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Skanska promotes Szatkowski to general manager

Skanska promotes Szatkowski to general manager

August 29, 2023
Manhattan, NY Skanska promoted Sean Szatkowski to general manager of Skanska USA Building’s New York operations. Elevating from his previous role as senior vice president account manager in the region, Szatkowski will be responsible for overseeing the firm’s business
Electra USA honors Lamardo of FW Sims as Employee of the Year

Electra USA honors Lamardo of FW Sims as Employee of the Year

August 29, 2023
West Babylon, NY Electra USA, parent organization of FW Sims, has recognized FW Sims project engineer, Robert Lamardo, who is known for his leadership and expertise. With a background in project management and a proven track record of project deliveries, Lamardo is
The hidden dangers of aging building façades: Maintaining  terra cotta and limestone exteriors is complex and necessary - by Steven Kratchman

The hidden dangers of aging building façades: Maintaining terra cotta and limestone exteriors is c...

August 29, 2023
Falling debris from defective building façades continues to present hazards for pedestrians on the streets of New York City. Multiple cases of falling masonry have resulted in serious injuries and even deaths in recent years.
P.W. Grosser Consulting new hires strengthen engineering and environmental compliance divisions

P.W. Grosser Consulting new hires strengthen engineering and environmental compliance divisions

August 29, 2023
Bohemia, NY P.W. Grosser Consulting, Inc. (PWGC) has hired six new employees: Chris Jorgensen, Massi Lelli, David Mellor, PE, Kevin Griffith, PE, Ryan Vaughn, and Ammarah Zaidi. Their additions to PWGC will strengthen the capabilities of the engineering and environmental compliance divisions.
E4H Environments for Health Architecture wins Association of Medical Facility Professionals project of the year

E4H Environments for Health Architecture wins Association of Medical Facility Professionals project ...

August 29, 2023
Manhattan, NY E4H Environments for Health Architecture has received the “Project of the Year Award - Under $50 million” from the Association of Medical Facility Professionals (AMFP) for its renovation of the Mount Sinai Hospital Emergency Department.
Understanding New York City Local Law 126 and its impact on Manhattan building owners - by Joe DiPompeo

Understanding New York City Local Law 126 and its impact on Manhattan building owners - by Joe DiPom...

August 28, 2023
In 2021, New York City put Local Law 126 in place. This is a mandatory ordinance pertaining to parking garages and their structural integrity. Parking structures located within the five boroughs of New York City will be required to undergo an inspection by a Professional Engineer who also holds the Qualified
Bennett named sector executive for Henderson Engineers

Bennett named sector executive for Henderson Engineers

August 29, 2023
Manhattan, NY Henderson Companies has appointed 22-year industry veteran Andrew Bennett as business sector executive for Henderson Engineers and Henderson Building Solutions. In his new role, Bennett will oversee operations for five practices: core and shell, mission critical, mixed use, warehouse,
Westchester County Industrial Development Agency votes final approval for $89.2 million Modera White Plains

Westchester County Industrial Development Agency votes final approval for $89.2 million Modera White...

August 29, 2023
White Plains, NY The Westchester County Industrial Development Agency (IDA) voted at its July 27th monthly meeting final approval of financial incentives for Modera White Plains, an $89.2 million adaptive reuse of a vacant light manufacturing facility into a 189-unit multifamily rental building.
JRM works with EvensonBest for 22,000 s/f office build out

JRM works with EvensonBest for 22,000 s/f office build out

August 29, 2023
Manhattan, NY JRM Construction has completed work for EvensonBest, known to be one of the largest furniture dealers in North America. EvensonBest tapped JRM to build out 22,000 s/f of corporate office space in the Union Square neighborhood. At 55 5th Ave., the space features
Statewide construction workforce continues to grow, diversify according to NY Building Congress

Statewide construction workforce continues to grow, diversify according to NY Building Congress

August 29, 2023
Manhattan, NY The New York Building Congress released a report that found that New York’s construction workforce continues to grow and diversify despite ongoing challenges across the industry. 
Ketosugbo, Holub and Seong join Spectorgroup

Ketosugbo, Holub and Seong join Spectorgroup

August 29, 2023
Manhattan, NY Spectorgroup has added three new hires to its team. The new team members bring a wealth of knowledge to the firm, further strengthening Spectorgroup’s ability to deliver thoughtful, research-based design strategies to its clients.
Cauldwell Wingate Construction completes The Davis Companies and Highland Development Ventures' 6,000 unit self-storage facility

Cauldwell Wingate Construction completes The Davis Companies and Highland Development Ventures' 6,00...

August 29, 2023
Manhattan, NY The Davis Companies (Davis) has completed development of a new self-storage building at 155 West 29th St. The 180,000 s/f facility contains over 6,000 units in a wide variety of unit sizes. The facility will be operated by Public Storage and will offer expanded hours, and short-term
Greater Binghamton: A place for businesses to begin, grow, and thrive - by Stacey Duncan

Greater Binghamton: A place for businesses to begin, grow, and thrive - by Stacey Duncan

August 29, 2023
Greater Binghamton has been home to companies who have left an indelible mark on our community. From companies such as Endicott Johnson, led by an innovative industrialist who prioritized the well-being of his workers; to companies like DICK’s Sporting Goods, who got their start in the City of Binghamton as a bait and tackle shop
Thoughts on avoiding damage due to crane collapse - by C. Jaye Berger

Thoughts on avoiding damage due to crane collapse - by C. Jaye Berger

August 29, 2023
The city seems so crowded at times, it’s like we’re all working on top of one another. Now that a few weeks have passed since the crane collapse in New York City, hopefully, all of the affected parties have filed at least the first phone call with the relevant insurance carriers to start the process of trying to obtain demands for damages.
Navigating NYC’s Local Law 11:  An essential guide for building owners - by William Gati

Navigating NYC’s Local Law 11: An essential guide for building owners - by William Gati

August 29, 2023
In the heart of New York City’s expansive and diverse architectural landscape lies a pivotal and non-negotiable regulatory system in safeguarding the urban fabric and the lives of its inhabitants and passersby. One such crucial regulation is Local Law 11, also known as the Facade Inspection and Safety Program (FISP)
The long and winding road of cap rates - by John Rynne

The long and winding road of cap rates - by John Rynne

August 29, 2023
In 1970 the Beatles released their last album together; “Let It Be”. On that album was a classic song; “The Long and Winding Road”. This memorable song also was released as a single and became the Beatle’s 20th number one single. Shortly after, the Beatles broke-up.
Real estate innovation – an opportunity - by Sandy Klein

Real estate innovation – an opportunity - by Sandy Klein

August 29, 2023
Empty office buildings. It’s nearly three years since the “return to work” predictions began. However, for quite some time now desks remain empty, floors remain empty, offices remain empty and buildings remain empty. Tenants no longer have the same space requirements and are downsizing.
Navigating 1031 Exchanges in a rising  interest rate environment - by Michael Packman

Navigating 1031 Exchanges in a rising interest rate environment - by Michael Packman

August 29, 2023
Prior to the July hike, the Fed held rates in June following increases of 25 basis points in February, March and May 2023, and 50 basis points in December 2022. These increases follow four consecutive increases of 75 basis points and increases of 50 basis points in May and 25 basis points in March 2022.
Simone Development sign two new retail leases totaling 3,552 s/f at Boyce Thompson Center

Simone Development sign two new retail leases totaling 3,552 s/f at Boyce Thompson Center

August 15, 2023
Yonkers, NY Simone Development Companies has announced signing two new leases totaling 3,552 s/f of retail space at the Boyce Thompson Center at 1086 North Broadway. Enbu Asian Fusion, a Japanese/Asian fusion restaurant, is leasing 2,580 s/f of space at the mixed-use center. SoYo Nails, a nail salon
SRS Real Estate Partners completes $9 million sale of Great Northern Mall; major redevelopment planned

SRS Real Estate Partners completes $9 million sale of Great Northern Mall; major redevelopment plann...

August 15, 2023
Clay, NY SRS Real Estate Partners announced it has completed the $9 million off-market sale of Great Northern Mall. The shuttered property is situated on 120 acres and is slated for a major mixed-use town center redevelopment to encompass hundreds of apartments and townhomes, entertainment venues, restaurants, medical offices