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[30 Jul 2014 | No Comment | ]

The City has issued a request for proposals to develop a site in Flushing, Queens.
In the RFP issued by the New York City Department of Housing Preservation and Development (HPD) developers are invited to submit proposals for a new construction project on the city-owned site at 133-45 41st Avenue.
The site is bordered by College Point Boulevard, Main Street, and the Long Island Rail Road (LIRR) line in Flushing, within Community District 7.
According to HPD, the goal is to develop a transit-oriented, mixed-use, mixed-income development that will expand affordable housing opportunities …

Construction & Design »

[30 Jul 2014 | No Comment | ]

The NYC Department of Transportation (DOT) and the Design Trust for Public Space last week unveiled The Boogie Down Booth, the second prototype for the Under the Elevated project in collaboration with the Bronx Music Heritage Center (BMHC) of the Women’s Housing and Economic Development Corporation (WHEDco).
Located at the Freeman Street station bus stop underneath the 2/5 subway tracks in the Bronx, the temporary resting spot provides solar-powered lighting and directional speakers playing Bronx artists’ music to enhance the space beneath the train tracks.
The community provided guidance on the design and function of the installation.
It serves as a test to make the area a more hospitable place …

Construction & Design »

[30 Jul 2014 | No Comment | ]

The NYC Department of Transportation (DOT) and the Design Trust for Public Space last week unveiled The Boogie Down Booth, the second prototype for the Under the Elevated project in collaboration with the Bronx Music Heritage Center (BMHC) of the Women’s Housing and Economic Development Corporation (WHEDco).
Located at the Freeman Street station bus stop underneath the 2/5 subway tracks in the Bronx, the temporary resting spot provides solar-powered lighting and directional speakers playing Bronx artists’ music to enhance the space beneath the train tracks.
The community provided guidance on the design and function of the installation.
It serves as a test to make the area a more hospitable place …

Construction & Design »

[30 Jul 2014 | No Comment | ]

Rechler Equity Partners, the largest owner and operator of commercial properties on Long Island, announced plans for the development of three parcels that, when combined, offer 119,000 s/f of industrial/flex space within the Islip Foreign Trade Zone (FTZ).

Located adjacent to Islip’s Long Island MacArthur Airport, the FTZ was established in 1982 to promote and encourage international trade, providing local businesses the opportunity to reduce costs and compete in the international marketplace.
Foreign Trade Zone tenants are offered several benefits, including deferral of duties and taxes paid on merchandise when entering U.S. …

Construction & Design, Featured, Retail »

[30 Jul 2014 | No Comment | ]
Nordstrom Rack to open at Staten Island’s new mall

Seattle-based Nordstrom, Inc. announced today plans to open a Nordstrom Rack at the Empire Outlets in Staten Island, N.Y. The approximately 34,000-square-foot store is scheduled to open in fall 2016. The property is being developed byBFC Partners.

The newly built, two-level Rack will be a part of roughly 100 retailers going into the one-million-square-foot waterfront development within the St. George neighborhood of Staten Island.

Brokers Weekly, Construction & Design »

[30 Jul 2014 | No Comment | ]

Luxury private developer Château Group and FENDI, the Italian luxury house, have inked a partnership to develop FENDI Château Residences, a new and exclusive 12-story waterfront condominium building located in Miami, Florida two blocks south of The Bal Harbour Shops.
The new venture marks FENDI’s first branded real estate project globally.
FENDI Château Residences, slated to be completed in June 2016, are located at 9365 Collins Avenue. the development features 58 exclusive floor-thru oceanfront residences and penthouses ranging in size from 3,300 to more than 7,000 s/f, with prices from $5 million …

Construction & Design, Featured »

[30 Jul 2014 | No Comment | ]
$1B in school work boosts city’s new construction numbers

New York City’s public and private institutions began $643 million in construction projects during the first five months of 2014, up from $581 million through May of 2013, according to a New York Building Congress analysis.

Work on New York City public elementary and secondary schools accounted for $1.0 billion, or 43 percent, of all institutional construction starts by total value in 2013.

Brokers Weekly, Construction & Design »

[25 Jul 2014 | No Comment | ]

By Holly Dutton
Midtown West and Williamsburg were hot neighborhoods for new development in the second quarter of 2014, according to a 2Q market report from real estate firm MNS.
In Manhattan, new development sponsor sales jumped up 13.3 percent since 1Q of 2014, with 333 sponsor units sold, up from 294.
Upper Manhattan is again proving to be a booming real estate market with 17 percent of all new development sales having taken place in Harlem — the most in the borough.
Total sales volume for new development were up 43.6 percent in …

Construction & Design »

[24 Jul 2014 | No Comment | ]

Mayor de Blasio has mnamed Rick Chandler as the Department of Buildings Commissioner.
Chandler is a professional engineer and assistant vice president of facilities at Hunter College.
He brings years of large-scale management experience and expertise in the building code and zoning resolution to the job.
Chandler served as a Borough Commissioner of Queens, Brooklyn, and the Bronx from 1995-2002. As Commissioner, he will be tasked with ensuring the safe and lawful use of more than 975,000 buildings and properties in New York City by enforcing the Building Code, Electrical Code, Zoning Resolution, …

Construction & Design »

[24 Jul 2014 | No Comment | ]

Mayor Bill de Blasio last week announced a package of investments in Downtown Brooklyn aimed at bolstering the district as an economic, cultural and education hub.
Ten years after the area’s major rezoning, the administration is seeking to knit together Downtown Brooklyn’s parks, commercial strips and institutions.
Included in the package are redesigned street, opening the ground floors of city-owned buildings to retail development, opening new parks and improving existing ones, and collaborating with the area’s 11 major education institutions to position Downtown Brooklyn as a national leader in technology.
“This is one …

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