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Peter Serpico Named Chief Executive Officer of Cava Construction

Peter Serpico Named Chief Executive Officer of Cava Construction

New York City-based Cava Construction & Development, a construction management company specializing in high-rise buildings, has named Peter Serpico as chief executive officer. Serpico, who has been acting in this role already, will now be formally responsible for the strategic direction and growth of the company, day-to-day operations and oversight on all Cava Construction projects. […]

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Taking Net Zero Water to New Heights

Taking Net Zero Water to New Heights

Net zero energy has been a hot topic in the commercial buildings industry, but energy isn’t the only commodity in the spotlight anymore. There’s a new phrase on the scene: net zero water. “As the Living Building Challenge has become more popular, so has the concept of net zero water,” explains Jacob Arlein, partner and […]

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<span style= 'font-family: Open Sans Condensed, sans serif; background-color: #0A6C93; color: #FFFFFF; font-size: 0.8em;'> Elevate </span> Is it Possible to Install a Curtain Wall in Just Two Weeks?

 Elevate  Is it Possible to Install a Curtain Wall in Just Two Weeks?

Curtain wall no longer has to be a long, drawn-out project – Thermolite has now made it possible to complete a commercial curtain wall system installation in approximately two weeks. They developed the RetroWAL Express program as a solution for curtain wall projects that require a quick turnaround. Glazers, general contractors, and even building owners […]

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Investment Banker Leases Remodeled Top Two Floors of 570 Lexington Avenue

Investment Banker Leases Remodeled Top Two Floors of 570 Lexington Avenue

Marlin & Associates, a boutique investment banking firm, is relocating its New York City headquarters to 570 Lexington Avenue and expanding its office space. Savills Studley’s Managing Director Lance Leighton and Associate Michael Bertini, who specialize in representing boutique financial tenants, arranged the 10-year transaction. Originally known as the RCA Victor Building when designed by […]

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Walkability Premium Found in Price Trends for Commercial Property

Walkability Premium Found in Price Trends for Commercial Property

Real Capital Analytics has launched the RCA & Walk Score Commercial Property Price Indices (CPPI), the first of its kind to quantify the price value of walkability for commercial properties. Walk Score is a single comparative measure of the ease or ‘walkability’ from a given property location to nearby amenities. Over the past decade, prices […]

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$9 Million Renovation Draws New Office Tenants to The Esplanade in Phoenix

$9 Million Renovation Draws New Office Tenants to The Esplanade in Phoenix

The Esplanade is re-asserting its position on Phoenix’s Camelback Corridor with 70,000 square feet in new leases and renewals completed by the Phoenix office of JLL, and a $9 million renovation in the works by MetLife, Inc., owner of The Esplanade buildings I, II, IV and V. “The Esplanade is the benchmark by which real […]

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Elevator Modernization: Tips on Project Planning, Budgeting, and Management

Elevator Modernization: Tips on Project Planning, Budgeting, and Management

“Think about a LinkedIn or Shutterstock employee,” says Thomas Durels, executive vice president, chief of property operations and leasing for Empire State Realty Trust. “Those are our tenants; they’re working at the Empire State Building any time, day or night. They’re traveling to and from restaurants, a fitness center, conference space, and their workspaces – all under one roof. We’re contributing to their productivity by making sure they don’t have to wait in line for…

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Austin High-Rise to be Tallest Condo Tower West of the Mississippi

Austin High-Rise to be Tallest Condo Tower West of the Mississippi

Austin’s skyline will gain a commanding new addition with a 58-story condo tower. Set to rise 685 feet in the air, its height means it will soar into record books as the tallest structure in Austin, and the tallest residential building west of the Mississippi River. The Independent will feature 370 condo residences, providing a […]

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New Machine Room-Less Elevator for Mid and High-Rise Buildings

New Machine Room-Less Elevator for Mid and High-Rise Buildings

Press Release | April 15, 2015

Schindler Elevator Corporation has introduced its Schindler 5500 machine room-less (MRL) traction elevator for mid-rise and high-rise buildings. The Schindler 5500 MRL, currently available in select North American markets, combines advanced features typically available only in high-rise [...]

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Brookfield Secures $1.2 Billion Financing for Huge Manhattan West Office Tower

Brookfield Secures $1.2 Billion Financing for Huge Manhattan West Office Tower

High Rise Facilities | April 14, 2015

Brookfield Property Partners will begin construction on One Manhattan West, a 2.1 million-square-foot office tower located at the southwest corner of Ninth Avenue and 33rd Street, having secured a 20-year lease with Skadden, Arps, Slate, Meagher & Flom LLP (“Skadden”) as the anchor tenant. Skadden will occupy 550,000 square feet on floors 28 to 43 […]

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Inside High-Rise Facilities: Building-Integrated Photovoltaics

Inside High-Rise Facilities: Building-Integrated Photovoltaics

High Rise Facilities | April 14, 2015

A building integrated photovoltaics (BIPV) system integrates photovoltaic modules into the building envelope itself: typically in the roof or façade (or both). A BIPV system can simultaneously act as building envelope material and a power generator, offering the potential for material cost savings. For instance, building integrated photovoltaics may be used in place of traditional […]

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Controlling Costs with Electrical Preventive Maintenance

