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Project of the Month: Navigating complexity; How Alexander Wolf & Son masterfully executed a $22m, 2...
October 31, 2023
Manhattan, NY Alexander Wolf & Son (AW&S), a family-owned general contracting and construction management firm, in partnership with class A building owner GFP Real Estate, recently completed a groundbreaking $22 million, 200,000 s/f project at 40 Worth St. for Legal Aid Society, the largest social justice law firm in New York City.
Bernheimer designs Breaking Ground’s Sutphin Senior Residence
October 31, 2023
Queens, NY Breaking Ground broke ground on Sutphin Senior Residence, a new affordable housing development that will bring 173 units of affordable and supportive housing to seniors in the Jamaica neighborhood. Breaking Ground celebrates the milestone with project partner Community Healthcare Network, who provided the land and plans to operate a federally qualified health center clinic
2023 NY Building Congress report shows $13 billion construction spending increase
October 31, 2023
Manhattan, NY Construction spending on projects across New York City will reach $83 billion in 2023, up $13 billion from last year, adjusting for inflation, according to a new report from the NY Building Congress. The updated spending figure is projected to reach $261 billion over a three-year period and is about 18% higher than pre-pandemic spending.
SLCE Architects and Cooper Robertson provide
110,000 s/f of amenities to 60 Wharf Drive
October 31, 2023
Brooklyn, NY Designed by SLCE Architects with a master plan by Cooper Robertson, amenity spaces by Peter McGinley, and developed by Halcyon Management, 60 Wharf Dr. is the first of two waterfront towers planned at the five-building development. The project’s footprint spans across West St. to the East River. The leasing program for 60 Wharf Dr., which began as a whisper campaign, followed by a soft opening in late July
Frida Escobedo and Handel Architects design 27,000 s/f building for National Black Theatre, Ray and ...
October 31, 2023
Manhattan, NY National Black Theatre (NBT), Ray and LMXD celebrated the topping out of National Black Theatre and Ray Harlem, a 21-story arts and culture hub located at 2031 Fifth Ave. that will house a permanent home for the longest-running Black theatre in New York City, founded in 1968 by the late visionary artist Dr. Barbara Ann Teer.
GAMCO Corp. installs 400 s/f of structural
skylight at The Rockleigh
October 31, 2023
Rockleigh, NJ The main ballroom at The Rockleigh, a Bergen County event and wedding venue, now has large new architectural skylights providing natural light to the interior space. The five structural skylights were custom designed and fabricated by GAMCO Corp., one of the New York metro region’s leading fenestration and architectural metals specialty suppliers.
Lilker, an IMEG Co., transforms 10,000 s/f into new Bideawee Headquarters
October 31, 2023
Manhattan, NY The Bideawee organization, one of the nation’s first no-kill shelters, has moved its headquarters. Together with a team of architects, engineers, design consultants and contractors, Bideawee (Scottish for “stay a while”) converted a three-story brick and wood structure at 152 West 24th St. to a veterinary and housing facility for cats and dogs. A ribbon-cutting ceremony was held August 1.
Goldman Copeland names Allaben and Galarza as principals of the firm
October 31, 2023
New York, NY Goldman Copeland, the New York City-based consulting engineering firm, has named two new principals of the firm: Jonah Allaben and Daniel Galarza. Allaben will continue in his role as senior mechanical engineer and program manager to deliver energy-efficient engineering designs. He works closely with Goldman Copeland’s Energy Services Department to convert the findings of energy studies into energy-saving mechanical, electrical, and plumbing (MEP) solutions.
Aufgang Architects and Slate Property Group
top out 116,000 s/f multifamily building
October 31, 2023
Brooklyn, NY Slate Property Group in partnership with Avenue Realty Capital and SD Builders and Construction LLC topped out construction at 159 Boerum St. in East Williamsburg. The 116,000 s/f, 162-unit, building now stands at 216’ tall at the roof line. Workers marked the milestone with a ceremony on the 16th floor of the building. Construction is expected to be completed in the summer of 2025.
Urban Edge signs Relive Health to 3,579 s/f at Rutherford Commons
October 31, 2023
East Rutherford, NJ Urban Edge Properties signed Relive Health to a lease for its first Northeast location at Rutherford Commons. This new anti-aging and wellness destination, which will open in a 3,579 s/f location early next year, is operated
Investment Property Realty Group closes on 260 President St.
October 17, 2023
Brooklyn, NY Investment Property Realty Group (IPRG) would like to announce the closing of 260 President St. for $6.1 million. This property is located between
NAI Long Island represents three tenants in office space leasing
October 17, 2023
Medford, NY NAI Long Island, an office of NAI Global, a leading global commercial real estate brokerage firm announced that senior director Brian McGuire, negotiated the successful completion of lease agreements for three separate
Investment Property Realty Group closes on 423 Court St.
October 17, 2023
Brooklyn, NY Investment Property Realty Group (IPRG) announced the closing of 423 Court St. for $5,346,458. This property is located between 2nd Pl. and 3rd Pl. The building is built 20.17 ft x 40 ft, offering approximately 3,200 s/f. The lot is built
JLL secures $869 million to refinance 25-property national industrial portfolio
October 31, 2023
Dallas, TX JLL’s Capital Markets group arranged a total of $869 million in financing for a 25-property bulk industrial portfolio totaling 11.4 million s/f in 13 major industrial markets across the U.S.
NAI DiLeo-Bram & Co. arranges $21 million sale of 67,355 s/f industrial building
October 31, 2023
Linden, NJ NAI DiLeo-Bram & Co. (NAIDB) negotiated the $21 million sale of a 67,355 s/f warehouse/industrial property located at 1900 Lower Rd. NAIDB managing director/principal Christopher Galiano, SIOR, exclusively represented the buyer, Service Truck Tire Center (STTC) in the transaction.
Closings underway at Witkoff’s One High Line
October 31, 2023
Manhattan, NY Witkoff Group & Access Industries made known that One High Line, the new condominium project in West Chelsea designed by Danish architecture studio Bjarke Ingels, has commenced first closings. Spanning a full city block in the West Chelsea neighborhood,
Fisher Brothers finalizes Katsky Korins lease at 605 Third Ave.
October 31, 2023
Manhattan, NY Fisher Brothers finalized a 15-year lease expansion with Katsky Korins LLP. Katsky Korins is expanding its existing 20,000 s/f space to occupy 30,000 s/f on the 16th and 17th floors at 605 Third Ave.
NYSAR honors Caro of Park Sterling Realty as Alan Yassky Distinguished Service Award winner
October 31, 2023
Verona, NY The New York State Association of Realtors (NYSAR) honored Leah Caro of the Hudson Gateway Association of Realtors (HGAR) as the Alan Yassky Distinguished Service Award winner during the association’s “Elevate Your Profession” fall business meetings
Romer Debbas elevates Tadros Awad, Modafferi and Szczesny as partners
October 31, 2023
Manhattan, NY Romer Debbas, LLP, said that Sarah Tadros Awad, Kacey Modafferi, and Steven Szczesny have been named partners in the firm, exemplifying the firm’s prioritization of championing female leadership in the industry, as well as their continued
JLL Capital Markets arranges $72.5 million construction loan for multi-housing
October 31, 2023
Brooklyn, NY JLL Capital Markets has arranged $72.5 million in construction financing for 544 Carroll St., a 17-story ground-up class A multi-housing development in the Gowanus neighborhood.
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