BUSINESS China's CCA to build luxury condo in Manhattan

BUSINESS

China's CCA to build luxury condo in Manhattan

Xinhua

15:52, July 11, 2018

Aerial image shows the Financial District in New York. [Photo/IC]

NEW YORK - Greenwich West, a 30-story luxury condominium building by China Construction America (CCA), broke pavement Tuesday in Manhattan.

Greenwich West is located at 110 Charlton Street on the west side of Manhattan's artsy Soho neighborhood just steps from the West Village, in the thriving district known as Hudson Square.

The building is developed by a joint venture led by Strategic Capital, the investment and development arm of CCA, which has been operating in the US construction market for more than 30 years.

"Greenwich West signifies Strategic Capital's first luxury condo development in New York City and we are very proud to witness construction fully underway," said Phillip Gesue, Strategic Capital's chief development officer.

"We are not only building homes for New York residents, but also creating jobs for thousands of people here," Ning Yuan, chairman and president of CCA said at the ceremony.

Founded in 1985, CCA now has about 2,000 employees, of whom 98 percent are local, according to Yuan.

"For over 30 years we have called New York our home. From roads and bridges to subways and transit centers, from schools and museums to offices and skyscrapers, we have been diligently building New York," Yuan noted. "We are grateful for the opportunity to grace its skyline and look forward to a bright future together."

CCA is a subsidiary of China State Construction Engineering Corp Ltd, one of the world's largest investment and construction groups.

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