Category : Blog

Blog

Who’s News in Construction & Design: Danielson & Sproviero moving up

REW Staff
Scott L. Danielson, a vice president and technical director of Architecture at Parsons Brinckerhoff, was elevated to the College of Fellows of the American Institute of Architects (FAIA) during the 2014 AIA national convention in Chicago. The FAIA Fellowship program was developed to elevate architects who have made a significant...
New hotel for Gowanus
Blog

New hotel for Gowanus

REW Staff
Gowanus is getting another new development added to the list of growing projects – this time it’s a hotel. Massey Knakal Capital Services just closed a $9,608,000 ground-up construction loan, arranged jointly by Bruce Whipple and Roger Kapsalis of Massey Knakal for a boutique hotel near the Gowanus Canal.
Blog

McGowan completes Florida bank job

REW Staff
McGowan Builders Inc. has completed a 2,900 s/fTD Bank branch at 8690 Southwest 24 Street in Westchester, a Miami-Dade suburb, the first branch of its size in South Florida. The branch was awarded LEED Silver status by the U.S. Green Building Council and will serve as a model for future...
Team walking to raise cancer awareness
Blog

Team walking to raise cancer awareness

REW Staff
NGKF vice chairman Brian Waterman and developer Brad Blumenfeld will lead a team in the annual Light of the Night Walk taking place in Manhattan on September 18. The walk – organized by the Leukemia & Lymphoma Society (LLS) –  is part of  Blood Cancer Awareness Month and commemorates the...
Blog

Project manager expands US presence

REW Staff
Rider Levett Bucknall, a global leader in project management, construction cost consulting and construction advisory services, has announced that Toronto-based Clare Randall-Smith Pendlebury Cost Consultants (CRSP) has merged into the firm. CRSP will now be doing business in Toronto as RLB | CRSP Cost Consultants. The merger marks the global...
Latest tech lease a sign of the Times
Blog

Latest tech lease a sign of the Times

Linda O'Flanagan
Another tech tenant has leased space at the former New York Times building on 43rd Street. Advertising technology start-up, Collective is relocating and expanding from 31,000 s/f at 99 Park to a full 58,000 s/f floor 229 West 43rd Street. The new, custom-built office will bring the next wave of great engineers and creative strategists to New York, according to a spokesman for the company.
Blog

Street art ‘godfather’ heralds dawn of new Bowery building

REW Staff
Caspi Development has teamed up with street artist Shepard Fairey to outfit a 20,000 s/f mixed-use Bowery property with a bold new mural. Fairey is considered the godfather of the street art scene, and is best known for creating the famous Barack Obama “Hope” poster. Now, Fairey’s work adornd the seven-story property at 161 Bowery, a building Caspi bought earlier this year with a bold plan create modern office space for tech tenants.
RKF gets to work at The Factory
Blog

RKF gets to work at The Factory

REW Staff
RKF has been selected as the exclusive retail leasing agent for The Factory, a one-million-square-foot, multi-tenant commercial building located at 30-30 47th Avenue in Long Island City, Queens. Situated in the up-and-coming Hunter’s Point section of Long Island City, and occupying the entire block from 47th to 48th Avenues and 30th Place to...
New York at bottom of the heap when it comes to housing seniors
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New York at bottom of the heap when it comes to housing seniors

REW Staff
New York City, especially Manhattan, is certainly an ideal spot to start a life. Successfully launch a career here and it’s doubtful that you’ll ever struggle to launch one elsewhere. But when it’s time to pack the briefcase away and prepare to retire, the Big Apple could be one of the worst places to retire. A recent study published by WalletHub ranked New York City third last on a list of 150 senior-friendly cities, citing high taxes and an over-priced lifestyle as the primary flaws. Providence, Rhode Island was last.
Bank buys 222 Broadway building for $502M
Blog

Bank buys 222 Broadway building for $502M

REW
A branch of Deutsche Bank has purchased a lower Manhattan building from Beacon Capital for $502 million. RREEF, a property investment firm controlled by Deutsche Bank, made the buy on August 26. The 31-story Financial District Class A building at 222 Broadway has 780,000 s/f, according to Beacon Capital’s website.