New York City contractors adding 5% to 10% to construction costs due to trade war
The U.S. trade war with China is having a significant impact on the cost of building materials, as reported in a new study by Turner & Townsend......»»
NYC contractors spending money to make money as construction costs spiral
Despite the ever-rising costs of construction in New York City, the New York Building Congress said in its latest report that the industry is still profitable. “New York’s building industry is faced with particu.....»»
Construction freeze is adding to industry’s debt risk
New York City’s construction shutdown has derailed a $66 billion industry, increasing the risk on billions in loans issued to fund projects across the city. Before the virus outbreak, more than 450... To view the full story, click the title link......»»
Trade group challenges St. Petersburg, Fla., ordinance on construction contract mandates
The Florida Gulf Coast Chapter of Associated Builders & Contractors filed suit against the City of St. Petersburg, Fla., over an ordinance that requires contractors to hire apprentices and disadvantaged workers in order to work on big city projects......»»
REBNY strikes historic deal with trade unions
The Real Estate Board of New York has struck a historic accord with the city’s construction unions. The deal aims to put both .....»»
San Francisco overtakes NYC construction costs
San Francisco has unseated New York City as the most expensive place on earth to build, with construction costs forecast to rise a further 6.0 percent in 2019 as tech sector exp.....»»
Sky-high construction costs rose again in 2017
The cost of construction in New York City increased 3.29% between the first quarter of 2017 and this year, according to a report released Monday. The rise will add to the end-cost of apartments and... To view the full story, click the title link......»»
As Webcor"s longest job nears completion, CEO Jes Pedersen discusses rising construction costs
One of the Bay Area's largest general contractors, Webcor has had a hand in building some of the city's most prominent buildings......»»
Don"t blame construction unions for NYC Housing Authority costs
To the editor:  In his op-ed “How the Housing Authority could save $10 billion,†Brian Sampson offers a deeply simplistic, misguided and inaccurate explanation for all of the New York City Housing... To view the full story, click the title link......»»
Contractors blame scaffold law, bureaucracy for public-works costs
New York's unionized contractors say the state's current regulatory and management structures don't work.The General Contractors Association of New York's "Deconstructing the Cost of Construction"... To view the full story, click the title link......»»
Report points to a profitable industry amidst increasing costs
Despite the ever-rising costs of construction in New York City, the New York Building Congress said in its latest report that the industry is still profitable. “New York’s building.....»»
Argentine steakhouse Baires Grill adding flagship restaurant to New York City expansion plans
Florida-based restaurant chain Baires Grill will open two locations in New York City this year......»»
Rudy Giuliani has reportedly shed his entourage and hired a part-time driver to cut costs as his legal fees mount
The former New York City mayor reportedly pays as much as $42,000 per month in alimony, which may have factored into the layoffs. Trump attorney and former New York City Mayor Rudy Giuliani. Noam Galai/Getty Imag.....»»
Realtors getting ready to fight "good cause" eviction law in Albany
The trade group representing Realtors in New York is encouraging members to fight a proposed "good cause" eviction law in the city of Albany by writing letters to Mayor Kathy Sheehan and distributing talking points for an upcoming Common Council meeting......»»
Exxon, BP, and Shell fall after New York City sues the major oil companies for misrepresenting their role in climate change
NYC's mayor filed a lawsuit on Thursday arguing oil giants' deceptive trade practices and "greenwashing" violate the city's consumer protection la.....»»
Why these 3 industry insiders believe New York"s life sciences sector can help the city recover post-pandemic
A drug-discovery company CEO, a life science real estate broker, and a biotech trade association leader share what they see as the state of the industry in New York City and where they predict it goes from here. Watch the full panel discussion......»»
City of Orlando funds minority entrepreneurship and high-demand jobs program
The program focuses on job training in advanced manufacturing, construction, health care, hospitality, IT/finance and trade/logistics......»»
Beyond the List: Deconstructing the teams behind 89 Kansas City-area construction projects
More than 200 companies — from developers and general contractors to architects and engineers — are involved in working on the 89 projects currently underway in the Kansas City area. Here's a look at who some of them are and what they do......»»
Residents of one of the wealthiest buildings in New York are complaining about construction and costs, report says
Some residents of the Western.....»»
Construction Covid-19 safety complaints falling; Two sites cited as "repeat violators"
Two general contractors respond to citations from the city of Austin about not following regulations meant to slow the spread of the coronavirus. Althoug.....»»
These real estate and construction executives will advise New York City"s reopening
The council includes big industry names like Mary Ann Tighe of CBRE, William Rudin of Rudin Management, James Whelan of REBNY and more......»»