From the August issue: One of New York City’s largest engineering firms, WSP Flack + Kurtz, is the latest New York City real estate player to be impacted by the influx of foreign buyers. In a deal set to close this month, the Canadian engineering consultancy Genivar is slated acquire the firm’s parent company, WSP.
Founded in New York in 1969, Flack + Kurtz became part of the global WSP Group in 2001 and currently has around 300 employees here. The firm’s current New York City projects include the Barclays Center arena at Atlantic Yards and the renovation of the Javits Convention Center. [more]