Pelham, NY As a result of land use approvals secured by McCullough, Goldberger & Staudt, LLP, the Village of Pelham has given the go ahead for a mixed-use development near the Pelham Metro-North Station.
Bronx, NY MBD Community Housing Corp., a leading community organization devoted to increasing affordable housing opportunities and improving the quality of life in the borough, has received the New York Housing Conference 2018 Non-Profit of the Year Award.
Manhattan, NY A $50 million program of capital improvements at New York City’s Paramount Building has brought extensive upgrades and a lobby relocation designed to better accommodate modern tenant needs at the Times Sq. office tower. Commercial real estate services firm Levin Management Corp. (LMC) oversaw the renovation as owner’s construction representative. Fifield Piaker Elman Architects PC. served as the architect.
New York, NY According to Capell Barnett Matalon & Schoenfeld LLP, Christopher Wright has joined the firm as counsel and William McManus has joined as an associate.
Manhattan, NY In Greenwich Village, a new rooftop expansion and athletic center for the Grace Church School shows how urban institutions can make every inch count. Designed by Murphy Burnham & Buttrick Architect (MBB) to accommodate growth at the independent preparatory high school’s campus, this 14,000 s/f, double-height addition delivers highly flexible spaces full of sunlight for varied physical activities, academic uses, and events. Centered on a large, multipurpose gymnasium and new gathering areas, the expansion also adds offices, classrooms, locker rooms and storage facilities, as well as a new fitness center and golf simulator room.
Jersey City, NJ Friends of BelovED Community Charter School 2, Inc. (Friends 2) and the project team of Urbahn Architects and construction manager Hollister Construction Services have reached the construction milestone of “topping out” – or completing the structural steel frame – for the new BelovED Community Charter School’s Middle School building. The new school will be situated on a half-acre parcel of land located at 535 Grand St. New Jersey Community Capital and Provident Bank have provided construction financing of $12.5 million for the project.
Manhattan, NY Navillus Contracting, a New York City-based union construction company, is advancing multiple assignments as part of the Empire State Building’s fully reimagined observatory project, covering 75,000 s/f throughout. Empire State Realty Trust, owner and manager of the Empire State Building, is overseeing the upgrade of the property. While this project is underway, the 86th floor observatory remains open with uninterrupted visitor traffic. In August, Navillus completed the initial phase of its assignment with the opening of the Empire State Building’s new entrance at 20 West 34th St., which includes a detailed mosaic mural. The company is presently advancing a new phase of work focused on general trades and finishing carpentry work on other projects throughout the landmark.
Brooklyn, NY According to DXA studio, a New York based architecture and design firm, 280 St. Marks Ave., a condominium building in Prospect Heights has been completed. 280 St. Marks Ave. is a 80,000 s/f, 31-unit condominium building in Prospect Heights. Located in a neighborhood celebrated for its brownstones and brick townhouses, DXA maintained the cadence and quality of the surrounding neighborhood in the faceted façade of the building. The angles also correspond to the Flatbush Tpke. which ran near the site, whose early grid was superimposed by the city grid in the 1800’s resulting in angled neighboring buildings and irregular property lines.
New York, NY Commercial Real Estate Women (CREW) New York held its last luncheon of 2018 featuring a panel program, awards and its annual Secret Santa initiative.
New York, NY Shawmut Design and Construction has completed the Alumni Auditorium renovation at Columbia University Irving Medical Center (CUIMC). Shawmut, along with design-partner MdeAS Architects, reimagined the auditorium to deliver a bright, welcoming, and modern learning environment and assembly space where employees, students, and visitors can gather, share ideas, and innovate. Other project team members included: MEP engineer - WSP Group; structural engineer - Leslie E. Robertson Associates, RLLP; and LEED consultant - Vidaris, Inc.
New York, NY According to Adelaide Polsinelli and Ronda Rogovin, both vice chairs of Compass, a technology-driven real estate platform, announce the continued expansion of the investment sales division with the hires of George Moss, Karen Dome, Mitchell Goldstick, Trystan Polsinelli…
The transformation of traditional office space through open-plan workspaces has been heralded as the next great frontier in office productivity and culture, encouraging open communication, collaboration, and efficient use of space. Many recent open-plan offices have embraced contemporary design with aesthetically pleasing decor and dynamic lifestyle elements such as coffee bars, full-service café, lounge areas, and treadmill desks. In the past year, however, open office design has come under some scrutiny. A recent Harvard study found that while open office workspaces can lead to increased communication, they also can inhibit productivity. According to the study, the lack of privacy and the abundance of distractions and noise have limited employees’ ability to focus.
he question haunts me every time someone says it to me and unfortunately, that’s all too often. It’s kind of like saying “well, I’ll get car insurance after I’ve had an accident or home insurance after the hurricane. That just doesn’t make any sense at all. And I believe it’s because of a fundamental issue. Most folks don’t understand how security works. Back in the medieval ages, security meant build a big castle wall with a moat (some people still think this is effective [wink, wink, nudge, nudge]); then after the hordes changed tactics and instead of advancing would lay siege.
White Plains, NY The Building Owners and Managers Association (BOMA) of Westchester County has revealed its slate of officers for the 2019 term. Susan Curtis, RPA, was re-elected president. Curtis was sworn in with the rest of the slate at BOMA Westchester’s Annual Holiday Party and Inauguration of Officers held December 13, 2018 at Westchester Hills Golf Club.
It is clear that coworking has transformed both the commercial real estate industry and the startup ecosystem. By allowing small businesses and solopreneurs easy access to well-appointed, turnkey, flexible office space complete with fractional use of shared resources such as printing, conference rooms, and videoconferencing, coworking companies typically extract significantly higher psf revenue than traditional commercial landlords. Given the clear benefits to both landlords/operators and their customers, coworking is not only here to stay, but will continue to encroach upon the traditional commercial office space landlord/tenant model. Coworking behemoth WeWork was recently valued at $45 billion and is rumored to be planning a very high profile IPO in 2019.
Manhattan, NY According to L&L Holding Co., anchor tenant Citadel Enterprises LLC, one of the world’s largest asset management firms, is expanding its tenancy at 425 Park Ave., a 47-story office tower under construction in the Plaza District.