Made in New York Coming to Fashion and Film Industries

Feb 15, 17 Made in New York Coming to Fashion and Film Industries

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Sunset Park is slated to become the home of a new “Made in NY” campus as $136 million is dedicated to a facelift of an old Brooklyn warehouse. New York City Mayor Bill de Blasio announced his ambitious plan to construct a city-run complex that will rent out space to television and movie makers and companies in the fashion industry. The project is predicting the addition of 1,500 new, permanent jobs by the year 2020 with salaries in the $55,000 vicinity. In order to construct the site about 800 temporary jobs have been created. The building of the campus is part of de Blasio’s overall goal of creating 100,000 new jobs in the city by the year 2026. The warehouse, known as Bush Terminal, is composed of two existing buildings which will be revamped to provide 200,000 square feet of garment manufacturing space, a brand new 100,000 square foot film and TV production studio, pedestrian-friendly streets, and a new plaza area. Representatives for the mayor’s office said that the project will be meeting the needs of both the fashion and film industry, which have already declared their need for affordable space in which to grow and add...

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New York Based Stabilis Capital to Take Over Chicago Hotel

Jan 25, 17 New York Based Stabilis Capital to Take Over Chicago Hotel

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As several companies either shutter, file for bankruptcy or downsize, Chicago is bracing for the loss of about 600 jobs. But within this situation, Stabilis Capital is trying to keep the jobs at the hotel where it has recently claimed ownership. The New York-based investor, Stabilis Capital Management, will be taking over ownership of the Inn of Chicago. The hotel foreclosed and was purchased by Stabilis. In January, 2015 Stabilis took over ownership of Broad Street Commons, a 397-bed dormitory that serves the State University of New York, Plattsburgh campus. Trunk Club, a company based in Chicago, is closing its Goose Island, Chicago, distribution center resulting in the loss of about 250 jobs. Trunk Club is owned by Nordstrom that ships hand-picked clothing and accessories to their customers. David Barton Gym, an upscale health club in River North which counts celebrities among its members closed right before Christmas, leaving 57 people unemployed. The gym is owned and run by Club Ventures, which is liquidating and has already filed for Chapter 7 bankruptcy. According to Elliot Mallen, a representative of the union that represents hotel workers, said he doubts there will be any actual layoffs at the hotel Stabilis is taking over. The workers should be able to retain their jobs as the Inn of Chicago’s ownership is transferred to Stabilis. And this is certainly good news for those in the area hoping to keep their jobs, as Stabilis Capital of New York is coming through for...

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Brooklyn Brewery to Remain in Williamsburg

Jan 22, 17 Brooklyn Brewery to Remain in Williamsburg

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Thirty years ago Brooklyn Brewery was just getting started, and the neighborhood it was located in, Williamsburg, was an industrial area perfect for the start-up. Over the years the Brewery grew to such an extent that about 3,000-4,000 visitors from all over the world come on pilgrimage to visit the facility and Brooklyn Brewery’s beer is sold in 30 countries. But the neighborhood has changed, too, making the owners question whether they should move to a more suitable location. Williamsburg has been gentrifying. Zoning changes have allowed apartment buildings, hotels, and a bowling alley that does double duty as a concert hall, to spring up all around. Feeling the squeeze of higher rent, the owners of the brewery decided to move to Brooklyn’s upcoming Navy Yard. The Navy Yard offered Brooklyn Brewery a smaller space in a building which is being fitted out as a center for food manufacturing. The owners thought about taking their 115 full-time employees to the new location, and even opening a restaurant on the roof of the building. But when the brewery’s landlords asked if they would like to extend their lease, which is expiring in 2015, the company decided to re-think the move. Steve Hindy, one of the founders of the company, and the top executives said they preferred to stay put, because in Williamsburg “people know we’re here.” City officials agree with Hindy. They said that they were ready to help the Brooklyn Brewery makes a new home in the Navy Yard, they would prefer if it remain in the old neighborhood as an industrial anchor. “I want to see manufacturers thriving not only in our assets like the Navy Yard, but across the city,” said Alicia Glen, deputy mayor for housing and economic development. “From where I sit, keeping the brewery at its home in Williamsburg would be a coup, and it means the Navy Yard can use its scarce space to grow the next multimillion-dollar Brooklyn...

