City set for historic ’05 construction numbers

You may have noticed the construction cranes across the five boroughs. They signify what could turn out to be a historic 2005 home building boom. This year, the city has issued nearly 28,000 permts for new private residential building units, well above last year’s amount, and some say the number of permits issued for new housing may reach 30,000 before the ball drops on Saturday night. For comparison, the city issued a little over 15,000 permits in 2000. more [Sun]

Sign Up for the undefined Newsletter