Category : Construction & Design

Construction & DesignHeadline

Trans-Hudson rail tunnel? Not in our lifetime, says MTA boss

REW Staff
by REW Staff654
MTA boss Joseph Lhota told city construction leaders improving the city’s transportation system is a vital part of its growth. But he said expecting a trans-Hudson train tunnel any time soon is too much to ask. “They think they’ll be able to get across the Hudson for $2.25 billion,” he said. “That’s not going to happen. Not in our lifetime.” Speaking at the New York Building Congress Construction Industry Breakfast Forum yesterday (Tuesday) morning, thanked members for their support of the MTA capital plan in Albany. State lawmakers last week voted to authorize borrowing $7 billion to fund the remaining three years of the $22 billion five-year plan.
Construction & Design

Construction starts hit another dip in the road

REW Staff
by REW Staff779
By Sarah Trefethen When it comes to the construction industry, the road to recovery could do with some repaving. Construction starts in New York City declined 31 percent in 2011, according to a New York Building Congress analysis of McGraw-Hill Construction Dodge data. At a breakfast seminar hosted by the...
Construction & DesignFeatured

Stringer makes call for new inspections department

REW Staff
by REW Staff638
By Al Barbarino Scott Stringer wants to break the Department of Buildings in half — literally. A new report from the Manhattan Borough President that criticizes recent drops in the number of citywide elevator inspections calls for the creation of an “Office of Inspection” that would focus solely on inspections and safety.
Construction & Design

CPC strikes new deal to expand lending capabilities

REW Staff
by REW Staff615
The Community Preservation Corporation (CPC) has struck a deal to extend its credit facility with its member banks that will lead to $70 million in direct lending to small and mid-size builders. The move should allow the veteran affordable housing lender to help create of preserve some 5,000 units of low- and moderate-income housing across the state. Rafael E. Cestero, CPC’s recently appointed president and CEO, said the financing will help fund several new projects, including 754 East 161st Street & Longfellow Avenue in the Morrisania section of the Bronx and The Pike Block in Downtown Syracuse.
Construction & Design

REBNY disappointed by NYU opposition

REW Staff
by REW Staff
BY SARAH TREFETHEN   The Real Estate Board of New York has expressed disappointment after Community Board 2 rejected New York University’s plans to expand. … Continued
Construction & DesignFeaturedResidential

Steiner to build new Brooklyn apt. tower

REW Staff
by REW Staff941
Developer Douglas C. Steiner has unveiled plans for a new 50-story apartment building he promises will be “the best in Brooklyn.” Located at 333 Schermerhorn Street, at the intersection of Third Avenue and Flatbush Avenue, The Hub will have 740 rental units as well as retail space and parking for over 250 vehicles. A groundbreaking is slated for the Fourth Quarter of 2012.
Construction & Design

STA launches fresh effort to build members network

REW Staff
by REW Staff816
The Subcontractors Trade Association (STA) is gearing up for its 2012 New Membership Drive, which will run from March 1 through June 30. The organization is looking to continue building upon its vast network of subcontractors by adding new subcontractors leaders in the business to its membership. Being a part...
Lifetime achievement award for PB tunneler
Construction & Design

Lifetime achievement award for PB tunneler

REW Staff
by REW Staff734
James Monsees, senior vice president and technical director for underground structures at Parsons Brinckerhoff, has received a Lifetime Achievement Award from Tunnels & Tunnelling International magazine. The magazine recognized Monsees for his extensive contributions to the tunneling industry, both in technical accomplishment and as an inspiration to future tunnelers.  An...