NYC real estate industry on the mend?

The city’s real estate industry added 700 jobs in January, or 0.6 percent of the sector’s workforce, according to an Eastern Consolidated employment report released today. The construction industry lost 2,200 jobs, while employment in the hotel and architecture-engineering sectors was relatively flat, each shedding 100 workers during the month. Anything under 1,000 is considered minimal, said Barbara Byrne Denham, chief economist at Eastern Consolidated. TRD

Sign Up for the undefined Newsletter