The Tamiami Trail Petroleum Brownfields Revitalization Initiative was established in 2009 to address over 500 petroleum contaminated sites along a 70 mile stretch of highway through Sarasota and Manatee counties. Through partnerships and EPA funding, environmental assessments were conducted and numerous contaminated sites were cleaned up and redeveloped. Key successes include restoring the historic Manatee River Hotel, transforming a former gas station into a community health facility, and developing a new assisted living facility on another remediated site. The initiative has leveraged over $35 million and led to many revitalization projects improving the local economy and environment.
The document provides an overview of the redevelopment of Ground Zero and Lower Manhattan after 9/11. It discusses the many delays and challenges in rebuilding at Ground Zero. Key projects like the Freedom Tower and transportation hub are just beginning construction after years of planning. Lower Manhattan has seen over 10,000 new residents move in and many new businesses opening as the area reinvented itself after 9/11.
The Federal Reserve Bank of New York has appointed Trepp as the collateral monitor for the Term Asset-Backed Securities Loan Facility (TALF) program. Trepp is a leading provider of commercial real estate finance information, analytics, and technology to the securities and investment management industry. Their extensive data coverage includes North American, European, and Asian commercial mortgage-backed securities and commercial real estate backed collateralized debt obligations. Major broker dealers, originators, commercial banks, and institutional investors rely on Trepp's suite of trading, risk management, and surveillance products.
The Tamiami Trail Petroleum Brownfields Revitalization Initiative was established in 2009 to address over 500 petroleum contaminated sites along a 70 mile stretch of highway through Sarasota and Manatee counties. Through partnerships and EPA funding, environmental assessments were conducted and numerous contaminated sites were cleaned up and redeveloped. Key successes include restoring the historic Manatee River Hotel, transforming a former gas station into a community health facility, and developing a new assisted living facility on another remediated site. The initiative has leveraged over $35 million and led to many revitalization projects improving the local economy and environment.
The document provides an overview of the redevelopment of Ground Zero and Lower Manhattan after 9/11. It discusses the many delays and challenges in rebuilding at Ground Zero. Key projects like the Freedom Tower and transportation hub are just beginning construction after years of planning. Lower Manhattan has seen over 10,000 new residents move in and many new businesses opening as the area reinvented itself after 9/11.
The Federal Reserve Bank of New York has appointed Trepp as the collateral monitor for the Term Asset-Backed Securities Loan Facility (TALF) program. Trepp is a leading provider of commercial real estate finance information, analytics, and technology to the securities and investment management industry. Their extensive data coverage includes North American, European, and Asian commercial mortgage-backed securities and commercial real estate backed collateralized debt obligations. Major broker dealers, originators, commercial banks, and institutional investors rely on Trepp's suite of trading, risk management, and surveillance products.
FirstService establishes a new global gateway in New York City by acquiring a 65% interest in Williams Real Estate, a leading full-service commercial real estate firm. The partnership will drive business to FirstService's global real estate network of 186 offices in 36 countries and enhance deal flow between Williams and other FirstService partners. Williams CEO Mark Jaccom and Executive Chairman Robert Freedman will retain the remaining 35% equity and rebrand the firm as "Williams Real Estate, a FirstService Company".
FirstService_Expands_Real_Estate_Services_Division_into_New_York[1]Barbara L. Nelson
FirstService acquires a 65% interest in GVA Williams Real Estate, expanding its global real estate services platform. GVA Williams is a leading full service commercial real estate firm in New York City that manages over 16 million square feet of property and generated $70 million in revenue last year. The acquisition makes GVA Williams, to be rebranded as Williams Real Estate, the hub of FirstService's operations in New York as it aims to better serve global clients and pursue growth opportunities. Senior management at Williams retains the remaining equity stake and decision-making authority.
FirstService_Expands_Real_Estate_Services_Division_into_New_York[1]Barbara L. Nelson
FirstService acquires a 65% interest in GVA Williams Real Estate, expanding its global real estate services platform. GVA Williams is a leading full service commercial real estate firm in New York City that manages over 16 million square feet of property and generated $70 million in revenue last year. The acquisition makes GVA Williams, to be rebranded as Williams Real Estate, the hub of FirstService's operations in New York as it aims to better serve global clients and pursue growth opportunities. Senior management at Williams retains the remaining equity stake and decision-making authority.
