devils have in moving personnel around predicated on circumstances.Hess looks forward to Ogden, Lee anticipates going against Beaver, Jones looks forward to both the Ogden and Beaver games and Anzalone has his eyes on going against Ogden.1:26 p.m.The Grand Red Devils, the favorite to win the 2-A South football region, were then up to address the media.Head coach Dennis Wells brought three players with him to Richfield. They included tailback Trent Elmore, defensive lineman/tackle (and student body president at Grand High School) Jarrett Reidhead and center Brody Williams.Wells got down to brass tacks out of the gates, saying he loathes the fact that his Red Devils have been picked as the region favorite.Williams said he’s excited for this season and Elmore, coming off of a broken collarbone, says he’s ready for the season to start.Wells said he admired his team’s grit for giving Beaver a good game on the road last season and says he sees his team as comparably good on the road as they are at home.With the San Juan contingent still at the conference center, Wells glanced toward them on set and said that “he can never overlook San Juan.”Reidhead said he’s looking most forward to playing against South Sevier as does Williams. The Rams will be the Red Devils’ homecoming opponent.Wells also said, in speaking of the 2-A North region that he believes the Red Devils can beat anyone in that region except for South Summit.1:09 p.m.The San Juan Broncos then addressed the media. Head coach Barkley Christensen was on-hand as were his star players. These included QB Corbin Palmer, slot/outside linebacker Carlos Redd, slot/receiver Landen Pemberton and center/nose guard Tanner Black.These are four of the six seniors on the season for the Broncos.Palmer spoke of his strength increasing through his weight training regiment as he has increased his bench press from 250 pounds to 310 pounds. Christenen confirmed the Broncos will have more elements of the spread and will follow in the footsteps of his mentor leader, former San Juan head coach Monty Lee, whom he played for.As was the case with Lindley’s decision, Christensen says he is doing this predicated upon personnel.Christensen stated his preseason schedule, which includes a tilt against 2-A power Delta, sets up nicely for the Broncos. San Juan also faces a glaring task August 17 against defending state champion South Summit.Across the board, Christensen, Palmer, Redd, Pemberton and Black all confirmed their eyes are squarely focused on South Summit August 17.12:52 p.m.The North Sevier Wolves were up next at the podium, led by head coach Devin Lindley. He was joined by left guard Tanner Sorenson, outside linebacker/slot Burke Mickelsen, outside linebacker/slot Tate Johnson and QB Taylor Crane.Sorenson, who has garnered interest from Snow College and Weber State, says he hopes to put out good film for college coaches this season. Lindley reported he was impressed with the amount of kids who have come out for football, as more than 50 showed up. He lauds the fact that the Wolves’ depth is better than it has been in previous years.Lindley is also proud of the fact that his current pack of Wolves has “taken the weight room to heart.”While the Wolves have traditionally taken to the skies in passing the ball more often than not, Lindley says he will focus more on balance and his personnel, rather than play calling. It does bear mentioning, however, that, per Lindley’s admission, Crane can throw the ball 50 feet flat-footed.The Wolves will have a challenging schedule as soon as region play commences as they will have three road games in league play.Mickelsen says he’s looking forward to playing against South Sevier and Johnson is anticipating the Wolves’ game against Grand. Crane looks forward to the Wolves’ first game against the Woods Cross J.V. and Sorenson anticipates games against South Sevier and Gunnison, traditionally two of North Sevier’s biggest rivals.12:31 p.m.The South Sevier Rams were the next team to show up at the press conference. They were represented by head coach Weston Zabriskie, fullback/outside linebacker Tyson Chisholm, receiver/LB/DB Peydon Wood, QB Tracen Winkel and jack of all trades Tucker Gayler. In Zabriskie’s words, Gayler “just loves to play the game.”Zabriskie said the Rams feel all right about where they currently are. He cites the fact that he has lots of returning varsity experience as a definitive asset.Chisholm stressed the need for he and his teammates to be “consistent every week” and that, in so doing, the Rams can get lots of wins this year. Wood asserted that the Rams have to play mistake-free football in hopes of giving them a chance to win.South Sevier has three of their first four games at home and Zabriskie suggests that if the Rams can get off to a hot start that the momentum can carry them to a successful season.Zabriskie says he will analyze game plans from week-to-week and see what works and stick with that which is successful.Chisholm also confirms that he has been out to the U.S. Air Force Academy of Colorado Springs, Colo. to meet with Falcons head football coach Troy Calhoun as they have recruited him. He is also looking forward to the Kanab game on August 17 (a KMGR broadcast) with rapt anticipation. Wood looks forward to the North Summit game and Gayler looks forward to Richfield.12:06 p.m.The Beaver Beavers commenced the proceedings at this media day. The Beavers are a traditional power and appear to be right in the mix of title contention once again in 2018.The Beavers were represented by head coach Jon Marshall, who has led Beaver to three consecutive state championship game appearances.His players at the presser included receiver/cornerback Spencer Williams, receiver/outside linebacker Preston Roberts, tight end/defensive end Hunter Hafen and QB/outside linebacker Ryker Albrecht.The Beavers, as Marshall confirmed, have only five seniors this season, so to counter this, Albrecht said he “wants to have a high completion ranking.” He also stated he is a new outside linebacker so there’s lots for him to learn.Marshall said he only has two returning starters from last season so he sees leadership as a glaring question mark entering this season.With over 20 seniors lost from last season, per Marshall, he said his rebuilding process can be assuaged by the fact he has lots of good kids in his program.Unabashedly, Marshall said the expectations for the Beaver program remain the same although he admits that inexperience may cause a different road to be taken toward a state title.In the non-region games, Williams said he wants to see his Beavers teammates progress in time to contend for both region and state titles in 2-A.Marshall stated he sees the 2-A South region as “extremely balanced.” He believes that San Juan and Enterprise, despite being projected to finish near the bottom of the standings, have a chance to emerge with a championship. August 9, 2018 /Sports News – Local 2-A South Football Region Media Day Brad Jameslast_img read more

