Category Archives: Top News Now Las Vegas

Set of U.S. Construction Outlooks Show Continued Strong Pipeline for Commercial Developers

Impending projects such as Vornado and Related's $1.6 billion expansion Penn Station at the Farley Post Office to be called Moynihan Station are putting a spring in the steps of developers and contractors.
Approaching tasks such as Vornado and Related’s$1.6 billion expansion Penn Station at the Farley Post Workplace to be called Moynihan Station are putting a spring in the actions of developers and professionals. Industry reports launched over the past couple of days, consisting of a new index launched by the U.S. Chamber of Commerce and products supplier USG Corp., reveal the strong expected performance by the U.S. business building and construction industry, together with optimism among contractors that pipelines will continue to include new projects through next year.

An overwhelming bulk of participants, 96%, surveyed for the brand-new USG + U.S. Chamber of Commerce Commercial Construction Index (CCI) is positive that profits will increase or stay steady this year. The CCI, a quarterly index designed to gauge the outlook and sentiments specifically for the business building and construction market, derived from a partnership in between the Chamber, USG and Dodge Data & & Analytics,”was born out of a have to understand the concerns that impact industrial building,” said Jennifer Scanlon, USG president and ceo.

About 40% of contractors surveyed for the CCI expect a boost in profits this year with 3% anticipating a decrease. The index steps such specific indications as building work backlogs, brand-new company pipelines, revenue forecasts, labor force issues and access to building financing.

A variety of mixed-use megaprojects are approaching vertical building and construction in urban cities across the U.S., including the planned $1.6 billion expansion of Penn Station in Manhattan; The Eleventh, a $1.25 billion project on a complete block at Manhattan’s High Line; and the $1 billion redevelopment of Chicago’s Union Station, simply among others.

In a different report, the Associated Builders and Professionals (ABC) Building Stockpile Indicator (CBI) launched June 21, reported that building stockpiles increased to 9 months during the very first quarter, up 8.1% from the 4th quarter of 2016 and up 4% on an n yearly basis.

“For the very first time in the series’ history, every category, firm size, market and area registered quarterly development in the CBI,” said ABC Chief Financial expert Anirban Basu talking about the report intended to serve as a leading construction costs sign. “Among the big winners were firms in the western U.S. and those with yearly earnings in between $30 million and $50 million. This was an excellent report.”

Basu warned that some professionals registered concern for conditions in 2019 and 2020, mentioning the already lengthy duration of the economic recovery; evidence of saturation in some CRE markets; cuts in public costs; and tightening monetary conditions.

The first quarter CBI report, nevertheless, “strongly suggests that reports of business cycle’s demise are exaggerated, at least so far,” Basu said.

On the other hand, existing numbers show industrial construction continuing at a slow however constant rate. Dodge Data & & Analytics reported separately last Wednesday that value of new building starts ticked up 1% from April to Might at a seasonally changed annual rate. Public works building and construction bounced back 30% from its subdued April quantity, assisted by the May start of four large pipeline tasks totaling a combined $3 billion, enabling the nonbuilding building sector to sign up a 23% gain in Might, offsetting modest 4% decreases for both nonresidential building and housing.

Nonresidential building grew 5% year to this day, with institutional building up 17%, commercial structure down 5% and manufacturing building down 9%.

Somewhat remarkably, offered deamnd for real estate, domestic structure was flat, with single-family housing up 8% while multifamily real estate decreased 17%, inning accordance with Dodge.

Yet another leading indicator of future building spending, the Architecture Billings Index (ABI) produced by the American Institute of Architects, posted a solid 53 in May, up from 50.9 the previous month. The AIA’s brand-new tasks inquiry index was 62.4, up from 60.2 the previous month, while the new style agreements index increased from 53.2 to 54.8.

“That the data surrounding both new job queries and design contracts have actually remained positive each month this year while reaching their highest ratings for the year is a good indication that both the architecture and construction sectors will stay healthy for the foreseeable future,” said Kermit Baker, primary financial expert with the AIA. “This growth hasn’t been an overnight escalation but rather a stable, steady boost.”

