Category : Construction & Design

Construction & Design

Lightstone Group launches repositioning of 1407 Broadway

REW Staff
by REW Staff956
If you have a feeling someone is watching you as you walk along Broadway, it’s not because you’re paranoid. You’re probably within sight of 1407 Broadway, one of the premier buildings in what was previously the garment hub of New York City. The iconic 1.1 million-square-foot building, owned by The...
Construction & Design

Builders bullish on New York City at annual PWC developers forum

REW Staff
by REW Staff1708
The mood was decisively bullish at the latest Developers Forum presented by Professional Women in Construction (PWC) and moderated by Lois Weiss, New York Post real estate columnist, at the General Society in New York City. Laurie Golub, COO and General Counsel HFZ Capital Group, said her firm has a...
Construction & DesignDeals & Dealmakers

Toll Brothers buys Matrix site for development

REW Staff
by REW Staff662
Matrix Development Group has sold 49 acres of land in South Brunswick, New Jersey, to Toll Brothers, America’s Luxury Home Builder. Prior to the sale, Matrix enhanced the value of a portion of its 240 acre land tract, which is located near the intersection of Route 130 and Friendship Road...
AIA-NY looking to change the conversation on housing
Construction & Design

AIA-NY looking to change the conversation on housing

REW Staff
by REW Staff768
As the city shifts its focus to housing in 2014, the New York Chapter of the American Institute of Architects is set to lead the conversation. With planned programs that address the pressing issues facing New Yorkers, the chapter’s Housing Committee will promote dialogue about housing design and city policy....
Construction & Design

Government shutdown blamed for billings blip

REW Staff
by REW Staff539
Following consistently increasing demand for design services throughout most of 2013, the Architecture Billings Index (ABI) has posted its first consecutive months of contraction since May and June of 2012. “What we thought last month was an isolated dip now bears closer examination to see what is causing the slowdown...
Worker shortages, rising costs cloud US construction forecast
Construction & DesignFeatured

Worker shortages, rising costs cloud US construction forecast

REW Staff
by REW Staff595
Many firms plan to start hiring again and most contractors predict demand will either grow or remain stable in virtually every market segment this year, according to survey results released by the Associated General Contractors of America. The survey, conducted as part of Optimism Returns: The 2014 Construction Industry Hiring and Business Outlook, provides a generally upbeat outlook for the year, even as firms worry about growing worker shortages, rising costs and the impact of new regulations and federal budget cutting. “Contractors are more optimistic about 2014 than they have been in a long time,” said Stephen E. Sandherr, the association’s chief executive officer.
Construction & DesignFeaturedResidential

Eichner tower will top One Madison

REW Staff
by REW Staff927
The residential skyscraper planned for 41 East 22nd Street is getting taller, according to Department of Buildings filings. The most recent documents, from late last year, describe a 60-story, 765-foot tower that is 75 feet wide at the base and 122 feet wide at the top. Air rights from six neighboring buildings have been assembled to create the fluted tower, which will cantilever over the neighboring five-story residential building at 33 East 22nd.
Construction & DesignDeals & Dealmakers

Canal condundrums answered

REW Staff
by REW Staff735
EisnerAmper will host a special presentation examining how the expansion of the Panama Canal will spur real estate opportunities on the East Coast. The Port of New York and New Jersey is the largest port on the east coast and third largest in the United States. It is estimated that...