Category : Construction & Design

Building Congress endorses Port Authority spending plan

REW Staff February 28, 2014 February 28, 2014

by REW StaffFebruary 28, 2014February 28, 20141074

New York Building Congress president Richard T. Anderson offered the organization’s unqualified support for the Port Authority of NY & NJ’s $27.6 billion, ten-year capital plan. During testimony at the bi-state agency’s Board of Commissioners meeting in Manhattan last week, Anderson said, “The Port Authority’s ten-year capital plan is a fundamental re-affirmation of the agency’s core mission to build and maintain the transportation infrastructure that sustains the world’s largest metropolitan economy.

Construction & Design

Janis shining the spotlight on goals of PWC

REW Staff February 28, 2014 February 28, 2014

by REW StaffFebruary 28, 2014February 28, 20141652

Lenore Janis, the longtime president of Professional Women in Construction (PWC), is planning the organization’s annual awards reception to take place in March during Women’s History Month. This year’s event will honor the Goethals Bridge Modernization Program (GBMP) at Club 101 on March 27 starting at 5:30 pm. Other events...

Construction & Design

State seeking bright sparks for new building consortium

REW Staff February 28, 2014 February 28, 2014

by REW StaffFebruary 28, 2014February 28, 20141005

The New York State Energy Research and Development Authority (NYSERDA) is seeking proposals from qualified researchers to establish and operate an Advanced Building Consortium in New York State — an organization made up of experts in the building trades working together to make buildings more energy efficient and cheaper to...

Construction & Design

Zachos turning heads with men only design service

REW Staff February 28, 2014 February 28, 2014

by REW StaffFebruary 28, 2014February 28, 2014

Award-winning Westchester-based interior designer Brittany Zachos is turning heads with the launch of her new firm, Five Gentleman. The company “speaks directly to the unique … Continued

Construction & Design Deals & Dealmakers

Building tomorrow’s New York City

REW Staff February 27, 2014 February 27, 2014

by REW StaffFebruary 27, 2014February 27, 2014953

By Sarah Trefethen New York is in the midst of a building boom. The combined efforts of developers, lawmakers and economic development non-profits are creating and transforming neighborhoods across the city. Experts with a range of perspectives on this transformation will share their insights with attendees at the Real Estate...

Construction & Design Deals & Dealmakers

$15M makeover for Midtown East building

REW Staff February 19, 2014 February 19, 2014

by REW StaffFebruary 19, 2014February 19, 2014762

Meadow Partners is set to launch a $15 million capital improvement plan at 211 East 43rd Street, a 210,000 s/f office property in Midtown East. In a bid to update the building’s common areas and strategically attract new media and tech firms, the company has also tapped Newmark Grubb Knight...

Construction & Design

MKDA completes Guggenheim HQ

REW Staff February 19, 2014 February 19, 2014

by REW StaffFebruary 19, 2014February 19, 20143704

Corporate interiors firm MKDA has completed a seven-floor, 204,650 s/f headquarters at 330 Madison Avenue on behalf of Guggenheim Partners, a global financial services firm. The financial firm relocated from 135 East 57th Street. “Our relocation and new office build out were meant to deliver increased space, improved office utilization and enhanced productivity,” said Guggenheim Partners Managing Director - Premises Lori LoPinto. “MKDA collaborated with our team and other consultants to successfully achieve these objectives along with a well-managed project and move-in.”

Construction & Design

Bridge, housing projects spur hike in construction starts

REW Staff February 19, 2014 February 19, 2014

by REW StaffFebruary 19, 2014February 19, 2014768

Thanks in large part to the initiation of three major bridge projects and ongoing strength in the residential sector, New York City construction starts reached $18.8 billion in 2013, an 11 percent increase from 2012, according to a New York Building Congress analysis of McGraw-Hill Construction Dodge construction data. The data used in this report encompass all project starts between 2009 and 2013, including brand new construction as well as alterations and renovations to existing structures. The data reflect the total estimated value of each initiated project through the entire period of construction.

Construction & Design Debt & Equity Headline

Skyscraper boom tied to market crash

REW February 19, 2014 February 19, 2014

by REWFebruary 19, 2014February 19, 20143562

Curious if the U.S. stock market is heading for a crash in 2014? One way of finding out may be to count the skyscrapers planned or under construction in New York City. Gunter Loffler, a professor of finance at Ulm University in Germany, has studied the correlation between skyscraper construction and stock market returns from 1871 to 2009. He found that a skyscraper boom tends to be followed by a stock-market crash, or at least a readjustment.

Construction & Design Featured

Noyes new job selling the New York Wheel

REW Staff February 13, 2014 February 13, 2014

by REW StaffFebruary 13, 2014February 13, 20141032

Former New York Water Taxi executive has been charged with selling the New York Wheel to the world. TRAVIS NOYES Travis Noyes was yesterday )Wednesday) named chief marketing officer for the New York Wheel and senior vice president of Empire Outlets, the 350,000 s/f retail development next door to the Staten Island spectacle. Noyes will be responsible for promoting and activating both venues.