Category : Construction & Design

Construction & DesignDebt & Equity

Investors shoulder risks for inadequate inspections

REW
By George Wilson, managing director IVI International, a CBRE Company Real estate investors have various options when it comes to the physical due diligence investigation of potential investments. Not only are there multitudes of engineering inspection options — there are just as many price tags. Choosing the engineering inspection option...
MdeAS to reinvent Himmel + Meringoff tower
Construction & DesignFeatured

MdeAS to reinvent Himmel + Meringoff tower

REW
The partnership of Himmel + Meringoff and The Swig Company, co-owners of 1460 Broadway, the 215,000 s/f, mixed-use Bryant Park office tower, has selected MdeAS Architects to redevelop and reposition the 16-story property acquired jointly last September, 2014.
Construction & Design

WHO’S NEWS: New vp at Thornton Tomasetti; Maria Wilpon named principal at Stantec

REW
Thornton Tomasetti announced that Hauke Jungjohann has joined its New York office as vice president and East U.S. region leader for the Façade Engineering practice. Jungjohann has 13 years of experience in façade design and structural engineering, with a focus on parametric modeling, complex geometries and the application of new...
Eastern Union closes $20M construction loan for mixed-use development
Construction & Design

Eastern Union closes $20M construction loan for mixed-use development

REW
Eastern Union Funding arranged a $20 million loan for ground up construction on 99 Morningside Avenue on behalf of Azimuth Development Group LLC. Eastern Union’s Jeff Seidenfeld brokered the loan, which covers 100 percent of construction costs and 90 percent of the client’s out of pocket costs—a loan with a...
Italian star tapped for first New York residential project
Construction & DesignResidential

Italian star tapped for first New York residential project

REW
Developer Soho Properties has tapped Italian architect and designer Piero Lissoni to design the apartments and amenities at its new 45 Park Place. The luxury condominium development marks Lissoni’s first residential condominium project in New York. “While planning 45 Park Place it became increasingly important to not only conceive of...
Hudson tops out Flatbush property
Construction & Design

Hudson tops out Flatbush property

REW Staff
The Hudson Companies announced that its 23-story mixed income building at 626 Flatbush in the Prospect Lefferts Gardens neighborhood of Brooklyn has topped out and that 626 Flatbush will be home to a second location for the Maple Street School. The pre-school’s 15-year lease is for 5,500 s/f, including a...
Construction & Design

Architects cook up fresh new design concept for famous Franny’s pizza

REW Staff
The architecture and landscape firm thread collective and the owners of the renowned Brooklyn pizza restaurant Franny’s are similarly dedicated: to sustainability, to knowing where things come from and who made them, and to a strong commitment to the overall customer experience. This shared ethos made for a great collaborative...
Construction & Design

Union strikes deal for Essex Crossing jobs

REW Staff
Delancey Street Associates (DSA) and 32BJ SEIU, New York City’s largest property workers service union, announced jobs deal for the massive Essex Crossing development on the Lower East Side. The agreement will create up to 80 full-time jobs with health insurance, training and retirement benefits across the six-acre project and...
Construction & Design

Work starts on art space

REW Staff
Construction will start next month on The AnX at 13 Grattan Street, a mixed-use artists’ work space in East Williamsburg/Bushwick designed by Gene Kaufman Architect. … Continued
Construction & Design

$28M floor protection plan for LaGuardia Airport

REW Staff
Governor Andrew M. Cuomo announced that the Federal Emergency Management Agency has approved more than $28 million in competitive Hazard Mitigation Grant Program funds to … Continued