Category : Construction & Design

Construction & DesignDebt & Equity

Post-Sandy financing landscape altered

REW Staff
by REW Staff873
Nothing about Superstorm Sandy was normal – not the magnitude of it, not the damage it caused, and not the government’s or the region’s reaction to it. So it should come as little surprise that the financing landscape for post-Sandy development and re-development is also unusual. “In the aftermath of...
Construction & DesignDeals & DealmakersHeadline

$167M Hudson buy a good Yard stick

REW Staff
by REW Staff681
Momentum for the Bloomberg administration’s vision of a new office neighborhood on the far west side of Manhattan got a boost yesterday with the announcement that Frank McCourt has purchased a 26,000 s/f parcel of vacant land at the southern end of the neighborhood for $167 million. McCourt Partners, whose chairman and CEO is also a former owner of the Los Angeles Dodgers, plans to build a large, mixed-use property on the site that will include retail, commercial and residential components. Others with a stake in the neighborhood see McCourt’s move as a vote of confidence in the project. “To me. it’s further credibility in the fact that the district is no longer something into the future, it’s now; and it’s not something that may happen, it’s something that is happening,” said Arthur Mirante, who is leading the leasing team for the Moinain Group’s planned 1.8 million s/f of office space at 3 Hudson Boulevard, on the northeast corner of Eleventh Ave and 34th Street.
NY lighting engineers elect new officers
Construction & Design

NY lighting engineers elect new officers

REW Staff
by REW Staff790
Tim Milton, MIES, LEEP AP, has been elected president of the Illuminating Engineering Society New York City Section (IESNYC) for a two-year term. Since 2003, he has chaired and served on various IESNYC committees including membership and finance, and most recently, as was the section’s vice president. As president of...
Construction & DesignDeals & Dealmakers

LCOR, Pinnacle planning new mixed used development at former car dealership site

REW Staff
by REW Staff912
The sale of a Montclair redevelopment site has closed, paving the way for a mixed-use project at 638 Bloomfield Ave.. Cushman & Wakefield, Inc.’s Metropolitan Area Capital Markets Group announce that DCH Automotive Group sold the parcel, which for many years served as home to a car dealership, to a...
Construction & Design

Data center designation for Tishman Construction

REW Staff
by REW Staff964
AECOM Technology Corporation’s Tishman Construction operation is serving as construction manager of critical infrastructure and interiors for Sentinel Data Centers and Russo Development’s new joint venture in Orangetown, N.Y. The greenfield data center is part of a new build-to-suit mission critical project with a large financial institution end-user. Comprising 131,000...
Construction & Design

Spector designing latest space for WeWork

REW Staff
by REW Staff809
The Spector Group announced that it is working with WeWork to design its newest and most spacious location to date at 222 Broadway, in the Financial District. The growing company is slated to occupy over 50,000 s/f on the 19th, 20th and 21st floors of the building, with plans to...
OHNY event offering sneak peek at talked-about developments
Construction & Design

OHNY event offering sneak peek at talked-about developments

REW Staff
by REW Staff644
The 11th annual openhousenewyork inc. (OHNY) will offer a sneak peek at some of the city’s most talked-about new developments. There will be a preview of 4 World Trade Center, designed by Maki and Associates, before it officially opens; An inside look at the new Whitney Museum in the Meatpacking District,...
Construction & Design

Church wall project a grave affair for CNY Group

REW Staff
by REW Staff684
CNY GROUP, LLC (CNY) has completed the restoration of the 300-year-old stone retaining wall at the Trinity Church, a National Historic Landmark in Lower Manhattan. CNY served as general contractor for the project, restoring the stone retaining wall on both the southern and western street exposures of the 300-year-old graveyard....