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161 Maiden Lane
161 Maiden Lane (also known as One Seaport, 1 Seaport, or Seaport Residences) is a 670 ft (205 m) tall residential skyscraper on hold in the Financial District of Manhattan, New York City. The building leans to the north as a result of the method used to construct its foundation. Overlooking the East River, the building topped out in September 2018. , only half of the finishes, including windows, have been installed. History Site acquisition As early as 2007, Bluerock Properties had proposed a 52-story building at 161 Maiden Lane, near the shore of the East River, in the Financial District of Lower Manhattan in New York City. The tower would have been designed by Rogers Marvel Architects. New York City's zoning regulations allowed a building of up to on the site, of which up to could be used as apartments. In 2011, Kay Development bought the site for $41.17 million. The company had planned to develop a 40-story building, the Seaborne, on the site; the building wou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manhattan
Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state of New York. Located near the southern tip of New York State, Manhattan is based in the Eastern Time Zone and constitutes both the geographical and demographic center of the Northeast megalopolis and the urban core of the New York metropolitan area, the largest metropolitan area in the world by urban landmass. Over 58 million people live within 250 miles of Manhattan, which serves as New York City’s economic and administrative center, cultural identifier, and the city’s historical birthplace. Manhattan has been described as the cultural, financial, media, and entertainment capital of the world, is considered a safe haven for global real estate investors, and hosts the United Nations headquarters. New York City is the headquarters of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mezzanine Loan
In finance, mezzanine capital is any subordinated debt or preferred equity instrument that represents a claim on a company's assets which is senior only to that of the common shares. Mezzanine financings can be structured either as debt (typically an unsecured and subordinated note) or preferred stock. Mezzanine capital is often a more expensive financing source for a company than secured debt or senior debt. The higher cost of capital associated with mezzanine financings is the result of it being an unsecured, subordinated (or junior) obligation in a company's capital structure (i.e., in the event of default, the mezzanine financing is only repaid after all senior obligations have been satisfied). Additionally, mezzanine financings, which are usually private placements, are often used by smaller companies and may involve greater overall levels of leverage than issues in the high-yield market; they thus involve additional risk. In compensation for the increased risk, mezzanine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Porte-cochère
A porte-cochère (; , late 17th century, literally 'coach gateway'; plural: porte-cochères, portes-cochères) is a doorway to a building or courtyard, "often very grand," through which vehicles can enter from the street or a covered porch-like structure at a main or secondary entrance to a building through which originally a horse and carriage and today a motor vehicle can pass to provide arriving and departing occupants protection from the elements. Portes-cochères are still found on such structures as major public buildings and hotels, providing covered access for visitors and guests arriving by motorized transport. A porte-cochère, a structure for vehicle passage, is to be distinguished from a portico, a columned porch or entry for human, rather than vehicular, traffic. History The porte-cochère was a feature of many late 18th- and 19th-century mansions and public buildings. A well-known example is at Buckingham Palace in London. A portico at the White House in Wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Valley National Bank
Valley National Bancorp, doing business as Valley Bank, is a regional bank holding company headquartered in Wayne, New Jersey, with approximately $43 billion in assets. Its principal subsidiary, Valley National Bank (also doing business as Valley Bank), currently operates over 230 branch locations in northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, and Queens, as well as Long Island, Westchester County, New York, Florida and Alabama. Valley Bank is one of the largest commercial banks headquartered in New Jersey. History Founded in 1927 as the Passaic Park Trust Company, the bank changed its name in the mid 1930s to the Bank of Passaic and Trust Company. In 1956 the Bank of Passaic and Trust Company acquired the Bank of Allwood located in Clifton, New Jersey, and changed its name to The Bank of Passaic and Clifton. The acquisition of the Bank of Wayne in 1976 created a need for a new identity to show the expanded geographic reach of the bank, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mediation
Mediation is a structured, interactive process where an impartial third party neutral assists disputing parties in resolving conflict through the use of specialized communication and negotiation techniques. All participants in mediation are encouraged to actively participate in the process. Mediation is a "party-centered" process in that it is focused primarily upon the needs, rights, and interests of the parties. The mediator uses a wide variety of techniques to guide the process in a constructive direction and to help the parties find their optimal solution. A mediator is facilitative in that she/he manages the interaction between parties and facilitates open communication. Mediation is also evaluative in that the mediator analyzes issues and relevant norms ("reality-testing"), while refraining from providing prescriptive advice to the parties (e.g., "You should do..."). Mediation, as used in law, is a form of alternative dispute resolution resolving disputes between two o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Receivership