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New York’s Passive Houses

Jan 02, 17 New York’s Passive Houses

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The passive house standard was established less than a decade ago in Germany by the Passivhaus Institut.  Given the advantages to the environment and energy bills it provides, it soon spread to other parts of the world including the New York area.  As such, it gave various professionals in the industry (including Rocco Basile of Avo Construction, and Stephen Lynch of Caliper Studio among others) a greener way to build, while maintaining top quality standards. Having such a positive impact on so many aspects involved in building construction, the “sweeping green-building initiative” is also being greatly lauded by Mayor Bill de Blasio.  He is seeking to reduce greenhouse gas emissions by 80 percent by the year 2050 and using this type of construction is a huge step in the right direction. Avo Construction –launched in 2011 by Rocco Basile – built Brooklyn’s 210 Pacific Street using this method.  In Cobble Hill, this unit was designed and developed by NAVA Companies (offering both half-floor and full-floor units containing three and four bedrooms).  It features induction cooktops, solar thermal hot water systems, and various other green elements. The way the passive house works is through the use of a system exchanging interior and exterior air (such as an energy recovery ventilator) along with an airtight building envelope.  With the units in New York, there is the need for both heating and cooling systems but these are much smaller than standard ones, generating far less greenhouse gas emissions and keeping energy bills down. According to the Passivhaus Institut, units using this method require around a quarter of the energy using in a home that is powered with regular energy.  Other benefits with the model are much quieter interiors due to very thick, insulated walls as well as cleaner and fresher air because of the filters used in energy recovery ventilators.  Furthermore, these filters can actually help eradicate asthmatic systems and other related-allergies. Basile and Avo Construction have always sought to employ the most qualified experts to build...

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Montauk Colony – Living the Dream

Dec 14, 16 Montauk Colony – Living the Dream

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If you want to own a piece of property in Montauk or you’re hoping to find a rental, you have many options. There are many real estate agents who can help you to find the right property for your needs. After all, if you’re investing your time and money in a property, you want it to be the right property for you. Here are a few suggestions to get you started. Speak to friends who already own property in the Montauk Colony area. Which realtor did they use? Were they happy with the experience that they had? Why have they chosen to live in the area where they live? The Montauk Colony collection is a unique location at the very tip of Long Island. As you think about a property it’s important to consider the climate and location. Do you want a property that is closer to town so you can walk and feel like you are part of the area? Or would you prefer one that is on a cliff and that offers a far-away feel of isolation? As you look at properties, make sure to ask questions about the insulation, heating costs, leaks and other winter related questions. Consider your purpose as you look at properties. Are you looking for a place that will be a summer home and an occasional location for family get-togethers? Or are you hoping to settle in the Montauk Colony area? Do you want a property that includes grounds and are you willing to do the upkeep on those grounds? Or would you prefer something smaller that will provide you with a place to get away, but with less headaches to do so? There are many real estate agencies that are ready to help you with your search. A few of the names in the area include classically large companies like Century 21 LLC. There are a number of real estate agencies, as well, that are unique to the area and specialize in this lovely location. These...

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BookCourt Closing After 35 Years in Brooklyn

Dec 12, 16 BookCourt Closing After 35 Years in Brooklyn

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To the dismay of many a Cobble Hill denizen, BookCourt, a key literary presence in the gentrifying neighborhood, is closing on December 31st, 2016. The store has been through a lot over the years since it opened on Court Street in 1981 by then-married couple Henry M. Zook and Mary B. Gannett. Despite setbacks like the opening of a Barnes & Noble down the street in 1999; the rise of Amazon as an on-line purveyor of books; the slowdown in booksales in general; the store continued to flourish, becoming one of the country’s premier booksellers. The store even survived the owner’s own marriage. So what went wrong? Really nothing but the march of time, say Zook and Gannett. Now that they are in their 60s, the feel the time has come for them to retire. “We know the store will be missed, and we are very proud of what we accomplished,” they said in a statement. They explained the lasting power of the store because they had “invested in the neighborhood and the real estate which housed the bookstore.” The store was a magnet for the literary minded. It hosted many famous authors for readings, lectures and talks of all kinds. Some of the more well-known among the visitors were Junot Díaz, Megan Abbott and Don DeLillo. But the less well-known were welcome, too. The store became a base for the growing writing community in Brooklyn, and was a starting point for many newcomers to the profession. Emma Straub, the novelist, did her first reading at BookCourt in 2009. It was around the same time she began working as a bookseller. She even sold from the store copies of a small-run novella she wrote at the time. “Lots of people I sold them to were editors that then bid on my novel later,” Ms. Straub, 36, said. Straub and her husband considered taking over BookCourt from Zook and Gannett, “but that didn’t work out,” she said. They are instead going to open their own...

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