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April 23 - May 13, 2013
Project of the Month
Digital Edition nyrej.com
Volume 25 ■ Issue 08
Project of the Month
NYC / PAGE 18-20B
GB / PAGE 9-11 SPECIAL INSERT
Mc Gowan Builders completes construction of new 52,000 s/f Lincoln Sq. Synagogue; designed by CetraRuddy
Design AIDD honored by ICF Building Magazine for 15-unit Wakefield Apartments
Green Buildings special insert
This Week’s Sections ROP, NYC, BuildingsNY, Connecticut, Billboard
Cover Story
Jones Lang LaSalle represents Kenisco Properties in $261.5m sale of 350 Madison Ave. NY / cover A
Question of The Month Kane and Shanahan of Iridium Capital:
Feature of the Month
Feature of the Month
BuildingsNY SPOT / PAGE 6C
Bleecker St. subway station given a new link and restored by Lee Harris Pomeroy Architects
GB / PAGE 13 SPECIAL INSERT
Gruzen Samton • IBI Group designs new 87,000 s/f Human Ecology Bldg. at Cornell
“I’m ready to sell my property but am not ready to pay capital gains - What are my options?” NY / Page 11A
Spotlight
BuildingsNY Section c
Features
New York City Financial NYC / PAGES 7-15B New York City Retail NYC / PAGES 27-38B
Columnist
Gregory Corbin Director NY / PAGE 2A
Executive of the Month
Executive of the Month
Executive of the Month
Question of the Month
Marchese, superintendent of Graciano Corp. Celebrates 40 years restoring NY landmarks
D’Amico, senior advisor at Lance Capital and 2013 CCIM president, wears many hats in the industry
Chin, SVP of healthcare at Structure Tone, brings unique perspective to project approach
“If I wait until maturity to refinance, I won’t pay a “premium,” right? Wrong!!
NY / PAGE 12A
Gino Marchese, superintendent of Graciano Corp.
NYC / PAGE 3B
Wayne D’Amico, senior advisor of Lance Capital
BuildingsNY / PAGE 17C
Joseph Chin, SVP of healthcare at Structure Tone
NYC / PAGE 5B
John Hosmer, CEO of Defease with Ease
18B April 23 - May13, 2013
New York City
New York Real Estate Journal
Visit the paper online nyrej.com
New York City
Visit the paper online nyrej.com
New York Real Estate Journal
Project of the Month
Structural Engineer
April 23 - May13, 2013
19B
Project Advisers/Owners Rep.
PROJ. TEAM INCLUDES WINSTON CONS., LEVIEN & CO., GACE, AMA, L.B. ELECT., IDESCO, METROPOLIS, TM TECH. AND CRESTRON
Mc Gowan Builders completes construction of new 52,000 s/f Lincoln Sq. Synagogue; designed by CetraRuddy
STRUCTURAL ENGINEERS FOR LINCOLN SQUARE SYNAGOGUE
31 West 27th Street, Sixth Floor, New York, New York PM 10001 Page t: 212 1 545 7878 NYRE Jrnl 2013_4 04-08-13 3:08
www.gace.net
Security 781-878-4540 Proof Tel: fax: 781-871-1853
IDESCO
NE NY REal EStatE JouRNal Changes
New Proof
Proof Approved
Section: from: run Date:
is pleased to
CetraRuddy designed a building that enhanced the unity of the congregation, while providing expanded space for all of the center’s daily activities ranging from prayer to classes, weddings and religious celebrations. To accommodate this, the new 52,000 s/f building features three above-grade and two below-grade rooms, as well as outdoor activity areas for educational programs and holiday use. The facility also includes a 450-person sanctuary, 6,500 s/f ballroom, 160-person Beit Midrash (House of Study). CetraRuddy designed the new synagogue to reflect the Jewish tradition and convey the heart and spirituality of its congregation. Mc Gowan Bldrs. worked closely with CetraRuddy to implement the crafted details that this complex project required, including the installation of the center’s 5,000
Winston Consultants inC.
