This month's Construction Cost Case Study features a senior housing project located in Raleigh, NC. To view the full details of the project including specifications, cost synopsis and cost distribution, download the document below.
Download Full Construction Cost Case Study


42 Trinity Place will be a 500' tall, 40-story mixed use residential condominium/school building in the Financial District of Manhattan, New York, which includes the incorporation of the historic Robert and Anne Dickey House located at the south end of the site.  The first eight floors of the building will house a 476-seat elementary school and prime retail space, while 90 luxury residential units will occupy the floors above.  42 Trinity Place is targeting LEED Silver certification upon completion. 

The Project’s amenities include retail space, gym, bicycle storage, terrace with dog run, dog spa, lounge, and shared roof decks. 

42 Trinity Place is being developed by Trinity Place Holdings, with FXFowle Architects, LLP as the Architect of Record and Gilbane Residential Construction, LLC as the construction manager. Construction began August 2017 and is expected to be completed November 2020.

CBRE was retained to provide construction risk management services for the construction, including cost control, review of contract drawings and specifications, as well as review of construction documents, schedules, permits, and approvals. While under construction, CBRE is providing payment requisition review and approval services, schedule conformance review, and confirming general compliance of construction with the project documents.

For questions regarding Construction Risk Management, please contact:

Robert W. Barone, R.A., LEED AP
Senior Managing Director
+1 914 467 6913

CBRE's Assessment & Consulting Services (ACS) provides a full suite of real estate consulting services - including property condition and environmental site assessments, facility assessment consulting, construction risk management and telecom advisory services.

As part of the Valuation & Advisory Services practice, ACS offers clients the ability to bundle appraisal, assessment and consulting services, making CBRE the only one-stop shop for providing all due-diligence services in-house.  Our services include:
  • Construction Risk Management
  • Property Condition Assessments
  • Environmental Site Assessments
  • Facility Assessment Consultative Solutions
  • Seismic Risk Assessments
  • Zoning Compliance
  • Telecom Advisory Services
  • Financial Reporting
  • Appraisals
  • Specialty Valuation Services

For more information on CBRE's Assessment & Consulting Services, please contact:
Jason Lind

Executive Vice President
+1 310 420 8423
Amanda Horan

Vice President
+1 312 888 5310
Nikki Boatwright

Senior Vice President
+1 415 420 6687
Jeff Manas

Senior Vice President
+1 571 308 5639
Nathan Sorensen

Senior Vice President
+1 832 229 3370 
Letizia Rubino

Senior Vice President
+1 917 717 2870

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© 2021 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. Any projections, opinions, or estimates are subject to uncertainty. The information may not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk.

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