Brooklyn Bridge Park Corp. has selected a developer and a new design plan for Pier 6, a controversial high-rise residence on the edge of a coastline park on the Brooklyn waterfront facing downtown Manhattan. The city controlled Brooklyn Bridge Park Corp. selected a joint venture of RAL Development Services and Oliver’s Realty Group to develop the two residential buildings from among the 14 bids submitted.The joint venture is making a $106 million upfront payment to acquire the long-term lease at the site and will also make annual payments on the 94-year lease, according to James Yolles, a spokesman for RAL.Community
The New York Department of Environmental Conservation on Monday released its long-awaiting findings on hydraulic fracturing making official the state’s ban on the practice. The finding came after a seven-year review during which time fracking in New York was on hold. The ban took effect immediately and applies to any oil or gas wells that require more than 300,000 gallons of water to frack.“After years of exhaustive research and examination of the science and facts, prohibiting high-volume hydraulic fracturing is the only reasonable alternative," DEC Commissioner Joe Martens said. "High-volume hydraulic fracturing poses significant adverse impacts to land, air, water,
From the ground level, the U.S. Capitol dome appears much like it did almost 150 years ago, but up-close inspection reveals an aging icon in desperate need of restoration.
Steadily improving market conditions, plus some acquisitions, are producing higher revenue numbers for many large design firms throughout the mid-Atlantic region.
PSEG Long Island has selected 55 entities to build 76 solar power projects totaling 100 MW at various locations on Long Island.The selected projects were chosen through the second phase of Long Island Power Authority’s Clean Solar Initiative Feed-in Tariff program. In the first phase of the FIT program, 50 MW of solar power projects were selected through a solicitation, and they entered service in 2014.PSEG operates LIPA’s transmission and distribution system.The winners in the FIT II program are in the process of securing power purchase agreements for the electrical output of their projects. The final bid price in the
A rigging failure caused the air conditioning unit being lifted into place at 261 Madison Ave. in Manhattan to fall to the street 28 stories below on May 31, according to an investigator on the scene.The massive unit hit the step-backed building as it fell, raining debris on Madison Ave. between 38th and 39th streets and injuring eight people in the area and two construction workers.There were some reports that the unit fell as it was being put into place or that the floor cracked or gave way as the unit was being moved into place. “None of those are
Indicators point to continued strength in the New York City construction market, according to recent reports from the New York Building Congress. Both spending on construction and construction employment are up strongly, indicating a stronger market than NYBC anticipated in its October forecast. “If the trend continues in 2015, we can expect to see construction employment reach 130,000 for just the second time in this decade,” Richard T. Anderson, NYBC president, said. At the end of May, NYBC reported that private sector construction employment in New York City rose 4.5% in 2014 and 10% since 2012. Construction employment also rose
A rigging failure caused the air conditioning unit being lifted into place at 261 Madison Ave. in Manhattan to fall to the street 28 stories below on May 31, according to an investigator on the scene. The massive unit hit the step-backed building as it fell, raining debris on Madison Ave. between 38th and 39th streets and injuring eight people in the area and two construction workers. There were some reports that the unit fell as it was being put into place or that the floor cracked or gave way as the unit was being moved into place. “None of
A massive air conditioning unit being lifted into place on a 28- story building in Midtown Manhattan on Sunday morning broke free, ricocheting off the tiered building and landing the street below. Ten people were injured, including two construction workers, none with life-threatening injuries. The other people injured were either pedestrians or occupants of passing cars. Traffic was restricted to a single lane on Madison Ave. between 38th and 39th streets, during the lifting operation. The building, 261 Madison Ave., is owned by The Sapir Organization. It was not clear at press time if the accident was a result of
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