Category : Construction & Design

Construction & Design

FCR to build tech campus

Sarah Trefethen
by Sarah Trefethen951
By Sarah Trefethen Cornell NYC Tech has chosen Forest City Ratner as the master developer for the first stage of the school’s planned Roosevelt Island Campus, it announced Monday. Forest City will take over development of the first academic building and also build a corporate co-location building intended as office space that will allow tech industry and supporting companies to work shoulder-to-shoulder with the school’s graduate students.
Construction & DesignFeatured

Hotel developer Hidary looking forward to nights on the town in new hot district

REW Staff
by REW Staff777
By Orlando Lee Rodriguez For most of the last 20-odd years or so, the Manhattan hotel market was not one to see much growth in the supply of hotel rooms, and with good reason. In 1993, New York City saw 1,946 homicides and 86,001 robberies, and that was a 2.5 and 5.7 respective percent drop from the year before. Compare those crime numbers with 2012, when there were 414 total murders. Crime is down so much in fact, that on November 26, there was not a single shooting, stabbing or homicide recorded. Lower crime has helped to bring in a record 52 million visitors last year and has driven construction of new hotels, more than 70 opening between 2008 and 2012, according to a market study by HVS Global Hospitality Services and NYU Preston Robert Tisch Center.
Construction & DesignFeatured

Bonjour starts luxury condo

REW
by REW1063
By Orlando Lee Rodriguez Real Estate investment and development firm Bonjour Capital has broken ground on what will become the newest luxury development along Brooklyn Heights’ landmarked main strip. The development site, located at 172-174 Montague Street, between Court and Clinton Streets, was purchased last year by Bonjour in a $12 million all cash deal from a Florida retiree who had owned the property since 2002.
Forest City Ratner wins contract for corporate space on Cornell’s Roosevelt Island campus
Construction & DesignFeatured

Forest City Ratner wins contract for corporate space on Cornell’s Roosevelt Island campus

REW Staff
by REW Staff797
Cornell NYC Tech today announced a major advancement in its effort to bringindustry and academia together on its Roosevelt Island campus with plans todevelop its first “corporate co-location” building. This building will house a mix of companies at the heart of the campus, facilitating the interaction between academia and industry that is central to Cornell Tech’s mission. On Thursday, Cornell University’s Board of Trustees approved the plan to move forward with Forest City Ratner Companies as the developer of this building, subject to finalizing plans and terms. Forest City Ratner would also act as master developer, overseeing development of the first academic building, the open space and related infrastructure for the first phase of the campus.
Construction & DesignFeaturedRetail

NGKF to lease retail for NoMad hospitality venture

REW Staff
by REW Staff800
Newmark Grubb Knight Frank (NGKF) Retail and Hospitality Services has been tapped by the Lam Group to lease the retail portion of a 400,000 s/f mixed-use development project in NoMad. The development will include two luxury hotels, including a Virgin Hotel, as part of the its effort to create “a lively lifestyle-concept hospitality experience,ˮ according to the developers. NGKF’s Rika Lisslö, Ross Perlman and Neal Golden will head the leasing effort of 100,000 s/f at the site, which will take up the entire block frontage on Broadway from 29th Street to 30th Street
Construction & Design

Related out to save senior housing complex

REW Staff
by REW Staff631
Related Affordable, a division of Related Companies,  has acquired the 186-unit Augustana Homes in Bridgeport, Connecticut from Augustana Homes of Bridgeport, Inc, of the Diocese of Bridgeport. Related will undertake over $4 million of improvements and renovations to the property, and has committed to preserve the senior housing complex as...
Construction & DesignFeatured

280-unit rental building breaks ground in Weehawken

REW Staff
by REW Staff802
Mack-Cali Realty Corporation broke ground Wednesday, June 19th, on its first new-construction residential project since acquiring multi-family developer Roseland in October, 2012. Executives from Mack-Cali and its Roseland subsidiary joined Weehawken, NJ Mayor Richard Turner and fellow officials from the Township of Weehawken and Hudson County to commence construction on RiverParc at Port Imperial, a 280-unit luxury rental building rising along the Hudson Riverfront. The 10-story building will be the latest rental property developed in the southern portion of Port Imperial, a mixed-use, master-planned waterfront development which spans two and a half miles directly across the Hudson River from Midtown Manhattan.
Brooklyn rolls out red carpet for tech firms
Construction & Design

Brooklyn rolls out red carpet for tech firms

REW Staff
by REW Staff697
Supporters of the Brooklyn Tech Triangle yesterday (Tuesday) unveiled a bold new plan that aims to roll out the red carpet for some of the world’s most innovative companies. The plan calls for creating more affordable real estate, improving transportation and public parks and training local people to work in the 1,000 plus new firms expected to be operating in the Tech Triangle by 2015.
Construction & DesignFeaturedResidential

Mack-Cali announces newest Gold Coast apartment building

REW Staff
by REW Staff628
Mack-Cali Realty and its subsidiary, Roseland, are set to break ground on a new 280-unit luxury rental unit on Jersey’s Gold Coast. The developer will be joined by officials from the Township of Weehawken next Wednesday for a ceremonial dirt-digging for what’s being called RiverParc. The $100 million building will be the latest addition to the Port Imperial mixed-use master planned development which spans more than two-and-a-half miles of waterfront property facing Midtown Manhattan.
Construction & Design

Storm’s a-comin’: DOB says batten down the hatches

REW Staff
by REW Staff873
The National Weather Service forecasts moderate to heavy rain and high winds up to 40 mph for the New York City area today, Thursday, June 13 through tomorrow, Friday, June 14. In preparation for the weather, the Department is reminding all property owners and contractors to secure their construction sites and buildings. If construction sites are not safely secured in preparation for the inclement weather, the Department will take immediate enforcement action with the issuance of violations and Stop Work Orders if necessary.