News: Brokerage

Gruzen Samton * IBI Group completes 89,000 s/f Human Ecology Building at Cornell

Gruzen Samton * IBI Group has opened the new 89,000 s/f Human Ecology Building at Cornell University's College of Human Ecology. The project was comprised of three main components: a parking garage, a three-story academic/laboratory building, and a commons linking the new facility to adjacent existing college buildings, all linked into the topography. This building is the new home for the Department of Fiber Science and Apparel Design (FSAD) with administrative offices clustered on the terrace level and faculty offices and labs on the three main floors. The space not only has upgraded facilities between departments, but also fosters collaboration between faculty, students and staff. The new building is loaded with high-tech research laboratories; classrooms; studios for drawing, design and fabrication; a gallery to display student and faculty works; and community spaces and seminar rooms to spark idea exchanges. "This building is state of the art and the labs are places for discovery that we have not had before," said associate dean of research and graduate education Kay Obendorf. A new 290-car garage is clad in local stone to ground it into the landscape. The top of the garage plinth is the main terrace level connecting the new academic/laboratory building to the commons and to the adjacent buildings and landscape. This building is in design for LEED Platinum certification; some of the green features include automatic ventilation, a green roof, electric vehicle charging stations, and a high-performance glass façade. Gruzen Samton * IBI Group is a 100-person architecture, planning and interior design firm based in New York City, with an office in Alexandria, Vir. The firm carries a legacy of over 70 years of design and planning projects, including significant projects in N.Y., Washington D.C. and world-wide. In May 2009, Gruzen Samton entered into a strategic alliance with The IBI Group, a multi-disciplinary consulting firm with offices across North America, Europe, the Middle East and Asia.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking