News: Brokerage

Elite Builders & Mgmt. doubles footprint of Chelsea restaurant; retained by Masterpiece Const.

Chelsea, NY Elite Builders & Management (EBM) has been retained by Masterpiece Construction for a 4,000 s/f multi-level expansion of a restaurant at 119 Seventh Ave., on the corner of West 17th St.

EBM’s extensive role in the project encompasses fully shoring up the building in order to remove existing masonry walls and install new steel frames along the perimeter for an open glass concept. In addition, EBM is shoring up the ceilings between the restaurant -- which is operating 24-hours-a-day, seven-days-a-week -- and the second-floor residences in the building, as well as adding a staircase between the lower and grade levels, and a new 55-foot fire escape in the back of the building.

“What makes this project so complex is that we are working on the expansion of an active restaurant in a mixed-use building,” said EBM vice president Alex Chalkias. “To accomplish the work in a timely fashion, we have had to figure out ways to work around the dining clientele and the residents in the floors above with minimal disruption. Sound attenuation and implementing careful protocols for sealing off the spaces in which we are working have been key.”

Christella Xu, president of EBM said, “This was always an ambitious project. Although the work was temporarily delayed by the pandemic, we are at full speed again and working with a stellar project team!”

The project team includes C3D Architecture, PLLC, structural engineering firm MSP Engineering, Inc., and general contracting firm Masterpiece Construction. Project completion is anticipated in 2022.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,