Category : Construction & Design

Construction & Design

Time Equities invests in ‘umbrella’ sheds

REW Staff
Time Equities, Inc. (TEI) announced that the company has invested in Urban Umbrella Enterprises LLC, the company set to deliver the newly unveiled Urban Umbrella pedestrian sheds in New York City. The Urban Umbrella, the first major design alternative to the sidewalk shed in over 50 years, will complement the...
Construction & DesignFeatured

$19M Moynihan Station contract issued

REW Staff
AECOM Technology, a provider of technical and management support services, announced that a joint venture between AECOM, its Tishman Construction arm, and STV, has been awarded a $19-million contract by the Moynihan Station Development Corporation in partnership with the Port Authority of New York and New Jersey (PANYNJ). Under the contract, the joint venture will provide construction management services and rail expertise for the first phase of Moynihan Station construction in Manhattan. Phase 1 is slated for completion during 2016. Planning is underway for phase two, which includes a grand hall in the center of the Farley building
Construction & Design

$270M mall expansion to bring 2,000 new jobs

REW Staff
Prestige Properties announced that it will develop The Mall at Bay Plaza, a new $270 million, 780,000 s/f enclosed fashion mall anchored by a new Macy’s combined with an existing JC Penney. The Mall is expected to create more than 2,000 construction jobs and more than 1,700 permanent jobs. The...
Construction & DesignFeatured

NYU unveils plans for ‘superschool’

REW Staff
New York University has unveiled plans for a superschool that it believes will position Brooklyn as the epicenter of global thinking about how cities around the world operate in the face of growing populations. In response to a request for proposals from the City of New York, NYU plans to build the Center for Urban Science and Progress (CUSP) in a 60,000 s/f space at 1 Metrotech Center in Downtown Brooklyn. Classes would begin in that space as early as September 2013.
Construction & DesignFeatured

Building forecast bleak as government cuts back

REW Staff
As bad as the job losses have been so far for the construction sector, the future looks even more bleak, according to the newest report from the New York Building Congress. “2013 could be a painful year for a lot of local families if our employment projections hold,” NYBC president Richard Anderson is warning. “The current and forecasted employment numbers illustrate quite vividly the real life implications of the economic downturn on New York City and our industry.”
Construction & Design

New life for former theater as arts center takes shape

REW Staff
Having built a successful national fashion company, Cyrus Knits, entrepreneurs and developers Cyrus Hakakian and his brothers have set their sights on creating the premier entertainment center on Long Island with the transformation of the historic Westbury Theater into a world class performing arts center and special events venue. No...
Construction & DesignFeatured

N.Y.U. seeks parkland designation in expansion plan

REW Staff
By Roland LiNew York University will seek to designate two strips of land south of Washington Square Park as city parkland, as it moves forward with an expansion plan that would add four new buildings to the area. The change, characterized by the school as a concession to neighborhood groups that had requested that the land be preserved, would also shift a new building 15 feet west.
Construction & DesignFeatured

The New World Trade Center

REW Staff
By Roland Li1 World Trade Center: The centerpiece of the new site is now over 80 stories high and is now the tallest building in Lower Manhattan. When completed, the spire will reach a symbolic 1,776 feet, making it the tallest building in the United States and third tallest in the world. David Childs of Skidmore, Owings & Merrill designed the 3 million s/f building. Beijing Vantone Industrial Company, a Chinese real estate company, was the first commercial tenant, leasing around 190,810 s/f. It plans to build a cultural and business center in its facilities.
Construction & DesignHeadline

All systems go at WTC site as Irene scurries out of town

REW Staff
By Linda O'FlanaganHurricane Irene failed to cause any major damage at the site of the 9/11 Memorial, which is still on course to be dedicated on the 10th anniversary of the terrorist attacks. The memorial will then open to the public on September 12, 2011. In a series of tweets during the weekend storm, memorial director Joe Daniels reassured the public that, despite the heavy rain and high winds, Irene did not flood the site or damage the property. The 225 trees on the memorial plaza also came through without damage.