Lincoln Sq. Synagogue’s entrance - New York, NY s/f façade, which features five ribbons sanctuary required mounting of 613 of glass that symbolize the five books lights, corresponding to the number of the Torah. Additionally, the main of commandments in the Torah, as well as a raked seating arrangement that promotes a feeling of equality and unity among congregants. Lincoln Sq. Synagogue is one of two synagogues that Mc Gowan
Photo Credit: CetraRuddy
Mc Gowan Builders Inc. has completed the new Lincoln Sq. Synagogue, the Upper West Side religious institution, located at 180 Amsterdam and West 68th St. Designed by architecture and interior design firm, CetraRuddy, the three-story synagogue has officially opened its doors and has already hosted its first major event in January. By 2006, the original Lincoln Sq. Synagogue at 200 Amsterdam and West 69th St. could no longer accommodate its growing congregation. This resulted in a land swap between the Synagogue and American Continental Properties, a development company that owned the land at 180Amsterdam. Mc Gowan Bldrs. was subsequently hired to construct the facility and was involved through the project’s completion. NEW YORK, NY
Photo Credit: CetraRuddy
consulting engineers pc
Exterior of Lincoln Sq. Synagogue - New York, NY Bldrs. has recently erected in New Mc Gowan Bldrs. also constructed York City. The company previously the award-winning Cenacle Retreat built the Hebrew Institute of River- Center and Convent in Ronkonkoma dale, a three-story Orthodox Jewish which was built using sustainable center in the Bronx that has provided construction techniques and recycled religious services for over 30 years. materials.
Lincoln Sq. Synagogue Project Team
be part of the Photo Credit: CetraRuddy
LSS team. Lincoln Sq. Synagogue’s pews - New York, NY
Owner................................................................................................ Lincoln Sq. Synagogue Owner Representative ...............................................................Winston Consultants, Inc. Owner Representative ..............................................................................Levien & Co., Inc. Architect........................................................................................................CetraRuddy, Inc. Construction Manager.................................................................Mc Gowan Builders, Inc. Structural Engineer......................................................................................................... GACE MEP Engineer....................................................................AMA Consulting Engineers, P.C. Elevator Engineer.............................................................................................................. VDA Security.................................................................................................................Idesco Corp. Expeditor..................................................................................................... Metropolis Group
Lighting Fixtures Foundation & Floor Contractor
Congratulations to the Lincoln Square Synagogue Serving the electrical and lighting needs of the New York City metropolitan region since 1932.
IDESCO
CORP.
L.B. Electric Supply Co., Inc.
37 West 26th Street, New York, NY 10010-1097
5202 New Utrecht Avenue, Brooklyn, NY 11219
www.idesco.com
Tel.: 718-438-4700
212-889-2530 • 800-336-1383 • Fax 212-889-7033 info@idesco.com
Certified Women-Owned Business Enterprise (WBE) with New York State, New York City, PANYNJ, and NYSCA.
www.lbelectricsupply.com
Winston Consultants, Inc. is a multi disciplined construction management, consulting engineering firm, providing Project Leadership and advice on all types of renovation and new building projects in the New York Metropolitan area. With over 30 years of experience in the construction industry, having built more than 3000 projects, ranging from high end apartment renovations, to town houses, to commercial, religious and institutional structures, Winston Consultants concentrates its expertise, knowledge and guidance on the cost and scheduling aspects of its projects while maintaining quality assurance and quality control of the final product.
Winston Consultants inC. Phone: (212)832-0980 herb.weinstein@winconinc.net
18B April 23 - May13, 2013
New York City
New York Real Estate Journal
Visit the paper online nyrej.com
New York City
Visit the paper online nyrej.com
New York Real Estate Journal
Project of the Month
Structural Engineer
April 23 - May13, 2013
19B
Project Advisers/Owners Rep.
