Construction Spending


The Latest

New York Building Congress President & CEO Carlo Scissura (Credit: Getty Images, iStock)

Construction spending expected to hit nearly $190B between 2019 to 2021: report

Total construction spending this year through 2021 in New York City is expected to reach $189.5 billion, according to...

Construction spending expected to hit nearly $190B between 2019 to 2021: report
Average construction costs jumped nationally year-over-year

Average construction costs jumped nationally year-over-year

Average construction costs across the U.S. rose 4.2 percent last year, with Los Angeles logging the largest uptick, according...

Average construction costs jumped nationally year-over-year
Developers are bracing themselves for the burn of Trump’s metal tariffs

Developers are bracing themselves for the burn of Trump’s metal tariffs

From the April issue: New York City developers and builders certainly won’t strike gold with the Trump administration’s recent metal...

Developers are bracing themselves for the burn of Trump’s metal tariffs
Construction starts picked up in 2017, thanks to large institutional and public works projects

Construction starts picked up in 2017, thanks to large institutional and public works projects

Construction starts picked back up again last year, totaling $37.78 billion on the back of public works and institutional projects. That was the second-highest...

Construction starts picked up in 2017, thanks to large institutional and public works projects
Here’s a look at some of NYC’s biggest commercial projects in the pipeline

Here’s a look at some of NYC’s biggest commercial projects in the pipeline

From the January issue: With office towers rising on the Far West Side and logistics super-warehouses being built on Staten...

Here’s a look at some of NYC’s biggest commercial projects in the pipeline
The shakedown: How neighboring landlords can profit from new developments

The shakedown: How neighboring landlords can profit from new developments

A precedent-setting court ruling from last year has opened the floodgates for landlords to demand “ransom” payments from adjacent...

The shakedown: How neighboring landlords can profit from new developments
Building Billionaires’ Row: Why developers call Lendlease when they want to go glitzy

Building Billionaires’ Row: Why developers call Lendlease when they want to go glitzy

UPDATED, 11:18 a.m., July 19: Though only three years old, One57 is kind of like the grandfather of Billionaires’ Row. Extell Development’s supertall was...

Building Billionaires’ Row: Why developers call Lendlease when they want to go glitzy
NYC construction industry generated $66B in 2016: report

NYC construction industry generated $66B in 2016: report

The construction industry in New York City generated $66.3 billion last year, thanks in large part to a record...

NYC construction industry generated $66B in 2016: report
High construction wages, material costs make NYC the world’s most expensive place to build: report

High construction wages, material costs make NYC the world’s most expensive place to build: report

New York City isn’t just the most expensive place to build in the world — it’s also one of the most “overstretched” in terms...

High construction wages, material costs make NYC the world’s most expensive place to build: report
Construction spending pushes de Blasio’s budget up by $6B

Construction spending pushes de Blasio’s budget up by $6B

Mayor Bill de Blasio’s capital budget for the city jumped 7 percent since January, thanks to an extra $6...

Construction spending pushes de Blasio’s budget up by $6B
« Previous Next »
Loading...