Category : Construction & Design

Construction & Design

Construction complete at Bushwick Box Factory

REW
Construction is complete at a 63,000 s/f former manufacturing building at 1519 Decatur Street in Bushwick. Known as the Box Factory, the commercial property is bringing in-demand inventory to the area’s growing office and retail market. The Box Factory was developed by Hornig Capital Partners and Brickman Real Estate, which...
Hudson Yards public centerpiece, Vessel, tops out
Construction & Design

Hudson Yards public centerpiece, Vessel, tops out

REW
Vessel, the centerpiece of the Hudson Yards Public Square and Gardens, topped out last week after eight months of construction. The last structural piece was installed and Vessel has now reached its full 150 foot height. The new urban landmark designed by Heatherwick Studio is comprised of 154 interconnecting flights...
Construction & Design

Skanska to complete $40M Langone renovation

REW
Skanska USA has signed a $40 million contract with NYU Langone Health to provide computational research facilities and office space for NYU Langone’s Department of Population Health in New York City. Skanska will renovate approximately 87,000 s/f of office space across ten floors at 180 Madison Avenue, providing NYU Langone with...
Construction & DesignDebt & Equity

Meridian secures $15.4M in financing for East Village condos

REW
Meridian Capital Group negotiated $15.4 million in acquisition and construction financing for a mixed-use condominium development in the East Village on behalf of Barrett Design. The 18-month loan, provided by a balance sheet lender, features a floating rate of 6.50 percent and full-term interest-only payments with two six-month extension options....
Construction & Design

Tritec Co. secures benefits package for $500M Transit Oriented Development

REW
Tritec Real Estate Co. has secured a package of incentives for its planned Ronkonkoma Hub Transit Oriented Development project, which is expected to break ground soon. Frederick C. Braun, III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), announced that the IDA unanimously approved an economic benefits package...
Construction & Design

Gotham Organization to build Hunters Point stretch

REW
The city has tapped the Gotham Organization to build the next stage of the Hunters Point South development that will include 1,120 apartments, shops and waterfront recreation space. HPD Commissioner Maria Torres-Springer and Housing Development Corporation (HDC) president Eric Enderlin said the team led by Gotham and RiseBoro will develop...