Workplace Lease Up (June 26) Conduent to Open 125,000-SF Call Center at Collection Centre in Rochester

Weekly Wrap-Up of Largest Reported Office Leases Include Deals by Intermix, Google, Capital One, WeWork and more

Conduent Corp. (NYSE: CNDT) has signed a lease to occupy 125,000 square feet within the 1.3 million-square-foot Assortment Centre at 285 Assortment Centre Pky. in Rochester, NY. The New Jersey-based organisation procedure services company and previous business services division of Xerox is moving its local call center operation to the former Macy’s store at the vacant Medley Centre Shopping center in an offer that is expected to bring more than 750 tasks to the area. Scott Burdett represented the property owner Flaum Management Co., in settlements. By Ryan Shields Intermix

Leases 80,903 SF at 111 W 33rd St. Intermix, the female garments and accessory brand of seller The Gap, signed a deal for 80,903 square feet at 111 W 33rd St in New York City. The 26-story, 743,283-square-foot residential or commercial property at Herald Square in the Garment District submarket was integrated in 1954.

Intermix will inhabit the entire 8th and ninth floorings. Eric Deutsch and Jared Freede represented Intermix. Scott Klau, Erik Harris, and Neil Rubin of Newmark Knight Frank, as in-house broker Keith

Cody, represented the proprietor. By Andrea Quach Google Broadens By 60,000 SF at 85 Tenth Ave. Multinational innovation business Google( NYSE: GOOG) has signed for another 60,000 square feet at 85 10th Ave., an 11-story structure owned by Vornado Real estate Trust( NYSE: VNO) and The Related Cos. in New york city City’s Chelsea district. Google presently occupies 180,000 square feet in the former Nabisco Factory integrated in 1913 and amounting to 632,584 square feet. The expansion in the 5th flooring will bring the total space inhabited in the building to 240,000 square feet. Jared Solomon with Vornado Real estate Trust represented the property owner in this transaction. By Noel Kane HSG Doubling Footprint in Year-End Relocate to 425 Lex. Store industrial lawsuits company Holwell Shuster & Goldberg LLP( HSG) has

subleased 59,750 square feet from AmLaw 100

law firm Simpson Thacher & Bartlett LLP( Simpson Thacher & )at 425 Lexington Ave. in New york city City, where Simpson Thacher leases nearly 595,000 square feet through 2033 &. HSG will relocate from 750 Seventh Ave. at the end of the year, taking the 12th through 14th floorings while almost doubling its footprint from 30,000 square feet. Savills Studley’s L. Craig Lemle and Nick Zarnin, helping HSG with its look for brand-new area, a process they began a complete 2 years before the company’s existing sublease was set to expire. By Justin Sumner Capital One Takes Another 56,000 SF in Chelsea. Capital One has rented an additional 56,000 square feet at 11 W 19th Street in New york city City’s Chelsea submarket. Capital One will occupy the fifth and sixth floors, adding to the 3 floors currently inhabited within the structure.

Sale Schlather of
Cushman & Wakefield represented Capital One. Brian Neugeboren and Robert Savitt of Savitt Partners LLC represented the proprietor. By Daniel Griffin WeWork to Open at One Nashville Location. Co-working and shared office provider WeWork is setting up shop at One Nashville Location in downtown Nashville. New-York City based WeWork will be inhabiting the 19th, 20th
and 22nd floorings of the 25-story glass tower at 150
Fourth Ave. North, totaling over 49,000 square feet of space in the 400,388-square-foot structure, according to CoStar Information. The share work area supplier’s lease begins in August. Thomas McDaniel of Boyle Financial investment Co. represented Atlanta-based Prim One Nashville Location LLC, the owner of the skyscraper at Fourth Opportunity and Commerce Street built in 1985. By Michael Hippchen Hensel Phelps Signs 13-Year Lease at

1600 Tysons Blvd. in McLean. Hensel Phelps, a construction company headquartered out of Greeley, CO, signed a 13-year lease for 32,439 square feet in the Tysons II office building at 1600 Tysons Blvd. in McLean, VA. The 307,604-square-foot office building was built in 2001 by Lerner Enterprises. Hensel Phelps’ new area will consist of the entire eighth flooring and 8,000 square feet on the seventh flooring. The construction business is scheduled to move into the new office in February 2018. Brian Tucker, John Dragelin, and Jessica Schuett of JLL represented the property owner in this deal. By Christian Powell Rising Pharmaceuticals Takes 30,000 SF in Saddle Brook. Rising Pharmaceuticals, a business that markets and disperses top quality and multi-source prescription pharmaceuticals, rented 29,756 square feet
of office space at 250 Pehle Ave. in Saddle Brook, NJ. Ben Brenner and Todd Efland of Cushman & Wakefield represented the renter
. Cheryl Hardt and Donald Sperling of CBRE represented the landlord. By Ladi Sanu Greencore

