Cava Construction Names Bassam Tarazi Director of Business Strategy

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Newly-created position will focus on guiding Cava’s strategic growth

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Cava Construction & Development (Cava Construction), a leading mid-size construction management company in New York City, today announced the appointment of Bassam Tarazi to the newly-created position of Director of Business Strategy. In this new role, Mr. Tarazi will drive the company’s strategic growth initiatives with a focus on recruiting high-quality construction professionals, employee engagement and external communications.

Cava Construction is a market leader in building new, out-of-the-ground high-rise construction projects in New York City and in multi-level renovations in existing buildings, with more than $200 million in projected revenues for 2015. Over the past decade the company has built more than one million square feet of new commercial and residential high-rise space, specializing in hospitality and multi-tenant buildings.

“Over the past three years we have seen the market for new construction and complex renovations grow significantly, which has created many new and incremental opportunities for our company,” said Peter Serpico, Chief Executive Officer of Cava Construction. “As we are carefully managing our growth and positioning the firm to take strategic advantage of the current marketplace, bringing on someone of Bassam’s caliber and experience to lead that process is a natural step for us.”

Mr. Tarazi will oversee Cava Construction’s marketing and sales activities, evaluating and responding to new opportunities that fit with the company’s strategic objectives for growth and expansion of its capabilities. He will also lead the company’s recruitment and onboarding of new talent and will advise on the internal employee training and growth initiatives.

“Bassam has been recognized for his innovative ideas, relationship-building skills and developing highly motivated and effective teams,” said Mr. Serpico. “As part of our leadership team, Bassam will play an integral role in helping us ensure that our communication, leadership and innovation channels stay vibrant, clear and free-flowing. Bassam provides the grease to the turbines that drive our ship.”

Prior to joining Cava Construction, Mr. Tarazi was previously Director of Operations at OmniBuild, a construction management firm focused on commercial/hospitality renovation and unique infrastructure improvement projects, which is now fully-integrated into Cava Construction. During his career, he has worked on multi-million dollar LEED projects and conducted full-scale energy audits for large financial firms and entertainment companies.

In addition to his work in the construction field, Mr. Tarazi founded Colipera, a life coaching and motivational consulting firm serving corporate and individual clients. Mr. Tarazi began his career as a Civilian Nuclear Engineer for the U.S. Navy in Pearl Harbor, where he worked on mechanical systems in the reactor plants of Los Angeles class nuclear submarines. He holds a B.S. in Mechanical Engineering from Rensselaer Polytechnic Institute, LEED AP and Carbon Reduction Management Certification and a Green MBA from the San Francisco Institute of Architecture.

“I am excited to be part of a company with such a unique character among construction management firms,” said Tarazi. “Cava Construction has a truly visionary leadership, and a great team of sage and savvy veterans who have seen it all, as well as a crop of energetic young professionals who bring with them a new angle of technological expertise and problem solving skills. We are poised, as one collaborative team, to grow intelligently while capitalizing on the sustained construction boom in the New York City area.”

Bassam Tarazi can be reached at btarazi(at)cavaconstruction(dot)com.

About Cava Construction & Development

Cava Construction & Development (Cava Construction) is a leading mid-size construction management company in New York City. Founded in 1994, the company specializes in high-rise residential and commercial projects, with a specialty in hospitality and hotel construction in Manhattan. Through its fully-integrated OmniBuild brand, Cava Construction manages commercial/hospitality renovation work and unique infrastructure improvement projects. Over the last 12 years, Cava Construction has built more than 8,500 vertical feet of new construction in the New York area, and current employs more than 100 full-time team members.

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Bryant Madden
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