Category : Construction & Design

Plan to transform historic 13-acre factory site gets green light

REW March 5, 2020 March 5, 2020

by REWMarch 5, 2020March 5, 20204506

A plan to transform the historic Clark Cotton and Thread Company complex in Newark, NJ, has been approved by the local planning board. Alma Realty intends to create a 13-acre residential and retail complex on the Passaic River waterfront site. The project will be among the most significant new developments...

Construction & Design Deals & Dealmakers

Planning boss takes waterfront plan to the classroom so kids can have say

REW March 5, 2020 March 5, 2020

by REWMarch 5, 2020March 5, 20201867

Department of City Planning (DCP) Director Marisa Lago attended a special waterfront planning and educational class at P.S. 306 in East New York, Brooklyn. The event – done in conjunction with the non-profit youth development organization Brooklyn Boatworks and Council Member Inez Barron – is part of DCP’s public outreach...

Construction & Design Deals & Dealmakers

Bronx landlord sued for failure to protect tenants from lead

REW March 5, 2020 March 5, 2020

by REWMarch 5, 2020March 5, 20206435

New York Attorney General Letitia James announced a lawsuit against Chestnut Holdings of New York, Inc., a property management corporation, for failing to comply with provisions of New York City’s lead poisoning prevention law. The suit alleges that Chestnut Holdings has put the health of its tenants at risk by...

Construction & Design Deals & Dealmakers

Yes in My Backyard Act moves closer to becoming law

REW March 5, 2020 March 5, 2020

by REWMarch 5, 2020March 5, 20203149

The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) have hailed the passage of the Yes in My Backyard (YIMBY) Act and the Housing is Infrastructure Act through the House Financial Services Committee. The two groups said they were please to the House Financial Services Committee successfully marked...

Construction & Design Featured Lawsuits

DOB stands by supertall decision

Sabina Mollot March 3, 2020 March 3, 2020

by Sabina MollotMarch 3, 2020March 3, 20206907

Developers SJP and Mitsui Fudosan are cheering a decision by the city to appeal a court decision to chop the top 20 stories off of their Upper West Side luxury tower, 200 Amsterdam. The decision came after a judge last month sided with neighbors opposed to the skyscraper who accused...

Construction & Design

Waterfront workshops get underway

REW March 2, 2020 March 2, 2020

by REWMarch 2, 2020March 2, 20201631

Department of City Planning (DCP) Director Marisa Lago announced a Brooklyn public workshop for input on the next edition of the Comprehensive Waterfront Plan. The workshop is the first of a series of Spring events to get the public involved in the planning process

Construction & Design Deals & Dealmakers

WHO’S NEWS in construction & design

REW February 28, 2020 February 28, 2020

by REWFebruary 28, 2020February 28, 20208174

Designer Brian Tolman has joined NELSON Worldwide as Senior Vice President, Northeast Region Lead. Bringing more than 20 years of experience in workplace and hospitality interiors and building practices, Tolman will lead the multidisciplinary team. Tolman earned a Bachelor of Architecture from the University of Cincinnati College of Design, Art, Architecture and Planning. He...

Construction & Design

Con Ed gets plugged in to Staten Island

REW February 28, 2020 February 28, 2020

by REWFebruary 28, 2020February 28, 20204330

Con Edison has installed a large-scale battery near the North Shore of Staten Island to help keep service reliable when the need for power is high. The battery at 1515 Richmond Terrace can provide 1 megawatt – which is a million watts – to 37,000 customers in the northern and...

Construction & Design

Movie studio set to break ground in Yonkers

REW February 27, 2020 February 27, 2020

by REWFebruary 27, 2020February 27, 20208608

Lionsgate, and its partner Great Point Capital Management, is set to break ground on a new 109,000 s/f movie studio after gaining full approvals from the city of Yonkers. The development, which is being built on the parking lot of the iPark complex, will include 70,000 s/f of studio space...

Construction & Design

No sign of glut as industrial development tops 390M s/f

REW February 27, 2020 February 27, 2020

by REWFebruary 27, 2020February 27, 20202470

Developers completed construction of 289 million square feet of industrial & logistics real estate in the U.S. last year, but any concerns of oversupply are tempered, as only 39 percent of space in new construction was available. That’s a major factor in vacancies staying near all-time lows in 2019, according...