News: Brokerage

SWBR joins in SUNY College at Brockport groundbreaking

A groundbreaking ceremony was held recently for SUNY College at Brockport's Liberal Arts Building, which will be one of the first new academic facilities on campus in four decades. Philip Wise, AIA, principal at SWBR Architects (www.swbr.com) and several other staff members participated in the groundbreaking ceremony. The three-story building, which will be 61,000 s/f, is projected to cost $29.3 million and will be located east of the college's Drake Memorial Library, on the south side of the campus. It is slated to be ready for use in the fall of 2014. With rooms of different sizes, the new building will house the departments of English, history, modern languages and cultures, philosophy and women and gender studies. Currently, these programs are at various sites on campus, with the offices of the faculty and classrooms for some of these departments in different buildings. "Students will be more engaged. It sets up an environment where students and faculty are constantly seeing each other," said Darwin Prioleau, dean of Brockport's School of The Arts, Humanities and Social Sciences. Not only will the faculty and classrooms for these departments be in the new building, but gathering space will also be provided to promote interaction. A 200-seat auditorium will also be in the new building. And there will be gallery space to display the college's collection of poet E.E. Cummings' paintings, which are now in the art department's archives. Funding for the new building is called for in the State University of New York educational facilities five-year capital plan and has been approved by state lawmakers, said James Willis, the college's vice president of administration and finance. The State University Construction Fund is managing the project. Registered with the U.S. Green Building Council, the new facility will take advantage of natural light and use bioretention and open pond areas to retain rainwater. The last time a new academic building was completed on campus was in 1974, with the need for new facilities delayed by the decline in student enrollment in the years that followed the decade of growth
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,