Deals & Dealmakers »

[12:11 pm, November 26, 2014 | No Comment | ]

Cohen Equities acquires $100M in retail across U.S.
Cohen Equities, a New York City-based commercial real estate firm, announced that it recently acquired six retail properties across the U.S., contributing to a total of $100 million in new assets in 2014. In total, the firm has purchased 26 properties in 13 states across the U.S. since its launch in 2012.
To date, the company has acquired properties in Missouri, Pennsylvania, North Carolina, South Carolina, Georgia, Arizona, New York and Maryland, among others. The most recent acquisitions include:
The Meadows at Lake St. …

Green Building »

[11:54 am, November 26, 2014 | No Comment | ]

GreenStar Hub (GSH) has launched GreenStar NYC, a smart city mobile app to help NYC consumers and businesses achieve their sustainability goals.
Through the app, New Yorkers can find geo-tagged GreenStar Certified businesses, locally made green products, women- and minority-owned businesses, and a citywide green events calendar.
Businesses can access a database of tenders or bidding opportunities, energy incentive programs, and news feed that showcase sustainability practices throughout NYC to millions of residents, businesses, and visitors.
Locals and tourists can learn about how the public and private sectors throughout NYC are going green …

Construction & Design, Green Building »

[11:53 am, November 26, 2014 | No Comment | ]

Governor Andrew M. Cuomo announced the completion of a series of storm resiliency measures and energy efficiency upgrades at Coney Island Hospital that totaled $21 million.
The enhancements will help protect critical equipment from extreme flooding like what the health-care facility experienced during Superstorm Sandy in 2012.
In addition to fortifying the equipment, the improvements will save the healthcare facility, located in Southern Brooklyn, $1.5 million in annual energy costs and reduce harmful greenhouse gas emissions by more than 7,000 tons a year.
“Superstorm Sandy showed us the importance of proactively strengthening our …

Construction & Design »

[11:51 am, November 26, 2014 | No Comment | ]

PS340, a public school developed by the NYC School Construction Authority (SCA) and designed by MDSzerbaty+Associates (MDSA), opened its doors in Chelsea recently.
Located at the corner of the Avenue of Americas and 17th Street, the 95,000 s/f project involved converting the lower six floors and cellar of the 14-story building into a Pre-K through Grade 5 school that serves 518 students.
“This facility demonstrates how the SCA is meeting the demand for schools within New York’s tight urban environment,” said Michael Szerbaty, MDSA principal.
“The challenge was to design a vibrant and …

Construction & Design »

[11:49 am, November 26, 2014 | No Comment | ]

Spector Group, a LEED accredited architecture, interior and planning firm, announced that construction is complete on the entire interior and exterior renovation of the lobby of 123 William Street.
The building is owned by East End Capital, an investment firm that targets office, retail and residential properties in major markets on the east coast of the U.S.
Prominently located near the new Fulton Center in the Financial District, 123 William is a 27-story, 550,000 s/f building.
“The challenge was to give this significant location an exceptionally powerful architectural entry way, making it the …

Construction & Design »

[11:48 am, November 26, 2014 | No Comment | ]

Mancini•Duffy, an architectural and interiors practice, has been commissioned by Normandy Real Estate Partners to provide full architectural design services for the renovation and modernization of Normandy’s 125 West 25th Street.
Initial plans call for prime ground-floor retail and expanded retail storage in the lower level of the 12-story, 140,000 s/f loft office building located in Manhattan’s Chelsea neighborhood.
In addition to the retail component, the top ten floors will offer new office space with a fresh, modern infrastructure.
“We’re truly looking forward to working with Normandy Real Estate Partners  on the renovation …

Construction & Design »

[11:38 am, November 26, 2014 | No Comment | ]

General contractor Stalco Construction, construction manager The LiRo Group, H3 Hardy Collaboration Architecture, and Battery Park City Authority received the ENR New York Best of 2014 Award in the Restoration/Renovation Category for the restoration and renovation of the landmark Pier A in Manhattan’s Battery Park.
Shari C. Hyman, president & COO of the Battery Park City Authority, said, “The restoration of Pier A stands as a testament to the collaboration between BPCA’s remarkable staff working with an outstanding group of professionals from H3 Hardy Collaboration, Stalco Construction, and The LiRo Group.
“Our collective …

Green Building, Property Managers »

[11:34 am, November 26, 2014 | No Comment | ]

Inspired and modeled after its successful roof gardens at 250 Hudson Street and Symphony House, owner/developer Jack Resnick & Sons has just completed two more green roof installations, both at its Lower Manhattan office tower, 255 Greenwich Street.
Situated atop both the 14th floor and the mechanical bulkhead of the building, the new 20,000 s/f of “extensive” green roof area was designed and engineered by FXFowle Architects and installed by Rally Restoration.
The newly planted roof areas will provide a number of ecological benefits to the property and neighborhood, including improved stormwater …

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