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From left: Commerce Secretary Rebecca Blank, Senator Chuck Schumer and a rendering of the CornellNYC Tech campus

U.S. Patent Office, Cornell NYC Tech form partnership that’s first of its kind

Cornell NYC Tech, the 2 million-square-foot applied science and engineering campus slated to grow on Roosevelt Island in the...

U.S. Patent Office, Cornell NYC Tech form partnership that’s first of its kind
Housing completions at all-time low but permits and construction rise

Housing completions at all-time low but permits and construction rise

U.S. housing completions are on pace to shatter last year’s record low, as completions in March reached a seasonally...

Housing completions at all-time low but permits and construction rise
U.S. home prices, sales slide in 2010

U.S. home prices, sales slide in 2010

U.S. home prices saw a 1.6 percent quarter-over-quarter decline in 2010, according to Clear Capital’s monthly Home Data Index Market Report, released today. But despite the negative quarterly price change, the national index shows...

U.S. home prices, sales slide in 2010
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Clash of the diamond towers

From left: Extell’s International Gem Tower, Gary Barnett and 580 Fifth Avenue Construction on Extell Development’s 34-story International Gem Tower condominium, on West 47th Street between Fifth and Sixth avenues, is on hold until...

Clash of the diamond towers
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U.S. construction spending hits 10-year low

Construction spending fell nationwide for the third month in a row in July 2010, this time to its lowest level in 10 years, according to a report released today by the U.S. Department of...

U.S. construction spending hits 10-year low
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Builders rush to meet tax credit deadline

U.S. builders are on a tight deadline to finish houses by the end of June so purchasers can get the federal tax credit of as much as $8,000, Bloomberg news reported. “We have people...

Builders rush to meet tax credit deadline
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