NEW YORK--(BUSINESS WIRE)--Dec 17, 2024--
RFR announced its 2024 transactional highlights today, celebrating a year of significant success stories despite a challenging market.
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“We accomplished a number of outstanding property deals in 2024, including record setting dispositions in New York and Miami Beach, and look forward to a new year of progress and opportunity,” said Aby Rosen, Co-Founder and Principal of RFR.
Dispositions
Development/Redevelopment
Office Leasing
Seagram Building, New York: RFR’s continued successful management of Seagram has made it the benchmark for the New York City and Global trophy office leasing market, pushing the highest rents in the city and signing over 380,000 square feet of leases in 2024. At 100 percent occupancy at historically high rents, the property is extremely well-positioned for a successful refinancing in early 2025.
Refinancing
Dumbo Heights, Brooklyn, New York: RFR and its partner Kushner Companies secured a 4-year loan extension for the four-property office portfolio, effectively refinancing the portfolio despite challenging debt markets. Dumbo Heights was acquired in 2013, and ownership subsequently completed major repositioning and redevelopment, including investments in a curated retail experience that serves both office tenants and the surrounding neighborhood with health and wellness spaces plus notable dining, entertainment, and lifestyle options.
About RFR
RFR is a fully integrated real estate investment firm based in New York City with a core focus on select urban markets in the United States and Germany. Founded by Aby Rosen and Michael Fuchs in the early 1990’s, the firm has been an active force in the New York City and German real estate market for much of the past three decades. RFR’s portfolio has grown to include more than 100 commercial, residential, hotel, and retail properties located in select domestic and international markets.
375 Park Avenue - Seagram Building. (Photo: Business Wire)
NEW YORK--(BUSINESS WIRE)--Dec 18, 2024--
Imagine a tool that does it all: measures short distances, calculates long ones, aligns surfaces, and even gives you accurate angles, all while fitting in your hand. That’s the MILESEEY XTAPE1, a sleek, professional-grade digital laser tape measure making its U.S. debut at the end of December. On Kickstarter, the project has already attracted more than 800 supporters and raised nearly USD$200,000 with pre-sales surpassing USD$40,000, creating strong momentum for the launch.
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Download the high-res images here
Known worldwide for accuracy measurement tools, MILESEEY is launching the XTAPE1 on Amazon and its website. The XTAPE1 combines a tape measure with a laser module. It is a versatile, easy-to-use tool for everyone, from woodworkers to DIYers.
“The XTAPE1 was designed with accuracy at its core to make your job easier, whether you’re a professional or tackling a weekend project. It’s a dependable, user-friendly tool designed to streamline projects. We’re excited to bring XTAPE1 to the U.S. and to see how our customers use it to make their projects easier and more creative,” said Jore Chou, the founder and CEO of MILESEEY Technology.
A tool for every task
The XTAPE1 is a game-changer for those tired of juggling multiple tools. Its modular design pairs a 12-foot retractable tape measure with a laser rangefinder that measures up to 330 feet, making it ideal for everything from furniture to vaulted ceilings.
Accuracy is where the XTAPE1 truly shines, with the digital tape providing ±1/32" precision and the laser module ±1/16". MILESEEY’s Super OptiTracking™ technology ensures reliable measurements. A woodworking DIYer from the AU. shared, "The XTAPE1 is impressive; it combines many functions in a compact device. Its versatility is a real bonus, offering features I haven’t seen in similar products."
Making measuring easier for everyone
MILESEEY didn’t just design the XTAPE1 to be functional; it’s also incredibly user-friendly. Its 2-inch IPS display is easy to read in bright or dim lighting, and the rotating screen adjusts to any angle. Large fonts and seamless unit switching make it accessible for all users.
For tasks that require alignment, like hanging shelves or setting tiles, the XTAPE1 features an upgraded green laser with a 16.4-foot range and enhanced brightness for accurate markings on uneven surfaces. A woodworker from the U.S. noted, "The green laser makes it easy to get perfect right angles, even with slight deviations. It’s great for accuracy and efficiency in woodworking."
Stellar accuracy for exceptional results
The XTAPE1 redefines accuracy with MILESEEY's advanced Super OptiTracking™ technology. Whether using digital tape or laser measure, you can rely on the XTAPE1 for precise measurements every time, regardless of the task or distance.
Super OptiTracking™ ensures smooth, stable tracking in challenging scenarios. With features like an adjustable laser reference and continuous measurement mode, it guarantees precision while minimizing errors. Whether for quick tasks or complex projects, the XTAPE1 provides the accuracy and consistency needed for flawless results.
Built for real-world challenges
MILESEEY recognizes that every job is unique, which is why the XTAPE1 includes features for hard-to-reach spaces and complex angles. Its live angle display simplifies measuring slopes or vertical lines, while smart tech calculates distances even with obstacles.
For renovations, XTAPE1 auto-calculates area and volume, making material estimation easy. The 1/N line split function helps center objects and create evenly spaced designs.
"Measuring a staircase was so much faster—just point the laser and go. It saved hours compared to a tape measure,” said an architect from the U.S.
Sustainability meets durability
MILESEEY’s XTAPE1 features a modular design with a removable, replaceable tape blade that minimizes waste and extends its lifespan. Durable and corrosion-resistant, it’s built to last. Its compact, lightweight design ensures easy handling and storage, while the app allows for seamless storage and sharing of over 3,000 measurements.
Who will love the XTAPE1?
The XTAPE1 is ideal for anyone who values accuracy and efficiency, essential for woodworkers, interior designers, DIYers, and architects. It streamlines home renovations and large construction projects. MILESEEY is recognized globally for its innovative measurement tools, with products in over 100 countries and more than 10 million users. The XTAPE1 continues this legacy, making high-tech tools accessible to all.
Availability and pre-sales
The XTAPE1 will be available at the end of December on MILESEEY’s official website and Amazon, priced at $399. The MILESEEY XTAPE1 is currently available for pre-sale. To learn more or reserve your XTAPE1, visit MILESEEY Tools and MILESEEY XTAPE1.
About MILESEEY:
Founded in 2009, MILESEEY has rapidly become a global leader in accuracy measurement tools, known for its innovation and commitment to quality. With products sold in over 100 countries, MILESEEY continues to push the limits of what’s possible in measurement technology.
XTAPE1 (Photo: Business Wire)
