Durst to Build 42nd Street Tower

The Durst Organization and Bank of America struck a deal to develop the 2.1-million-sq.-ft. Bank of America Tower at One Bryant Park on West 42nd Street in Manhattan.

The 51-story building will include a variety of conservation and environmental advances, from water conservation using rain runoff and gray water recycling, to wind turbines and co-generation of power and cooling. The building will serve as the Bank of America's headquarters, with the bank occupying one million sq. ft.

Demolition of the site is expected to begin in the spring. Occupancy is anticipated for early 2008. The architectural firm of Cook + Fox designed the building.

Plaza to Manage "Shops" Project

Plaza Construction Company was named construction manager, preconstruction services, of The Shops at Atlas Park in the Glendale section of Queens, N.Y.

In this capacity, Plaza will assist the owner with detailed scheduling and budgeting, as well as planning for the logistics of the project's construction. Plaza will also work with subcontractors to prepare bid documents. Preconstruction activities will resume in early 2004, with the full demolition of eight buildings, as well as a partial deconstruction of three others. It is expected to open in spring 2005.

The developer of the project is Seventh Avenue, LLC of New York, N.Y. The principal of the company is Nancy Lee Luk. The brick-and-stone façade building will contain 20, two-bedroom residences, including a duplex penthouse. Each floor below will contain only two apartments. Prices for most units, excluding the penthouse, will range from $725,000 to just under $1 million.

The architect is T.C. HO Architects of New York, N.Y. and HRH Construction is the construction manager.

Skanska to Manage Park Project

The New York division of Skanska USA Building Inc. has been awarded the construction management contract for Segments 6 and 7 of the Hudson River Park in Manhattan. Design and preconstruction estimating and scheduling efforts are progressing in concert with each other. Construction was scheduled to begin late in 2003. The anticipated construction value is approximately $67 million.

The Segment 6 & 7 project area involves creation of parks and park facilities along the Hudson River from 25th to 59th Street in Manhattan. It will include the construction of new pier structures, bulkhead repair, upland park areas, landscape improvements, site utilities and infrastructure. Skanska's project scope consists of preconstruction/technical services work and on-site management, supervision and contract administration.

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