A partnership of two developers is taking on New York City’s high land costs and room oversupply by fashioning two new buildings into micro-hotels. Seth Schumer and Oleg Pavlov’s two hotels under their new hospitality firm, Arlo, will have a combined 575 rooms of up to 165 square feet each. Read the Bloomberg story here
Skanska completes Portsmouth Marine Terminal offshore wind upgrade
Skanska has completed the redevelopment project for the Virginia Port Authority, upgrading 72 acres of Portsmouth Marine Terminal (PMT) and 1,500 feet of wharf that now serves as an offshore wind staging