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After Missing Tappan Zee Project, Dragados Looks To Regroup
It wasn’t the splash Chris Ward was hoping Dragados would make in New York, a state where the Madrid-based construction company had aimed its recently-hatched aspirations at dramatically growing in the...
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Legacy Builders Takes Space at 519 Eighth Avenue
The Kaufman Organization’s building at 519 Eighth Avenue is now 100-percent occupied after Legacy Builders inked an 11-year lease for 9,020 square feet at the property, Barbara Raskob, leasing director...
View ArticlePort Authority Execs Delay $4B LaGuardia Terminal Redevelopment Takeoff
A vote to move forward on a new $4 billion terminal building at LaGuardia Airport has been grounded until next month. Board members of the Port Authority of New York & New Jersey opted today to...
View ArticleNew York Finally Opens Its $4 Billion, Long-Awaited Santiago...
Much like the most iconic New York City properties, it seems likes everyone’s got an opinion on the new Santiago Calatrava-designed PATH station at the World Trade Center called the Oculus. With the...
View ArticleThe Empire State of Mind
This week it will be 85 years since President Herbert Hoover pushed a button in Washington, D.C., that symbolically turned the lights of the Empire State Building on for the first time. Meanwhile in...
View ArticleConstruction Begins on 1.3M-SF, $4.2B Terminal Building at LaGuardia [Updated]
Vice President Joseph Biden and Gov. Andrew Cuomo ceremoniously kicked off the $4.2 billion construction of a new 1.3-million-square-foot Terminal B building at LaGuardia Airport in Queens today....
View ArticleThomas Webb, General Manager for the New York Metro Region at Skanska
Skanska is having a busy 2016. Financing on the $4.2 billion LaGuardia Central Terminal B redevelopment closed on June 1 and work on the behemoth public-private partnership (PPP) is now underway. The...
View ArticleConstruction Site Safety: Here’s What You Need to Know
[SPECIAL ADVERTISING SECTION – SAFETY] New York City is in the midst of a building boom. According to the New York City Department of Buildings, construction has increased by more than 300% since 2009....
View ArticleSecond Coming: The East Side Awaits the Second Avenue Subway
For some Manhattanites, the East Side has been a hard road to travel. While the West Side basks in the extension of the 7 train to Hudson Yards, not to mention the 1, 2, 3, A, B, C and D lines snaking...
View ArticleRelated and Vornado Named Co-Developers of New Moynihan Station
Despite a multibillion-dollar bid-rigging scheme implicating some of his closest associates, Gov. Andrew Cuomo tried to shift the focus to an ambitious infrastructure program—a $1.6 billion plan to...
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State Finalizes $1.6B Deal With Related, Vornado and Skanska for Moynihan...
Related Companies, Vornado Realty Trust and Skanska have sealed a $1.6 billion deal with the Empire State Development Corporation to convert the James A. Farley Post Office into a train hall and...
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Skanska’s Elizabeth Heider on the Swedish Construction Giant’s Quest to Go Green
When President Donald Trump withdrew the U.S. from the Paris climate accord last month, more than 1,000 companies, universities, municipalities and states signed a “We Are Still In” letter declaring...
View ArticleColliers Senior Director Joins JEMB to Oversee DoBro Office Tower Development
JEMB Realty has snatched up Dennis Rauchet, a senior director in Colliers International’s project management group, Commercial Observer has learned. Rauchet, a construction and development veteran of...
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Robots Are Coming Online to Change Construction Forever
SAM is the construction worker who never takes a break. SAM never gets sick. SAM can lay approximately 100,000 bricks in a single month. Just don’t ask SAM to do corners. Earlier this year, SAM—or a...
View ArticleCO’s Top 10 Construction Firms of 2017
Construction starts in New York City have had mixed results as of August 2017. On the one hand, the dollar volume for erecting commercial buildings in the city accounted for $12.36 billion...
View ArticleVornado Talks Up Moynihan Train Hall for Amazon HQ2
Vornado Realty Trust’s redevelopment of the James A. Farley Post Office Building into the new Moynihan Train Hall is “front and center” in the West Side of Manhattan’s bid to house Amazon’s new HQ2...
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Why Construction Firm McKissack Added Natural Disaster Relief to Its Repertoire
Superstorm Sandy woke a lot of people up to the dangers that natural disasters can have on an unprepared region like New York City. One of those people was Cheryl McKissack Daniel. McKissack Daniel is...
View ArticleLinkedIn Expands to 312K SF at Empire State Building
LinkedIn is growing once again at the Empire State Building. The career-oriented social network inked a deal to add 30,165 square feet on the 27th floor of the iconic skyscraper at 350 Fifth Avenue,...
View ArticleSkanska Recruits Development Vet to Create LA Presence
Clare DeBriere, a former top executive at The Ratkovich Company, has joined Skanska, where she will serve as an executive vice president at the firm’s Los Angeles office at 444 South Flower Street,...
View ArticleSkanska Signs 99-Year Lease to Develop Downtown DC Mixed-Use Development
New York-based construction and development firm Skanska has signed a 99-year ground lease to build a mixed-use development on approximately 34,000 square feet of land at 1700 M Street NW in...
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