Consigli Building Group, Inc. to Acquire Lendlease’s New York and New Jersey Construction Operations

Consigli Building Group, Inc. and Lendlease, today announced they have agreed to terms under which Consigli will acquire Lendlease’s New York and New Jersey construction operations, which includes employees and projects that are associated with approximately 45 current, under contract and pre-construction projects.

Lendlease is a globally integrated real estate group headquartered in Sydney, Australia. Established in 1979, the Lendlease New York office is one of the leading providers of construction services in the New York metropolitan area with leading expertise in healthcare, life sciences, residential and mixed-use. As the builder of many iconic NYC projects, including the National September 11 Memorial & Museum, Central Park Tower, Columbia University, Jacob K. Javitz Convention Center Expansion and the American Museum of Natural History, Lendlease provides extensive knowledge and capabilities as well as a diverse portfolio in the greater New York market.

“Expanding our New York and New Jersey portfolio with the addition of Lendlease, a highly complementary business to ours, signifies our dedication to growth and excellence in this core market,” said Anthony Consigli, CEO of Consigli Construction Co., Inc. “As we leverage our combined strengths, expertise, and capabilities, we’re poised to deliver heightened value to our clients with the greater ability to tackle more complex and ambitious projects. Consigli and Lendlease have a successful and longstanding relationship working as partners on many projects, and this acquisition is a natural fit.”

“I am extremely proud of all that our team has accomplished over the last 45 years, and this transaction is a testament to our New York office’s significant track record of successfully delivering world-class projects. As we have built our relationship over the years, I have long admired Consigli’s leadership and commitment to quality, safety and customer service,” said Claire Johnston, CEO, Lendlease Americas. “As Lendlease’s global strategy is redirecting its construction and development focus more closely to Australia, I am confident that our teams, under the trusted Consigli leadership, will ensure the future success for our clients and our people.”

“The Lendlease New York and New Jersey construction teams continue to execute highly desirable construction projects, particularly in the Healthcare and Life Sciences market,” said Laura Bush, Consigli Regional Director, New York City Metro. “Our mutual dedication to fostering strong client relationships will be a cornerstone of this combination, and our highly complementary businesses and cultures will propel us forward. Consigli has been recognized as one of the best companies to work for in New York, and we are thrilled to welcome the Lendlease New York and New Jersey team to our family.”

“In combining our New York construction expertise with Consigli, we will increase our value and services we can offer clients all while continuing to deliver innovative projects for world-class hospitals, global leading pharmaceutical companies and premier New York developers,” said Steven Sommer, Executive General Manager and President, East Coast Construction, Lendlease Americas. “With this transaction, we are uniting our complimentary cultures that value creating sustainable, thriving communities for our customers and for our people.”

-This is a press release from Consigli Building Group-