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News2019-10-21T15:43:59+00:00

JV Scores Largest Construction Loan in Fort Lauderdale History

December 10th, 2019|

Madison Realty Capital provided $210 million for the development of Broward County’s first five-star project. DEC 10, 2019 By Adriana Marinescu Developers behind the first five-star project ever to rise in Broward County, Fla., have landed the largest residential construction financing in city history. Fort Partners and Merrimac Ventures secured a $210 million loan for the construction of The Four Seasons Hotel and Private Residences Fort Lauderdale, a luxury 22-story hotel and condo development underway in Fort Lauderdale, Fla. Madison Realty Capital provided the loan in the deal. The developers broke ground on the project in 2018 and completion is slated for 2021, with Coastal Construction as general contractor and Lehrer Cumming as construction manager. Architect Kobi Karp and landscape architect Fernando Wong designed the building and its surroundings, while Tara Bernerd and Martin Brudnizki will offer interior design services. Another combination of hotel and luxury residences is taking shape under the same brand in New Orleans. There, a joint venture will redevelop a vacant 33-story building into a Four Seasons Hotel and Private Residences property slated to open in [...]

Construction Growth Outpaces the Workforce

November 11th, 2019|

BY LEHRER CUMMING NOVEMBER 11, 2019 8:43 AM Several years after enduring a precipitous downturn, the construction industry is dealing with an equally ominous threat: widespread labor shortages. A serious gap exists between the upcoming demand for labor and the number of available workers with the skills needed to fill those positions. With construction spending in New York City growing faster than the labor pool, the local market is desperately trying to keep pace. “Owners are always seeking better ways of expediting the delivery of projects,” said Gavin Middleton, Chief Operating Officer at Lehrer Cumming, a growing NYC-based owner advisory firm. “But this often requires more manpower and extended shifts for an already extended labor market.” Gavin Middleton, Chief Operating Officer, Lehrer Cumming According to FMI’s 2019 Industry Outlook, total construction spending in the Mid-Atlantic region (including New York, but also New Jersey and Pennsylvania) should increase 5 percent year over year, from $153.6 billion to $161.3 billion. The trend will hold in coming years as well, with spending expected to increase at a rate of 4.5 percent [...]

Four Seasons hotel and condos to open on Fort Lauderdale beach next year

April 18th, 2019|

By David Lyons | Contact Reporter South Florida Sun Sentinel Fort Lauderdale is getting a new 22-story hotel and condo project on the beach. The luxury Four Seasons is on track to open by late next year, its developer said Wednesday. The Four Seasons Hotel and Private Residences will rise at 525 N. Fort Lauderdale Beach Blvd., with more than 50 percent of the units already sold, said Nadim Ashi, the Miami developer. Ashi’s Fort Partners also announced the hiring of Coastal Construction Group of South Florida to build the development. The structure will include 130 rooms and 90 residences that will range in size from one to four bedrooms. Each residence will have an outdoor terrace with views of the Atlantic Ocean and Intracoastal Waterway. Also included will be two restaurants, a spa, fitness center, children's recreation room and ballroom and meeting facilities. Ashi and Fort Lauderdale Mayor Dean Trantalis appeared at the Four Seasons sales gallery — at the Hilton next to the now empty Four Seasons lot — to announce the retention of Coastal as the general [...]

Lehrer, LLC, a New York-Based Construction Advisory Firm, Merges with Cumming

August 5th, 2018|

By Jessica Busch  |  jbusch@ccorpusa.com  |  Cumming today announced a merger with Lehrer, LLC, expanding the breadth and depth of the company’s expertise and enabling it to provide unmatched owner advisory services to its growing East Coast client base. The merger will combine Lehrer, LLC with Cumming’s operations in Boston, New York City, Washington, D.C., and Miami, resulting in a new Cumming division called Lehrer Cumming. The new division will focus on providing project management and related services throughout the eastern U.S. and will operate under the day-to-day leadership of Peter M. Lehrer, CEO at Lehrer, LLC. Gavin Middleton, former COO of Lehrer, LLC, and Derek Hutchison, Cumming’s EVP in New York, will serve as Executive Vice Presidents for Lehrer Cumming. Finlay Cumming, founder and CEO of Cumming, will provide overall leadership for the entire company. By joining forces, Cumming’s total head count increases to approximately 700 team members across 31 offices, and its NYC team expands to 80. “Our decision to merge with Lehrer, LLC enables us to provide the unmatched value and personalized service of a boutique company, while at the [...]

