Top 10 biggest real estate projects coming to NYC

Most of the city’s large-scale real estate developments formally proposed in June were massive office projects, the biggest being Tishman Speyer’s nearly 1 million-square-foot project in Long Island City. The developer filed permits for the two connected towers, One and Three Gotham Center, last month, making it the largest project proposed in the city during […]

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How much does a construction worker in New York make?

New York Building Congress found the average wage was $76,300, but that is where the unanswered questions begin How much do construction workers in New York make? It ought to be an easy question to answer, but it is not, which is why it is so hard to settle the controversy over whether builders should […]

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Bronx Project Sees Health in Affordable Housing

Complex is designed to address many of the hurdles facing low-income residents A 150-year-old health-care institution in the Bronx has a new prescription for wellness that starts with affordable housing. SBH Health System, which includes St. Barnabas Hospital, has joined with developers L+M Development Partners and Hornig Capital Partners LLC to create a 450,000-square-foot complex […]

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Why builders may soon stop putting up low-cost housing in NYC

Fighting over a lapsed tax credit just cost the city 1,600 badly needed housing units — and an innovative $43 million co-generation project. The Durst Organization announced last week that it’s scaling back plans to build a $1.5 billion, 2,000-unit development known as Hallets Point on the Astoria waterfront. The planned co-generation facilities were environmentally […]

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New Mandate for Crane Control

Temporary order requires tighter supervision of certain types of cranes and a new ‘lift director’ The New York City Department of Buildings issued a temporary order Thursday requiring tighter supervision of the type of crane that collapsed in Tribeca in February, killing a pedestrian and injuring three others. The order requires that a new “lift […]

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NYC Construction Employment Reached Highest Level in More Than Four Decades in 2015

Wages Increasing at a Modest Pace New York City construction industry employment reached its highest level in more than 40 years and easily surpassed the number of jobs created during the height of the previous building boom in 2008, according to a New York Building Congress analysis of New York State Department of Labor employment […]

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Three groups will compete to win the right to expand Javits Center

Gov. Andrew Cuomo announced Monday that the state has issued a request for proposals to the three contenders. Gov. Andrew Cuomo announced Monday that three companies will compete to expand the Jacob K. Javits Convention Center on Manhattan’s West Side. Cuomo first unveiled plans for a 1 million-square-foot expansion of the convention center in his […]

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AECOM’s Tishman Construction to manage construction of iconic One Vanderbilt in Midtown Manhattan

LOS ANGELES (June 21, 2016) — AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, announced today that its Tishman Construction unit will manage construction of One Vanderbilt, a world-class commercial office development in Manhattan. Tishman, a legendary builder in the New York market, will construct One Vanderbilt for New York City’s largest commercial property […]

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Construction Begins on 45 Park Place

Sharif El-Gamal’s Soho Properties has broken ground on the luxury condo tower in Manhattan’s Tribeca neighborhood, not far from the World Trade Center site.   New York—Construction is underway at 45 Park Place, a condo tower in the Tribeca neighborhood of Manhattan not far from the World Trade Center site. The 665-foot glass and steel tower […]

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These New Renderings of Manhattan in 2020 Show a Super-Tall Future

Manhattan has already earned its spot among the most iconic metropolitan skylines in the world, but since when has New York settled for just being one of the best? According to CityRealty’s recently released development report of Manhattan, developers won’t be slowing construction on mega tall (and exorbitantly expensive) condominiums any time soon. The renderings […]

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Governor Cuomo, Joined by Vice President Joe Biden, Announces Groundbreaking on New LaGuardia Airport

Nation’s Largest Public Private Partnership Begins Transformational Redesign with Best-In-Class Amenities, Enhanced Capacity and Reduced Congestion Added Space for Security Check-In to Help Diminish TSA Screening Wait Times Q70 Limited Bus Route “LaGuardia Link” to Relaunch in September 2016 New Renderings of the New LaGuardia Airport are Available Here Governor Andrew M. Cuomo today announced […]

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