Construction firm opens new interiors division.To better handle and service the interior construction needs of its clients, York Hunter, a construction services firm, has officially introduced an interiors divisions. Called York Hunter Interiors (YHI YHI Holman Island, Northwest Territories, Canada (Airport Code) ), this company is a separate business unit dedicated solely to interior construction. The division is the natural outgrowth of the firm's already impressive track record, executing numerous interiors projects throughout the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of area. "For years York Hunter has done work on the interior side of the business as a value-added service A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. for existing clients, but demand for interior work has grown so much that we felt the timing was right to form an independent business group devoted exclusively to interior construction," said Ken Colao, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of York Hunter. The new entity will further York Hunter's reach in the interiors industry by providing the full range of interior construction services to Fortune 500 firms, banking and financial houses, law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
YHI will assist clients in all phases of major renovation and new construction projects. The company has the skills to assess lease terms and conditions from a builder's perspective and conduct an existing conditions survey. YHI will also review design documents for design intent, constructability, means and methods, and building code violations, and will provide conceptual budgeting, quantitative estimating, life-cycle reviews and cost-benefit analysis cost-benefit analysis In governmental planning and budgeting, the attempt to measure the social benefits of a proposed project in monetary terms and compare them with its costs. . YHI has hired 15 professionals with extensive backgrounds in the interiors industry in the past several months. The diverse backgrounds of the YHI team translate into a strong force in the interiors industry, with the ability to tackle the most challenging projects with both speed and quality. "The interiors business holds the potential for substantial growth," said Colao. "This is a recession-resistant niche, because tenants need to have spaces built for them in good times and bad. In fact, 7 percent of space turns over even when the economy is depressed. The interiors business provides a hedge against a market downturn, because tenant's must adjust their space to accommodate both expansion and downsizing (1) Converting mainframe and mini-based systems to client/server LANs. (2) To reduce equipment and associated costs by switching to a less-expensive system. (jargon) downsizing ." One of YHI's most recent accomplishments is the $8 million renovation and expansion of gallery space at the Whitney Museum of American Art Whitney Museum of American Art, in New York City, founded in 1930 by Gertrude Vanderbilt Whitney. It was an outgrowth of the Whitney Studio (1914–18), the Whitney Studio Club (1918–28), and the Whitney Studio Galleries (1928–30). . Carved out of former offices on the fifth floor, the Whitney's new galleries increase the Museum's exhibition space by 33 percent. Designed by Gluckman Mayner, the new galleries are part of the most ambitious renovation and expansion undertaken since the Marcel Breuer-designed landmark building was opened in 1966. "The project included the capture of existing roof areas to be developed into quality museum space," explained Leonard Bass, managing director for YHI. "New skylights with environmental art protection qualities were installed, and the entire expanded space is now equipped with a state-of-the-art vapor barrier A vapor barrier (or more accurately, vapor retarder) is any material, typically a plastic or foil sheet, that resists passage of moisture through wall, ceiling and floor assemblies of buildings. system to prevent humidity deterioration." Other interior assignments in the New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. area that York Hunter has recently completed or is currently working on include: the 45,000 square-foot new corporate headquarters office for the Open Society Institute, designed by Paul Segal Associates; the $30 million, two-year renovation of the New York Public Library's Library for the Performing Arts, designed by Polshek & Partners Architects; a 20,000 square-foot headquarters office for Battery Park City Authority The Hugh L. Carey Battery Park City Authority is a New York State public benefit corporation whose mission is to plan, create, co-ordinate and maintain a balanced community of commercial, residential, retail, and park space within its designated 92-acre site on the lower west side , designed by Buttrick White & Burtis; the 40,000 square-foot renovation of office space for Warner Music International at 75 Rockefeller Plaza, designed by Einhorn Yaffee Prescott; and the 280,000 square-foot renovation of the Gibraltar Building in Newark, NJ, now the home of the Robert N. Wilentz Court Complex, designed by Grad Associates. Going forward, York Hunter aims to grow its interiors volume from $12 million in 1997 to $55 million this year and $100 million next year. |
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