Signs 24,000-SF Lease at Finley Point in Downers Grove. Greencore has rented 24,031 square feet of workplace at 3333 Finley Rd. in Downers Grove, IL. The leading benefit food and sandwich provider will transfer from 10350 Argonne Dr. in Woodridge, IL to the 8th flooring of Finley Point, a 223,771-square-foot, 10-story, Class A workplace residential or commercial property completed in 1999 on

9.28 acres in rural Chicago’s Eastern East/West Passage. Adam Showalter and Daniel Svachula of Cushman & Wakefield represented the proprietor, Lone Star Funds, in settlements. By Landon Cox ViaSat Broadens Footprint in Marlborough Tech Park. ViaSat (NYSE: VSAT), an interactions business based in Carlsbad, CA, leased an extra 20,838 square feet in the office complex located at 300 Nickerson Rd. in Marlborough, MA. The 80,724-square-foot, two-story office building was constructed in 1984 within the Marlborough Innovation Park and refurbished

in 2007. It is located in the Marlborough Industrial Park. John Lashar, Alex Swan and Danielle Simbliaris of Transwestern RBJ represented the proprietor, Normandy Real Estate Partners, in settlements.

By James Lutz Sumitomo to Open Workplace at O’Hare Entrance Office Center. Sumitomo Corp., an integrated trading company locateded in Tokyo, signed a 12-year lease for 19,203 square feet in the office building at 9500 W. Bryn Mawr Ave. in Rosemont, IL. The seven-story building overalls 190,000 square feet in the O’Hare Entrance Workplace Center. It was constructed in 2000 and last offered in 2002 to MJH Corporate Center, inning accordance with CoStar details. Michael Simpson, James Ward, Daniel Svachula and Allyson Yates of Cushman & Wakefield represented the landlord, while John Conerty of Savills Studley represented the renter.

By Enid Guerrero Driasi International Indications 10-Year Workplace Lease in Mississauga. Driasi International, a supplier of service outsource issue fixing,< a href= "http://www.costar.com/News/Article/Driasi-International-Signs-10-Year-Office-Lease-in-Mississauga/191872" target=" _

blank” > signed a 10-year lease for 18,495 square feet of office at 1004 Middlegate Rd. in Mississauga, ON. The five-story building was built in 1992 and amounts to 203,384 square feet in the Middlegate campus. The home is owned and handled by Crown Real estate. Andrew Broad and Monica DiZio of Crown Real estate offered in-house representation in lease negotiations. By Nadia Mohamed ITN Holdings Broadens to 50,000 SF at 747 Third. ITN Holdings LLC has actually signed a new 15-year lease for an extra 15,100 square feet at 747 3rd Ave. in New York

City, growing its existence at the structure to 49,882 square feet. The media innovation company will now inhabit space on the 11th flooring in addition to its existing 34,782 square feet including the whole 5th and portions of the 4th and third floors there. Michael Lenchner with Sage Real estate represented the property owner in-house, while Individual retirement account Schuman and Daniel Horowitz with

Savills Studley represented ITN Holdings in its lease expansion. By Justin Sumner Keller Williams Picks Guv’s Pointe in Mason for Website of New Office. Keller Williams Peak Group( KWPG) has leased 11,500 square feet within Governor’s Pointe in Mason, OH where the full-service property brokerage company will establish a new workplace.

The business will more than double its office space with the transfer to Governor’s Pointe 4680, a 128,490-square-foot, four-story structure situated minutes from I-75, I-275 and Mason Montgomery Rd. at 4680 Parkway Dr. Chris Carey of CBRE brokered the lease for KWPG, while Scott Abernethy and Digger Daley of Cushman & Wakefield represented ownership, a joint endeavor comprised of Smith/Hallemann Partners and Harbert United States Realty Fund V. By Bryce Meyers

Coastal Markets Amongst Most Challenging for Adding New Apartment Supply; Easier in Midwest, South Markets

Bob DeWitt, NMHC chairman, outlined obstacles to apartment development in a new report.
Bob DeWitt, NMHC chairman, detailed obstacles to apartment development in a brand-new report. Following the release of its findings recently that the U.S. may require millions more home systems by 2030 if existing family development patterns continue unabated, the National House Association (NAA) and National Multifamily Housing Council (NMHC) recognized what they see as the hardest and easiest metro areas where brand-new home supply can be added.