Trepp LLC has been selected by the Federal Reserve Bank of New York as the collateral monitor for commercial mortgage-backed securities (CMBS) as part of the Term Asset-Backed Securities Loan Facility (TALF) program. As collateral monitor, Trepp will provide valuation, modeling, analytics and reporting to assist the New York Fed in facilitating the success of the TALF program. Trepp was awarded the contract after a competitive bidding process and will work closely with the Federal Reserve Bank of New York while utilizing analytics from its subcontractor, Property and Portfolio Research.
Trepp has expanded its commercial real estate platform to include a new daily commentary service called TreppWire. TreppWire identifies potential credit events and trading ideas that may impact CMBS and CRE positions. TreppWire has gained popularity among CMBS and CRE investors as a "must read." As the leading provider of commercial real estate finance information, Trepp is well-positioned to provide unique insights into events impacting the CRE market. TreppWire covers loan, property, borrower and tenant specific changes in addition to daily pricing movements.
First Financial Network, Inc. announced the offering of a $455 million agricultural loan portfolio on behalf of the FDIC and the failed New Frontier Bank in Colorado. The performing and non-performing loans will be stratified into pools and sold through an auction process managed by First Financial Network on their online Loan Trading Platform. The company aims to procure sophisticated investors to obtain maximum value for the FDIC on the agricultural loans which are predominantly located in Colorado, Texas, and Florida and secured by dairy, feedlot, farmland and livestock assets.
Cardno provides quality control and materials testing services for construction projects of all sizes nationwide. They test construction materials to ensure contractors meet quality specifications. Cardno works with project participants throughout each phase, from planning to post-construction. Engineers provide reports to minimize issues and address material problems. Cardno has a large network of testing labs and professionals available 24/7 to help projects progress efficiently while meeting regulations. They perform thousands of material tests annually for public and private projects.
Cardno provides borehole geophysical logging services to characterize subsurface conditions for clients in industries including oil and gas, mining, environmental, geotechnical, and hydrogeology. They have a large fleet of state-of-the-art geophysical logging equipment and use logging suites tailored to each application. Logs are generated digitally and can be used immediately or stored and re-plotted later. Case studies demonstrate how their services provided critical data on groundwater flow pathways to guide remediation and on rock mass properties to plan for mine development.
ATC Associates Inc. is celebrating its 30th anniversary in 2022. The engineering and environmental consulting firm was founded in 1982 in Sioux Falls, SD and has since expanded to over 71 offices across 39 states, generating over $200 million annually with a staff of over 1,600 professionals. ATC helps clients manage environmental, occupational health and safety, and construction-related issues. The company's CEO, Bobby Toups, credits ATC's success to its principle of "people helping people" and its talented employees.
ATC Associates rose from 56th to 55th on ENR's 2012 Top 200 Environmental Firms list. ATC's environmental revenue increased nearly $10 million from 2010 to 2011, nearing $200 million total revenue last year. In March, ATC merged with Cardno LTD, an international professional services firm, making ATC part of a larger group with over 6,500 staff worldwide. When asked about ATC's success, the CEO said clients return because they can trust the professionals to listen, plan, and deliver innovative solutions to challenges. Cardno USA also ranked highly on the 2012 list.
Cardno ATC is a large environmental consulting firm that provides services such as environmental management, industrial hygiene, geotechnical engineering, construction materials testing, and environmental health and safety training. It has over 1,600 employees in 71 offices across 39 states. The document discusses Cardno ATC's wide range of services and expertise in helping clients manage environmental, health and safety issues on projects in various industries for over 30 years. It also provides an overview of the company's history and growth since it was founded in 1982.
The summary of the document is:
1) The rebuilding of Ground Zero is progressing slowly while New Orleans has made more progress in rebuilding from Hurricane Katrina despite facing greater devastation.
2) Negotiations between Larry Silverstein and the Port Authority over the redevelopment of Ground Zero have stalled again over issues like rent and insurance proceeds allocation, though some progress has been made.
3) The author argues that claims of greed against Silverstein are misplaced and that the security and construction challenges of rebuilding at Ground Zero will necessarily make it more expensive than typical buildings.
The document discusses the ongoing delays and disagreements around the redevelopment of Ground Zero. It summarizes that the Port Authority and developer Larry Silverstein have until March 14th to settle their disagreements over who will develop the site. It questions whether giving sole control of the site to Silverstein would have led to less delays. It also notes that while some projects planned before 9/11 are being completed, little progress has been made at Ground Zero nearly 5 years after the attacks.
