Owners Developers & Managers

ACEC NY releases position paper: Design-build done right - by Jay Simson

ACEC New York believes in the value of project delivery systems that guide the design of public and private facilities, are in the best interest of the owner, utilize a Qualifications-Based Selection (QBS) procedure for the selection of design professionals, provide unbiased protection for existing and future infrastructure, and protect the health, welfare and life safety of the public.

Rothschild of RAB keynotes IREM March 13th breakfast meeting; Giambrone of Related and Lampkin of Flatbush earn CPM

New York, NY Howard Rothschild, president of the Realty Advisory Board on Labor Relations (RAB) was the keynote speaker at IREM’s March 13th breakfast meeting at the Union League Club. The RAB represents the ownership of over 3,100 residential apartment buildings on matters related to labor, and contract negotiations. With the current 32BJ contract approaching the expiration of its four-year term on April 20th, this is a timely topic for building management so that they can be better prepared. 

Malkin of Empire State Realty Trust to keynote Energy Action Day; To be held on May 10th at Club 101

NEW YORK, NY The Building Owners & Managers Association of Greater New York (BOMA New York) will hold their 2018 Energy Action Day on May 10th at Club 101. The event will feature keynote speaker Tony Malkin, chairman and chief executive officer, Empire State Realty Trust, followed by expert panelists including Byron Cotton, senior vice president, Core Services; Gary Fescine, FMA, RPA, director of enterprise services and head of global building operations, BlackRock; John Gilbert III, COO, EVP, CTO, Rudin Management Co.; and Kevin Reade, property manager, SL Green Realty Corporation.

AJ Capital and Cornell University begin construction on Graduate Hotel; 18-story, 224-key hotel on Roosevelt Island designed by Snohetta

Manhattan, NY AJ Capital Partners and Cornell University officially began construction on the Graduate Roosevelt Island at the Cornell Tech campus, part of the Graduate Hotels collection. AJ Capital selected Emigrant Bank to provide a $60 million, five-year floating-rate construction loan for the project. Jones Lang LaSalle acted as broker for the financing.

Triangle acquires development site for $25.4 million; To construct 300,000 s/f industrial building designed by Craft/GF55

Queens, NY Developer Triangle Equities has acquired a development site located near John F. Kennedy International Airport for $25.4 million. The project site is to be developed as a  300,000 s/f, multi-level industrial building.

Cogswell Lee Development tops out 150 Rivington, a 45-unit condominium building designed by Gluck +

Manhattan, NY The Lower East Side has a new addition to its skyline with the topping out of 150 Rivington, the residence by Cogswell Lee Development. With construction and design by Gluck +, the building now stands seven stories tall. 

Denihan promotes Goknar Turkmenoglu to regional vice president of operations

Manhattan, NY Denihan Hospitality, a full-service hospitality company focusing on developing, owning, managing and franchising lifestyle hotels, has promoted Gul Goknar Turkmenoglu to regional vice president of operations. Goknar Turkmenoglu will also continue to serve as general manager of The Benjamin, the company’s 209-room hotel located in Midtown Manhattan.

The EPAct 179D energy tax incentives are alive and well: Who benefits the most? - by George Crawford

George Crawford is the principal of Green Partners, New York, N.Y. ...

Kamber Management wins 2017 Pride of Clarkstown Award for the New City Center Shopping Center

New City, NY KamberManagement Co., a New York City-based owner and operator of commercial real estate, earned the 2017 Pride of Clarkstown A...

Toll Brothers launches sales gallery at 91 Leonard, designed by Whitehall; Architects: Skidmore, Owings & Merrill and Hill West

Manhattan, NY 91 Leonard developer Toll Brothers has launched its sales gallery,designed byWhitehall Interiors.Resembling a two-bedroom unit...