Recent News

            At the end of the first quarter of 2008, Glenman’s achievements are noteworthy, particularly our growth in the residential sector.  Our bonding limits have increased substantially, enabling us to move forward with procuring larger projects in our other divisions, specifically educational, cultural and commercial.  Despite the economic downturn of late, construction activity remains strong.  As a team, all Glenman employees can benefit from the exciting opportunities that lay ahead. 
            Residential Update:  Esther Gitlow Towers in Rockland County, a six story, 80 unit senior affordable residential building, is gearing up for a topping off celebration in late April. Seventy percent of trades are mobilized now.  Interior and MEP trades are working; estimated completion is scheduled for the end of 2008. Over in the Bronx, excavation and shoring have begun on the Post Graduate Center affordable residential housing project.  The project is scheduled for completion in the spring of next year.  Our most recent residential project award is Morris Heights, also known as Harrison Circle.  This $28 million project is a six story mixed use building located in the Bronx and will contain apartment units, medical facilities, commercial space and a parking garage.  With the foundation work ready to start and buyouts moving ahead, we expect to erect steel by the end of the second quarter.  Finally, Glenman has tentatively secured two local projects in Yonkers with The Richman Group, developer of the Hope VI Redevelopment Plan. Glenman will act as GC on the new construction of 42 units and 15 units of residential housing.  Construction is set to begin this summer; total construction cost is approximately $15 million.

            Commercial Update:  In northern Manhattan, CCNY’s School of Architecture is progressing smoothly.  This interior renovation is a high profile project and includes architecturally exposed steel and floating staircases.   We are on track for substantial completion by November of this year. In Westchester, we have begun steel erection on the Camp Smith Readiness Center in Cortland Manor.  Estimated completion is scheduled for September 2009. 

            Educational / Cultural Update:  Typically, this is the season for heavy educational bidding; our estimating department is busy competing for the suburban school projects.  Currently, our NYCSCA work includes JHS 126 and PS 90 in Brooklyn and IS 98 in the Bronx.  Construction is progressing and trades are 80% mobilized.  Most work on all three schools will finish out in time for the beginning of the 2008-2009 school year.  The NYC Department of Design and Construction awarded Glenman the Weeksville Heritage Center in Bedford Stuyvesant, New York.  This $12.4 million project encompasses new construction of a three story, two-wing building totaling 23,172 sf on a 1.5-acre site.  The center will contain multi-purpose rooms, a theatre, a library, conference rooms, educational workshops and administrative offices.  This project is a USGBC LEED certified project designed to achieve a gold rating.