In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in cases where a company cannot meet its financial obligations and is said to be insolvent.Philip, Ken, and Kerin Kaminski''Secured Lender'', January/February 2007, Vol. 63 Issue 1, pages 30-34,36. The receivership remedy is an equitable remedy that emerged in the English chancery courts, where receivers were appointed to protect real property. Receiverships are also a remedy of last resort in litigation involving the conduct of executive agencies that fail to comply with constitutional or statutory obligations to populations that rely on those agencies for their basic human rights. Receiverships can be broadly divided into two types: *Those related to insolvency or enforcement of a security interest. *Those where either **One is Incapable of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arup Group
Arup (officially Arup Group Limited) is a British multinational professional services firm headquartered in London which provides design, engineering, architecture, planning, and advisory services across every aspect of the built environment. The firm employs approximately 16,000 staff in over 90 offices across 35 countries around the world. Arup has participated in projects in over 160 countries. Arup was originally established in 1946 by Sir Ove Arup as ''Ove N. Arup Consulting Engineers''. Through its involvement in various high-profile projects, such as the Sydney Opera House, Arup became well known for undertaking complex and challenging projects involving the built environment. In 1970, Arup stepped down from actively leading the company, setting out the principles which have continued to guide Arup's activities since in his 'Key Speech'. The ownership of Arup is structured as a trust. The beneficiaries of the trust are Arup's employees, both past and present, who rec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
WSP Global
WSP Global Inc. is a Canadian company with American and British roots, providing management and consultancy services to the built and natural environment. It is listed on the Toronto Stock Exchange. After the purchase of New York-headquartered professional services firm Parsons Brinckerhoff in October 2014, WSP Global effectively became one of the largest professional services firms in the world, with approximately 47,000 employees in 500 offices serving in 40 countries. History Origins of WSP ''Williams Sale Partnership'' was established in 1969 in England by Chris Cole and three other partners. In 1976, it was a founding member of the Building Services Research and Information Association (BSRIA). It was first listed on the London Stock Exchange in 1987. In the 1990s, the company expanded at home and overseas forming ''WSP Asia'' in 1995, incorporating '' T P O'Sullivan and Partners'' in 1997, acquiring US practices ''Cantor Seinuk'' and ''Flack + Kurtz'' in 2000, as well a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Observer
Observer Media is an American online media company. The company was formed through several acquisitions, including acquisition of ''The New York Observer'' in 2007. Observer Media is based in Lower Manhattan, New York City, and was owned by businessman Jared Kushner until 2016, when he transferred his ownership into a family trust, through which his brother-in-law Joseph Meyer took over his former role as publisher and chairman in 2017. It currently publishes the Commercial Observer' and Observer'. As of November 2016, Observer Media announced it would no longer print the ''New York Observer''. The ''Observer'' site is a consolidation of several notable online properties, including ''The Gallerist'', ''BetaBeat'', ''NY Politicker'', and ''PolitickerNJ''. History In 2007, Jared Kushner began acquiring and merging several print and online media publications into the Observer brand, including ''The New York Observer'', ''BetaBeat'', ''Gallerist'', ''NY Politicker'', ''SCENE Magazin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Settlement (structural)
Settlement in a structure refers to the distortion or disruption of parts of a building due to * unequal compression of its foundations; * shrinkage, such as that which occurs in timber-framed buildings as the frame adjusts its moisture content; or * undue loads being applied to the building after its initial construction. Settlement should not be confused with subsidence which results from the load-bearing ground upon which a building sits reducing in level, for instance in areas of mine workings where shafts collapse underground. Some settlement is quite normal after construction has been completed, but unequal or differential settlement may cause significant problems for buildings. Traditional green oak-framed buildings are designed to settle with time as the oak seasons and warps, lime mortar rather than Portland cement is used for its elastic properties and glazing will often employ small leaded lights which can accept movement more readily than larger panes. See also * Soi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deep Foundation
A deep foundation is a type of foundation that transfers building loads to the earth farther down from the surface than a shallow foundation does to a subsurface layer or a range of depths. A pile or piling is a vertical structural element of a deep foundation, driven or drilled deep into the ground at the building site. There are many reasons that a geotechnical engineer would recommend a deep foundation over a shallow foundation, such as for a skyscraper. Some of the common reasons are very large design loads, a poor soil at shallow depth, or site constraints like property lines. There are different terms used to describe different types of deep foundations including the pile (which is analogous to a pole), the pier (which is analogous to a column), drilled shafts, and caissons. Piles are generally driven into the ground in situ; other deep foundations are typically put in place using excavation and drilling. The naming conventions may vary between engineering discip ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
