Category : Construction & Design

Going the extra green mile

REW September 30, 2015 September 30, 2015

by REWSeptember 30, 2015September 30, 20151060

By David Glickman, P.E., LEED AP, Principal, and, Michael Jordan, LEED AP, Director of Sustainability, GEA All professionals involved in the construction industry are planning to get on (it’s never too late!) the energy and sustainability train. It is important to realize that energy and sustainability have already become their...

Construction & Design Deals & Dealmakers Featured

Shorenstein to spend $30M upgrading 1407 Broadway

REW September 30, 2015 September 30, 2015

by REWSeptember 30, 2015September 30, 20151457

Shorenstein Properties has launched a $30 million renovation at 1407 Broadway, the 1.1 million square foot tower it bought for $330 million in the spring. Shorenstein acquired the 1407 Broadway ground lease from Abraham Kamber Associates and the sublease from Lightstone in April 2015. In a press release, the company said the capital improvement program “will enhance 1407...

Construction & Design Deals & Dealmakers Residential Retail

A mini-Meatpacking District staking a claim to Harlem

REW September 23, 2015 September 23, 2015

by REWSeptember 23, 2015September 23, 20151138

By Josh Lipton, Cushman & Wakefield New York City’s most fashionable neighborhood, the Meatpacking District, where hip restaurants, exclusive clubs, and boutiques dot the cobblestone streets, is coming to Upper Manhattan. Call it the Mini-Meatpacking District and, while still in the early stages, all the ingredients are there for the...

Construction & Design Lawsuits

City tip-toeing around mandatory inclusionary housing charges

REW September 9, 2015 September 9, 2015

by REWSeptember 9, 2015September 9, 20151089

By David Karnovsky, partner, Fried, Frank, Harris, Shriver & Jacobson LLP Last month, quietly and without much fanfare, the DiBlasio Administration announced the outlines of its proposed mandatory inclusionary housing program (MIH) under which developers of market rate housing will be required to set aside a fixed percentage of building...

Construction & Design Green Building

Architects take a shine to LEDs

REW August 26, 2015 August 26, 2015

by REWAugust 26, 2015August 26, 20152737

By David Cyr, director, Lilker Lighting Group Architects and designers live with trade-offs every day, often faced with difficult choices between clients’ needs and artistic conception, value and aesthetics, savings and durability. Until recently, LED lighting, a technology employing little red, green and blue light-emitting diodes, was one of those...

Construction & Design

Engineering master Herb Rothman dead following auto accident

REW August 11, 2015 August 11, 2015

by REWAugust 11, 2015August 11, 20152014

Herbert Rothman, 91, of Syosset, New York, died on Sunday, July 26, 2015, as a result of injuries sustained in an automobile accident. A graduate of Rensselaer Polytechnic Institute and principal of Weidlinger Associates since 1977, he was highly regarded in the civil engineering community as a foremost expert on...

Construction & Design Deals & Dealmakers Featured Headline

Hudson River tunnel project back on, says Schumer

REW August 11, 2015 August 11, 2015

by REWAugust 11, 2015August 11, 20152555

The Gateway Project, a plan to build a high-speed railway corridor under the Hudson River between New Jersey and New York, is back on. A day after Amtrak president Steven Gardner testified before the New Jersey Senate Legislative Oversight Committee about the railway’s outdated equipment and much-needed repairs, Senator Chuck...

Construction & Design

Design/build agreements for P3s: Panacea or problem?

REW August 11, 2015 August 11, 2015

by REWAugust 11, 2015August 11, 20151473

By Brian G. Lustbader, Esq., Schiff Hardin LLP Our nation’s rapidly deteriorating infrastructure has spurred many states, municipalities and other public agencies to seek out new and innovative solutions to what has seemed like intractable procurement and production problems. One such innovation that more and more jurisdictions are trying out...

Construction & Design

Every crane in the city right now is being used to build apartments

REW July 30, 2015 July 30, 2015

by REWJuly 30, 2015July 30, 2015968

A crane count has found high rise condo development is driving the national construction boom. In New York City, all 70 cranes currently operating are being used for high-rise residential development and mixed-use developments such as 215 Chrystie, The Renwick and 50 West Street, according to a new report from...

Construction & Design Deals & Dealmakers Debt & Equity

Stellar Management partners with CAMBA to rehab affordable Staten Island complex

REW July 30, 2015 July 30, 2015

by REWJuly 30, 2015July 30, 20151066

In an effort to preserve and restore a 454-unit Mitchell-Lama Affordable Housing development in St. George, Staten Island, Stellar Management and CAMBA Housing Ventures have acquired Castleton Park. Working in co-ordination with the NYC Housing Development Corporation (HDC), NYC Department of Housing Preservation and Development (HPD), the U.S. Department of...