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Articles in the Construction & Design Category

Brokers Weekly, Construction & Design, Featured »

[18 Sep 2014 | No Comment | ]
Schrager unveils 215 Chrystie

Ian Schrager has unveiled the design of 215 Chrystie, a new hotel and residential building scheduled to open in downtown Manhattan in 2016.

Designed by Pritzker Prize-winning architects Herzog & de Meuron, the 28-story building will house a 370-room hotel topped by 11 custom, one-of-a-kind residences with interiors by British designer John Pawson.

Construction & Design »

[17 Sep 2014 | No Comment | ]

Donnelly Mechanical Corporation has enhanced its market partnership with Con Edison’s Green Team and the New York State Energy Research and Development Authority (NYSERDA) to offer increased energy incentives to ConEd’s commercial and industrial customers through the Demand Management Program.
Customers who install energy-efficient technologies that improve the operational performance of buildings and reduce consumption during peak summer hours can take advantage of the Demand Management Program’s increased incentives.
The Demand Management Program is an extension of Con Edison’s Commercial & Industrial Energy Efficiency Rebate Program, a new strategy that offers incentives …

Construction & Design »

[17 Sep 2014 | No Comment | ]

IVI International, Inc., a construction risk management and due diligence consultancy, announced that it has signed a lease for additional office space, expanding its presence on White Plains, New York’s West Red Oak Lane.
The announcement was made by Carl de Stefanis, P.E., CEO of IVI. “We’re excited to be growing our footprint on West Red Oak Lane with this additional space. IVI’s growth ultimately demonstrates our commitment to serving our clients’ needs,” said de Stefanis.
IVI took roughly 5,000 s/f att 4 West Red Oak Lane. The firm now …

Construction & Design »

[17 Sep 2014 | No Comment | ]

By David V. Griffin
Since founding his eponymous firm in 1978, award-winning architect Howard L. Zimmerman has worked on the interior and exterior restoration of numerous residential, commercial and institutional buildings — and has the trophies to prove it, in the form of a unique collection of architectural elements and replica castings that decorate his NoMad office.
“I remember when I was just starting out seeing one of the eagles from the original Pennsylvania Station in a law office,” Zimmerman said. “I thought that was amazing.
“As I started working with replicating …

Construction & Design »

[17 Sep 2014 | No Comment | ]

New York City’s private and public building owners initiated $5.7 billion worth of alteration and renovation (A&R) projects in 2013, a 5 percent increase from 2012, when A&R starts totaled $5.4 billion, and a 25 percent increase from 2011 ($4.6 billion).
The upward trend has continued through the first six months of 2014, with A&R construction starts valued at $3.6 billion, according to a New York Building Congress analysis of McGraw Hill Construction Dodge construction data.
The data used in this report encompass all alteration and renovations to existing structures started …

Construction & Design, Featured »

[17 Sep 2014 | No Comment | ]
NYC libraries in woeful state, report finds

A new report published by the Center for an Urban Future finds that while more New Yorkers than ever are using the city’s public libraries, a significant share of the branches suffer from major physical defects.
The report reveals that the average branch library in the city is 61 years old, with a quarter of the city’s 207 branches built over a century ago.
It also shows that the city’s three library systems have at least $1.1 billion in capital needs, with 59 different branches requiring $5 million or more in maintenance …

Construction & Design, Headline »

[17 Sep 2014 | No Comment | ]
Skyway could ease commuter crunch

A proposed East River Skyway could ease commuter congestion between Manhattan and the booming Brooklyn market.

The first phase of the Skyway would connect the waterfront area in Williamsburg to Downtown Manhattan, South Williamsburg and the Brooklyn Navy Yard.

“Given the exciting growth in Brooklyn and Queens, it is essential to adapt New York City’s transportation system to serve residents in these booming areas,” said Daniel Levy, president of East River Skyway and CityRealty.

Levy unveiled his proposal yesterday (Tuesday) at the Massey Knakal Brooklyn Real Estate Summit.

Construction & Design, Deals & Dealmakers, Featured »

[17 Sep 2014 | No Comment | ]
New York developers building wrong type of towers

Are New York’s developers building the wrong kinds of office towers? In real estate circles this question amounts to blasphemy – which is perhaps why it takes two academics to ask it.

“We’re not building the stuff that the workers of the future want to be in,” said Vishaan Chakrabarti, director of the Center for Urban Real Estate (CURE) at Columbia University.

“That whole Mad Men idea of building these big, tall, glass skyscrapers, you know, most young workers don’t want to work in that kind of environment.”

Construction & Design »

[15 Sep 2014 | No Comment | ]

Boston Road is a new 154-unit permanent supportive housing residence in the Bronx, and is one of the first buildings to use the New York State Medicaid Redesign Team (MRT) capital funding to employ housing as a strategy for reducing health care costs.
The building will house seniors, the formerly homeless, and low-income residents. Boston Road, designed by Alexander Gorlin Architects, will feature a landscaped terrace, green roof, recreational space, exercise room, and computer lab.
Sustainability features include high performance boilers, energy efficient fixtures and lighting controls, water saving plumbing fixtures and Energy Star appliances.
 
 

Construction & Design, Headline »

[12 Sep 2014 | No Comment | ]
New York’s schools go on construction binge

New York’s schools and universities are expanding, and that’s good news for the real estate industry.

Educational institutions are set to invest billions in capital programs over the next years – much of it earmarked for new construction. Increasingly, this benefits not only construction firms, but also developers who have partnered up with universities.

At a panel titled “Schools, Colleges and Universities – A Construction Report Card”, hosted by Zetlin & De Chiara LLP and JLL last Thursday, executives of four major universities and the NYC School Construction Authority (SCA) gave updates on their capital plans and the state of the educational sector.

Driving the boom in education construction is a growth in university enrollment and a need for renovations, according to the panelists.

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