News

BOMA celebrates 2021 Pinnacle Award winners

REAL ESTATE WEEKLY | OCTOBER 7, 2021

The Building Owners and Managers Association of Greater New York’s 2021 Pinnacle Awards 50th Anniversary Ceremony was a tremendous success, welcoming more than 800 of New York City’s top real estate professionals back to one if the industry’s biggest events of the year. The event, which was held on September 30, 2021, at Pier Sixty, celebrated outstanding achievements in the commercial real estate industry, by recognizing premier buildings and leaders in New York City.

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[INVNT GROUP]™ Secures New Global Headquarters In NYC In A Strategic Deal With Cove Property Group

INTRADO GLOBE NEWSWIRE - INVNT GROUP | SEPTEMBER 15, 2020

THE GLOBAL BRANDSTORY PROJECT™ has secured a 12-year lease on the 14,000 square-foot penthouse at 101 Greenwich Street in FiDi, Lower Manhattan. The building, which underwent a $75 million renovation in 2017 under the supervision of landlords Cove Property Group and BentallGreenOak, features COVID-19 safe measures throughout, including touchless entry via Bluetooth and facial recognition enabled security turnstiles which integrate with a destination dispatch elevator system.

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Cove and MDALLP complete $75 million redevelopment of 101 Greenwich Street; 26-story, 481,000 s/f bldg. repositioned into class A property

NYREJ | SEPTEMBER 20, 2018

Owner and operator Cove Property Group and owner Bentall Kennedy, working with Montroy DeMarco Architecture LLP (MDALLP), have completed the redevelopment of 101 Greenwich St. (formerly Two Rector St.), a 26-story, 481,000 s/f office building in the Financial District. MDALLP worked with the Beaux Arts building’s owners to reposition the property from a class B to a class A office tower through architectural and infrastructure upgrades.

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Two Insurance Defense Law Firms Renew for Combined 37K SF at 101 Greenwich

COMMERCIAL OBSERVER - LAUREN ELKIES SCHRAM | JULY 16, 2018

Faust Goetz Schenker & Blee and Morris Duffy Alonso & Faley, two insurance defense law firms, have independently renewed their leases at Cove Property Group and Bentall Kennedy’s 101 Greenwich Street, Commercial Observer has learned. The firms, which have both been in the Lower Manhattan building between Rector and Carlisle Streets since 2003, signed 10-year deals for the 18,500-square-foot 20th (Faust) and 18,500-square-foot 22nd (Morris) floors, according to information provided by the landlords. Asking rents at the property range from $65 to $70 per square foot.

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Inside Convene’s New Manhattan HQ

COMMERCIAL PROPERTY EXECUTIVE - SANYU KYEYUNE | MAY 31, 2018

Bentall Kennedy and Cove Property Group unveiled the redevelopment of 101 Greenwich Street—a Class A, LEED Silver-certified office building in downtown Manhattan—and gave Commercial Property Executive an insider’s look. Completed in November 2017, 101 Greenwich will be the new headquarters and flagship location of Convene, an office and meeting services provider that will also design and manage the building’s amenities and hospitality features. The company plans to occupy 58,000 square feet across three floors.

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Ryan Simonetti and Christopher Kelly on the Evolution of Event Space Provider Convene

COMMERCIAL OBSERVER - LIAM LA GUERRE | SEPTEMBER 29, 2017

In early 2011, William Elder, an executive vice president and the managing director of RXR Realty in New York City, received a call from Ryan Simonetti, a young real estate executive he knew. Simonetti wanted to tell him about his new business: on-demand conference and event space provider Convene, which he co-founded with Christopher Kelly. Elder and Simonetti met at RXR’s 1336 Avenue of the Americas, where Simonetti was hoping to open a Convene outpost, but Elder wasn’t convinced.

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Why More Real Estate Companies Are Getting Into the Tech Game

COMMERCIAL OBSERVER - LIAM LA GUERRE | NOVEMBER 9, 2017

Over the weekend of Oct. 13 through Oct. 15, the Real Estate Board of New York hosted its inaugural hackathon, which brought teams from 40 different organizations together to compete for who could develop the best app to address real estate problems.

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Lower Manhattan Gets First Full-Service Office Building

COMMERCIAL PROPERTY EXECUTIVE - CORINA STEF | OCTOBER 9, 2017

Cove Property Group and Bentall Kennedy are ready to wrap up the redevelopment and repositioning work at 101 Greenwich in downtown Manhattan. After acquiring the 480,000-square-foot office building formerly known as 2 Rector St., in March for a record price, the owners are nearly ready to unveil the borough’s first full-service office building.

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Under Construction: Inside the Renovation of 101 Greenwich Street

COMMERCIAL OBSERVER - LIAM LA GUERRE | OCTOBER 4, 2017

A few years ago, Kushner Companies and CIM Group were considering transforming the U-shaped Beaux Arts office building at 2 Rector Street into a residential tower. Plans never materialized. Last March, Cove Property Group and Bentall Kennedy stepped in and purchased the Financial District property for $225 million. The new owners decided to keep 2 Rector Street (now 101 Greenwich Street) at the corner of Greenwich Street as an office building with it being nearby the World Trade Center site and high-profile companies like Condé Nast flocking Downtown.

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This Week's N.Y. Deal Sheet

BISNOW - ETHAN ROTHSTEIN | OCTOBER 3, 2017

It is not every week that the two biggest commercial real estate deals to close in New York City are separate transactions — one property sale, one refinancing — in the Bronx. But that is where the city finds itself in 2017, when the Bronx is one of the strongest areas of the city for investment.

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Meeting-space startup Convene relocating to FiDi

THE REAL DEAL - EDDIE SMALL | OCTOBER 2, 2017

Convene employees will soon convene in the Financial District instead of in Midtown. The meeting-space startup has signed a lease for 58,000 square feet at 101 Greenwich Street, its largest space in the country, according to the Commercial Observer. The Financial District location will serve as its new headquarters, and the company will occupy all of the second through fourth floors and 2,500 square feet of the ground floor.

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Real Estate Rumors: Henley, CSG, Convene

LAW360 - ANDREW MCINTYRE | OCTOBER 2, 2017

U.K. private equity shop Henley Investments has reportedly bought two New York residential buildings for $21 million, an entity managed by investment bank CSG Partners is said to have dropped $13.54 million on a Florida self-storage facility, and meeting space firm Convene has reportedly leased 58,000 square feet in New York.

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Convene Takes 58K SF for Largest Location at 101 Greenwich Street

COMMERCIAL OBSERVER - LIAM LA GUERRE | OCTOBER 2, 2017

Meeting space provider Convene has signed a lease for a 58,000-square-foot space at 101 Greenwich Street in the Financial District to relocate its headquarters and establish its 11th New York City location and largest in the country, Commercial Observer has learned. The company is planning to occupy 2,500 square feet on the ground floor, which will house a coffee shop run by high-end purveyor For Five Coffee Roasters, and the entire second through fourth floors of the 26-story building (formerly 2 Rector Street) at the intersection of Rector and Greenwich Streets.

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Bentall Kennedy, MEPT And Cove Property Group Announce Joint Venture Acquisition Of Two Rector Street In New York

PR NEWSWIRE - PRESS RELEASE | MARCH 21, 2016

Multi-Employer Property Trust (MEPT), advised by Bentall Kennedy (U.S.) Limited Partnership (Bentall Kennedy), in a joint venture with Cove Property Group LLC (Cove), has acquired Two Rector Street, New York, from CIM Group and the Kushner Companies. Two Rector Street is a 26 story, 476,000 sf office property located in the Financial District of Manhattan.

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