Category : Construction & Design

Construction & Design

Sprawling Bronx apartment complex gets $17M makeover

REW
A $17 million renovation project has been completed in the Soundview neighborhood of the Bronx. The 972-unit Lafayette Boynton complex has been given the massive overhaul by Nelson Management Group, through its investment arm Global One Investments led by principals Robert Nelson and Michael Gerstein, and L+M Development Partners, through its...
Old speaks to new at building Brooklyn conference
Construction & Design

Old speaks to new at building Brooklyn conference

REW
Thriving Brooklyn, New York City’s born again hub of commerce, business and housing, was the predominate theme when a capacity crowd of 150 policymakers, real estate, finance, development and construction leaders filled the Harvard Club at the breakfast conference Building Brooklyn: A New Era in New York Real Estate on...
Hudson Yards retail gets underway with one of biggest steel orders in US history
Construction & DesignFeaturedHeadlineRetail

Hudson Yards retail gets underway with one of biggest steel orders in US history

REW
Hudson Yards today announced the start of vertical construction on The Shops & Restaurants at Hudson Yards, its one million square foot retail center and the future home of New York City’s first Neiman Marcus flagship store and Chef Thomas Keller’s new classic American restaurant. Construction commenced after the site...
DOB investigating after Midtown crane accident
Construction & Design

DOB investigating after Midtown crane accident

REW
More details have emerged after a scary construction accident May 31 when a massive air conditioning unit fell 30 stories to the ground after snapping off of a crane that was hoisting it to the top of a midtown building. The incident happened around 10:40 a.m. Sunday morning at 261...
Construction & Design

Octogenarian Richard Ravitch outlines plan for senior housing

REW
Richard Ravitch, owner of the Waterside Plaza apartment development on the East River, wants to see the bookend parcel of a proposed sanitation garage on East 25th Street become housing for seniors. Ravitch discussed the issue at a meeting held by the Waterside Tenants Association, saying that some kind of...
Construction & Design

Pol wants locals to have more say on landmark work

REW
Council Member Helen Rosenthal is set to introduce a bill tomorrow (Thursday) that would increase community input on renovation plans for landmarked buildings or buildings in historic districts. Currently, developers who want to modify a landmarked or historic building present their plan to the local community board and then to...
Construction & DesignDeals & Dealmakers

New York Building Congress honors industry leaders

REW
Nearly 1,100 men and women from the design, construction, and real estate community gathered on May 13 to pay tribute to Deputy Mayor for Housing and Economic Development Alicia Glen, Skanska USA President and CEO Richard Cavallaro, and Milstein Properties Chairman and CEO , during the New York Building Congress...
Construction & Design

Ismael Leyva to design Morris Moinian’s new midtown hotel

REW
New York City architectural firm, Ismael Leyva Architects, has been selected to design a new midtown hotel at 1150 Avenue of the Americas in Manhattan. The new hotel has yet to be named. Developed by the Fortuna Realty Group, the new hotel will ascend as a 40-story tower, totaling upwards of...
Partners plan $11M overhaul of LES property
Construction & Design

Partners plan $11M overhaul of LES property

REW
Global One Investments, led by principals Michael Gerstein and Robert Nelson, and L+M Development Partners have announced the plans for capital improvements to 257-271 South Street. The joint venture partners acquired the 256-unit apartment building on the Lower East Side for $115 million. The property was previously owned by the...
Construction & Design

Annual Safety Week campaign underway

REW
Leaders of the nation’s largest construction companies are uniting this week to promote a new culture of worker safety, one that is changing the industry that built America. The centerpiece of the campaign is Safety Week, running May 4-8, during which 44 sponsor companies will host activities nationwide to reinforce...