The leading 4 most-challenging locations to include brand-new houses are all seaside markets: Honolulu, Boston, Baltimore and Miami. Somewhat surprisingly, Memphis was ranked as the fifth most challenging, inning accordance with the research study carried out by Hoyt Advisory Provider (HAS) and commissioned by the NAA and NMHC. Six California cities were likewise listed amongst the markets considered more tough to construct new apartments.

The NAA/NMHC report ranked New Orleans as the marketplace most conducive to brand-new apartment or condo advancement, followed by 4 Midwest markets: Little Rock, Kansas City, Indianapolis and St. Louis. Other southern markets also prospered, including 4 in Texas.

The research study, performed by Dr. Norm Miller, a principal at Hoyt Advisory Solutions and professor of real estate at the University of San Diego, examined and ranked 50 U.S. metro locations based on a number of factors, consisting of regional regulations and a procedure of the quantity of land readily available for multifamily development.

“For many factors, constructing apartment or condos has actually become costlier and more time-consuming than it has to be,” said Bob DeWitt, NMHC chairman. “Over the past three years, not only have difficult costs like land and (building) products increased dramatically, but regulative barriers to home construction have also increased considerably, most notably at the local level.”

DeWitt cited several elements he stated contributes obstacles to development, consisting of “outdated zoning laws, unneeded land usage constraints, approximate permitting requirements, inflated parking requirements and ecological website evaluations,” all of which discourages housing building and raises the expense of apartment or condos that are built.

The ranking, entitled the Barriers to Home Building Index, scores 50 metro locations along an index that goes up to 19.5 in the most challenging market, down to -5.9 for those thought about easiest. While realty is task specific, the report’s authors said any score above the median of 1.8 shows a market where it is harder to include new apartment or condos compared with other metros based upon the exact same criteria.

The current studies sponsored by NMHC and NAA are planned to support their Vision 2030, a set of suggestions the 2 house groups provided calling for all levels of government to lower barriers to advancement.

“While the variety of brand-new apartments constructed each year has actually been increasing, it hasn’t sufficed to meet present demand and make up for any possible deficiency at specific rate points in the years following the economic crisis,” said NAA Chair Cindy Clare, CPM. “This imbalance in between high demand and restricted supply options has owned down affordability and lowered housing alternatives for renters. Leas tend to be especially high in areas with the best barriers to new development, such as California, where there’s a substantial shortage in available land for constructing new apartment or condo houses.”


Warren Buffett Bets on Net Lease Retail

Net lease REIT Store Capital Corp. (NYSE: STOR) issued and sold 18.6 million shares of its common stock to an affiliate of Warren Buffett’s Berkshire Hathaway.

Buffett’s National Indemnity Co. paid $377 million for the stock representing a rate of $20.25 per share. Shop’s stock closed at $20.77 at the end of trading recently and its premarket opening cost this morning is up 9.2% to about $22.68/ share.

Berkshire Hathaway’s insurance coverage subsidiary now manages 9.8% of Shop’s overall shares exceptional. The REIT stated it intends to utilize the net profits to pay back debt, fund home and for working capital.

“Berkshire Hathaway’s financial investment solidly positions Store for continued growth, while adding measurably to our currently strong financial position,” said Christopher H. Volk, CEO of Scottsdale-based Shop Capital. “An investment in our company from one of history’s most admired investors represents a vote of confidence in our skilled management team and an affirmation of our profit-center real estate financial investment and management technique.”

Shop Capital is one of the largest net-lease REITs and owns a portfolio of more than 1,750 home places.

5 remarkable minutes from The Revolution’s Brooklyn Bowl show

Stokley goes “Prosperous.” Everyone in the structure depended on the job. The Revolution drew a remarkable, thrilled, generation-spanning crowd to Brooklyn Bowl on a Wednesday night (June 21). All the players did their tasks completely: Wendy on guitar, BrownMark on bass, Dr. Fink and Lisa on keys and Bobby Z. on drums. But to say something was missing out on is the mother of all understatements, which’s sort of the point. There’s no replacing Prince– there’s not even an effort at replacement, which the members of The Transformation have been extremely clear about– but a band requires a frontman (or woman).

When Stokley Williams, diva for jazzy R&B group Mint Condition, took the phase throughout the set– very first to blaze a trail on the punchy, cool 1980 gem “Prosperous”– whatever synced up, the vibe felt best and the energy was electrical. His flexible vocals and party-spiking charisma added a great jolt to the program without overwhelming the music. The Transformation picked the ideal guest star.

