NYC far behind other cities in construction practices, Pinsky says

TRD New York /
May.May 10, 2012 02:00 PM

Despite having Mayor Michael Bloomberg — who is widely considered to be pro-development — leading New York City for the past 10 years, a top official in his administration says the city is “decades behind” the rest of the world in some construction practices.

“If you talk to people who do construction in places outside of New York, they will tell you that we are in some cases decades behind the rest of the world in the methodologies that we use,” said Seth Pinsky, president of the city’s Economic Development Corporation.

“There are costs in the system that don’t need to be there, that come from regulations that have sat on the books for years and have not been rethought,” he said. Examples of frivolous rules, he said, were those that require people who don’t perform any work to report to a job, or that require that actions be taken one after another when it would be more efficient to do them at the same time.

Pinsky was speaking on a development panel held at 7 World Trade Center in Lower Manhattan this morning, which was sponsored by a commercial real estate development association, known by its acronym NAIOP.

He said the city needed to improve those rules because the country as a whole needs to both increase its infrastructure spending and spend those tax dollars more efficiently, to compete with other countries.

“We actually aren’t just spending fewer dollars, but we are getting less for our dollars than a place like China,” he said.

The lag comes despite Bloomberg fighting to streamline union work rules, and updating the city’s Department of Buildings with new systems such as a digital plan review system.


Related Articles

arrow_forward_ios
Billy Macklowe and Key Food at 120 Fifth Avenue in Brooklyn (Credit: Getty Images and Google Maps)

Billy Macklowe looking to break into Brooklyn

Melania La Rocca

Buildings commissioner talks priorities in final de Blasio years

Michael Bloomberg (Credit: Getty Images, iStock)

Love, hate, and real estate: Bloomberg’s record may polarize voters

Donald Trump and Michael Bloomberg (Credit: Getty Images)

Bloomberg v. Trump: Real estate edition

A rendering of  280 Meeker Avenue CW Realty Management CEO Cheskie Weisz (CW Realty Management)

CW Realty to bring mixed-use project to troubled Williamsburg site

From left: The Blau and Berg Company's Karine Blanc, TD and Partners' Nana Duncan and Lemor Development Group's Kenneth Morrison (Credit: Blauberg, TD+Partners and Lemor)

Black developers say partnerships aren’t always equal

 561 Greenwich Street (Credit: Google Maps)

Trinity Church to construct another Hudson Square office tower

Donald Trump and Michael Bloomberg (Credit: Getty Images)

Bloomberg v. Trump: Real estate edition

arrow_forward_ios
Loading...