Utah State’s Savon Scarver Earns First-Team All-America Honors From FWAA

first_imgDecember 10, 2018 /Sports News – Local Utah State’s Savon Scarver Earns First-Team All-America Honors From FWAA Tags: All-American/Savon Scarver/Utah State Aggies Football Written by Robert Lovell FacebookTwitterLinkedInEmailLOGAN, Utah – Just four days after being named a Walter Camp Football Foundation First-Team All-American, Utah State kickoff return specialist Savon Scarver has landed on another All-America Team.The sophomore from Las Vegas, Nev., was selected a Football Writers Association of America (FWAA) First-Team All-American, it was announced Monday afternoon by the organization.“Once again, I am honored to be named a first-team All-American,” Scarver said. “I am grateful that all my hard work and dedication isn’t going unnoticed. I appreciate and thank all the people that support me.”For the second year in a row, an Aggie has earned All-American honors from the FWAA as defensive back Jalen Davis was a second-team selection in 2017. In fact, only three Aggies have ever earned All-American accolades from the FWAA as Merlin Olsen was recognized at tackle in both 1960 and 1961.Scarver is the lone representative from the Mountain West to be recognized by the FWAA, while Utah’s Matt Gay (placekicker) and Chase Hansen (linebacker) were both tabbed to the second team.The postseason honors continue to pile up for Scarver, who was one of two Aggies to earn first-team all-Mountain West honors this season. The 5-foot-11, 185-pound sophomore wide receiver/kick returner leads the nation in kickoff returns (34.2 ypr) and is tied for second with a pair of kickoff returns for touchdowns.Scarver has returned 21 kickoffs for 719 yards, including four returns of 50-or-more yards. His two kickoff returns for touchdowns (100 yards vs. New Mexico State and 96 yards at Wyoming) rank as the second-most in a single-season in school history, behind Kevin Robinson (three in 2007). In fact, Scarver and Robinson are the only Aggies in school history to have multiple kickoff returns for touchdowns in a single season.For his career, Scarver has three total kickoff returns for touchdowns, which is also second all-time in school history behind Robinson (four from 2004-07). Scarver’s career kickoff return average of 28.6 yards is the third-best in Utah State history.Scarver has played in all 12 games for the Aggies this season, recording eight catches for 147 yards and one touchdown. He has also rushed the ball once for 14 yards.Scarver and the Aggies will face North Texas in the 13th-annual Gildan New Mexico Bowl on Saturday, Dec. 15, at noon, at Dreamstyle Stadium in Albuquerque, N.M. The game will be televised live on ESPN.For Utah State, this will be its second appearance in the New Mexico Bowl as it posted a 21-6 win against UTEP in 2014. Only New Mexico (4) and Colorado State (3) have made more appearances in the Albuquerque-based bowl than USU (2).Utah State and North Texas will be meeting for the eighth time in series history as USU holds a 4-3 advantage. USU posted a 4-1 record against UNT when both teams were members of the Big West Conference from 1996-2000 and USU went 0-2 against the Mean Green when both programs were members of the Sun Belt Conference from 2003-04.Utah State, which is ranked No. 23 in this week’s Amway Coaches poll, finished the regular season at 10-2, including a 7-1 mark in the Mountain Division of the MW to tie for first.last_img read more

Delta Girls Cross Country Team Wins Titan XC Title

first_imgOctober 10, 2019 /Sports News – Local Delta Girls Cross Country Team Wins Titan XC Title Brad James Tags: Delta Cross Country Written by FacebookTwitterLinkedInEmailOREM, Utah-Wednesday, Delta’s boys and girls cross country teams represented the Mid-Utah Radio Sports Network at the Titan XC Meet hosted by Telos Academy at Lakeside Park.The Delta girls won the team title with 19 points while the boys placed second with 75 points behind first-place Pinnacle (68 points).Paige Curtis placed third for the Delta girls (21:47.70). Kayli Baker placed eighth overall for the Rabbits (22:29.40). Shayley Anderson placed 13th overall (23:49.10) while Brynnleigh Goodwin finished 17th (24:37.40).Summer Owens placed 19th (24:42.20) with Mollie Eldridge (27:03.80) and Millie Western (27:24.10) placed 27th and 28th respectively.Hannah Clark (31:07.80) and Lily Hardy (31:27.60) finished 36th and 37th respectively.For the boys, John McLaws placed first overall (17:26.10) and Joseph Bliss finished seventh (19:50.00).Gage Smith placed 14th (20:29.30) and Ian Knoeller placed 28th (21:02.30) for the Rabbits.Cesar Morales placed 39th (21:45.30) and Christopher Atkinson finished 42nd (22:05.50) while Cody Stephenson placed 64th overall (23:48.90).last_img read more