Straight from the vault. After an enjoyable romp through “D.M.S.R.,” the band played the unreleased, often-bootlegged pairing “Our Fate”/”Roadhouse Garden,” tracks from Prince’s mysterious vault that get an official release today on the Purple Rain reissue. Wanderer reported the initial “bones” of the songs were tape-recorded at Prince’s 26th birthday gig in the beginning Opportunity in Minneapolis in 1984, just weeks prior to the renowned album dropped. Lisa took singing responsibilities for “Our Fate, and the entire band jumped in on the more positive “Roadhouse Garden.”

“1999.” Mentioning sharing the mic, it was really cool to hear The Transformation sing the tradeoffs on “1999.” Wendy, Mark and Prince notoriously took different parts on the verses of the track from the 1982 album of the exact same name. As the story goes, Prince desired contrasting consistencies on those verses, however throughout the recording process he switched it up and separated each singer, creating much more significant contrast in the tune. Stokley took Prince’s parts Wednesday, and the crowd consumed it up, certainly among the strongest general efficiencies of the night.

“Nobody could cry the method my Tracy wept.” The Revolution’s tour has been a celebration, but one with some unfortunate moments too. When Wendy got an acoustic guitar to play the heart-wrenching “Sometimes It Snows in April”– quietly backed by Lisa– people in the crowd hushed one another so we could all absorb the emotion. Wendy decreased a couple of times, perhaps stalling to hold back tears, however avoiding the tender breakdown we witnessed when D’Angelo played the song on The Tonight Program in 2015. As lovely and touching as it was, The Transformation didn’t allow things to get too sad, introducing right into a rollicking “Let’s Go bananas.”

Much like in the films. Most likely the loudest cheer of the night followed “Purple Rain,” when the band left the stage and the audience demanded more. The Revolution returned and offered us precisely what we desired: “I Would Die 4 U” and “Child, I’m a Star,” the 2 tracks carried out at the end of the movie Purple Rain. It was ideal.

Bruno Mars, nominated for 5 honors, to open BET Awards

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Matt Sayles/ Invision/ AP Bruno Mars accepts the award for record of the year for Classy Funk at the 58th yearly Grammy Awards on Monday, Feb. 15, 2016, in Los Angeles.

Sunday, June 25, 2017|6:06 a.m.

. The “B”in BET Awards could stand for Beyonce or Bruno Mars. Both pop stars are the top nominees at Sunday’s show, where they will contend in four of the very same categories, including video of the year. …

Both pop stars are the top candidates at Sunday’s program, where they will contend in four of the exact same classifications, including video of the year.

Beyonce, who controlled last year’s show with several wins and a show-stopping efficiency, is up for 7 honors. Mars, who will open the show at the Microsoft Theater in Los Angeles, is chosen for five awards.

Beyonce’s “Sorry” and Mars’ “24K Magic” are nominated for video of the year in addition to Solange’s “Cranes In the Sky,” Migos’ “Bad and Boujee” and Huge Sean’s “Bounce Back.”

Mars and Beyonce will likewise compete for album of the year, video director of the year and the audience’s choice award.

Mars has been on an R&B experience with his newest album, “24K Magic,” which was inspired by ’90s R&B. The album’s second single, “That’s Exactly what I Like,” reached No. 1 on the R&B and pop charts, while “24K Magic” ended up being a Top 5 struck on both genre charts.

The 31-year-old singer-songwriter-producer is likewise chosen for finest male R&B/ pop artist, taking on Chris Brown, The Weeknd, Usher and Trey Songz.

Beyonce, who supposedly had her twins earlier this month though she hasn’t commented on the topic, is likewise chosen for finest female R&B/ pop artist, pitting her versus her sibling Solange, Mary J. Blige and Kehlani.

Other strong competition Sunday consist of best female hip hop artist, where rivals Nicki Minaj and Remy Ma will go head-to-head. Minaj has won the honor consecutively because 2010. Other candidates consist of Missy Elliott, Young Ma and Cardi B.

Nominees for finest male hip hop artist are Kendrick Lamar, Drake, J. Cole, Opportunity the Rapper, Future and Big Sean.

