Queens, NY Amec Foster Wheeler, an international engineering and environmental consulting firm, has opened anoffice in the Bayside neighborhood at 214-25 42nd Ave. The new office is managed by Eric Weinstock, a NYS professional geologist with over 30 years of experience in the NYC/Long Island area.
The NYC/Long Island office provides environmental services for a number of Fortune 500 clients. It also performs Phase I / II ESAs and Brownfield investigations and cleanups throughout the five boroughs of NYC as well as Nassau and Suffolk Counties.
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,