Case Study: 25 Bond Street

25 Bond Street

Goldman Properties had begun construction at 25 Bond Street, an eight-story, loft-style building of luxury condominiums, situated on a cobblestoned street in Manhattan’s NOHO area.

The building had several complex design influences including a hand-hammered Jerusalem limestone exterior, a distinguished10-foot Venetian bronze tilt and slide glass window system façade, Italian Luondi doors, and other unique high-end finishes.

Challenge: Taking Over A Project Where The Foundation Was Laid by A Previous Contractor

Lou and his team first became involved in the project as a joint venture with another project management firm. With his years of field management experience, Lou was a natural to handle the field operations, and quickly put his Project Manager and back office team in place to handle the pre-construction process.

Before long, however, the Goldman team realized that things with the project management company were not working out as planned, and they asked Lou to run the entire project as the Construction Manager.

Although the foundation had already been started, the original contractor left the site excavated with the base mat slab in place.

Solution: Applied Construction Management Expertise

Experience has taught us that the construction process is dynamic and subject to abrupt, unexpected changes—such as having the contractor leave in the middle of the project. We also learned that the best way to handle these changes is through intelligent logistical planning, effective resource management, clear communications, and the development of reasonable action plans.

Working side-by-side with the Goldman management team, Lou and his staff assessed the situation, developed a new plan of action, and quickly brought the project under control. Daily site inspections and weekly reviews kept the project on schedule, while maintaining the high quality that the building required.

Result: An Award-Winning Project

The project was completed to the first-class standards that its designers had envisioned—from the building’s superstructure and shell to the high-end interior finishes and details. In fact, 25 Bond Street won the prestigious AIA Multi-Family Dwelling Award for 2007, an honor that Lou and his team are quite proud of, to this day. “Being a part of turning this amazingly well thought-out concept into reality has been a highlight of my career as a New York builder,” says Lou.

In addition, Lou has developed a trusted relationship with the Goldman Properties team and continues to do work for the company.