Madison International in talks to buy Forest City’s stake in NYC retail portfolio

Forest City Realty Trust is in advanced talks to sell its majority stake in a New York retail portfolio to fund manager Madison International Realty, according to a source familiar with the matter. Ronald Dickerman’s Madison, along with its investment partners, already controls a 49 percent stake in the portfolio, which it bought for $172.3 […]

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PWC featured on Cover of MR Management Publication: The Benefits of Community

As the executive director of Professional Women in Construction (PWC), my main priority is getting women business. PWC is a 501(c)(3) organization dedicated to promoting and supporting women in the construction industry. New York is our founding chapter, and we have three additional chapters in Connecticut, New Jersey and Washington, D.C. We have gained interest […]

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Coke Stoves For Heating concrete should be outlawed in New York City

One of the obstacles to building high rises year-round is that concrete does not dry or ‘set up’ in cold temperatures. A solution has been found in providing a heat source and ‘containing’ the heat with tarps around the perimeter of the building, as pictured here. One way to heat the concrete is with propane […]

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NAWIC Celebrates Women in Construction Week, March 5-11

The National Association of Women in Construction (NAWIC) will celebrate Women in Construction (WIC) Week March 5-11, 2017. WIC Week is the most important date on the NAWIC calendar. This week helps NAWIC advance its mission to enhance the success of women in the construction industry. Barbara Allen, LEED AP, NAWIC’s national Women in Construction […]

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NYC saw record-high spending on residential renovations in 2016

New data shows that residential renovations are up 375 percent over the past decade In 2016, Curbed presented its first ever Renovation Week, where we focused on changes of all sorts, be it a revamped home or changes to New York City cultural spaces. Obviously, we weren’t the only ones who caught the feels for […]

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Union Leaders Meet With Trump, Construction on Their Minds

At a meeting with the leaders of several construction and building trade unions, President Trump reiterated on Monday his interest in directing hundreds of billions of dollars to infrastructure investments, some of it from the federal government, union officials said. “That was the impression I was taken away with,” said Sean McGarvey, the president of […]

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Trump’s Commerce pick backs public spending on transportation

Amid concerns from rural Republicans on Wednesday, President-elect Donald Trump’s nominee to lead the Commerce Department voiced support for public investments in transportation. Wilbur Ross, who co-authored the private funding-focused infrastructure proposal that Trump floated on the campaign trail, assured senators during his confirmation hearing that the concept of using private financing was not the […]

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Trump’s tax plan isn’t even law and already it’s taken a toll on city’s affordable housing projects

The Trump administration’s plan to cut corporate taxes might be good for multinational businesses but it already is wreaking havoc on affordable housing developers who raise money for their projects through the sale of tax credits that companies use to reduce how much they owe Uncle Sam. The upshot is that New York City affordable […]

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LeFrak, Roth to head up Trump’s new infrastructure council

President-elect Donald Trump tapped longtime friends and fellow developers Steven Roth and Richard LeFrak to head up a council that will monitor national infrastructure spending. “They’re pros,” Trump told the Wall Street Journal Friday. “That’s what they do. All their lives, they build. They build under-budget, ahead of schedule.” Both Roth,who leads Vornado Realty Trust, […]

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Ryan offers picture of public-private spending in Trump’s infrastructure plan

President-elect Donald Trump’s massive infrastructure package should have $40 of private-sector spending for every $1 of public spending, according to House Speaker Paul Ryan (R-Wis.) “A great agency … has public-private partnerships. For every one dollar of federal dollars, there’s $40 of private sector spending,” Ryan said on the Charlie Rose Show. “We want to […]

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Hoping the inauguration offers hints on the Trump infrastructure plan? So are we

“America’s Infrastructure First!” Then-candidate Donald Trump didn’t sound those words quite so often as “Make America Great Again!” but the former line was high among his tools for national overhaul, and people took notice, including—maybe especially—those who build and repair bridges, roads, schools, power grids and the other systems that keep our nation humming. Which, […]

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