News
PECKAR ON CONSTRUCTION; BRONX'S BANKNOTE
March 24, 2009
| After over three decades in the industry, Peckar & Abramson construction attorney Bob Peckar has seen NYC's ups and downs. In the '70s, the city was short on funds; in the early '90s, it was the private sector. Now, during our visit to his 41 Madison office, he tells us both are watching their wallets. |
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| "Buildings are dying on the vine," he says. Forget $500M mega-developments; banks have trouble syndicating loans. Another trend: the intrusion of non-union builders and developers. Their projects may seem cheaper, but ultimately they don't know how to work in NYC like unions do, Bob say. He's working with the Building Trades Employers Association as General Counsel to encourage cooperation between unions and construction managers to achieve significant savings to compete with non-union contractors. |
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| Bob (with partners Steve n Charney and Paul Monte) says younger partners are taking business to new heights. Although he's not retiring soon, Bob's taking the time to enjoy his art passion (the Rutgers art history major paints, and frequents museums, with wife Maxine) and spend time with his two granddaughters. He's also just returned from a vacation to Thailand, Burma, and Laos. |
