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
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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...
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...
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...
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...
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...
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...
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...
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...
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...