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Articles in the Construction & Design Category

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[20 Nov 2014 | No Comment | ]
Historic Manhattan West platform is finished

More than 200 union workers, along with Brookfield Global Office CEO Dennis Friedrich; Amtrak Deputy Chief Engineer Section Improvement Al Fazio; plus Amtrak, Long Island Railroad and New Jersey Transit workers, celebrated the historic completion of the platform built over the rail approach to Penn Station, creating the space that will be a new public plaza at Manhattan West, a mixed use commercial development.

Construction & Design, Featured »

[20 Nov 2014 | No Comment | ]
Construction boss convicted of not paying fair

Attorney General Eric T. Schneiderman today announced the conviction and sentencing of Leonid Fridman for failing to pay legally required wages to his workers on a Port Authority of New York and New Jersey construction project.

Fridman pled guilty to the felony crimes of grand larceny in the second degree and violation of prevailing wage requirements of New York State Labor Law. As a condition of the plea, Fridman agreed to pay $200,000 in restitution to underpaid workers and prohibition from working on public works projects for five years. Fridman was sentenced to five years of probation.

Construction & Design, Deals & Dealmakers »

[20 Nov 2014 | No Comment | ]

Each year, NAIOP New Jersey honors the industry’s best and brightest, and the commercial real estate development association is now accepting nominations for the 28th Annual Commercial Real Estate Awards.
Details and nomination forms are available at www.naiopnj.org. The awards will be presented at the 2015 Gala on May 14, slated for the Palace at Somerset Park, Somerset, N.J.
The Commercial Real Estate Awards showcase excellence in real estate development, including innovation, impact, leadership and contributions to the community. The deadline for nominations is Tuesday, December 30, 2014 at 5 p.m. The honorees will be …

Construction & Design, Retail »

[19 Nov 2014 | No Comment | ]

Racanelli Construction Company has been awarded a construction project to rebuild the iconic Nicky’s Clam Bar on the Great South Bay in Bay Shore, NY.
The existing clam bar, known to all boaters in the area, will be knocked down and demolished and replaced by a brand new and updated clam bar and restaurant on the bay. Racanelli is serving as the Construction Manager on the project.
Principal and project executive Martin Racanelli, Jr. said, “The old building had been added on to for years making it outdated and visually less appealing. …

Construction & Design, Retail »

[19 Nov 2014 | No Comment | ]

Retail construction specialists B.R. Fries & Associates has completed BJ’s Wholesale Club on the waterfront of Brooklyn.
The 135,000 s/f, two-story outlet, which opened last month, is the big box retailer’s largest store.
The Bensonhurst site presented some unique challenges for the building team, most critical the location on a public waterfront esplanade which was once wetlands. The work – which began in December 2012 – also required considerable contaminated soil removal and replacement following the severe weather and tidal surge of Superstorm Sandy.
Stephen Scofield, director of operations for B.R. Fries and …

Construction & Design »

[19 Nov 2014 | No Comment | ]

The Hudson River Park Trust (HRPT) and The Diller – von Furstenberg Family Foundation announced plans to turn Pier 54 on the lower west side into a public park and performance.
To be called Pier 55, the project will replace the deteriorated pier and be funded primarily by the Diller –von Furstenberg family, which has established a new nonprofit, named Pier55, Inc. (P55). to build and operate the pier in co-operation with HRPT.
Construction of the 2.7-acre space is expected to start in 2016 at a cost in excess of $130 million, …

Construction & Design, Featured »

[18 Nov 2014 | No Comment | ]
FCR buys modular factory from Skanska

Forest City Ratner has taken control of the modular housing factory for its stalled Brooklyn residential tower from Skanska – but don’t expect construction to resume anytime soon.

The firms announced the deal in a press release yesterday (Tuesday). The current litigation between the firms will not be affected by the agreement. Work on the residential tower B2 Brooklyn has been stalled for months due to disputes over delays and cost overruns between Forest City Ratner and Skanska.

By taking over Skanska’s ownership share for an undisclosed amount, Forest City hopes to get the project going again. But it may be a while before construction resumes, said a person familiar with the project.

Construction & Design »

[12 Nov 2014 | No Comment | ]

Montefiore Health System, the University Hospital for Albert Einstein College of Medicine, opened its new Hutchinson Campus – a 12-story, 280,000 s/f multi-specialty care center developed by Simone Healthcare Development that offers New Yorkers the latest in ambulatory medicine.
Montefiore’s new campus is one of the largest ambulatory surgery centers in the New York metropolitan region.
The building was specifically designed to provide a healing environment and give patients a better experience, offering an array of services in one, convenient location: primary and specialty care visits, diagnostic imaging, surgery, and even a …

Construction & Design, Photo Gallery »

[12 Nov 2014 | No Comment | ]

Photos by Nicolas Lemery Nantel
For three nights – November 6 – 8, The New York Festival of Light (NYFOL), illuminated DUMBO, Brooklyn, with a curated collection of lighting installations from renowned artists working in the medium of light from all over the world and right here in New York City. The festival, which was open to the public, was programmed to appeal to people of all ages.
The lighting installations interacted with and animated the historic infrastructure of the Anchorage of the Manhattan Bridge and Plaza Tringle area. Several installations including …

Construction & Design, Deals & Dealmakers, Featured, Finance & Accounting »

[7 Nov 2014 | No Comment | ]
Simon Baron Development to fund new micro-housing venture

Stage 3 Properties and Simon Baron Development Group announced the launch of a new micro-housing venture to address the needs of first-time renters in New York City and similarly rent-burdened communities in other cosmopolitan markets.

The newly formed partnership aims to assist first time renters in their transition from one life stage to the next by introducing 10,000 high-end micro-units, starting with several major east coast cities, including New York City, Boston, Philadelphia, Washington D.C., and Miami.

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