PROJ. TEAM INCLUDES WINSTON CONS., LEVIEN & CO., GACE, AMA, L.B. ELECT., IDESCO, METROPOLIS, TM TECH. AND CRESTRON
Mc Gowan Builders completes construction of new 52,000 s/f Lincoln Sq. Synagogue; designed by CetraRuddy
STRUCTURAL ENGINEERS FOR LINCOLN SQUARE SYNAGOGUE
31 West 27th Street, Sixth Floor, New York, New York PM 10001 Page t: 212 1 545 7878 NYRE Jrnl 2013_4 04-08-13 3:08
www.gace.net
Security 781-878-4540 Proof Tel: fax: 781-871-1853
IDESCO
NE NY REal EStatE JouRNal Changes
New Proof
Proof Approved
Section: from: run Date:
is pleased to
CetraRuddy designed a building that enhanced the unity of the congregation, while providing expanded space for all of the center’s daily activities ranging from prayer to classes, weddings and religious celebrations. To accommodate this, the new 52,000 s/f building features three above-grade and two below-grade rooms, as well as outdoor activity areas for educational programs and holiday use. The facility also includes a 450-person sanctuary, 6,500 s/f ballroom, 160-person Beit Midrash (House of Study). CetraRuddy designed the new synagogue to reflect the Jewish tradition and convey the heart and spirituality of its congregation. Mc Gowan Bldrs. worked closely with CetraRuddy to implement the crafted details that this complex project required, including the installation of the center’s 5,000
Winston Consultants inC.
Lincoln Sq. Synagogue’s entrance - New York, NY s/f façade, which features five ribbons sanctuary required mounting of 613 of glass that symbolize the five books lights, corresponding to the number of the Torah. Additionally, the main of commandments in the Torah, as well as a raked seating arrangement that promotes a feeling of equality and unity among congregants. Lincoln Sq. Synagogue is one of two synagogues that Mc Gowan
Photo Credit: CetraRuddy
Mc Gowan Builders Inc. has completed the new Lincoln Sq. Synagogue, the Upper West Side religious institution, located at 180 Amsterdam and West 68th St. Designed by architecture and interior design firm, CetraRuddy, the three-story synagogue has officially opened its doors and has already hosted its first major event in January. By 2006, the original Lincoln Sq. Synagogue at 200 Amsterdam and West 69th St. could no longer accommodate its growing congregation. This resulted in a land swap between the Synagogue and American Continental Properties, a development company that owned the land at 180Amsterdam. Mc Gowan Bldrs. was subsequently hired to construct the facility and was involved through the project’s completion. NEW YORK, NY
Photo Credit: CetraRuddy
consulting engineers pc
Exterior of Lincoln Sq. Synagogue - New York, NY Bldrs. has recently erected in New Mc Gowan Bldrs. also constructed York City. The company previously the award-winning Cenacle Retreat built the Hebrew Institute of River- Center and Convent in Ronkonkoma dale, a three-story Orthodox Jewish which was built using sustainable center in the Bronx that has provided construction techniques and recycled religious services for over 30 years. materials.
Lincoln Sq. Synagogue Project Team
be part of the Photo Credit: CetraRuddy
LSS team. Lincoln Sq. Synagogue’s pews - New York, NY
Owner................................................................................................ Lincoln Sq. Synagogue Owner Representative ...............................................................Winston Consultants, Inc. Owner Representative ..............................................................................Levien & Co., Inc. Architect........................................................................................................CetraRuddy, Inc. Construction Manager.................................................................Mc Gowan Builders, Inc. Structural Engineer......................................................................................................... GACE MEP Engineer....................................................................AMA Consulting Engineers, P.C. Elevator Engineer.............................................................................................................. VDA Security.................................................................................................................Idesco Corp. Expeditor..................................................................................................... Metropolis Group
Lighting Fixtures Foundation & Floor Contractor
Congratulations to the Lincoln Square Synagogue Serving the electrical and lighting needs of the New York City metropolitan region since 1932.
IDESCO
CORP.
L.B. Electric Supply Co., Inc.
37 West 26th Street, New York, NY 10010-1097
5202 New Utrecht Avenue, Brooklyn, NY 11219
www.idesco.com
Tel.: 718-438-4700
212-889-2530 • 800-336-1383 • Fax 212-889-7033 info@idesco.com
Certified Women-Owned Business Enterprise (WBE) with New York State, New York City, PANYNJ, and NYSCA.
www.lbelectricsupply.com
Winston Consultants, Inc. is a multi disciplined construction management, consulting engineering firm, providing Project Leadership and advice on all types of renovation and new building projects in the New York Metropolitan area. With over 30 years of experience in the construction industry, having built more than 3000 projects, ranging from high end apartment renovations, to town houses, to commercial, religious and institutional structures, Winston Consultants concentrates its expertise, knowledge and guidance on the cost and scheduling aspects of its projects while maintaining quality assurance and quality control of the final product.
Winston Consultants inC. Phone: (212)832-0980 herb.weinstein@winconinc.net