Larry Silverstein is facing criticism for delays in rebuilding at Ground Zero, but the document argues he may be the only one actively working to complete development. While the real negotiations behind closed doors are unknown, Silverstein has tenants lined up and plans in motion. However, the Governor and Port Authority now want to remove Silverstein from parts of the project and replace him, despite development already being underway. If changes are made, Silverstein will likely sue to protect his $120 million annual lease, further delaying reconstruction. The document concludes Silverstein should be allowed to continue with the existing plans rather than making changes this late in the process.
- Green building is becoming increasingly popular in New York City, with major developers constructing environmentally sustainable commercial and residential buildings.
- Developers are realizing that green buildings make financial sense due to long-term savings on operational costs, and provide marketing benefits.
- While green building certification systems like LEED make the process of achieving points and certification challenging, major projects in NYC are achieving high levels like Silver, Gold, and the first planned Platinum rating for a building.
Eugene Giscombe, a Harlem real estate developer and owner of The Lee Building, commissioned artist Grimanesa Amoros to create a techno-art display on the building depicting Giscombe's passion for exotic animals and experiences hunting wildlife around the world. The display uses projected shadows of animal silhouettes to represent Giscombe's desire to share the wonders of nature with city dwellers. It is part of renovations to restore and transform The Lee Building that Giscombe sees as putting 125th Street "on the map."
FirstService establishes a new global gateway in New York City by acquiring a 65% interest in Williams Real Estate, a leading full-service commercial real estate firm. The partnership will drive business to FirstService's global real estate network of 186 offices in 36 countries and enhance deal flow between Williams and other FirstService partners. Williams CEO Mark Jaccom and Executive Chairman Robert Freedman will retain the remaining 35% equity and rebrand the firm as "Williams Real Estate, a FirstService Company".
FirstService_Expands_Real_Estate_Services_Division_into_New_York[1]Barbara L. Nelson
FirstService acquires a 65% interest in GVA Williams Real Estate, expanding its global real estate services platform. GVA Williams is a leading full service commercial real estate firm in New York City that manages over 16 million square feet of property and generated $70 million in revenue last year. The acquisition makes GVA Williams, to be rebranded as Williams Real Estate, the hub of FirstService's operations in New York as it aims to better serve global clients and pursue growth opportunities. Senior management at Williams retains the remaining equity stake and decision-making authority.
FirstService_Expands_Real_Estate_Services_Division_into_New_York[1]Barbara L. Nelson
FirstService acquires a 65% interest in GVA Williams Real Estate, expanding its global real estate services platform. GVA Williams is a leading full service commercial real estate firm in New York City that manages over 16 million square feet of property and generated $70 million in revenue last year. The acquisition makes GVA Williams, to be rebranded as Williams Real Estate, the hub of FirstService's operations in New York as it aims to better serve global clients and pursue growth opportunities. Senior management at Williams retains the remaining equity stake and decision-making authority.
Trepp LLC has been selected by the Federal Reserve Bank of New York as the collateral monitor for commercial mortgage-backed securities (CMBS) as part of the Term Asset-Backed Securities Loan Facility (TALF) program. As collateral monitor, Trepp will provide valuation, modeling, analytics and reporting to assist the New York Fed in facilitating the success of the TALF program. Trepp was awarded the contract after a competitive bidding process and will work closely with the Federal Reserve Bank of New York while utilizing analytics from its subcontractor, Property and Portfolio Research.
Trepp has expanded its commercial real estate platform to include a new daily commentary service called TreppWire. TreppWire identifies potential credit events and trading ideas that may impact CMBS and CRE positions. TreppWire has gained popularity among CMBS and CRE investors as a "must read." As the leading provider of commercial real estate finance information, Trepp is well-positioned to provide unique insights into events impacting the CRE market. TreppWire covers loan, property, borrower and tenant specific changes in addition to daily pricing movements.
First Financial Network, Inc. announced the offering of a $455 million agricultural loan portfolio on behalf of the FDIC and the failed New Frontier Bank in Colorado. The performing and non-performing loans will be stratified into pools and sold through an auction process managed by First Financial Network on their online Loan Trading Platform. The company aims to procure sophisticated investors to obtain maximum value for the FDIC on the agricultural loans which are predominantly located in Colorado, Texas, and Florida and secured by dairy, feedlot, farmland and livestock assets.
