CHA’s real estate advisory services represent one of the finest Program and Owner’s Project Management teams in New York. We provide the necessary tools and manpower to effectively manage construction and achieve our clients’ goals.
Our collaborative approach lies at the core of this journey. We understand that success relies on effective communication, transparency, and a seamless alignment of goals. Through close interaction and collaboration, we transform visions into tangible blueprints and, subsequently, into remarkable structures. At CHA, we collaborate closely with our clients, working in their best interests to provide on-time, on-budget, high-quality completion of their design and construction projects.
HOSPITALITY
Highgate Hotels, Romer Hell’s Kitchen Hotel
New York, NY • $48 Million
CHA provided owner’s representative services for the renovation of a 12-story, 300-guestroom Ridley Hotel in Manhattan.
The project consists of renovating and repositioning all guestrooms and corridors, ground floor lobby renovations, and installing a new street-facing restaurant.
Featured in Hospitality Design magazine, October 2023
photo
Highgate Hotels, Romer Hell’s Kitchen Hotel New York, NY
Highgate Hotels, Kimpton Hotel Theta
New York, NY • $48 Million
CHA provided owner’s representative services for the renovation of a 14-story, 364-guestroom Hilton Garden Inn into a Kimpton Hotel.
The project included renovating and repositioning all guestrooms and corridors, a new rooftop bar and food and beverage (F&B) outlet, ground floor lobby renovations, and installing a new lobby F&B outlet.
Named one of New York City’s best 24 hotels by TimeOut Magazine
Featured in Hospitality Design magazine, May 2024
Highgate Hotels, Kimpton Hotel Theta New York, NY
Highgate Hotels, WestHouse Hotel New York
New York, NY • $30 Million
CHA provided owner’s representative services during the preconstruction and construction phases for a project renovating the hotels’ guestrooms, terrace lounge, and lobby.
WestHouse Hotel New York is the luxury sister property to the Park Central Hotel, which CHA also oversaw the renovation of.
LaSalle Hotel Properties, Park Central Hotel
New York, NY • $90 Million
CHA provided owner’s representative services for the renovation of 934 guestrooms at the Park Central Hotel in midtown Manhattan.
The project entailed creating a hotel within a hotel, each with separate lobbies and upgraded elevators. Other aspects of the hotel renovation included new retail space, white box construction, and the relocation of a full-service kitchen.
The hotel remained open for the duration of the renovation, so careful scheduling was a crucial component of this project.
Golden Asset LLC, 501 East 74th Street
New York, NY • $90 Million
As the owner’s representative, CHA oversaw the construction of a new 20-story, 86,000 SF luxury residential tower on Manhattan’s Upper East Side.
The new building includes a fitness center, resident lounge, a large lobby, and floor-to-ceiling windows in every unit.
Carrera RS LLC/Sky Management Corporation, 505-511 East 86th Street
New York, NY • $90 Million
CHA provided owner’s representative services for the development of a premier luxury rental development comprising 105 free-market and 35 affordable units on Manhattan’s Upper East Side. Most units feature balconies and terraces, condo-quality finishes, spacious layouts with high ceilings, and a world-class amenity package.
The building is a Certified Passive House. CHA worked closely with the architect, contractor, and energy-efficient vendors to meet and maintain the rigorous requirements of the Passive House program. The new structure is one of the most energy-efficient buildings in the city.
Buildings of Excellence Award - New York State Energy Research and Development Authority (NYSERDA)
188-11 Hillside Partners, LLC, 188-11 Hillside Avenue Queens, NY • $36 Million
CHA served as the owner’s representative for design and construction of a new six-story mixed-use building.
The 125,000 SF structure features a mix of 101 market rate and affordable apartments with a two-story sub-grade parking garage and 16,750 SF of community space.
The building has a high-efficiency Variable Refrigerant Flow system for heating and cooling. The building provides multiple electric vehicle charging stations in line with Con Ed and NYSERDA energy conservation initiatives.
The Hakimian Organization, 72-01 Queens Boulevard New York, NY • $142 Million
CHA is serving as owner’s representative for design and construction of a new 12-story mixed-use building in Woodside, New York, between 72nd and 73rd Streets.
The new residential/commercial building will measure more than 375,000 SF, devoting 262,365 SF for 364 residences and 17,935 SF for commercial and retail.
The property will include underground parking for more than 225 vehicles.
LOCAL LAW 97
Complying with LL97 in Bite-sized Pieces
Although LL97 is ambitious and intimidating, our experts can provide careful analysis and detailed planning to strategically and gradually renovate a building to comply without breaking the bank in the near term. A long-term master plan will minimize the burden of decarbonizing by extending the timeline and using infrastructure replacement funds for LL97 compliance.
