Category : Construction & Design

Windows operating system set to put Crystal among next gen’ companies

REW August 18, 2016 August 18, 2016

by REWAugust 18, 2016August 18, 20162287

Crystal Window & Door Systems has implemented a new multi-million dollar enterprise-wide computer system. The next-generation platform manages the company’s quoting, sales, production, delivery and other vital operations. In use at Crystal’s headquarters and main production plant in New York, the system is being phased in at Crystal’s other production...

Construction & Design Featured Technology

Developer pioneering city-in-a-box platform at new $500M community

REW August 18, 2016 August 18, 2016

by REWAugust 18, 2016August 18, 20162318

22 Capital Partners, a venture builder private equity company, announced the formation of 22 CityLink to create the “Smart City In-a-Box” platform. 22 Capital Partners has formed 22 CityLink to build the foundation for the development of smart cities by linking together all aspects of real estate development with a...

Construction & Design

Dunn Development digs deep to provide homes for CFS

REW August 17, 2016 August 17, 2016

by REWAugust 17, 2016August 17, 20161235

The Center for Family Support (CFS) and Dunn Development Corp. held a ribbon cutting and open house at CFS’s newest residential apartments, located at 59 Frost Street in Williamsburg. CFS service recipients, who have recently moved into the Frost Street Apartments, spoke about what it means to them to have...

Construction & Design Featured

American Dream mall a costly nightmare

REW August 17, 2016 August 17, 2016

by REWAugust 17, 2016August 17, 20162054

American Dream Mall developer Triple Five is working to secure a $2.65 billion financing package to finish the beleaguered project. The deal would make the Meadowlands development — first started in 2003 — one of the most expensive retail projects ever. The family-owned Triple Five development firm took over what...

Construction & Design

Tight construction labor market pushing up worker salaries

REW August 11, 2016 August 11, 2016

by REWAugust 11, 2016August 11, 20161197

Construction firms added 14,000 workers in July and construction industry pay rose at the fastest rate in seven years as contractors bid to attract workers, according to an analysis of new government data by the Associated General Contractors of America. Association officials added that tight labor market conditions have driven...

Construction & Design Debt & Equity Residential

Ironstate, Panepinto land $155M loan for second Jersey City apartment tower

REW August 10, 2016 August 10, 2016

by REWAugust 10, 2016August 10, 20161434

Holliday Fenoglio Fowler, L.P. secured $155.83 million in financing for the development of 90 Columbus, a 539-unit, 50-story, Class A apartment tower in Jersey City, New Jersey. HFF worked exclusively on behalf of Ironstate Development and Panepinto Properties, Inc. to secure the construction loan through a national commercial bank. The...

Construction & Design Deals & Dealmakers

Carolyn Maloney leads fresh call to seize Brodsky site for Bushwick park

REW August 9, 2016 August 9, 2016

by REWAugust 9, 2016August 9, 20161747

After a $100 million offer expired, politicians and officials are calling for the city to use eminent domain to seize a waterfront site in Brooklyn long-promised to be the last piece of a planned city park. The area in question is an 11- acre site on the northern tip of...

Construction & Design

Developers sought for Harlem River waterfront

REW July 22, 2016 July 22, 2016

by REWJuly 22, 2016July 22, 20161205

The city is looking for developers interested in creating a new “Gateway to the Bronx.” Arequest for expressions of interest (RFEI) has been issued for the long-term lease and redevelopment of a 158,000 s/f site along the Harlem River in the South Bronx. The vacant site could be redeveloped to...

Construction & Design Residential

Classic or chaotic, copyrighting architectural works is an art form

REW July 13, 2016 July 13, 2016

by REWJuly 13, 2016July 13, 20161679

By Amy Goldsmith and Laurie Stanziale, Tarter Krinsky & Drogin Congratulations! You’re about to embark on a residential development, and you have a list of architects to interview. Or you maybe an architect who has been referred to a new client whose commercial building business is growing rapidly. Before stepping into...

Construction & Design

Securing a Special Parking Permit for Manhattan residential developers

REW July 13, 2016 July 13, 2016

by REWJuly 13, 2016July 13, 20161268

By Amir Rizavi and Noah Bernstein, VHB When parking is at a premium, every space counts. According to the Manhattan Core Public Parking Study published by the New York City Department of City Planning in 2011, while off-street parking in the Manhattan Central Business District has become less critical over time...