Comedian-actress Leslie Jones of “Saturday Night Live” will host the show, which is set to include performances by Blige, Brown, DJ Khaled, Lil Wayne, Maxwell, New Edition, Future, Xscape, A$ AP Rocky, French Montana, Gucci Hair and El DeBarge.

Presenters consist of Jamie Foxx, Queen Latifah, Trevor Noah, Jada Pinkett Smith, Issa Rae and Yara Shahidi. New Edition, who had success with their BET biopic this year, will receive the life time accomplishment award, while Chance the Rap artist will earn the humanitarian award.

The show will air reside on BET.

John Legend: Vocalist, songwriter, spelling bee champ

Saturday, June 24, 2017|6:09 a.m.

SPRINGFIELD, Ohio– John Legend’s work has actually won Grammys, an Oscar and a Tony, but years before accomplishing international popularity, the Legend-to-be took house another reward: spelling bee champ.

A 1989 story in The Springfield News-Sun announced, “Product of house mentor wins bee.” The paper kept in mind the future R&B singer’s sharp clothes, his consistent look and crisp enunciation, stating the 10-year-old Legend “came to win … and win he did.”

Legend, born John Roger Stephens in Springfield in 1978, credited his mom, Phyllis Stephens, and a tutor with assisting him study for the contest. He and his brother or sisters were home schooled.

The newspaper says he took a no-nonsense method, not splitting a smile during the competition till his tutor sobbed out with joy when he correctly spelled the winning word: “prejudice.”

VA Planning to Recycle or Demolish All Its Vacant Structures in 24 Months; Freeze Current Footprint

Following through on a promise from Department of Veterans Affairs Secretary Dr. David J. Shulkin, the VA announced strategies to deal with all of its uninhabited buildings over the next 24 months. If it can’t sell, re-use or otherwise dispose of the home, it plans to knock them down and clear the website for something else.

The Secretary also announced that VA will evaluate another 784 non-vacant but underutilized structures to determine if they can be sold or re-used, with the savings reinvested in veterans’ services.

” Maintaining uninhabited buildings, including near 100 from the Revolutionary War and Civil War, makes no sense and we’re working as quickly as possible to get them out of our inventory,” Dr. Shulkin said. “We will overcome the legal requirements and policies for disposal and reuse and we will do it as swiftly as possible.”

In addition to the structure closures, Dr. Shulkin revealed that the Veterans Advantages Administration is freezing its footprint and will look to optimize its area management by leasing or removing workplace nationwide. The agency prepares to execute a robust telework program and work to digitize VA claim files.

The company estimates these actions will conserve taxpayers near to $23 million every year.


Department of Veterans Affairs Secretary Dr. David J. Shulkin

Dr. Shulkin raised the vacant structure problem as a top priority in his “State of the VA” address delivered at the White Home on May 31.

Nationwide, VA currently has 430 vacant or mainly uninhabited buildings that are on average more than 60 years of ages, and cost taxpayers more than $7 million each year in upkeep and other costs. The count consists of buildings that are less than 50% occupied.

For example a 70% vacant building still has 30% of the structure being utilized for some functions, however it is still considered a “uninhabited” building.

VA evaluations have actually identified home shortages of more than $18 billion, including structural seismic, electrical circulation and mechanical systems such as heating and ventilation.

Here are the 10 biggest residential or commercial properties affected by the brand-new VA effort:

Station Call– State– Use– Overall GSF– % Vacant– Year Constructed

New Orleans– LA– Hospital– 898,651 – 88%– 1952
Pittsburgh, Highland Drive– PA– Healthcare facility– 186,814– 100%– 1953
St Louis, John Cochran– MO– Other Institutional Usages– 136,841– 100%– 1965
Milwaukee– WI– Housing– 133,730– 98%– 1869
Pittsburgh, Highland Drive– PA– Workplace– 119,275– 100%– 1953
Pittsburgh, Highland Drive– PA– Health center– 101,945– 100%– 1953
Lyons– NJ– Dormitories/Barracks– 79,400– 100%– 1940
CAVHCS, Tuskegee– AL– Dormitories/Barracks– 75,048– 52%– 1936
Northport– NY– Healthcare facility– 74,125– 100%– 1927
CAVHCS, Tuskegee– AL– Other– 73,983– 78%– 1932

Of the total of 430 structures, VA has begun disposal or reuse processes on 71. Of the staying 359 buildings, Dr. Shulkin announced VA will start disposal or reuse procedures on another 71 in the next six months, and prepares to start disposal of the last 288 vacant buildings within 24 months.