City sees rise in stalled construction sites since the summer, especially in Brooklyn

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The number of stalled construction projects continues to mount, as the most recent set of Department of Buildings statistics shows an upsurge of 42 percent in Brooklyn sites and 40 percent in Manhattan sites since the summer. Brooklyn is home to 245 stalled developments, which comprise almost half of the Department’s 527-building list. Of those, 80 are in Greenpoint and Williamsburg, and 18 are in Borough Park. Manhattan has 80 projects that sit unfinished. Staten Island has 33, more than double the number recorded this summer, and Queens now has 144, a 6 percent rise. Stalled construction sites are bad news for residents as well as the housing industry: they’re often fraught with code violations, safety issues, and sometimes, partying teens. A City Council bill last month provided developers with incentives to keep their stalled sites safe while waiting for the funds necessary to continue with their projects. [NYDN]

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