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.
Cava Construction specializes in high-rise construction, like the 50-story Gene Kaufman-designed hotel at 99 Water Street in Manhattan. Credit: Cava Construction
Cava Construction was founded in 1994, and is a market leader in building new, out-of-the-ground high-rise construction projects in New York City and multi-level renovations of existing buildings. Over the past decade the company has built more than one million square feet of new commercial and residential high-rise space, specializing in hospitality and multi-tenant buildings. The company is projecting more than $200 million in revenues in 2015.
“Over the last 12 years, we have built a very unique company that has achieved many important milestones and grown into a major construction management firm in the New York market,