Transwestern, a Houston-based firm that has only operated a New York office for two years has been tapped by The Metropolitan Transportation Authority (MTA) to manage a portfolio totaling 2 million square feet, The Commercial Observer has learned.
The portfolio includes the MTA’s New York City transit headquarters at 2 Broadway, the Metro-North Railroad operations center at 525 North Broadway in White Plains and the Jamaica control center in Jamaica, Queens.
NYU’s Center for Urban Science and Progress will temporarily lease 26,000 square feet of space from Forest City Ratner at Downtown Brooklyn’s Metrotech Center, where it will host its inaugural class of 50 students this fall.
Construction has begun on the space at 1 Metrotech as the school awaits the completion of its new home at nearby 370 Jay Street, slated for completion in 2017.
The Metrotech space will include 83 offices and workstations for faculty and staff; collaborative spaces at the corners of the building; and at least three labs, according to NYU.
Apparently it takes a lot longer to sign a development contract when construction is only theoretical, compared with when shovels are ready to hit the ground.
For the second time in three months, and the fourth time in a year and a half, the anticipated contract for the Related Companies to develop the Read More