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.
Projects in USA
Overview of all our services
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Infrastructure Advisory
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.
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Project Monitoring & Lender Services
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.
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Transaction Advisory
BTY Transaction Advisory Services are designed to provide Public and Private Sector clients with market intelligence, viability analysis, and due diligence tailored to meet their investment objectives for built assets.
We provide specialist knowledge in Financial Modeling, Market Sounding, Funding Sources Review, Business Case Development, Cost/Benefit Assessment, Transaction Stage Commercial Advisory, and Post-Transaction Stage Reporting support.
We advise developers and authorities on deficiencies, facilities management, life-cycle costs, revenues, and payment deductions.
On existing assets, we conduct construction and operational due diligence for Refinancing and Secondary Market Transactions.
BTY’s team has provided Transaction Advisory Services for social infrastructure, civil, and transportation projects.
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Cost Management & Project Controls
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.
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Project Management
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.
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Condition Assessments
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.
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Claims Services & Expert Opinion
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.
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Schedule Management
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.
Our Project Experience Spans Across
Industries, Sectors and Continents
Explore Projects
Our experts have experience
in your region
- Atlanta
- Phoenix
- New York
- Los Angeles
- Seattle
- Orlando
- Tampa
- Dallas
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Chris Welsh
Director
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Chris Welsh
Director
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Emmalee Ast
Associate Director
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Chris Welsh
Director
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Brendan Kwan
Director
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Sean Salmela
Project Manager
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Padraic Kelly
Director
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Michael Cirignano
Senior Project Manager
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Michael Cirignano
Senior Project Manager
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Chris Welsh
Director