News: Brokerage

WSP Flack + Kurtz receives GSA Design Excellence Award

WSP Flack + Kurtz has received a 2010 Design Excellence Award in Engineering from the U.S. General Services Administration for its high-performance building modernization of the Peter W. Rodino Federal Building. WSP Flack + Kurtz's role in the Rodino project included the complete renovation of nine floors of the 495,200 s/f building, plus major system upgrades. These upgrades encompassed ventilation; lighting; central plant chillers, cooling towers and hot water pumps; and significant sustainability measures. The firm also performed extensive analysis and modeling of multiple double-skin façade configurations for the building, which had been constructed in 1967. It is anticipated that these energy-saving features will save approximately 32% in utility costs annually. Other members of the design team included Dattner Architects and Richard McElhiney Architect. Martha Johnson, Administrator of the U.S. General Services Administration, noted that the buildings and designers honored with 2010 Design Awards "are leaders, innovators, and pioneers" and that they "represent the highest caliber of design and the new edges of sustainability." WSP Flack + Kurtz is a multi-faceted engineering firm that has completed significant projects with internationally acclaimed architects for the world's largest corporations, developers and institutions. The firm's services include mechanical, electrical, plumbing, fire protection, security, information technology, architectural lighting design, and commissioning. WSP Flack + Kurtz's 400-plus professionals are based in offices in New York City, San Francisco, Boston, Seattle, Las Vegas, Houston, and Washington, DC. The firm also has worldwide capabilities as an integral part of the WSP Group, a 9,000-person multi-disciplinary international engineering consultancy based in London, with offices spanning 35 countries. For more information, please see www.wspfk.com and www.wspgroup.com. ### 01/31/11
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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,

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
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