ENR New York Announces Preliminary Top Contractors List

Regional revenue was down 4.6% for this year’s Top Contractors list, reaching $18.6 billion in New York and New Jersey compared to last year’s $19.5 billion. The top three contractors’ revenue has also decreased slightly, reaching $6.7 billion, down 2.9% from last year’s $6.9 billion. Residential and education construction was strong in 2015, with large […]

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2015 Construction Activity Yielded an Estimated $61 Billion in Total Economic Impact to New York City

The benefits of New York City’s current building boom are reverberating throughout the local economy, generating an estimated $61 billion in total economic output in 2015 alone, according to a New York Building Congress analysis of multiple data sources. This is a 7 percent increase from 2014, when the overall economic impact totaled $57 billion. […]

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Governor Cuomo Announces $5.5 Million Effort to Construct New Gateway Visitor Centers on Both Ends of the Walkway Over the Hudson

Energy Efficient Gateways to feature Concessions, Picnic and Patio Spaces, and Amphitheater View Renderings of East End Gateway and West End Gateway Governor Andrew M. Cuomo today announced $5.5 million in projects to construct new energy efficient gateway visitor centers to adorn both the east and west entrances of the Walkway Over the Hudson State […]

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Skanska reaches financial close on LaGuardia project in New York, USA, worth USD 2.8 billion, about SEK 23 billion

Press Release 06/01/2016 Skanska has, as a member of LaGuardia Gateway Partners, reached financial close and executed a lease agreement with the Port Authority of New York and New Jersey (PANYNJ). The Public Private Partnership (PPP) includes finance, design, construction, operation and maintenance of the LaGuardia Airport Central Terminal B in New York City, USA, […]

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Hudson Yards Welcomes Its First Employees and Officially Opens Its Doors

Press Release 5/31/2016 | Related/Oxford Initial Wave of Employees of Coach, Inc., 10 Hudson Yards’ First Corporate Tenant, Welcomed to Their New Global Headquarters with Morning Celebration; Move-ins at 10 Hudson Yards to Continue Through the End of the Year 10 Hudson Yards is the First Building to Open in Manhattan’s Newest Neighborhood NEW YORK, […]

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AECOM’s Tishman Construction operation providing preconstruction and construction services for One Manhattan West’s new office building

Construction of the new 2.1-million-square-foot office building is well underway at the mixed-use Manhattan West development NEW YORK–AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, announced today that its Tishman Construction unit is managing construction of Brookfield’s One Manhattan West in New York City. Tishman has been selected to serve as the preconstruction and […]

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Skyscraper at Trade Center Rises From the Inside Out If you think Santiago Calatrava’s transportation hub and shopping mall looks like a bird (or a stegosaurus), you might find 3 World Trade Center next door reminding you of an upside-down Popsicle, with the stick at the top. Its surprising profile — which is only temporary — […]

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This Skills Gap Is Hurting America’s Housing Market

Views Of A KB Home Development As Earnings Beat Estimates The construction industry deserves a closer look. While America’s housing market is recovering, the construction industry has struggled to catch up. Nationwide, the median price for existing and new single-family homes for sale shot up more than 8% during the past year. The rise, in […]

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Construction Wrapping Up On World Trade Center’s Liberty Park, Financial District

In September of 2015, construction was underway on the St. Nicholas Greek Orthodox Church planned on the eastern end of the also-under-construction, one-acre Liberty Park, located on the southern end of the World Trade Center complex, in the Financial District. Now, construction on the rest of Liberty Park, which is elevated 25 feet above street level, is […]

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Severe Shortage of NYC Affordable Housing Creates 1,000 to 1 Odds For Applicants

May 18, 2016 In just three years, NYC housing lottery applications have increased six-fold The severity of NYC’s affordable housing crisis becomes more and more transparent as the number of applications being received for housing lotteries spikes. Officials have said that Housing Connect, the city’s affordable housing assistance site, is receiving so many applications that […]

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Transportation Pushes Revenue for Regional Firms

Total regional design revenue fell due to list participant changes, but large bridge projects drove work for a number of top companies in 2015 The top architecture and engineering firms in the New York region posted $3.6 billion in revenue in 2015, according to this year’s ENR New York Top Design Firm ranking. While a […]

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