Aragon and Douglas Balder Design creating 32,000 s/f development ctr.
Leading New York City-based general contracting, construction management and consulting firm Aragon Construction and Balder Design & Planning are currently renovating the national headquarter space for the All Stars Project-one of the country's leading inner-city youth development organizations-located at 543 West 42nd St.
Aragon's Andy O'Connor is administering the management for the 32,000 s/f renovation. The project was initiated due to the aging building infrastructure and a heating, cooling and ventilation system that no longer met the needs of All Stars' live stages and theaters, rehearsal rooms, production facilities and staff offices. When complete, the new space will be a state-of-the-art educational and performing arts facility for thousands of poor and minority young people.
All Stars vacated their headquarters in August, when Aragon began construction. In addition to installing an upgraded HVAC system, Aragon is renovating the entry and lobby of the space and rebuilding the existing storefront façade, which had been in disrepair.
All elements of the design were conceived to express the developmental approach and history of the All Stars Project. The new entry, exterior wall and lobby will welcome everyone: the marquee and lobby ceiling, for example, is one continuous plane that spatially helps make a seamless transition from the street to the interior, while the lobby is being transformed into an open theater where performances can be staged and viewed from the street. In keeping with the All Star's motto, "Everyone is an All Star," a three-dimensional 17-ft. high star will be embedded into the exterior wall and entry, visible to everyone that passes by.
Spatial needs, sound and equipment access were design challenges that required creative solutions on Aragon's part. Four air conditioning units, structural steel, piping, and the new exterior wall comprised the very precise design package. The project is scheduled to be complete at the end of this month and the All Stars expect to move back into their space from a temporary location in Midtown, in the spring. The All Stars Project will then host a yearlong series of grand opening festivities.
When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but
The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:
Formal Legislative Role
• Limited direct lawmaking power: The NYC Council is the primary