The Commercial Observer: What happened to the construction industry last year? It was pretty slow, right?
Mr. Sciame: Last year, the construction industry went from what was being referred to as ‘white hot’ to ‘falling off the cliff.’ The number of projects that were in the development phase had just Read More
Location: This is a horribly anxious time to be in New York real estate, especially if you’re one of the city’s biggest builders. What keeps you up at night?
Mr. Sciame: I like to say that I sleep like a baby: I sleep for two hours and I cry for two hours. Only kidding. Read More
You thought no one could build a memorial in this town for less than half a billion dollars? Oh, yeah? Well, the much-anticipated report by builder Frank Sciame just went up on the Lower Manhattan Development Corporation’s website. It suggests that embarrassingly simple changes can shave off $285.1 million in construction costs for Read More
Oh, what joys they have to look forward to! Governor Pataki is reappointing Kevin Rampe to the Lower Manhattan Development Corporation, this time as chairman (he was the president for two years until last spring), while builder Frank Sciame has been put in charge of a “Memorial and Master Plan Design Committee” and is Read More