From a Convention Center’s Roof, ‘Walk-Off Vegetables’

June 5th, 2018|

The New York Times  |  By James Barron  |  June 24, 2018   Alan Steel dreams of “walk-off vegetables” the way the beleaguered subspecies known as Mets fans dreams of walk-off homers. At this moment in another season of disappointment, Mr. Steel’s dream seems more likely, although patience is required, just as it is required with the Mets. The first crop won’t be planted until 2021. Mr. Steel is planning a farm in the sky, on the roof of the extension being built at the Jacob K. Javits Convention Center on the Far West Side of Manhattan, where he is not only the principal proselytizer for urban agriculture, but also the president and chief executive. “It gives us a story,” he said, and not just a story that could lead to bookings downstairs, because these days, as he quickly pointed out, “a lot of conventions are about sustainability.” The story of rooftop farms is one that says something meaningful can be done with the last batch of unused real estate in an increasingly crowded city. Something useful. That could have important consequences for the cityscape, but seeing [...]

At Lehrer, Changes in Construction Practices Requires a Holistic Approach to Technology

April 11th, 2018|

The Architects Newspaper  |  By Robert Nieminen  |  April 5, 2018   If a company is looking to affect change in the AEC industry, where does it start? Artificial intelligence and machine learning are sexy (in a nerdy kind of way), but practical application is where the rubber meets the road, so to speak. That intersection is where Dareen Salama, director of technical services at design and construction advisory firm Lehrer, LLC, found herself upon completing her Master of Science in Civil Engineering & Construction Management from the University of Illinois Urbana-Champaign and entering the workforce. As the complexity of construction projects continues to grow due to advances in technology, Lehrer guides owners, developers and institutions through the process. “I started here in New York and realized [there’s a] divide between what is possible in terms of technology and what is really implemented in the industry,” she recalled. “So, then I took a step back and said, ‘OK, so let’s keep machine learning and artificial intelligence on the side for now and kind of focus on the practical applications that are there.’” The project [...]

Javits Center Expansion Aims to Defy Conventions

April 11th, 2018|

Engineering News-Record  |  By Tom Stabile  |  March 19, 2018 The government agency overseeing a $1.2- billion expansion of the Jacob K. Javits Convention Center on Manhattan’s far West Side took an unconventional route for a major New York City project: It bid its two-city-block-size effort as a design-build job. The atypical move almost immediately led to major program changes to the four-level truck marshalling facility that makes up half of the 1.2-million-sq-ft expansion, scrapping deeper foundations and switching the superstructure from steel to cast-in-place concrete. Those changes saved time and money compared with the original plan, while also improving key features of the overall project, which was ranks No. 5 on ENR New York’s Top Starts list (see story here). That was the whole idea, to tap into the collaborative thinking that design-build can afford, says David Thurm, executive vice president and Javits Center project lead at Lehrer, which is serving as owner’s representative for the Convention Center Development Corp. “This is a perfect example of that kind of creativity,” he says. The winning design-build team—led by Turner Construction and Lendlease, with [...]

My Summer Internship at Lehrer, LLC

August 28th, 2017|

Prior to my internship with Lehrer, LLC, I had no experience in the construction industry and very little knowledge of how it operates. Over the past three months, I’ve worked alongside several experienced Project Managers, learning a lot about this dynamic industry. This summer was nothing like an average internship – it was exciting, intriguing, and rewarding – and from the very beginning, I felt welcomed and valued by the Lehrer, LLC team. Working on-site at construction projects, I was in the midst of the excitement as concrete pours were completed, and witnessed many construction milestones being achieved. Seeing the construction take place firsthand constantly made me want to learn about the small but important details that make up a complex project. By being directly involved in the different projects, I could assist with tasks that contributed to a project’s progression and success, including FF&E packages and budget updates. Because Lehrer, LLC is a 25-person firm, I formed relationships with each team member and learned about their varied and unique backgrounds. I appreciate the collaborative atmosphere of the firm; it [...]

