Project Overview: Beacon was retained by a national real estate investment fund to provide Construction Consulting services related to a large construction loan being made to a NY-based developer. The financing was being used by the developer to help fund the renovation of two adjacent apartment buildings in the exclusive SoHo area of New York City. The buildings were being completely renovated to create luxury condominiums.
As reported in previous E-news updates, Beacon Consulting Group, Inc. was selected to provide construction consulting / surety consulting services related to the completion of various construction projects at Dayton Manor, a 116-unit apartment building located in Brooklyn, NY. The apartment complex is owned by the Federal Bureau of Prisons (BOP) and provides residential housing for federal employees (and their families) who work at two correctional facilities located in Brooklyn.
The Ehrnfelt Recreation Center located in Strongsville, OH is a state-of-the art public recreation / community center managed by the city's Parks and Recreation Department. The General Contractor who had been working on the renovation of four locker rooms at the Ehrnfelt Recreation Center was recently defaulted during an interior renovation project. Thus, Beacon Constulting Group was retained by a leading Surety company to help manage the completion of the project and to also help with resolution of payment bond claims.
The NJ Motor Vehicle Commission (MVC) has a large construction project ongoing at one of its facilities in Northern NJ, consisting of a wide range of work. The Wayne, NJ MVC complex, located in a densely populated area approximately 20 miles west of New York City, is reportedly one of the NJ MVC's busiest locations, providing a wide range of services to NJ residents such as issuing vehicle registrations, administering drivers license tests (written & road test), providing vehicle inspections and many other motor-vehicle-related services.
If you will be in Washington D.C. this week for the ABA's Fidelity & Surety Committee Mid-Winter Conference, we look forward to seeing you there.
Early last year, Beacon completed a construction consulting engagement at MBTA's Assembly Station, located in Somerville, MA. The new train station is located approximately 4 miles Northwest of downtown Boston, on MBTA's Orange Line (one of MBTA's four major commuter rail lines serving the area).
At a recent business networking meeting in Manhattan, Beacon's President Dennis O'Neill had the opportunity to meet the evening's featured speaker, James P. O'Neill, Jr., the 43rd Police Commissioner of New York City.
Beacon Consulting Group, Inc. has been retained by a leading Surety company to provide construction consulting / surety consulting services related to a 5-story self storage building construction project located in the Coral Way neighborhood of Miami, Florida. When completed, the self storage facility will be approximately 17,400 SF (including the building and parking lot areas of the site).
As 2017 draws to a close, everyone here at Beacon Consulting Group, Inc. would like to sincerely thank our many valued clients and partners in the Surety, Insurance, Financial, and Construction Consulting areas. This year, we have had much to be thankful for. We consulted on, helped manage, and helped turn around a wide range of Surety & Construction Consulting projects—from a cutting-edge multi-use university building (Rutgers CCB) to high-profile mass transit / rail projects (MBTA), to roadways & bridges, parks, public housing, schools, and residential and commercial high-rise buildings.
Dealing With A Difficult Owner?
Top 5 Tips For Resolving Problems & Finding The Win-Win Solution
By James Bruno, LEED AP, PMP
Vice President, Beacon Consulting Group, Inc.
