JFK Airport Terminals 6 & 7 Redevelopment
New York, NY
From the local to the national stage, BTY’s Building Intelligence is engaged in delivering multi-sector real estate development and the biggest investment in infrastructure and clean energy in the history of the United States.
Our professionals provide deep local market intelligence and project management for assets in multifamily, hospitality, student housing, commercial and industrial sectors.
We also provide technical due diligence, risk management, and transaction advisory for the country’s most complex infrastructure developments in transportation, mobility, clean energy, broadband connectivity, water treatment and airports.
New York, NY
Prince George County, MD
Miami Beach, FL
New York, NY
This project includes the construction of Terminal 6 and Terminal 7 for JetBlue Airlines at JFK International Airport. It comprises the addition of larger international use gates, checking and security areas, new curb frontage, enhancements to existing AirTrain stations, and the development of terminal amenities.
The new courthouse will provide over 600,000 sf of space and will include 46 jury courtrooms and shelled space for four additional courtroom sets to accommodate future. The new courthouse will also include offices and public spaces to be occupied by the Clerk of Courts and the Law Library.
The project involves the upgrade and modernization of the university’s central heating and cooling plant and ancillary infrastructure, as well as the implementation of various energy efficiency upgrades across the campus.
Prince George County, MD
This project features the design, build, finance, and maintenance of a bundle of six schools located in various areas around Prince George County. Several existing schools will be demolished for the new build of various schools which include K-8 and Middle Schools. The new facilities will be designed to meet the LEED Silver standard and will be sized between 160,000 sf to 250,000 sf to ensure that local residents have access to key education infrastructure.
Miami Beach, FL
The project is an 8-storey, mixed-use residential and retail building located in north Miami Beach. The building will include 349 units over 605,600 sf.
Project identifying information has been excluded due to confidentiality requirements on Lender Services/ Fund Monitoring mandates in the United States.
The Project is a 66-storey mixed-use development, providing a total of 349 multi-family rental units with ground level office and retail space, all above a three-level underground parkade. There is also a separate parking garage consisting of three levels of underground parking and 12 levels of above ground parking, providing parking stalls, storage rooms, bike storage, pump room, and shower rooms.
BTY’s award-winning Infrastructure and Public-Private Partnerships Advisory Team brings global experience in complex social, civil and energy infrastructure assets.
Our Lenders’ Technical Advisory (LTA) services start during the bidding stage of Preferred Proponent selection to provide Financial Institutions comprehensive due diligence on the project’s viability. Our clear reporting enables Project Companies to address competitive pricing and provides Financial Institutions thorough review of project risks.
Through the construction phase, BTY’s LTA teams provide regular monitoring and progress reports detailing adherence to the project budget and schedule, Certification of Payments, Risk Tracking and Mitigation.
As Independent Certifiers and Independent Engineers, we provide third-party objectivity in Milestone Attestation, Compliance Reporting, Dispute Resolution and facilitate the process for achieving Substantial Completion and Final Completion Certification.
BTY’s professional are industry leaders in assessing and advising on the viability and risks of development projects, from the initial budget review to construction phase monitoring services.
Through budget, schedule and construction reviews, site visits and monthly reports, and cost-to-complete forecasts, we act as the lender’s eyes and ears on the project: monitoring progress, revenues, and approvals to flag concerns early by engaging lenders and developers to implement solutions quickly and seamlessly.
Our construction and project finance knowledge enables developers to negotiate the funding process with greater ease and present more robust projects.
We advise clients on the technical and financial viability of asset investments and transactions, providing construction and operational context for Refinancing and Secondary Market Transactions.
We advise investors on project costs for new-use conversions, long-term operation and depreciation that may affect investment outcomes.
We provide developers and authorities with expert valuation considering availability, deficiencies, facilities management and life-cycle costs and revenues, payment deductions and more.
BTY has provided Refinancing and Transaction Advisory services for hospitals, roads, bridges, power generation and distribution infrastructure, natural gas and nuclear plants, and assets involving distributed service providers.
Our Cost Management services enable more effective Cost Planning, Cost Estimating, Project Controls and Change Management of a construction project over its entire development cycle.
We provide Cost Estimates at key design stages as well as advise on constructability, escalation, contingency, cash-flow and life-cycle costs to minimize risk and maximize project value.
Our comprehensive database of materials and labour costs enables our accredited professionals to benchmark and market-test cost information based on geography, asset class, project type, cost premiums, trades availability and market conditions.
BTY’s cost professionals are accredited members of Royal Institution of Chartered Surveyors, Canadian Institute of Quantity Surveyors, United States Green Building Council and Canada Green Building Council.
We provide Owner’s Project Management and Owner’s Representative Services with complementing expertise to protect our clients’ interests while overseeing an integrated approach to delivering the project.
Our services are adaptable to fit the full range of project sizes and procurement methods, including traditional Design-Build, Construction Management and Public-Private Partnerships/AFP.
BTY’s Project Management practice gives clients access to responsive, locally experienced and a scalable pool of experts, as and when needed. We provide the best value for clients looking to augment their project team without bloating their resourcing. We also specialize in delivering distressed projects.
Our team includes Project Management Professionals, Construction Managers, Engineers, LEAN Certified experts, Scheduling and Risk Managers.
Our Property Condition Assessment (PCA) Service includes documentation preparation and review, condition survey/building review, assessment of operator repair and maintenance compliance, identification of remedial measures and a remedial cost estimate.
We prepare Reserve Fund Studies (RFS), also known as Depreciation Reports, enabling owners to optimize the service life of their real estate assets. Our experts work with strata representatives and property managers to develop financial plans to decrease or eliminate deferred maintenance.
In addition to covering all components of a PCA, our studies also provide a financial analysis and a range of funding scenarios. A review of the current Contingency Reserve Fund (CRF) account balance, CRF contributions and operating costs assess whether current funding levels are adequate to meet anticipated expenditures.
BTY provides Claims Services, Expert Opinion, formal and informal Disputes Resolution, Project Adjudication and Mediation services related to construction projects.
We offer objective and experienced analysis on projects relating to delay events, payment and claims disputes and default notices. We develop mitigation recommendations to prevent disputes from escalating into costly litigation.
For lenders and investors whose projects are not meeting the intended terms established at the outset of a loan agreement, we review the letter of engagement, inspect the project with the parties to the agreement and provide a definitive report to substantiate dispute claims.
Our in-house Construction Scheduling expertise ensure key milestones are understood and executed while maintaining the critical path. BTY’s experts are proficient in the industry’s leading software and technology solutions.
We provide the best value for clients looking to augment their project team without bloating their resourcing.
We develop a comprehensive and detailed sequence of activities, Work Breakdown Structures, regular schedule review and mitigation for delay events.
Our experience includes developing, managing, and reviewing construction schedules for a wide array of development and infrastructure assets, including residential and mixed-use real estate, airports, hospitals and complex transportation projects.