While AREW's March luncheon guest speaker MaryAnne Gilmartin executive vice president of Forest City Ratner Cos. (FCR) sees the world of development as being in a challenged space, she's personally going to be busy for a very long time. With Atlantic Yards scheduled for a building a year, she's looking at 15 years of development.
The current status: groundbreaking this year on building two, the first residential building, with Barclays Center scheduled for a 2012 opening. FCR's Beekman Tower (renamed 8 Spruce St.), the curvaceous Frank Gehry-designed residential tower in lower Manhattan (at 870 feet the tallest in the Western Hemisphere) is, however, ready for its close up. With an outstanding review by the New York Times' architectural critic, Gilmartin said interest is soaring, so much so that FCR is scheduling tours for the general public.
Queens, NY Asset CRG Advisors brokered one of the largest Opportunity Zone development sales in the country — a transformative site in the heart of downtown Jamaica. Managing partners Yuriy Ustoyev and Sadya Liberow represented both buyer and seller in the $59.7 million transaction
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”.
Merritt Environmental Consulting Corp. (MECC) was established in June of 2009 after being part of a larger engineering firm for almost 20 years. The focus of the company is to assist lending institutions, attorneys, real estate investors, and property owners with environmental concerns. Today, MECC has offices in New York, Florida, and Vermont and has grown into a regional consulting firm serving clients along the East Coast.
The Long Island Board of Realtors (LIBOR) Commercial Network continues to play a key role in advancing opportunities and strengthening the commercial real estate landscape across Queens. Through targeted programming and global outreach
Adaptive reuse has become one of the most important conversations in commercial real estate today. Long Island has a large inventory of aging retail, office and industrial