Clients/Owner: Forest City Ratner Companies

Services Provided: Cost Estimating, Cost Management

Completion: 2010

8 Spruce Street (formally Beekman Tower)

New York, NY

This project involved being retained by Forest City Ratner Companies to serve as independent cost consultant for cost management services during design development for a new 76-story, titanium-clad, 1.2 million-sf, mixed-use development designed by Frank Gehry Partners. Design development included one retail floor; a five-floor NYC School Construction Authority school; one floor of a New York University facility; residential rental and luxury condominium apartments; and a 2-story underground parking garage. Services included a full range of cost estimate preparation at each design milestone; costing of various design alternates; value engineering; allocation of the project costs among building users; participation in project meetings; and estimate reconciliations with the construction manager.

The 867-foot tower with stainless-steel curtain wall is the city’s tallest residential building. The tower will include a public school for grades pre-K through 8; an ambulatory care center for NY Downtown Hospital, retail space, and public plazas.