L&B Realty, a major real estate investment manager in the United States, was seeking a tenant for a ground floor prime retail space in a high-rise residential development on an important retail corridor. The firm solicited applications from several retailers and ultimately decided on Fairway Market, a supermarket that provides an extensive selection of fresh, natural and organic products, prepared foods, specialty offerings and conventional groceries.
Founded in 1892, The Spence School is a private, all-girls K-12 institution on Manhattan’s Upper East Side with a reputation for academic excellence and a highly rigorous liberal arts program.
An opportunity developed when Spence acquired a townhouse to expand its core middle and upper school facilities. The project entailed the implementation of a three-year, phased renovation to create an overall campus environment. The final scope of work involved the development of a two-story glass connector from the existing building to the new townhouse. Located in a historic district, the project faced a series of complex approvals and logistical challenges and required careful planning and coordination to allow the school to maintain its day-to-day operations along with ongoing renovation and construction.