Mann Report June/July 2022

Page 26

COMMERCIAL NEWS

ArtsDistrict Brooklyn Arrives This Summer ArtsDistrict Brooklyn, an immersive and ex-

and expanded their original work as “Limit-

periential arts venue, will open this July at 25

less AI,” a 70-minute show.

Franklin St. in Greenpoint. Founded by David Galpern and Charles Roy, ArtsDistrict Brook-

Vast datasets of painting, science and nature

lyn (AD/BK) will feature the U.S. premiere of

were fed into an artificial intelligence algo-

“Limitless AI” by internationally renowned

rithm that taught itself to create new works

artists Ferdi & Eylul Alici of Ouchhh Studio,

derived from those sources — 15 billion

the Istanbul-based creators of the award-

Leonardo da Vinci paintings and brush-

as they emotionally respond to their own

winning 2018 “Poetic AI.”

strokes; millions of physics textbooks from

music. “Limitless AI” will be presented as a

Galileo to Stephen Hawking and a real-time

10,000-square-foot immersive experience

depiction of a live musician’s brainwaves

and feature over 70 projectors.

For AD/BK, the artist couple has reimagined

Photo courtesy of PRNewswire

Jollibee Opens First Downtown LA Location Philippines-born international restaurant

to be crispy on the outside, cooked with

chain Jollibee, known for its Chickenjoy fried

precision to be juicy on the inside and mari-

chicken and Jollibee Chicken Sandwich,

nated to the bone for next-level flavor; Spicy

opened in Downtown Los Angeles (DTLA) on

Chickenjoy, the fiery version of the classic

May 12 at 729 West 7th St. in the heart of the

Chickenjoy; chicken sandwiches and peach

city’s Financial District.

mango pie, made with peaches and real Philippine mangoes.

Photo courtesy of PRNewswire

2700 Colorado Blvd. (Eagle Rock). In addi-

The brand is best known for its take on an American favorite — fried chicken. Some

The DTLA location joins Jollibee’s two exist-

tion to the new DTLA location, Jollibee plans

customer favorites include: flagship prod-

ing restaurants in the Metro Los Angeles area

to open a second location in West Covina,

uct Chickenjoy, delicately hand-breaded

— 3821 Beverly Blvd. (East Hollywood) and

California, by the end of 2022.

Newmark Acquires Retail Advisory Firm Open Realty Continuing to grow its global retail footprint,

Open Realty is led by Mark Masinter, who

Newmark Group has acquired North Amer-

heads the firm’s macro strategy and busi-

ican retail real estate advisory firms Open

ness development; Johnny Siegel, who

Realty Advisors and Open Realty Properties.

spearheads tenant advisory services and

Dallas-based Open Realty will join New-

asset management strategies for clients and

Newmark’s recent acquisition was of real

mark’s Retail Services business line with an

Steve Merkle, who co-leads tenant advisory

estate advisory firm BH2. In the retail space,

extensive national and global top-tier client

business endeavors. Masinter and Siegel

Newmark’s previous acquisitions include

roster, and its founders will assume signifi-

join Newmark as chairman of global retail

London-based Harper Dennis Hobbs, New

cant leadership roles to expand Newmark’s

and president of global retail, respectively.

York-based RKF and ExcessSpace, in 2019,

global retail footprint.

Merkle joins as vice chairman.

2018 and 2015, respectively.

24 MANN REPORT | JUNE & JULY 2022

Mark Masinter, Johnny Siegel, Steve Merkle Photo courtesy of Newmark


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By the Numbers: The Return of Global Real Estate

1min
pages 130-132

Commercial Corner: Gregory Kraut, co-founder and CEO of KPG Funds

2min
pages 128-129

Crossword

1min
pages 126-127

Executive Changes

4min
pages 120-125

Cal State Dominguez Opens Innovation and Instruction Building

9min
pages 114-119

The Articles

34min
pages 86-103

Wine Meets Art at Edes Building

4min
pages 106-107

Warner Red Hill Commences Construction in Santa Ana

2min
pages 108-113

Real Estate is Flagged for Digital Disruption Within the Next Decade

7min
pages 82-85

To New Heights: The Palace Theatre is Raised on Broadway

3min
pages 104-105

ESG 1.0 vs. ESG 2.0

5min
pages 80-81

Daewoo Offers First Metaverse Application in Korea Property Market

1min
pages 78-79

AI and the Doorway

5min
pages 76-77

It’s Time to Re-imagine Private Markets

4min
pages 66-67

A Middle East Pearl: Four Seasons and Q Bayraq Announce Luxury Development in Doha

3min
pages 74-75

Rockaway Beach Welcomes Women’s Health Facility

3min
pages 58-59

Nuveen Real Estate Launches Global Impact Investing Sector

2min
pages 60-65

A Mid-year Look at Commercial, Multifamily Real Estate Finance

4min
pages 56-57

Ask the Expert: Gemma Burgess on Diversifying Real Estate

7min
pages 54-55

Residential News

5min
pages 30-33

Editor’s Letter

1min
pages 14-17

Commercial News

5min
pages 26-29

Breaking News

5min
pages 42-47

Tech Talk

4min
pages 38-41

Management News

4min
pages 34-37

Making Buildings Perform for People Worldwide

11min
pages 48-53

New York Landmarks Conservancy Presents 2022 Lucy G. Moses Preservation Awards

2min
pages 20-25
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