New York real estaters met at NYU’s Schack Institute on Wednesday morning for a brief breakfast forum on construction ethics. While the mafia wasn’t represented—possibly because of the mass arrests last month—their presence could’ve gone a long way to help filling up the empty seats.
“Here at New York University we’re trying to instill Read More
Across the city, hundreds of hammers are poised midair. Many believe that development will be frozen for years to come. But while the sight of New York City’s 600 stalled construction projects is difficult to ignore, those deep inside the industry say signs of a new boom are beginning to appear.
“It seems that there’s Read More
Only days before the streets of Cairo spilled over with anti-government protestors, Richard Anderson and his wife were nearing the tail end of a vacation in the Egyptian metropolis. With unrest already unspooling across Tunisia 800 miles to the west, the couple wondered aloud if something similar could happen in Egypt-and yet they Read More
Ask most New Yorkers how they feel about the acres of construction scaffolding encircling the city’s buildings, and they will respond with contempt. Short of keeping construction debris and rain off our heads, their main job is to annoy. Scaffolding blocks out the sun and the beautiful architecture. It makes jaywalking and tourist-passing all the Read More
Rents are up. Subleases are down. The city, fairing better than most during the recession, appears well on its way to recovery, even if it will be a slow one. One sector that has yet to feel the pick up, though, is the construction industry, and it remains in a precarious position.
According to the Read More
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Ever since construction on 1 World Trade Center surpassed street level and began its skyward march to 1,776 feet, complaints about the tower have (almost) entirely subsided. Despite all the work that took place underground on the 16-acre site, no one seemed convinced all the acrimony of the past few years would ever Read More
All is not well in the construction industry.
The New York Building Congress is out today with a new report showing that the second quarter of the year was the worst for the industry in years, registering just $2.5 billion in new construction project starts. The same period last year—in the midst of the cold Read More
How Things Fall Off the Backs of Trucks
If it weren’t for Tom Robbins, New York press coverage of unions—and union corruption—would be virtually nonexistent.
In this week’s Voice, he charts the rise and fall of Michael Forde, the former head of the New York City District Council of Carpenters who last week confessed to an at least 16-year history of taking Read More
The year of 2009 was an ungodly awful one for the New York construction industry, according to a report issued Tuesday morning by the New York Building Congress, an association representing members of the construction industry.
The full report on residential construction is below, but here are some fun excerpts:
– In 2009, the city issued only 6,057 Read More
In the world of New York Presbyterians, the decision last month by a city agency to designate an Upper West Side church a landmark landed with a thud. With the church facing a repair bill for its iconic red sandstone building at 86th Street and Amsterdam Avenue, a bill far greater than any Read More
