News: Spotlight Content

GreenbergFarrow designs 346,000 s/f IKEA store in Brooklyn

GreenbergFarrow, the nationally prominent architecture, planning, engineering and development services firm, designed and delivered comprehensive development services for the first IKEA store in New York City. The 346,000 s/f IKEA Brooklyn home furnishings store - situated at a waterfront site in Brooklyn's Red Hook neighborhood - is the Swedish-based retailer's tenth location designed by GreenbergFarrow, which is the primary consultant supporting the North American expansion of IKEA. GreenbergFarrow was required to overcome a number of significant and complex siting and engineering challenges associated with the 22-acre venue along the Erie Basin on the Upper New York Bay. "IKEA is one of the world's most highly regarded retail brands and we are proud to have helped them launch their first New York City location," said John Clifford, principal, planning for GreenbergFarrow.  "Knowing that this site posed many daunting, development-related challenges, IKEA placed its confidence in GreenbergFarrow to deliver a world-class finished product.  Today, the successful IKEA Brooklyn is the Big Apple's newest retail landmark." As a brownfield site, the location required extensive soil remediation and, because of its shoreline setting, the structure called for unusually deep foundations.  At the same time, the IKEA foundations needed to avoid contact with numerous existing buildings, many of which themselves had existing, deep foundations. The venue's extensive and complex waterfront scope also included a new water taxi dock that is the only one of its kind in New York City.  The development also featured a comprehensively landscaped waterfront esplanade. IKEA Brooklyn contains 46 different room settings, three model home interiors, a children's play area and a 450-seat restaurant.
MORE FROM Spotlight Content

Over half of Long Island towns vote to exceed the tax cap - Here’s how owners can respond - by Brad and Sean Cronin

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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The strategy of co-op busting in commercial real estate - by Robert Khodadadian

The strategy of co-op busting in commercial real estate - by Robert Khodadadian

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
Oldies but goodies:  The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

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
How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

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
Properly serving a lien law Section 59 Demand - by Bret McCabe

Properly serving a lien law Section 59 Demand - by Bret McCabe

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”.