Controlling Costs with Electrical Preventive Maintenance

Emily Aschinger Martin | April 13, 2015

On December 2, the city of Detroit experienced a widespread shutdown of its electric power due to failure of grids. This power failure “forced evacuations, trapped people on elevators and darkened hospital rooms,” according to the Detroit News. The report continued with a statement from Randi Berris, DTE Energy spokeswoman: “Everybody is aware the system […]

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Fisher Brothers Building Luxury Rental High-Rise at 225 East 39th Street

Fisher Brothers Building Luxury Rental High-Rise at 225 East 39th Street

High Rise Facilities | April 13, 2015

Construction has begun on Fisher Brothers’ new 36-story luxury residential tower, 225 East 39th Street. Designed by Handel Architects, the striking glass edifice will be without peer in the Murray Hill neighborhood. The LEED-designed building will feature 372 rental homes. “Our vision is to create stunning homes with amenities that become an extension of one’s […]

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J.P. Morgan Acquires Bethesda Crossing Wisconsin Towers

J.P. Morgan Acquires Bethesda Crossing Wisconsin Towers

High Rise Facilities | April 10, 2015

MRP Realty, developers of commercial, residential and mixed-use real estate across the Washington Metropolitan region, and Rockpoint Group, LLC, a real estate private equity firm, today announced the sale of the Wisconsin towers of Bethesda Crossing, 353,000 square feet of Class A office, to institutional investors advised by J.P. Morgan Asset Management. The entire complex, […]

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A Web of Wireless Challenges

A Web of Wireless Challenges

Greg Jacobs | April 10, 2015

Imagine for a moment that you’re trying to have a one-on-one conversation in a large, empty room. At first you’re able to speak at a comfortable level and hear each other perfectly, without much effort at all. But as the room slowly begins to fill, you have to adjust your volume and work a little […]

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Fisher Development Breaks Ground on First of Two Jersey City High-Rises

Fisher Development Breaks Ground on First of Two Jersey City High-Rises

High Rise Facilities | April 10, 2015

Jersey City, NJ Mayor Steven Fulop joined representatives of Fisher Development Associates and members of Hudson County’s civic and business communities April 9th to break ground on a new 44-story luxury rental building on the Gold Coast of downtown Jersey City. Located at 33 Park Avenue between Luis Munoz Marin Boulevard and Seventh Street, the […]

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Next Generation of Sustainable Cleaning with Nanobubble Technology

Next Generation of Sustainable Cleaning with Nanobubble Technology

Press Release | April 10, 2015

Minneapolis-based Tennant Company has introduced ec-H2O NanoClean, the next generation of their successful, sustainable cleaning technology ec-H2O. This next generation solution offers the same benefits of the original and now cleans better, cleans more soils, and is effective in more applications. The proprietary ec-H2O cleaning technology was first introduced in 2008 and commercialized on a […]

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Cut Energy Bills in High-Rise Restrooms

Cut Energy Bills in High-Rise Restrooms

Leah Grout Garris | April 9, 2015

Even though the focus of most restroom projects is water conservation, that doesn’t mean energy-management improvements aren’t also possible. Because restrooms are usually located in the core of taller buildings, solar heat gain and heat loss through outside walls aren’t major culprits. But restrooms still consume their fair share of energy thanks to the hot […]

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Q&A With Sheldon Oppermann, Executive VP of Compass Properties

Q&A With Sheldon Oppermann, Executive VP of Compass Properties

Leah Grout Garris | April 8, 2015

“It may be a fairytale way of explaining the business,” says Sheldon Oppermann, executive vice president of Compass Properties in Milwaukee, “but I really think facility management is about finding solutions for people – it’s much less about concrete and bricks and mortar. It’s about saying, ‘Tell me what’s wrong, and let’s work on ideas […]

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Giarratana Moves Forward With High Profile Nashville High-Rise

Giarratana Moves Forward With High Profile Nashville High-Rise

High Rise Facilities | April 8, 2015

It’s not only jobs and residents flocking to Nashville: lenders are competing to back multifamily developments in the Music City. Developer Tony Giarratana has secured $47.5 million in key financing commitments to allow his company to move forward with its latest development, to be called 505. Located at the corner of 5th Avenue and Church […]

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Manhattan’s Repositioned “Lipstick Building” Now at 97% Occupancy

Manhattan’s Repositioned “Lipstick Building” Now at 97% Occupancy

High Rise Facilities | April 7, 2015

The repositioning of the Lipstick Building at 885 Third Avenue just took another leap with the leasing of the entire 17th floor by the StepStone Group LP. The firm has signed a 10-year lease for the 19,270-square-foot architecturally renovated space. Representing the landlord for the transaction were Newmark Grubb Knight Frank’s Erik Harris, Senior Managing […]

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Elevatoring:  The Art and Science of High-Rise Residential Lifts

Elevatoring: The Art and Science of High-Rise Residential Lifts

Robert S. Caporale, MSc | April 7, 2015

The majority of high-rise buildings being built throughout the world today have been designed either entirely for residential or a combination of residential and commercial occupancies. This is due to the high demand for additional living space in most major cities caused by a number of factors. These include a significant move of the current generation of business professionals into city centers as well as the aging senior citizen population that appears to want to [...]

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One World Trade Center Observatory Announces Opening Date

One World Trade Center Observatory Announces Opening Date

High Rise Facilities | April 7, 2015

One World Observatory today announced that its official public opening date will be Friday, May 29, 2015. In the days leading up to the official public opening, One World Observatory will say a special thank you to New York City by hosting multiple free preview days for local school students and the workers that helped […]

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