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Jonathan Rose Cos. buys Goodwill Terrace from Goodwill NYNJ; Transwestern advises seller, procures buyer–$35m

Jonathan Rose Cos. buys Goodwill Terrace from Goodwill NYNJ; Transwestern advises seller, procures b...

January 21, 2020
Queens, NY Jonathan Rose Companies, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, has acquired Goodwill Terrace Apartments for $35 million from
Outsource Consultants launches website with technologies designed for architects, engineers, property mgrs., owners

Outsource Consultants launches website with technologies designed for architects, engineers, propert...

January 16, 2020
New York, NY Since 1993, Outsource Consultants, Inc. has equipped the designers and builders of the New York City skyline with expert expediting and code consultations services. Along the way, the firm has developed several technologies specifically tailored to
Project REAP (Real Estate Associate Program) returns to New York City and Chicago

Project REAP (Real Estate Associate Program) returns to New York City and Chicago

January 13, 2020
New York, NY Project REAP (Real Estate Associate Program), one of the nation’s leading initiative connecting talented multicultural professionals and commercial real estate (CRE) for over 20 years, is returning to NYC and Chicago starting in mid-March 2020 with a
Doshi and Mehra of Meridian Investment Sales sell three-building, free-market portfolio in Albany for $8.65 million

Doshi and Mehra of Meridian Investment Sales sell three-building, free-market portfolio in Albany fo...

January 8, 2020
Albany, NY Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, sold a three-building, 117-unit portfolio. This 100% free-market portfolio sold for a capitalization rate of 7.2%, a gross rent multiplier of 7.6 times, just under $65 per s/f and $74,000 per unit. Amit Doshi, executive senior managing director and Shallini Mehra, managing director, represented
BOMA New York hosts Annual Holiday Luncheon

BOMA New York hosts Annual Holiday Luncheon

January 7, 2020
New York, NY Completing a year of producing record setting events, the Building Owners & Managers Association (BOMA) of New York entertained 900 commercial real estate executives at the Grand Hyatt for its Annual Holiday Luncheon.
Top issues for New York engineering firms in 2020 - by Jay Simson, ACEC New York

Top issues for New York engineering firms in 2020 - by Jay Simson, ACEC New York

January 7, 2020
ACEC New York continues to highlight the exceptional qualifications, expertise and efficiencies brought by private engineering design firms. State taxpayers benefit from ACEC New York member firms’ creativity and flexibility in multiplying the
Swanson of AKF named to PWC’s  2019 “20 Under 40”

Swanson of AKF named to PWC’s 2019 “20 Under 40”

January 7, 2020
New York, NY According to AKF, a global leader in engineering, technology, design, consulting and commissioning, its director of design technology, Nora Swanson, PE, LEED AP, has been selected by Professional Women in Construction (PWC) as one of
Professional Women in Construction celebrates a successful 2019

Professional Women in Construction celebrates a successful 2019

January 7, 2020
New York, NY Professional Women in Construction (PWC) ended the year with its annual holiday party on December 10th at Bryant Park Grill. The event featured “20 women under 40” that were honored for their
The next Local Law 196 deadline is approaching: Here’s what you need to know to be prepared - by David Meade

The next Local Law 196 deadline is approaching: Here’s what you need to know to be prepared - by D...

January 7, 2020
December 1st marked the deadline for certain construction workers – namely those who work at jobsites that require a construction superintendent, site safety coordinator, or site safety manager—to have completed 30 hours of
Local Law 87 calls for a third party engineering firm to conduct on-site assessment and RCx - by Drew Ferraro

Local Law 87 calls for a third party engineering firm to conduct on-site assessment and RCx - by Dre...

January 7, 2020
Local Law 87 (LL87) is an extensive energy audit requirement that calls for a third party engineering firm to conduct an on-site assessment and retro-commissioning study (RCx). It cannot be done in house, and it’s much different than
What can an owner do to mitigate the possibility of injury to the public due to ice formation? - by Matthew Cronin

What can an owner do to mitigate the possibility of injury to the public due to ice formation? - by ...

January 7, 2020
As we enter the heart of winter in New York City, it is a good time to consider the potential dangers of ice accumulating and falling from the tall buildings that make up our city skyline. We’re already seeing some extremely cold temperatures, and
Brookfield and Convene open 73,000 s/f event venue at Brookfield Place

Brookfield and Convene open 73,000 s/f event venue at Brookfield Place

January 7, 2020
Manhattan, NY Brookfield Properties and Convene are opening a flagship event venue at Brookfield Place. Operated by Convene’s staff of hospitality professionals, the 73,000 s/f, multi-use venue for meetings and events will further
Elms Realty to redevelop Long Island City property into Urban Yard, five-building complex with office and retail

Elms Realty to redevelop Long Island City property into Urban Yard, five-building complex with offic...

January 7, 2020
Queens, NY According to Newmark Knight Frank, (NKF) it has been retained to represent Elms Realty for Urban Yard in Long Island City, a large-scale redevelopment project. The first phase of the renovation will be 40-09 21st St., an 87,000 s/f
JLL appoints Gadaleta to lead tri-state property management

JLL appoints Gadaleta to lead tri-state property management

January 7, 2020
New York, NY According to JLL, Caroline Gadaleta will lead the firm’s property management business in the New York Tri-State region, effective this month. Gadaleta will oversee
Gamco Corp. ranks among the top architectural metal companies

Gamco Corp. ranks among the top architectural metal companies

January 7, 2020
Flushing, NY Leading New York regional manufacturer Gamco Corp. has once again received notable industry recognition as a Top Architectural Metal Company in North America. For the seventh year in a row, national trade periodical Glass Magazine has
Executive of the Month: Peter Simon of TSC: “We will stay in the forefront and embrace change”

Executive of the Month: Peter Simon of TSC: “We will stay in the forefront and embrace change”

January 7, 2020
New York, NY For Peter Simon, director of risk management, plans and logistics at Total Safety Consulting (TSC), coordinating a collaborative effort that requires the full participation of all involved is the crucial first step to ensure the safe completion of
Property of the Month: Ryan Soames Engineering delivers comprehensive MEP services for Hutong Restaurant renovation

Property of the Month: Ryan Soames Engineering delivers comprehensive MEP services for Hutong Restau...

January 7, 2020
Manhattan, NY Ryan Soames Engineering celebrated the completion of the Hutong Restaurant. The firm delivered comprehensive MEP engineering services on the 16,000 s/f space inside the Bloomberg Building at 731 Lexington Ave. The innovative engineering
ULI NY names 5th Annual Awards for Excellence in Development finalists

ULI NY names 5th Annual Awards for Excellence in Development finalists

January 7, 2020
New York, NY The Urban Land Institute New York (ULI NY) revealed the 2020 nominees for its 5th Annual Awards for Excellence in Development. This competition recognizes development projects across all industry sectors that
Senior Lifestyle welcomes first residents to Club at Briarcliff Manor

Senior Lifestyle welcomes first residents to Club at Briarcliff Manor

January 7, 2020
Briarcliff Manor, NY The Club at Briarcliff Manor welcomed its first residents to the new senior living community featuring assisted living and independent living apartments and memory care.
Landsea Homes and DNA Development break ground on 12-story, mixed-use development at 540 Sixth Ave.

Landsea Homes and DNA Development break ground on 12-story, mixed-use development at 540 Sixth Ave.

January 7, 2020
Manhattan, NY Landsea Homes, in partnership with DNA Development, officially broke ground on their 12-story, mixed-use development at 540 Sixth Ave., at the northeast corner of 14th St. and 6th Ave.