Category : Construction & Design

Construction & Design

Brodsky tops out City Point apartment building

REW Staff
by REW Staff857
The Brodsky Organization has topped out City Tower, the market-rate residential component of the upcoming City Point development in Downtown Brooklyn. The COOKFOX designed 48-story rental tower, which sits atop the retail component of the development, will add 440 homes to the forthcoming mixed-use site. City Tower represents The Brodsky...
Construction & Design

Kaufman getting creative in Bushwick

REW Staff
by REW Staff745
Construction has begun on a mixed-use artists’ work space designed by Gene Kaufman Architect at 100 Bogart Street in Bushwick. With its industrial look and feel, the building fits into the neighborhood while offering the 21st-century materials, technology and amenities artists need. The project, developed by Vlat LLC, responds to...
Construction & Design

Big Dig boss starts own firm

REW Staff
by REW Staff790
The Pierson Advisory Group, founded by former Parsons Brinckerhoff president and CEO George J. Pierson, has launched. The focus of the firm is to advise and assist senior executives in removing obstacles to success. Pierson spent a career leading and advising organizations through difficult challenges. With a background in engineering,...
Construction & Design

WHO’S NEWS in Construction & Design

REW Staff
by REW Staff881
Dattner Architects has promoted Sara Agrest AIA, IIDA, LEED AP; Steven Frankel AIA, Douglas Freeman RA, Eric Epstein AIA, and Ruth Ro AIA. These individuals are being recognized for their demonstrated project leadership, high design and technical standards, and dedication to our firm culture. Ruth Ro AIA is a designer...
MGM’s East Village condo gets rendering
Construction & Design

MGM’s East Village condo gets rendering

REW
by REW858
GF55 Partners Architects has released a rendering for 64 East 1st Street, an East Village condo project developed by MGM Property Group. Demolition of the restaurant/lounge previously on the site is complete and excavation work has just begun. The new building will be situated in a tree lined mostly residential block...
Construction & DesignFeatured

Bold de Blasio adds 160,000 units to housing ‘to do’ list

REW
by REW1019
The Real Estate Board of New York yesterday (Tuesday) applauded Mayor de Blasio’s call to strengthen his affordable housing plan by a further 160,000 units. Calling the decision “bold,ˮ REBNY president Steve Spinola said the mayor’s call for an additional 160,000 market-rate units, above and beyond the 200,000 affordable units the administration plans to build or preserve over the next decade, “will go a long way to keeping New York the greatest city in the world in which to live, work, and raise a family
Mixed-use artists’ building takes shape in E. Williamsburg
Construction & Design

Mixed-use artists’ building takes shape in E. Williamsburg

REW
by REW823
Construction has begun on a mixed-use artists’ work space designed by Gene Kaufman Architect at 100 Bogart Street in East Williamsburg/Bushwick. With its industrial look and feel, the building fits easily into the neighborhood while offering the 21st-century materials, technology and amenities artists need. The project, developed by Vlat LLC, responds to the ongoing demand from the...
Construction & DesignFeatured

Crowdfunders issue 3 WTC offer

REW
by REW951
Crowdfunding platform Fundrise is offering up to $5 million worth of bonds for Silverstein Properties' planned office tower 3 World Trade Center to its investors. The offering doesn't involve any new debt issuance for the tower, which is already fully funded through State-backed Liberty Bonds. Rather, Fundrise has bought some of the bonds and is now offering them to its investors on the secondary market.
Construction & Design

New York City construction costs on the rise

REW
by REW873
New York City construction costs increased by nearly five percent in 2013 and escalated an additional 5 percent in 2014, according to a New York Building Congress analysis of multiple cost indices as well as interviews with representatives of some of the City’s largest construction firms. By comparison, U.S. construction...
Construction starts on 55 Hudson Yards
Construction & DesignFeatured

Construction starts on 55 Hudson Yards

REW
by REW3079
Today Related Companies, Oxford Properties Group and Mitsui Fudosan America, Inc. announced the start of construction on Fifty Five Hudson Yards. The 1.3-million square-foot office building is the newest addition to the collection of towers to be located at Hudson Yards, the largest private real estate development in the history of the United States and the largest development in New York City since Rockefeller Center. Construction will be completed in 2017 and tenant move-in should begin early 2018.