News: Brokerage

LERA'S Columbia University Medical Center Project wins Annual Award from The Concrete Industry Board

The Concrete Industry Board of New York selected the Columbia University Medical Center, Medical and Graduate Education Building for the top honor of the year, The Annual Award at the 53th Annual Roger H. Corbetta Awards dinner held at the Marina del Rey in the Bronx on November 12, 2014. The project team includes architecture firms, Gensler and Diller Scofidio + Renfro and structural engineer, Leslie E. Robertson Associates (LERA). Sciame Construction is the Construction Manager and General Contractor for the project. The new Medical and Graduate Education Building will provide modern classroom spaces, immersive simulation and advanced training facilities for the 21st century. The CIB Awards jury selected the project for superior work, which exemplifies quality concrete. The jury stated: "The design and construction of the building incorporated some of the most recent innovations in concrete technology, including voided slabs, post-tensioned and self-consolidating concrete." The project consists of a 15-story concrete tower above grade with one basement level. The building is a unique sequence of cascading concrete floors interconnected by stairs and ramps, creating a vertical campus within the building. To accomplish the designs long cantilevers, the floors are formed of bonded post-tensioned concrete slabs. A slab void former system, called Cobiax, is used to reduce the self weight of the slabs.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
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
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.