Beacon News

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. Project completion is expected in 2021. The new building is being developed by GDSNY in partnership with Klövern, a Sweden-based real estate development and management company.

The boutique office building was designed in collaboration with the firm Skidmore, Owings & Merrill (SOM). It is being constructed to meet LEED silver standards. The boutique building will have ground-floor restaurant/retail space, and unique features such as natural lighting, CO2 monitoring, and landscaped outdoor terraces for tenants. For more information, visit

GDSNY has previously engaged Beacon's team for construction consulting services in New York City. Beacon has extensive experience providing construction monitoring services for banks and other stakeholders involved in construction project financing. Currently, Beacon is providing construction project monitoring services for multiple projects underway in New York City, including hotels, office towers, and residential buildings.

Image Source: (Top: Groundbreaking, Oct. 2019, Bottom: Architectural Rendering of New Building)
Image Source: (Top: Groundbreaking, Oct. 2019, Bottom: Architectural Rendering of New Building)