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

New five-star Hotel Barriere Le Fouquet planned for New York’s Tribeca

February 23rd, 2021|

By I-Chun Chen – Staff Reporter, Feb 22, 2021 Updated Feb 22, 2021, 5:47pm EST Tribeca will be the future home of the five-star Hotel Barrière Le Fouquet’s New York, the first hotel in the U.S. under the Barrière brand. Caspi Development on Tuesday announced the topping out of the hotel at 456 Greenwich St., between Desbrosses Street and Washington Street in the heart of the Tribeca North Historic District, The eight-story hotel, managed under the Groupe Barrière brand, is scheduled to open next year and will encompass 96 guest rooms and suites. The property will feature amenities such as a private spa, swimming pool, an interior courtyard, state-of-the-art screening room and board rooms. “As a flagship of the esteemed Groupe Barrière brand, the hotel will open as one of the finest hospitality destinations in New York,” Joshua Caspi, principal of Caspi Development, said in a statement. “The topping out of 456 Greenwich Street represents a culmination of six years of tireless work by all involved, and it is our aspiration that the property will serve as a beacon of [...]

New York Trying to Find Labor and Construction Volume Balance

October 27th, 2020|

BY LEHRER CUMMING OCTOBER 27, 2020 9:18 AM As the world continues to move forward with the uncertainty of the new normal and the effects of the COVID-19 pandemic, New York City is proving to be as resilient as ever. The New York building market, currently feeding off the current workload and backlog, remains on top as the largest national construction market months into this challenging time. While the current workforce seeks to find a balance with current and projected construction volume, the sectors them