The path for a building to emit zero carbon by 2050 is steep, but it is a hill, not an insurmountable mountain. Taking small, practical steps toward carbon reduction will address LL97 compliance and help our city become more sustainable, creating a better future for us all.
Here’s How We Approach It
Step 1: Assess
CHA offers free assessment of existing energy consumption and projected LL97 fines through 2050, including best and worst case scenarios for a renewable electric grid.
Step 2: Model
CHA will model your building and test a variety of potential energy reduction and electrification scenarios.
Step 3: Master Plan
CHA will use model results, LL97 fines, utility costs, soft costs, and construction costs to create a decarbonization master plan that minimizes total owner expenditure through 2050.
Step 4: Implement
As a full service Owner’s Representative and Construction Manager, CHA will oversee implementation of the master plan from predevelopment through closeout.
photo courtesy of Marin Architects
In many buildings facing fines, a partial repair or upgrade of existing fossil fuel systems can be implemented to minimize or eliminate LL97 fines in the early compliance periods.
With CHA’s energy modeling and analysis, we can help building owners adopt a phased approach to gradually improve and electrify their building over a longer period of time.
CHA will help you perform limited repairs now to avoid LL97 compliance fines. Leveraging an increasingly greener grid will allow for gradual electrification of your building without costly equipment.
photo courtesy of Marin Architects
LENDER SERVICES
Working with Lenders to Minimize Construction Exposure
Trusted advice. Greater confidence.
CHA will become an extension of your team, minimizing risks, analyzing project components, uncovering unknowns, identifying milestones, and consistently communicating data that drives solid decision-making. With technology and persistence, we’ll put the power of information at your fingertips.
Due
Diligence
Identifying and mitigating construction risks before construction loan closing
Construction Monitoring
Preventing schedule and budget overruns, meeting industry quality standards
Post Construction
Tracking issuance of compliance documentation for project closeout
Document, Contract, and Budget Review
Comprehensive review of all available construction documents, permits, budgets, and contracts to identify project exposures to mitigate risks before closing.
Hard Cost Budget Analysis
Review of construction cost breakdown, available contingencies, buyout progress, and awarded contracts to determine the appropriateness of the hard cost budget.
Cost to Complete Analysis
Analysis of available construction budget for partially completed projects for change of ownership or project refinancing.
Construction Monitoring
Monthly construction visits to ensure the project is on schedule, within budget, and meets quality standards, as well as tracking construction loan disbursement.
Draw Disbursement and Funds Control
Verification of all invoices, backup documentation, and lien waivers for each draw request and check against each draw disbursement.
Permitting, Schedule, and Budget Status
Log generation and tracking, monitoring permit status, construction schedule, budget and potential owner and scope changes.
General Services
Overall Project Coordination and Management
Project Budgeting
Project Scheduling
Consultant and Contractor Selection and Coordination
Preliminary Planning and Feasibility
Project Feasibility Evaluation
Preliminary Cost Estimate
Preliminary Schedule
Project Strategy and System Review
Existing Conditions Review
Design and Construction
Documentation
Project Requirements Review
Design Team Selection
Design Review Management
Design Schedule Management
Project Budgeting
Value Engineering
Pre-Qualification of Contractors/Construction
Manager
Division of Work
Long Lead Procurement Strategies
Pre-construction Services
Constructability Reviews
Logistical Analysis
Subcontractor Selection
Contract Review
Permit Management
Milestone Schedules
Construction Services
Construction Monitoring and Project Management
Construction Schedule Monitoring/Recovery Plans
Independent Testing Coordination
Project Evaluation Reporting
Computer Technology (Project Management Systems)
Project Meeting Coordination
Quality Control
Financial Controls and Payment Review
Cash Flow Analysis
Insurance Requirement Compliance
Legal Dispute Resolutions
Coordination of Owner Supplied Furniture, Furnishings and Equipment
Monitor Contractor Safety Program
Closeout and Post-Construction
Services
Punch List Monitoring
System Commissioning Coordination
Construction Closeout Coordination
Turnover Quality Control
Facilities Management Consulting
Guidance on Facilities Survey and Database
Management
Financial Closeout
Cost Estimating Services
Master Planning
Initial Concept Review
Market Conditions & Cost Research
Life-Cycle Cost Analysis
Green & Sustainable Initiatives
Construction Options
Value Engineering & Value
Management
Reconciliation & Negotiation
Cost Management
Change Order Mitigation
Cost Management Services
Actual Cost Reports: Budget vs. Committed vs. Actual Costs
Change Order Log Tracked Against CSI
Division and Responsibility
Risk Log
Invoice Log
Payment Requisitions Compilation & Review of Lien Waivers