Lehrer, LLC Chairman & CEO Honored by UJA-Federation of New York

June 20th, 2017|

On June 13, Lehrer, LLC Chairman and CEO Peter M. Lehrer was honored by UJA-Federation of New York at the 2017 Design and Construction Cocktail Reception, held at the Yale Club. Peter has been a long-standing donor to UJA-Federation, supporting many important causes including fighting poverty, caring for the elderly and people with special needs, health and wellbeing, and strengthening the global community. While accepting this honor, Peter said, “I often think of my long career in the construction business and what’s important to me and what my legacy will look like. While there have been hundreds of projects all over the country and around the world, buildings are inert. Despite being proud of them, they don’t talk to you. The single most important legacy for me are the people I have met, the relationships formed and the impact it has had on my life and that of others.” At the reception, generous donors and friends helped to raise more than $600,000 on behalf of UJA-Federation. As the world’s leading local philanthropy, UJA-Federation’s reach extends from New York to Israel [...]

Hotel Project Would Revive Embodiment of Jet Age at Kennedy Airport

December 7th, 2016|

New York Times | By David W. Dunlap  |  December 6, 2016   In 1962, the architect Eero Saarinen’s Trans World Flight Center at Kennedy International Airport seemed poised to ascend, its 310-foot-wide concrete wings flexed in hopeful upstroke as a memorable symbol of the globe-girdling Trans World Airlines. There was just one problem. “It was functionally obsolete the day it opened,” Tyler Morse, the chief executive and managing partner of MCR Development, said. He is also an avid student of the building, an official New York City landmark, inside and out. Designed by Mr. Saarinen when the propeller-driven, triple-tailed Lockheed Constellation ruled the skies, the flight center opened at the dawn of commercial jet aviation. Its check-in and baggage-handling capacities were quickly taxed by Boeing 707 jetliners, and then simply overwhelmed by jumbo Boeing 747s. Unsympathetic expansions were made to the terminal building, called the headhouse, between 1967 and 2000. It closed in 2001, after American Airlines acquired the crippled T.W.A., and has stood largely empty ever since. For one brief shining moment, however, the flight center was an embodiment of the jet age. That is the moment Mr. Morse seeks to [...]

Rockefeller University Starts Its Expansion Over a Busy Highway

June 15th, 2016|

As part of the expansion of the Rockefeller University, a crane moved the first of several structures into place above the Franklin D. Roosevelt Drive early on Wednesday. Credit: Benjamin Norman for The New York Times  By Samantha Schmidt  |  June 15, 2016 When the Rockefeller University in Manhattan wanted to expand its campus, it bumped up against the same problem other developers in the jam-packed city face: a lack of space. Crammed hard against the Franklin D. Roosevelt Drive from 62nd Street to 68th Street on the Upper East Side, the university had limited space for new construction and no real estate was available on any edge of its property. So the university looked again to its border with the F.D.R. Drive, and building over it became the best option, said Timothy O’Connor, the executive vice president of Rockefeller. “This is the only way that the acreage of the university was going to expand,” Mr. O’Connor said. “It was the most creative approach.” The $500 million project, called the Stavros Niarchos Foundation-David Rockefeller River Campus initiative, will straddle the busy highway [...]

Dream Builders Film Screening and Q&A with Peter M. Lehrer

April 2nd, 2015|

By Kristin Svenningsen  |  April 2, 2015 On Monday, March 30th, the Paul Milstein Center for Real Estate hosted a screening of the film Dream Builders on campus, which was followed by a question and answer session with the firm’s principal, Peter Lehrer. “Peter Lehrer and Gene McGovern were well-known and highly respected innovators in construction management of large-scale projects worldwide and co-founders of Lehrer McGovern.  Their 40-minute film, Dream Builders, speaks to the making of their business, their entrepreneurial challenges and successes, their innovations in the construction management industry, the company’s impact on the industry, and the people who worked to make it the most successful construction management company of its time.” – Lehrer, LLC On Monday, March 30th, the Paul Milstein Center for Real Estate hosted a screening of the film Dream Builders on campus, which was followed by a question and answer session with the firm’s principal, Peter Lehrer.  Columbia Business School had the privilege of premiering the film in April 2010 and was fortunate enough again to have Peter back on campus to share the film and [...]

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