Category : Construction & Design

Construction & DesignDebt & EquityFeaturedResidential

Meridan arranges $30M loan for new rental tower

REW Staff
by REW Staff920
Meridian Capital Group negotiated a $30 million first mortgage construction loan for the ground-up development of a multifamily property located on East 74th Street in New York, NY on behalf of Golden Asset, LLC. The 20-story property, located at 501 East 74th Street, is designed by Steven B. Jacobs Group Architects and will total 83 units and feature designer finishes and amenities in line with the standards of current luxury rental projects.
Bruce Ratner, Maryanne Gilmartin to be honored by MAS
Construction & Design

Bruce Ratner, Maryanne Gilmartin to be honored by MAS

REW Staff
by REW Staff1229
Vin Cipolla, president of The Municipal Art Society of New York (MAS), announced that 2014 Jacqueline Kennedy Onassis Medals will be presented to Bruce Ratner, executive chairman, and MaryAnne Gilmartin, president & CEO, Forest City Ratner Companies (FCRC). MAS will pay tribute to Ratner and Gilmartin for their longstanding commitment...
Service station re-born as small business hub
Construction & DesignDeals & Dealmakers

Service station re-born as small business hub

REW Staff
by REW Staff982
The 150,000 s/f former Studebaker Service Station in Crown Heights has re-opened as a hub for new and growing companies. Designed by Selldorf Architects with the needs of technology and creative companies in mind, 1000 Dean merges office, production and collaborative spaces under one roof. A completely new interior, built with state-of-the-art steel,...
BLT, Metrovest open The Paramount
Construction & DesignResidential

BLT, Metrovest open The Paramount

REW Staff
by REW Staff1242
Standing in an ornate, Art Deco lobby in front of a two-story marble staircase that hearkens back to a gilded age of design, Mayor Steven Fulop and fellow Jersey City officials joined the development partnership of Building and Land Technology (BLT) and Metrovest on May 28 to cut a ceremonial ribbon...
Panelists find common ground in battle over New York landmarking
Construction & Design

Panelists find common ground in battle over New York landmarking

REW Staff
by REW Staff625
By David V. Griffin Is landmarking in New York City out of control? At a recent panel, industry experts disagreed on the issue, but found common ground in a call for reform. Preservationists and proponents of new development agreed that the landmarking process is inefficient and in need of a...
WX puts spotlight on de Blasio housing plan
Construction & Design

WX puts spotlight on de Blasio housing plan

REW Staff
by REW Staff978
WX New York Women Executives in Real Estate (WX) hosted on May 6, 2014, “WX Perspectives: Update from the de Blasio Administration,” a panel about Housing New York, the Administration’s plan to build and preserve 200,000 units of affordable housing over the next 10 years, at Shearman and Sterling’s New...
de Blasio gets real with his first capital budget
Construction & Design

de Blasio gets real with his first capital budget

REW Staff
by REW Staff626
Mayor Bill de Blasio’s Fiscal Year 2015 Capital Budget proposes spending $36 billion over the next four years, which signals the administration’s commitment to investments in key areas like schools, housing, environmental infrastructure and transportation, according to the New York Building Congress. Highlights of the Mayor’s budget plan for the...
Construction & Design

Hospital system taps VVA to manage consolidation

REW Staff
by REW Staff699
VVA Project Managers & Consultants has been selected by Mount Sinai Health System to manage its extensive corporate consolidation project. The Mount Sinai Health System unifies Continuum Health Partner’s community-oriented Hospitals (Beth Israel Medical Center in Manhattan and Brooklyn, St. Luke’s and Roosevelt Hospitals in Manhattan, and New York Eye...