New York City

Thu August 03, 2017

2017 Construction Starts Reveal Mixed Pattern Across Top Metro Areas

During the first half of 2017, eight of the top ten metropolitan markets for commercial and multifamily construction starts ranked by dollar volume registered decreased activity compared to a year ago, according to Dodge Data & Analytics....

Wed August 02, 2017

After Fire, Massachusetts City Votes for Safer Building Codes

Waltham, Mass., city councilors voted unanimously July 31, to call on the state of Massachusetts to implement tighter restrictions on the size of wood-frame residential buildings after a massive ten-alarm fire destroyed a wooden apartment complex under construction in late July....

Mon July 31, 2017

Granite Construction Awarded $318M Kosciuszko Bridge Project in Brooklyn

Granite Construction Inc., announced July 31 it has been awarded a $318 million contract by the New York State Department of Transportation for the construction of phase two of the Kosciuszko Bridge in Brooklyn, N.Y....

Thu July 27, 2017

Durante Rentals Announces New Connecticut Store Location

Durante Rentals LLC, the most dependable name in construction equipment rentals, announced July 27 that it has opened the doors to their eighth store at 108 Federal Road in Danbury, CT. Located across the street from Frank Pepe Pizzeria, the property is situated right off Interstate 84 (Exit 11) and US-202 (White Turkey Road) for easy access and ample parking....

Mon July 24, 2017

Port Authority Approves $54.4M LaGuardia Airport Runway Construction Project

The Port Authority Board of Commissioners recently authorized $54.4 million to rehabilitate Runway 4-22 and associated taxiways at LaGuardia Airport to extend their useful life and ensure compliance with Federal Aviation Administration standards....

Mon July 24, 2017

Cuomo Announces Historic $5.6B LIRR Transformation

On July 19, Gov. Andrew M. Cuomo announced a historic $5.6 billion transformation of the Long Island Rail Road to strengthen the region's transportation infrastructure and usher in a new era of economic growth....

Thu July 20, 2017

Tesla Owner Gets Government Approval for Hyperloop Transit System

Tesla Inc. and SpaceX founder Elon Musk dropped a bombshell announcement July 20, tweeting that he has received "verbal government approval" to construct a Hyperloop transit system that would connect New York City, Philadelphia, Washington, D.C....

Elizabeth Costigan - Tue July 18, 2017

New Education Center to Honor Singer's Legacy

The Louis Armstrong House Museum in New York City broke ground on July 17 on its new $23 million education center. The ceremony took place across the street from the landmarked Queens home, located at 34-56 107th St., where the famous jazz trumpeter once lived....

Fri July 14, 2017

Real Estate Associate Program Offers Classes to Multicultural Professionals

Project REAP (Real Estate Associate Program), recognized nationwide as a leading educational diversity initiative that introduces multicultural professionals to commercial real estate (CRE), is returning to New York City this fall....

Fri July 14, 2017

Construction of Ferris Wheel on Staten Island Hits Snag

There's been a snag in the building of the giant Ferris wheel on Staten Island's waterfront. The Staten Island Advance says the project is now "indefinitely delayed" after its developer fired the design-build team working on the 60-story New York Wheel....