Cardno provides quality control and materials testing services for construction projects of all sizes nationwide. They test construction materials to ensure contractors meet quality specifications. Cardno works with project participants throughout each phase, from planning to post-construction. Engineers provide reports to minimize issues and address material problems. Cardno has a large network of testing labs and professionals available 24/7 to help projects progress efficiently while meeting regulations. They perform thousands of material tests annually for public and private projects.
Cardno provides borehole geophysical logging services to characterize subsurface conditions for clients in industries including oil and gas, mining, environmental, geotechnical, and hydrogeology. They have a large fleet of state-of-the-art geophysical logging equipment and use logging suites tailored to each application. Logs are generated digitally and can be used immediately or stored and re-plotted later. Case studies demonstrate how their services provided critical data on groundwater flow pathways to guide remediation and on rock mass properties to plan for mine development.
ATC Associates Inc. is celebrating its 30th anniversary in 2022. The engineering and environmental consulting firm was founded in 1982 in Sioux Falls, SD and has since expanded to over 71 offices across 39 states, generating over $200 million annually with a staff of over 1,600 professionals. ATC helps clients manage environmental, occupational health and safety, and construction-related issues. The company's CEO, Bobby Toups, credits ATC's success to its principle of "people helping people" and its talented employees.
ATC Associates rose from 56th to 55th on ENR's 2012 Top 200 Environmental Firms list. ATC's environmental revenue increased nearly $10 million from 2010 to 2011, nearing $200 million total revenue last year. In March, ATC merged with Cardno LTD, an international professional services firm, making ATC part of a larger group with over 6,500 staff worldwide. When asked about ATC's success, the CEO said clients return because they can trust the professionals to listen, plan, and deliver innovative solutions to challenges. Cardno USA also ranked highly on the 2012 list.
Cardno ATC is a large environmental consulting firm that provides services such as environmental management, industrial hygiene, geotechnical engineering, construction materials testing, and environmental health and safety training. It has over 1,600 employees in 71 offices across 39 states. The document discusses Cardno ATC's wide range of services and expertise in helping clients manage environmental, health and safety issues on projects in various industries for over 30 years. It also provides an overview of the company's history and growth since it was founded in 1982.
The summary of the document is:
1) The rebuilding of Ground Zero is progressing slowly while New Orleans has made more progress in rebuilding from Hurricane Katrina despite facing greater devastation.
2) Negotiations between Larry Silverstein and the Port Authority over the redevelopment of Ground Zero have stalled again over issues like rent and insurance proceeds allocation, though some progress has been made.
3) The author argues that claims of greed against Silverstein are misplaced and that the security and construction challenges of rebuilding at Ground Zero will necessarily make it more expensive than typical buildings.
The document discusses the ongoing delays and disagreements around the redevelopment of Ground Zero. It summarizes that the Port Authority and developer Larry Silverstein have until March 14th to settle their disagreements over who will develop the site. It questions whether giving sole control of the site to Silverstein would have led to less delays. It also notes that while some projects planned before 9/11 are being completed, little progress has been made at Ground Zero nearly 5 years after the attacks.
Larry Silverstein is facing criticism for delays in rebuilding at Ground Zero, but the document argues he may be the only one actively working to complete development. While the real negotiations behind closed doors are unknown, Silverstein has tenants lined up and plans in motion. However, the Governor and Port Authority now want to remove Silverstein from parts of the project and replace him, despite development already being underway. If changes are made, Silverstein will likely sue to protect his $120 million annual lease, further delaying reconstruction. The document concludes Silverstein should be allowed to continue with the existing plans rather than making changes this late in the process.
- Green building is becoming increasingly popular in New York City, with major developers constructing environmentally sustainable commercial and residential buildings.
- Developers are realizing that green buildings make financial sense due to long-term savings on operational costs, and provide marketing benefits.
- While green building certification systems like LEED make the process of achieving points and certification challenging, major projects in NYC are achieving high levels like Silver, Gold, and the first planned Platinum rating for a building.
Eugene Giscombe, a Harlem real estate developer and owner of The Lee Building, commissioned artist Grimanesa Amoros to create a techno-art display on the building depicting Giscombe's passion for exotic animals and experiences hunting wildlife around the world. The display uses projected shadows of animal silhouettes to represent Giscombe's desire to share the wonders of nature with city dwellers. It is part of renovations to restore and transform The Lee Building that Giscombe sees as putting 125th Street "on the map."