Tishman | Jotup

165 Halsey Street Kicks Off 25th Anniversary Celebration at DCD>Connect New York

Retrieved on:

Monday, March 18, 2024

Cant (language), Halsey Street, Climate, Tishman, Quality, DCD, Marriott Marquis, Nightclub

NEWARK, N.J., March 18, 2024 /PRNewswire/ -- 165 Halsey Street, a dedicated 1.2 million square foot data center/colocation/telecom carrier hotel offering affordable space, power and interconnection services, is celebrating its 25th anniversary as a premier telecom location offering colocation services and raw data center space in the New York-Newark-Jersey City metro region. The celebration will kick off at DCD>Connect | New York, a leading data center event that brings together over 1,500 senior leaders working on the largest data center projects in North America. The event takes place Mar. 18 and 19 at the Marriott Marquis in Times Square. The 165 Halsey team will be onsite at the event to speak to the building's interconnection opportunities and capacity, boasting 80 megawatts of total power with 23.5 megawatts of immediate power available and no monthly cross connect fees.

Key Points:

"We are excited to celebrate the milestone year of 25 years in the colocation business," states James Fitzgerald, Director for Tishman Real Estate Services for 165 Halsey Street.
"For a quarter of a century, 165 Halsey Street has been the go-to solution for enterprises seeking to improve connectivity and reduce latency as data demands continue to rise.
Originally 165 Halsey Street was a 1.2M sf vacant department store when it was purchased in 1996 by a well-capitalized and successful investment group.
The 165 Halsey Street/Tishman team will be available to meet onsite at DCD>Connect Visit 165Halsey.com for more information and to contact the team.

VTS Announces Accelerate 2024, the Leading Innovation Conference for Commercial Real Estate Executives

Retrieved on:

Tuesday, February 27, 2024

The premier conference will bring together more than 400 innovative executives and influential thought leaders to discuss the technologies, trends, and ideas that define modern real estate, as well as methods and tactics to best leverage intelligence to achieve success in today’s market.

Key Points:

The premier conference will bring together more than 400 innovative executives and influential thought leaders to discuss the technologies, trends, and ideas that define modern real estate, as well as methods and tactics to best leverage intelligence to achieve success in today’s market.
Accelerate 2024 will be a one-day event, featuring content including keynote presentations from distinguished guest speakers and VTS executives, VTS user-education content, and networking events.
Attendees will leave Accelerate 2024 armed with actionable tactics to help their organizations best navigate current dynamics in the market and seize opportunities.
Accelerate also will provide the opportunity to interface with product pop-ups, live demos, and a technical genius bar.

Jennifer Aument Appointed Chief Executive Officer of The New Terminal One at JFK International Airport

Retrieved on:

Monday, February 26, 2024

Cornell University, Air travel, Ferrovial, Transport, Project Labor Agreement, Gensler, Port authority, Transurban, Port, Tishman, JFK, Workforce, AECOM, Partnership

QUEENS, N.Y., Feb. 26, 2024 /PRNewswire/ -- The New Terminal One at New York John F. Kennedy International Airport today announced Jennifer Aument as its incoming CEO, set to assume the role on April 1, 2024. The New Terminal One is currently under construction with its first gates scheduled to open in 2026, in partnership with the Port Authority of New York & New Jersey, as part of the agency's $19 billion transformation of JFK Airport.

Key Points:

Aument brings over 25 years of experience in developing major infrastructure across the highway, rail, airport, and port sectors.
Her career includes executive roles in public-private partnerships and megaprojects, with a focus on safe and efficient project delivery, business performance, community engagement and customer experience.
As the President and CEO of Transurban's North American business for many years, she led the development and expansion of significant public-private infrastructure projects.
Dr. Bushell led The New Terminal One to lease and financial close amidst a global pandemic that disrupted air travel.

Endurant Energy Completes Geothermal System Installation for 555 Greenwich Street, A Milestone in NYC’s Sustainability Landscape

Retrieved on:

Thursday, February 1, 2024

Endurant Energy (Endurant) has announced the completion of the geothermal system installation at the 555 Greenwich Street development for Hudson Square Properties, a joint venture of Trinity Church Wall Street, Norges Bank, and Hines—marking a pivotal juncture in New York City’s sustainable evolution.

Key Points:

Endurant Energy (Endurant) has announced the completion of the geothermal system installation at the 555 Greenwich Street development for Hudson Square Properties, a joint venture of Trinity Church Wall Street, Norges Bank, and Hines—marking a pivotal juncture in New York City’s sustainable evolution.
"That's why we entrusted the implementation of this critical technology to Endurant, whose successful execution of the geothermal program has put 555 Greenwich at the forefront of sustainable development in commercial real estate."
The system is currently operational, and 555 Greenwich is expected to receive LEED platinum certification—joining only 10 projects awarded that status in New York State.
“Out of the many geothermal projects we’ve completed over the last 20 years, the 555 Greenwich energy foundations project is one of the most special,” said Tony Amis, Endurant’s Senior Vice President, Geothermal.

KBRA Assigns BBB- Ratings to JFK NTO LLC’s $2.0 Billion Special Facilities Revenue Bonds and Affirms Existing Ratings

Retrieved on:

Wednesday, December 6, 2023

Banking, Professional Services, Finance, CPE, DSCR, KBRA, AA, DB, GMP, Policy, LTA, PAB, Port, Outlook, Gold, Certification, Former, AFD, CFD, Element, JFK, DBO, Heathrow Terminal 2, Terminal 3, International airport, NTP, Terminal One, Atmosphere, LEED, PANYNJ, Aviation, Terminal, Silver, Tishman, Letter, Government, ESG, Airline, Commercial property, Construction, Risk management, Telescopic sight

KBRA assigns its BBB- ratings to JFK NTO LLC’s aggregate $2.0 billion special facilities revenue bonds (series 2023 bonds), and affirms the existing ratings associated with JFK NTO LLC’s senior secured facilities for Phase A of the Terminal One redevelopment project, also called New Terminal One (NTO), at New York’s John F. Kennedy International Airport (JFK).

Key Points:

KBRA assigns its BBB- ratings to JFK NTO LLC’s aggregate $2.0 billion special facilities revenue bonds (series 2023 bonds), and affirms the existing ratings associated with JFK NTO LLC’s senior secured facilities for Phase A of the Terminal One redevelopment project, also called New Terminal One (NTO), at New York’s John F. Kennedy International Airport (JFK).
Phase A of NTO will provide a 1.7 million-sf terminal with 13 widebody contact gates and one temporary widebody gate.
Under the scope of the agreement, the NTO facility will be built on the sites of the former Terminal Two and former Terminal Three.
The construction plan has been designed to minimize disruptions and allow Existing Terminal 1 to continue to operate through completion of Phase A in 2026.

KBRA Assigns BBB- Preliminary Rating to JFK NTO LLC’s $1.5 Billion Special Facilities Revenue Bonds

Retrieved on:

Thursday, November 9, 2023

Banking, Professional Services, Finance, CPE, DSCR, KBRA, DB, GMP, LTA, Port, Outlook, Gold, Terminal One, Certification, Former, AFD, CFD, Element, JFK, DBO, Heathrow Terminal 2, Terminal 3, International airport, NTP, Atmosphere, LEED, PANYNJ, Aviation, Terminal, Silver, Tishman, Letter, Government, ESG, Airline, Construction, Rail transport, Risk management, Telescopic sight

KBRA assigns its BBB- preliminary rating to JFK NTO LLC’s proposed $1.5 billion special facilities revenue bonds (series 2023 bonds) for Phase A of the Terminal One redevelopment project, also called New Terminal One (NTO), at New York’s John F. Kennedy International Airport (JFK).

Key Points:

KBRA assigns its BBB- preliminary rating to JFK NTO LLC’s proposed $1.5 billion special facilities revenue bonds (series 2023 bonds) for Phase A of the Terminal One redevelopment project, also called New Terminal One (NTO), at New York’s John F. Kennedy International Airport (JFK).
The project operates under a lease agreement through December 30, 2060, with the Port Authority of New York and New Jersey (PANYNJ).
Phase A of NTO will provide a 1.7 million-sf terminal with 13 widebody contact gates and one temporary widebody gate.
Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .

Taconic Capital Advisors Provides Tishman Speyer with a $56 Million Mezzanine Refinancing of 11 West 42nd Street on Bryant Park

Retrieved on:

Thursday, July 13, 2023

Taconic Capital Advisors LP (“Taconic”) today announced that it provided Tishman Speyer, a leading owner, developer, operator, and investment manager of first-class real estate in 33 key markets across the United States, Europe, Asia, and Latin America, with a $56.0 million mezzanine loan to facilitate the refinancing of its Class A office tower located at 11 West 42nd Street in New York City’s prestigious Bryant Park district.

Key Points:

Taconic Capital Advisors LP (“Taconic”) today announced that it provided Tishman Speyer, a leading owner, developer, operator, and investment manager of first-class real estate in 33 key markets across the United States, Europe, Asia, and Latin America, with a $56.0 million mezzanine loan to facilitate the refinancing of its Class A office tower located at 11 West 42nd Street in New York City’s prestigious Bryant Park district.
Designed by York & Sawyer and completed in 1927, 11 West 42nd Street employs an “H”-shape layout, which allows for eight corner offices per floor and brings in natural sunlight throughout the building.
“As negative sentiment in the office market persists, we continue to find nuanced, less-competitive opportunities in both private and public credit,” said Andrew Lam, Director in Taconic Capital Advisors’ Commercial Real Estate Group.
The debt proceeds, together with additional borrower equity, were used to retire the existing debt on the property and fund reserves for Tishman Speyer’s ongoing leasing program.

AECOM Tishman's Maggie Kwan Named as President of the Concrete Industry Board of New York

Retrieved on:

Tuesday, March 28, 2023

Construction, Senior, 7 World Trade Center, AECOM, American Museum of Natural History, Asian Americans, Vanderbilt, Natural history, American Museum, Times Square, Tishman, Structural engineering, American Institute, Gender, CIB, Female, Management

NEW YORK, March 27, 2023 /PRNewswire/ -- The Concrete Industry Board (CIB) of New York has elected AECOM Tishman's Maggie Kwan as its next Board President, succeeding current President Benjamin Pimentel. In this role, Kwan will advance CIB's mission, support its members and grow the organization's presence within the industry. Kwan previously served as CIB's First Vice President, a role she has held for the past two years. As Tishman's Senior Vice President, Civil and Structural Engineering, Kwan is involved in the construction of every tower project the company builds in New York.

Key Points:

As first female and Asian-American in the role, Kwan's appointment breaks new barriers in representation and gender equity
NEW YORK, March 27, 2023 /PRNewswire/ -- The Concrete Industry Board (CIB) of New York has elected AECOM Tishman's Maggie Kwan as its next Board President, succeeding current President Benjamin Pimentel.
In this role, Kwan will advance CIB's mission, support its members and grow the organization's presence within the industry.
Kwan previously served as CIB's First Vice President, a role she has held for the past two years.
As Tishman's Senior Vice President, Civil and Structural Engineering, Kwan is involved in the construction of every tower project the company builds in New York.

SL Green Celebrates the Topping Out of One Madison Avenue in Midtown South

Retrieved on:

Tuesday, December 13, 2022

NEW YORK, Dec. 13, 2022 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), New York City’s largest office landlord, together with its joint venture partners including the National Pension Service of Korea and Hines, today announced the topping out of its transformative One Madison Avenue office tower, located at the corner of 23rd Street and Madison Avenue, in Manhattan’s desirable Midtown South submarket. With construction managed by AECOM Tishman and designed by architects Kohn Pedersen Fox, the project is anticipated to be completed on-schedule in November 2023. One Madison Avenue is currently 55% leased, drawing interest from leading technology and financial service firms seeking premier office space in the heart of the city.

Key Points:

“Chef Daniel Boulud will bring an exciting new French market and his first steakhouse to One Madison.
“One Madison Avenue continues SL Green’s transformative vision of Manhattan East and once again we’re honored to be part of that transformation,” said Jay Badame, President, Construction Management, AECOM.
Chef Boulud will bring to life a European petit marché located on 23rd Street between Madison Avenue and Park Avenue South.
As of September 30, 2022, SL Green held interests in 62 buildings totaling 33.6 million square feet.

SafwayAtlantic by BrandSafway provides demolition, construction access for JPMorgan Chase HQ

Retrieved on:

Monday, December 12, 2022

Metro North, Park, JPMorgan Chase, PSF, Safety, Engineering, Maintenance, BrandSafway, AECOM, Tishman, 550 Madison Avenue, Thought, Madison, Warehouse, Demolition

Previously, AECOM Tishman selected SafwayAtlantic to provide services for the demolition of the old 52-story, 700-foot JPMorgan Chase headquarters, located at the same address.

Key Points:

Previously, AECOM Tishman selected SafwayAtlantic to provide services for the demolition of the old 52-story, 700-foot JPMorgan Chase headquarters, located at the same address.
SafwayAtlantic by BrandSafway delivers comprehensive world-class access solutions in New York, New Jersey and Chicago as well as on the West Coast.
From new construction and skyscrapers to high-rise buildings and historical renovations, SafwayAtlantic safely and efficiently provides a full range of access products and services for complex urban-area projects.
BrandSafway supports maintenance and refurbishment projects as well as new construction and expansion plans with unmatched service from expert local labor and management.