Category : Construction & Design

Construction & DesignDebt & Equity

Micro-apartments attract mezzanine funding

REW
by REW1081
Pembrook Capital Management has closed on a $6.25 million mezzanine loan to fund development of a 123-unit micro-apartment project in downtown Portland. Known as Tess O’Brien, the development consists of two six-story buildings containing 40,604 s/f and offers an amenity package including private courtyard with fire pit and built-in barbecue,...
Construction & Design

First Lady falls in love with new Whitney Museum

REW
by REW905
First Lady Michelle Obama fell in love with the new Renzo Piano-designed Whitney Museum that builders have made a miracle on the Hudson. Turner Construction pumped a staggering six million gallons of water — the equivalent of 10 Olympic-sized pools — out of the site in the wake of Hurricane...
Construction & Design

Shipping container builder inks deal for international trade

REW
by REW1677
SG Blocks, a New York-based company that designs container-based structures, has formalized a deal for international deployment of its construction technology. The firm has entered into an agreement with Red Cardinal Holdings, a company that targets investments in green energy, real estate / infrastructure development and pharmaceuticals. SEC filings show...
Construction & Design

Vision Real Estate, Rubenstein Partners break ground for MetLife’s new global HQ

REW
by REW1366
Vision Real Estate Partners, Rubenstein Partners and MetLife hosted the official groundbreaking ceremony to kickoff construction of the new global headquarters for MetLife Investments. Located at 67 Whippany Road in Hanover, NJ, the 185,000 s/f Class A build-to-suit office facility will accommodate 850 employees and marks significant growth of MetLife’s...
Construction & Design

Former buildings commissioner joins Vidaris

REW
by REW1248
Vidaris Inc. has launched a new Code Advisory practice headed by former New York City Department of Buildings Commissioner Robert LiMandri. The services offered by the group will help clients understand complex, newly-adopted building, energy and zoning codes. The new group’s goal is to maximize their clients’ return on investments...
Construction & Design

Brookfield begins installation of glass curtain wall at Manhattan West

REW
by REW1275
Brookfield Property Partners has begun the installation of a unique set of glass panels on the exterior of 450 West 33rd Street, marking the start of the transformation of that building into Five Manhattan West, the first of three commercial buildings that will occupy the five-acre site. Designed by REX Associates,...
School building redeveloped as senior housing
Construction & Design

School building redeveloped as senior housing

REW
by REW1394
The Mayor of Albany, Kathy M. Sheehan, took the time to tour WinnDevelopment’s Livingston School project this week. In partnership with the Albany Housing Authority, Winn recently opened the doors to the new Livingston School and started leasing. Winn transformed this underutilized historic property into a beautiful mixed-income senior living...
Construction & Design

PWC renews pledge to crack ‘concrete ceiling’

REW
by REW1330
Barbara Armand, the recently elected president of Professional Women in Construction (PWC), is glad to embrace the challenge that heading a leading industry organization brings. Says Barbara, “PWC has been firmly committed to advancing professional, managerial and entrepreneurial opportunities for women in construction and related industries for 35 years. Even...
Employers action plan to reach MWBE goals
Construction & Design

Employers action plan to reach MWBE goals

REW
by REW2138
The Building Trades Employers’ Association (BTEA) has announced the creation of the “Access to Construction Contracts Today” (ACCT) program to help support the growth of minority and women owned businesses (MWBE). The program creates a 35-member MWBE Leadership Council in the BTEA that will oversee the creation of a uniformed...
Construction & Design

PWC renews pledge to crack ‘concrete ceiling’

REW Staff
by REW Staff725
Barbara Armand, the recently elected president of Professional Women in Construction (PWC), is glad to embrace the challenge that heading a leading industry organization brings. Says Barbara, “PWC has been firmly committed to advancing professional, managerial and entrepreneurial opportunities for women in construction and related industries for 35 years. Even...