News: Brokerage

Picone Construction begins $8.8 million expansion at Sisters Hospital’s Neonatal Intensive Care Unit

Rendering, reception area at Sisters Hospital’s Neonatal Intensive Care Unit - Buffalo, NY Rendering, reception area at Sisters Hospital’s Neonatal Intensive Care Unit - Buffalo, NY

Buffalo, NY Picone Construction Corp. has begun the expansion of Sisters Hospital’s Neonatal Intensive Care Unit (NICU) after their wall-breaking ceremony held January 25 at 2157 Main St. The new $8.8 million NICU is scheduled to open later this year, and will enable the hospital to expand its current NICU from 20 to 40 beds. The additional 21,000 s/f NICU will be located adjacent to the hospital’s inpatient maternity unit and newborn nursery, creating a centralized location for mother-baby care.

Construction plans additionally include: utilization of existing space which will not interrupt care provided in the current NICU; single family rooms to enhance individual care; large central technology hub; dedicated “parents-only” space for overnight accommodations for families; and reduced light and sound control to create a more soothing environment for premature babies.

Rendering, interior Neonatal Intensive Care Unit at Sisters Hospital - Buffalo, NY Rendering, interior Neonatal Intensive Care Unit at Sisters Hospital - Buffalo, NY

The architect of record is Kideney Architects.

Picone Construction Corp. has been providing professional construction services to the Western New York area since 1931. The firm specializes in general contracting, construction management, design/build, and facility services. Past projects stand as enduring testimonials to the integrity and commitment that has always characterized their work. Extensive experience and knowledge insures that all clients will receive the quality and value they demand.

MORE FROM Brokerage

Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced