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Lilker Associates Consulting Engineers joins IMEG, expands regional footprint
May 16, 2023
New York, NY Lilker Associates Consulting Engineers joined IMEG, a national engineering firm on May 1, 2023. The announcement follows another recent IMEG merger with Long Island-based Cameron Engineering and expands the firm’s footprint in the state of New York
HKS Real Estate Advisors and Lee & Associates of NY negotiate $15.488 million sale of 354 West 52nd ...
May 16, 2023
New York, NY HKS Real Estate Advisors and Lee & Associates of NY negotiated the $15.488 million sale of a prime development site at 354 West 52nd St. in the historic Clinton neighborhood. The block-thru parking lot has 75 ft. of frontage
Why media coverage should be a constant in your marketing plan - by Harry Zlokower
May 16, 2023
Building credibility and awareness are two major principles of sound real estate marketing. But even more essential and difficult in today’s uncertain market are maintaining those challenging goals. Real estate professionals are often easily thrilled by the prospects
Hodges Ward Elliott arranges $77.5 million sale of 37 West 57th St.
May 16, 2023
Manhattan, NY Hodges Ward Elliott (HWE) has arranged the $77.5 million sale of 37 West 57th St., a 13-story, 80,000 s/f office building in the Plaza District. The property was purchased by Sedesco, who acquired the building in a fee simple interest transaction. An HWE
JLL Capital Markets brokers sale of three-building package for $20 million
May 16, 2023
Manhattan, NY JLL Capital Markets brokered the $20 million sale of a three-building, mixed-use, multi-housing and retail portfolio at the 42nd St. corridor. 321-325 West 42nd St. is a collection of three contiguous properties with a combined 75 ft.
WinnCompanies secures funding for $137m rehabilitation of 508-unit Pines of Perinton housing communi...
May 16, 2023
Fairport, NY WinnCompanies secured the funding for a comprehensive, $137 million rehabilitation of the Pines of Perinton, preserving the 508-unit, 43-acre community as a key source of affordable housing in greater Rochester for decades to come.
Why New York City could start to see more industrial sale-leaseback transactions - by Jakub Nowak
May 16, 2023
In recent years, sale-leaseback transactions have gained popularity across the United States. On the other hand, New York City has seen few such deals over the last decade relative to other markets. Given the current lending environment however, this trend is likely to change
BOMA NY Energy Action Day
May 16, 2023
Manhattan, NY Following its yearly participation with Earth Day, BOMA New York produced its annual signature event – Energy Action Day. On April 26th, the breakfast seminar at midtown’s Club 101 attracted the most notable CRE owners, managers, and service providers.
IREM NYC members tour the New York Life Building
May 16, 2023
Manhattan, NY Sharon Hart, CPM, senior director, New York Life Investors; Bob Sweeney, senior account director, Cushman & Wakefield and Anthony Greco, chief engineer, Cushman & Wakefield took IREM members on a basement to roof tour of the magnificent New York Life Building.
PWC New York's MWBE committee to host annual MWBE Connect Summit on May 18
May 16, 2023
Manhattan, NY On May 18th, Professional Women in Construction’s (PWC) Minority and/or Women-owned Business Enterprise (MWBE) Committee is hosting their annual MWBE Connect Summit at the Shaw Showroom. Panelists will be discussing current projects and opportunities
Laser cleaning: The safer and more effective solution for large-scale restoration - by Ron Fanish
May 16, 2023
Large-scale restoration projects are major undertakings — indeed, in severe cases restoring a property or other structure can be more time consuming than simply building a new one. There are many elements and techniques that go into a large-scale restoration project,
Do you need to prepare for Local Law 97? What does that mean to your building... and bottom line? -...
May 16, 2023
New York City enacted Local Law 97 (LL97) as part of the Climate Mobilization Act with the goal of an 80% emissions reduction by the year 2050. Starting in 2024, there will be annual energy related fines, or prescriptive measures for your buildings that need to be completed to be in compliance
Jonathan Rose Cos. restructures leadership team
May 16, 2023
Manhattan, NY Jonathan Rose Companies has created three new positions on its leadership team. Nathan Taft has been promoted to chief investment officer, Caroline Vary to chief operating officer, and Chris Edwards to chief construction officer. Following several years of significant growth,
Rudin appoints Yuksel as senior vice president
May 16, 2023
Manhattan, NY Rudin said that Sevinc Yuksel has joined the firm as senior vice president, head of design and construction. In this position, Yuksel will direct and oversee capital planning and design and construction activities
Geothermal heat pump technology approved as renewable energy - by Chris Plummer
May 16, 2023
For building owners, consulting engineers, and general contractors searching for new ways to enhance the efficiency and sustainability of cooling units while seeking to preserve the atmosphere and global ecosystem, the big news is geothermal heat pump technology.
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Syska Hennessy Group promotes Brennen to chairman and Izzo president/CEO
May 16, 2023
Manhattan, NY The board of Syska Hennessy Group, the international engineering firm, has elevated Gary Brennen to chairman and Cyrus Izzo to president and CEO. Both previously served as co-presidents. In his new role, Brennen will work
Company of the Month: Outsource Consultants, Inc; Celebrating 30 years of building together
May 16, 2023
Manhattan, NY What started out as small talk between two idealistic young men turned out to be the seed of an entrepreneurial dream that allowed four friends to work and build together, resulting in the inception of Outsource Consultants, Inc. in 1993.
Lendlease breaks ground on 1 Java Street - largest
residential geothermal building in New York
May 16, 2023
Brooklyn, NY Lendlease and joint venture partner Aware Super have started construction on 1 Java St., an 834-unit residential development along the Greenpoint waterfront that, upon completion, will be New York State’s largest geothermal residential building.
MHT Lighting relaunches as MHT Technologies
May 16, 2023
Manhattan, NY A 14-year-old lighting firm and the owner of three U.S. building automation patents is relaunching under a new name, MHT Technologies. Formerly MHT Lighting, the company is changing more than its name. According to chief revenue officer Ira Horowitz,
Station Companies’ 14 Second Ave. condominium development reaches 30% sold
May 16, 2023
Manhattan, NY Station Companies sold two residences in the anticipated 14 Second Ave. condominium development. These closings bring the total sold to three out of 10 units, even before construction wraps on the project. The condominium project is expected to receive
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