Entries from Gothamist tagged with 'newyorkbuildingcongress'
October 14, 2008
The New York Building Congress issued a report on NYC's construction outlook 2008-2010: This year, construction spending is "forecast to reach a record $33.8 billion, a 16 percent increase from 2007 when spending reached $29.1 billion. Spending is currently forecast to reach $33.4 billion in 2009 before easing to $26.2 billion in 2010." More projected numbers: 35,00 residential units will be built this year, 20,285 next year, and 18,500 in 2010. Non residential-development (offices,......
Continue Reading "Report: After Peaking This Year, Construction Will Decline into 2010"
