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BUSINESS NEWS MADISON REALTY CAPITAL PROVIDES $72.0 MILLION LOAN FOR 550 WEST 29TH STREET, A LUXURY CONDOMINIUM DEVELOPMENT LOCATED ALONG CHELSEA’S HIGH LINE Madison Realty Capital closed a $72.0 million first mortgage loan collateralized by Highline Development Group’s nearly completed luxury condominium development located in the Chelsea neighborhood of Manhattan. Currently in the final stages of interior construction with completion expected midyear, 550 West 29th Street offers 19 luxury residential units and 5,022 square feet of premium retail/gallery space at grade. The project team for 550 West 29th Street consists of Tamarkin Architecture P.C. as design architect, Ryder Construction as construction manager, CORE Real Estate as residential sales broker, and Manhattes Group as retail and gallery leasing agent. The property is located on 29th Street between 10th and 11th Avenues, adjacent to the High Line and steps from some of Manhattan’s most prominent art galleries. The 19 residences range from 1,900 square foot, three-bedroom, three-bathroom units to 4,000 square foot, four-bedroom, four and a half bathroom units. Residents will access the residential lobby through a 30-foot wide glass entryway and reach their individual units via two elevators providing direct key access. The ground floor retail/gallery space offers 75 feet of street frontage and ceiling heights exceeding 13 feet. Amenities at the building will include a 24-

hour doorman, 16-space bicycle storage station, fitness center, sauna, laundry room, and storage units for each residence. Units will feature generous ceiling heights, large walk-in closets, LG washer/dryers, Sub-Zero refrigerators, gas fireplaces, steam and regular showers, Miele dishwashers, and stainless steel gas cooktop ovens. Select units will have private terraces ranging from 120 to 1,835 square feet, with outdoor gas grills and northern and western views of Manhattan. RNA SELECTS SIMPLY THE BEST PR AS AGENCY OF RECORD TO HERALD COMPANY’S GROWTH & EVOLVING FOCUS Rex Nichols Architects announced that they have retained Simply the Best PR as their agency of record to publicize the firm’s growth and style evolution. RNA’s history is based on designing luxury homes in the Fort Lauderdale area that has earned 11 AIA awards. RNA also has evolved its style focus from classical to Bauhaus modern to the contemporary design the team focuses on today. According to founder Rex Nichols, “We have expanded our business into designing and developing multifamily residential properties, restaurants, hotel, clubs, retails and condos throughout South Florida. Through this ongoing process, we have evolved into a company which creates opportunities for real estate development.” Alex Penna oversees researching and implementing the contemporary design process by combining the minimalist style and tropical design with the deconstruction

architectural language derived from the philosopher Jacques Derrida. Penna has worked on sustainable design projects all over the U.S., Europe, and the Middle East and has participated in such projects as Battersea Power Station, the largest sustainable development in London valued at $12 billion, Victoria Transport Interchange 2 and One Hyde Park, also in London. RNA has recently been pre-qualified to design two waterfront towers at a new development in Dubai. They are the leading design team for a joint-venture project with Robert Swedroe Architects.

Additional current projects include: ❚ ❚ Glass House under permit with Jeff Hendricks Homes on Las Olas Isles ❚ ❚ Six townhouses on Ocean Front in Pompano Beach ❚ ❚ Two homes in Fort Lauderdale on Intracoastal ❚ ❚ Las Olas Isles home ❚ ❚ S House Real Estate Development Property ❚ ❚ Waterfront Towers in Dubai

❚ ❚ Resort Beach Club in Palm Beach County “Simply the Best PR will launch a series of PR and social media campaigns targeting the design, builder and upscale consumer media focused on highlighting the award-winning, sustainable designs by RNA,” states Kim Morgan, president of STB PR.

them clear. With extensive experience, training, and aptitude, they will successfully help your company navigate the technical landscape, identify the key areas of focus, and explain them in common terms. They should under- stand that one size does not fit all and a cookie cutter approach to security does not scale in this current age of complexity. They should be able to quickly narrow down the solution space to create a cost effective result for your organization. DR. ERIC COLE is CEO of Secure Anchor, former CTO of McAfee and Lockheed Martin, member of the Commission on Cyber Security for President Obama, the security advisor for Bill Gates and his family, and author of a new book, Online Danger: How to Protect Yourself and Your Loved Ones From the Evil Side of the Internet . For more information, please visit www.onlinedanger.com and connect with Dr. Cole on Twitter, @drericcole. “A top cyber security expert should be able to take the confusing topics on internet security and make them clear. With extensive experience, training, and aptitude, they will successfully help your company navigate the technical landscape.”

ERIC COLE, from page 11

3)Identify the problem – then solve it! There is a big differ- ence between identifying a problem and solving it. True cyber security experts are required to continually iden- tify incidents, potential threats, and risks weaving their way through a network infrastructure. But, that’s only half the battle. Working to fix identified holes in an organization’s se- curity strategy requires a level of focused analysis and evalua- tion. Your cyber security experts must exhibit superior skills to solve complex and intricate problems. If your cyber security expert is only identifying problems in your organization and not helping you resolve them, your company may need to solve a new problem – finding a more efficient security professional. 4)Team players versus lone wolves. Cyber security experts may be the industry’s rock stars, but they shouldn’t perform as the solo act. The role of a cyber security professional is to work coopera- tively with a company’s top executives to create a strategy that is relevant and comprehensible throughout the enter- prise. A proficient security expert values client communica- tions that strengthen a corporate strategy. Bottom line, a top cyber security expert should be able to take the confusing topics on internet security and make

THE ZWEIG LETTER May 28, 2018, ISSUE 1250

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