Construction


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Nightingale’s Eli Schwartz and 111 Wall Street (Credit: Google Maps)

Nightingale, Wafra seek $860M to redevelop 111 Wall Street

Nightingale Group and Wafra Capital Partners are seeking a five-year, $860 million loan to redevelop 111 Wall Street. The...

Nightingale, Wafra seek $860M to redevelop 111 Wall Street
(iStock)

Retail adds nearly 250K jobs in August

The retail sector added nearly a quarter-million jobs in August, notching the highest growth among private industries. General merchandising stores added 116,000 workers, while automobile and appliance sales each added about 20,000 positions. (Related:...

Retail adds nearly 250K jobs in August
Mosaic CEO Salman Ahmad and Mandalay CEO Dave Everson (Photos via Mosaic)

Tech startup inks $100M deal to help build 400 homes

With demand for new homes surging, a Phoenix startup is teaming up with a local builder to churn out...

Tech startup inks $100M deal to help build 400 homes
Melanie La Rocca (iStock)

City moves to speed opening of new and renovated properties

A proposed City Council bill aims to streamline how new and renovated buildings are opened. The measure, sponsored by...

City moves to speed opening of new and renovated properties
Bank OZK CEO George Gleason and Wells Fargo CEO Charles Scharf (Photos via Bank OZK, iStock; Getty)

What delinquencies? Banks aren’t shying away from construction lending

 UPDATED, Sept. 1, 2020, 11:00 a.m.: Bankers ran for the hills when the pandemic hit, but got back to...

What delinquencies? Banks aren’t shying away from construction lending
City Council members Carlos Menchaca and Robert Cornegy with Public Advocate Jumaane Williams (Getty, iStock)

City Council vote could again delay construction safety training requirements

The City Council will vote on a bill Thursday that would put off new construction safety training requirements for...

City Council vote could again delay construction safety training requirements
729 Seventh Avenue and Erica Tishman (Google Maps, Getty)

Husband of falling-facade victim files wrongful-death suit

The widower of the woman killed last winter by terra-cotta falling in Midtown has filed a wrongful-death lawsuit against...

Husband of falling-facade victim files wrongful-death suit
RentCafé Report Shows Apartment Deliveries Will Fall

Covid will push new apartment deliveries to 5-year low: Report

Add new apartment construction to the long list of coronavirus casualties. More than 280,000 new rental units are projected...

Covid will push new apartment deliveries to 5-year low: Report
(iStock)

City Council may extend deadline for construction safety training

With just 17 days before the deadline, the City Council is considering giving construction workers more time to meet...

City Council may extend deadline for construction safety training
Gary LaBarbera and Bill de Blasio (Getty)

City, construction unions strike deal to hire low-income workers

The city and a construction union group have reached an agreement on hiring people from poor communities to work...

City, construction unions strike deal to hire low-income workers
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