Bringing you the latest news, insights and events – from the changing NYC construction market to saving money on development projects.
Construction Risk Management Key to Ensuring Profits in Changing NYC MarketConstruction risks are compounded in overheated markets, but making money in slowing markets – with less activity and tighter margins – also requires a proactive approach to managing construction labor, budgets, scheduling, and materials issues. As the consistently-competitive New York City CRE market heads toward an expected slowdown in 2018, how can you manage construction risks in the current climate and maximize profitability into the future? Partner’s Sean Daly explains to GlobeSt.com here.
Every dollar counts in New York, the world’s most expensive construction market. During a recent high-profile project in Brooklyn, Partner was brought in mid-way through the project to help turn a bad situation around. As an alternative to a costly and invasive remediation strategy proposed by another firm, Partner proposed a faster and more effective solution with customized technology, saving the client considerable money. This combined with creative financing solutions allowed their development to continue seamlessly.
Cool by Association: Supporting Virgin Hotel ConstructionEverything Richard Branson does is cool, and while we might be more than 6 degrees away from the man himself, we feel pretty cool to be doing the construction risk management for this innovative project in Manhattan’s historic NoMad neighborhood. Slated for completion in fall 2018, the building will feature a cantilever, 38 stories, 465 rooms, 3 cellar levels, and 5 levels of retail shops.
Partner’s Site Mitigation Group has been overseeing the complex remediation of a brownfield dry cleaning site in NYC. Because this property is part of a larger commercial strip mall, reducing impact to the surrounding units of this complex has been a critical part of this project’s scope. Read more about the project here.
April 15, 2025
In this edition of Affordable Housing Updates, we tackle the funding issues that are arising due to changes in federal spending, how to optimize the green building process as the green certification world changes, and offer two project profiles that showcase how Partner may help you with your next project. Last but not least, learn about Partner's SiteLynx client portal, an intuitive platform for report ordering, delivery, and analysis.
April 10, 2025
The WAIRE Program is one of many steps California is taking to address air quality and emissions within the commercial real estate sector. For warehouse operators, compliance with this program is essential, not just to avoid penalties but to align with broader trends in sustainability and regulatory compliance.
April 10, 2025
Partner Engineering and Science, Inc. is pleased to announce the appointment of Alex Greear as Relationship Manager, bringing over five years of specialized due diligence expertise to expand our client service capabilities.
