Beacon News

Showing / Service Updates

Beacon Providing Construction Consulting Services for Multiple New Commercial and Residential High-Rise Projects in Manhattan

Beacon's NYC team is providing construction consulting services for a number of high-profile construction projects in New York City. For more than a decade, Beacon has been providing pre-construction consulting, construction-loan-monitoring and related services for banks and other entities involved in the financing of new construction projects throughout the U.S. With the construction boom in New York City in recent years, Beacon has been actively involved in loan monitoring for a number of high-rise residential, commercial and hotel building projects. Two hotel projects which Beacon has been providing loan monitoring services for in recent months are located in midtown Manhattan.

Beacon Selected For NYC Construction Monitoring Project

Beacon Consulting Group has been selected to provide construction monitoring services for a new construction project underway in Manhattan. The 22-story tower is being built in the NoMad section of NYC. Groundbreaking took place in January of 2019. The new building is being developed by GDSNY (based in NYC) in partnership with Klövern, a Sweden-based real estate development and management company.

Beacon Consulting Group Continues To Assist NYC Economic Development Corp. With Construction Consulting Services

Since mid-2016, Beacon Consulting Group has taken a lead role in providing construction project auditing services related to more than 110 change orders on NYCEDC-funded construction projects having a total value in excess of $32.6 million. As of early March, the recovery / savings value associated with Beacon's services was estimated to be in excess of $325K (and growing). These savings are related to the reduced / avoided costs which result from construction project audit change order corrections and modifications...