News: Brokerage

ABLE Equipment Rental provides back up power to New York hospitals

ABLE Equipment Rental, Inc. has been retained for a series of projects at area hospitals to ensure that these facilities are continually equipped with backup power sources, even if their main source malfunctions. ABLE has provided back-up generators at several major hospitals, including Kings County, Jacobi and Elmhurst Hospitals. Kings County Hospital rented a 1,000 KW generator and 3,500 gallon fuel tank from ABLE in April 2009. The hospital needed a back-up generator during its transition from its existing unit to a new unit. In addition to providing the equipment, ABLE technicians were available to perform routine maintenance on an ongoing basis. In July 2009, ABLE was contracted to provide two 750 KW generators and a 3,500 gallon auxiliary fuel tank to Jacobi Hospital. This project was unique in that the hospital's existing generator had no automatic transfer switch. This restriction required ABLE to work with an electrical switchboard manufacturer to reprogram the back-up generator's switching panel. After completion of the initial installation, ABLE continued to monitor the compatibility of the machines through an ongoing maintenance program. Elmhurst Hospital also called on ABLE when it required a 2,000 KW generator on premise with a 6,000 gallon fuel tank. The closest route to the tie-in required running 15,000 ft. of cables above the sidewalk, up the sides and over the roof of a building to the generator. ABLE worked with an electrician to ensure the success of this project, and has been monitoring the generator since it was placed in the facility in September 2009.
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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