News: Brokerage

Broadway Plaza nearing completion by Racanelli

Racanelli Construction Company, Inc. is slated to complete a multi-level retail center on behalf of Equity One (Northeast) Inc. The project consists of three floors, each 74,888 s/f. Serving as a construction manager of the project, Racanelli Construction is expected to deliver the retail center, Broadway Plaza, located in the Riverdale trade section of the borough at 5532 Broadway. The re-development project, for which Equity One was selected by the New York City Economic Development Corp., required Racanelli to perform an excavation of the site and then build piles, and a mass concrete foundation. Broadway Plaza is a LEED-Certified and an Industrial & Commercial Abatement Program (ICAP) qualified project with the City of New York. Racanelli Construction's team members on the Broadway Plaza project include: Nicholas H. Racanelli, Jeff Kopping, Doug Winter, Keith Wood, Rachelle Felicio and Dave Hodukavich. The estimated value of the project is $30 million.
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