Beacon News

Beacon Providing Surety Consulting, Construction Management and Related Consulting Services for Large Residential, High-Rise Apartment Complex in Manhattan, NY

Beacon Consulting Group, Inc. is currently providing a wide range of construction-management, surety consulting and related professional services for projects at The Amersterdam Houses, a large residential housing complex located on the west side of Manhattan. The complex consists of 13 high-rise buildings managed by The New York City Housing Authority (NYCHA), the largest public housing authority in North America.

Interaudi Bank Retains Beacon Consulting Group For DCR and Construction Loan Monitoring Services

Interaudi Bank, a private bank based in New York City and Miami, Fl, recently selected Beacon Consulting Group to provide construction loan monitoring services for a $53-million residential / commercial high-rise construction project underway in Manhattan. John Yeung, a Senior Consultant at Beacon, has already provided document and cost review (DCR) services to Interaudi for this project (and others). Beacon’s DCR consulting and loan monitoring services help banks mitigate financial risk by providing an independent analysis of planned construction projects, followed by ongoing monitoring of projects during construction.

Industry News: New York City Sees Record Construction Growth & Major Infrastructure Projects Planned

Recent analyses by the New York Building Congress (NYBC) indicate record growth in New York City construction. For example, overall NYC construction spending is projected to break the $40 billion mark for the first time in history in 2016. Below are some highlights from NYCBC's reports, as well as major infrastructure and housing projects planned for New York City. The photo below shows an artist's rendering of a $4-Billion airport terminal reconstruction project planned for LaGuardia Airport which is scheduled to start in 2016.

Connect With Beacon Consulting Group on LinkedIn.com

Beacon regularly posts articles, updates and industry news items on Linked In. To view our LinkedIn company page, click on the Linked In graphic. Next, click “Follow” to keep up to date with what’s happening at Beacon. The link below also leads to the Beacon Consulting Group company page, where you will find news updates, project profiles, and industry items of interest.

Beacon Service Profile: Construction Loan Consulting / Document & Cost Review (DCR)

Beacon Consulting Group, Inc. provides valuable consulting services to banks, developers, real estate investment trusts and other parties involved in the financing of construction projects. This article focuses on one specific service: Document & Cost Review (DCR). Financial institutions and other entities who finance (or directly invest in) construction projects must mitigate their risks by doing a thorough up-front feasibility review before approving a construction loan or investment, using a trusted and experienced consulting partner, such as Beacon Consulting Group. Beacon’s DCR consulting services normally start with a review and analysis of the following information: The developer’s cost estimates, project and site plans, and other documents that can be evaluated in advance of a bank issuing a loan or an investor committing funds.

Dennis O'Neill Receives 2015 Small Business Award From The Irish Echo Newspaper

The Irish Echo's 2015 Small Business Awards honor entrepreneurs and business leaders who form the backbone of the American economy. Every year, the newspaper recognizes companies or individuals who have displayed entrepreneurial excellence and traditional Irish-American determination to make their businesses succeed. The award recognizes start-ups, as well as fast-growing companies driving the economy forward. The honorees all have in common a belief that “the customer comes first,” as well as pride in their Irish heritage. The award ceremony was held in New York City in May. Dennis O'Neill was recognized, along with a number of other honorees.