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Project Profile: Beacon Consulting on Critical Water Supply Infrastructure Project For New York City

The Catskill Aqueduct Repair & Rehabilitation Project is a $158-million water tunnel repair, cleaning, and rehabilitation project being undertaken by New York City Department of Environmental Protection (DEP). This is an important, high-profile project because the aqueduct is a critical part of New York City’s water supply system. The project, which started in late 2018, involves the rehabilitation of a 74-mile stretch of the aqueduct by cleaning the inside and repairing a number of leaks, replacing numerous valves at chambers connected to the aqueduct, and performing other structural and mechanical upgrades to ensure the proper function of the structure for many years to come...

Project Profile: Beacon Provides Surety Consulting / Construction Consulting Services for The Shed at Hudson Yards, NYC

Beacon Consulting Group was hired by a leading Surety to consult on a bond default matter related to "The Shed," a recently built, $500-million visual arts and performing arts exhibition center in New York City's Hudson Yards. The 170,000-sf facility (also knowns as The Bloomberg Building) opened just over one year ago and is the cultural centerpiece of Hudson Yards, a $25-billion-dollar development project in Manhattan, which includes massive office and residential buildings, retailers, restaurants, bars, as well as other entertainment and outdoor spaces. Ideally located at the northern end of NYC's popular elevated park / walkway, The High Line, Hudson Yards has quickly become one of New York's most popular attractions for tourists and locals...

Beacon Client Profile: GDS Development & Klövern AB Announce Topping Out of NYC Office Tower

Beacon Consulting Group has been providing independent construction loan monitoring services for a new office building construction project underway in the Chelsea neighborhood of Manhattan. In recent weeks, the project reached a significant milestone as the 12-story building's superstructure was topped out. New York City-based GDS Development is building the Class A tower in partnership with Klövern AB, one of Sweden's largest real estate companies. The project is located at the northwest corner of 7th Ave. and 28th Street, just south of Penn Station and a short distance east from the High Line and Hudson Yards...

Beacon Project Profile: Construction Defects Assessment at Residential Apartment Complex

Beacon Consulting Group has extensive experience undertaking construction defects assessments for insurance companies and sureties. One example of our experience in this area is a project we did for an insurance client which entailed claims review, construction defects assessment, and other construction consulting services related to structural issues found at a student housing / apartment complex located in Charlotte, NC. The associated project consisted of the construction of five new buildings containing a total of 189 apartments. These apartments are used primarily for student housing. During a large party in one of the units, the ceiling began to sag. As a result, it was discovered there were deficiencies in the wooden structural trusses.

Beacon Provides Bid Review Services For Battleship North Carolina Hull Repair Project

Beacon was recently hired by a leading Surety company for a very unique bid review project, related to hull repairs on a retired WWII battleship. John Yeung led the bid review project for Beacon, which is described below. The USS North Carolina is a decommissioned World War II battleship which is now a Museum Ship and a National Historic Landmark docked in Wilmington, NC. The battleship, which is more than 728 feet long and has a displacement of 36,000 tons, was built at the New York Naval Shipyard (later renamed The Brooklyn Navy Yard) between 1937 and 1941. After the U.S. was attacked by Japan at Pearl Harbor in December of 1941, the ship was activated for the war effort, first in the Atlantic and then in the Pacific, where it engaged in numerous campaigns and even survived a torpedo attack by a Japanese submarine. After Japan surrendered in 1945, the ship helped to transport American troops back to the U.S...

Project Profile: Beacon Completes Construction Loan Monitoring Project for Pestana Park Avenue Hotel in NYC

In late January of 2020, The Pestana Hotel Group opened its 100th hotel, Pestana Park Avenue. The 27-story, 96-room, 39,964-sf hotel is located on East 39th Street at the corner of Park Avenue in New York City. Pestana is Portugal's largest multi-national hotel chain, with properties located in 16 countries on four continents. Starting in late 2017, Beacon Consulting Group was retained by a leading international bank to provide construction loan monitoring services related to the project. For more than two years during the hotel's construction, Beacon's team helped the bank to keep a close eye on progress of the hotel's construction. Beacon project engineers visited the construction site on a regular basis, communicated closely with the team managing the project and provided regular "draw-down reports" to the bank...

Beacon Consulting Group Launches New Website

We are happy to announce that Beacon's new website has been launched. Some of the enhancements to the site include its mobile-friendly format, new content, more project profiles, event photo galleries, more information about Beacon's services and other resources...

Beacon Retained by Leading NYC Developer GDSNY For Construction Monitoring Project

GDSNY is a leading real estate development company based in New York City. The company's principals have experience designing and developing major commercial and residential real estate projects around the world. GDSNY has retained Beacon Consulting Group to provide independent construction monitoring services for a new 11-story, 100,000-sf, Class A office building being built at the northwest corner of 7th Avenue and 28th street in Manhattan's Chelsea neighborhood. Groundbreaking at the site, located directly across 28th street from The Fashion Institute of Technology, occurred in late October of 2019

Beacon Helps Leading Surety With Construction Consulting Assignment at Rodeo Facility in Western Tennessee

Normally, Beacon can say “This ain’t our first rodeo” when taking on a construction consulting assignment. However, this is the first time Beacon is consulting on a construction project at a rodeo stadium. The project involves providing construction consulting / surety consulting services related to a project underway at a large rodeo stadium / agricultural center located in the Memphis, TN area.