Owners Developers & Managers

Nine solar advances for 2019: Technological advances are creating a new look for solar energy as well as a new range of functionality - by Steven Schleider

Victor Hugo said, “There is nothing as powerful as an idea whose time has come.” Viewed in the context of today’s world, the same can be said of technology. Once its time has come, new technologies quickly reshape not only their industry, but our lives. 

New York City Local Law cheat sheet: Local Law 84, Local Law 87 and Local Law 88 - by George Crawford

This article is written as a summary of the three energy-related local laws that require compliance for most all multifamily and commercial buildings located in the five boroughs of New York City. 

Glass curtainwall systems for the façades of high-rise commercial buildings - by Tom Linus

All city skylines have large commercial buildings that consist of hundreds of thousands of windows.  Architects for these building utilize various types of window systems for their façades; however, the most common choice amongst newer (or newly renovated) commercial buildings are unitized curtainwall systems. 

PWC hosts Life Sciences Forum at the Allsteel Showroom; Keynoted by Kelley of Nancy J Kelley + Associates

New York, NY Earlier this month, Professional Women in Construction (PWC) presented their first Life Sciences Forum on February 5-th at the Allsteel Showroom. The event was a success and sparked interesting discussions. The New York region has seen significant investment in the life sciences area, leading to more and more facilities being developed and built to advance healthcare, medical education, and technology. The event included a keynote and panel discussion on the growth in the life sciences sector and building life sciences facilities. 

ACEC New York supports the DPC ESOP expansion; Key to proposal: Firm controlled by licensed professionals

New York, NY In 2012, New York State passed legislation allowing the creation of a new corporate form called the Design Professional Corporation (DPC). In a DPC, engineers, architects, land surveyors, landscape architects and geologists may join together to form a company to practice these professional disciplines. This legislation also states that if a firm’s Employee Stock Ownership Plan (ESOP) qualifies under certain criteria (greater than 75% of the ESOP’s trustees and plan committee members are licensed design professionals), that ESOP can be the largest shareholder and own up to 24.9% of the firm. This has proven to be a successful business model, and many firms have taken advantage of the flexibility it provides and the ESOP ownership provisions. 

Greater New York IREM holds annual dinner on February 7th

New York, NY Matt Duthie of NKF received the Institute of Real Estate Mangament (IREM) Great New York chapter’s Real Estate Person of the Year award on February 7th at the organization’s annual dinner at 230 FIFTH. Gail Duke, Duthie’s friend and colleague, presented the award. In his speech, Duthie extolled the virtues of IREM’s education and designation program saying, “It’s the most important investment you can make in yourself.”

BOMA New York hosts Lunch & Learn focusing on LL88; Featured Cayten of CodeGreen as a guest speaker

New York, NY The BOMA New York office in midtown hosted another sold out Lunch & Learn – focused on Local Law 88 of 2009 (LL88), AKA the Greener, Greater Building Plan. Deborah Deluca, vice president of electronic drives and controls, and chairperson of the Lunch & Learn program welcomed the packed room and introduced Christopher Cayten, LEED AP, M.Arch, principal of CodeGreen.

Question of the Month: Ice damming leaks: What happened? Is your roof still leaking? Was it installed/designed correctly? - by Andrew Amorosi

It’s that time of year again – snow that is pretty for some is scary for others. You may have experienced, read or heard about ice damming. You are familiar with the damage this phenomenon can cause. Perhaps your association has spent thousands or over a million dollars on roofing improvements or replacements within the last few years.

Executive of the Month: Meyers, CEO & president of Pumping Solutions; Runs pump sales/service company in N.Y. metro area

New York, NY The New York Real Estate Journal recently sat down with John Meyers, CEO and president of Pumping Solutions Inc., for a question and answer session. The pump sales and service company serves real estate companies, commercial establishments, colleges, and hospitals all across the New York Metropolitan area. 

United Management and Certes Partners top off Dahlia; A 20-story residential building designed by CetraRuddy

Manhattan, NY According to United Management and Reuveni Real Estate, Dahlia, a 20-story residential building on the Upper West Side, has officially “topped off” construction. A catered recognition ceremony, held at the building located at 212 West 95th St. between Broadway and Amsterdam Ave., attracted guests who toured the construction site, viewed project renderings and signed the last beam that was then hoisted and placed at the top of the building. The project is being developed by United Management in conjuction with Certes Partners. CetraRuddy is the design architect and interior designer, RKTB is the architect of record and JRM is the construction manager of the project.