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NY Daily News
Building up to a 19.9B year in city
Rev up the bulldozers - a record $19.9 billion in spending on city housing, office and public-works construction is expected this year, said a New York Building Congress forecast released yesterday.
The number of private-sector construction jobs could reach 140,000, which also is a record, said Building Congress president Richard Anderson. That's a big increase after last year's dip to 107,300.
Commercial construction will rebound - with 11 major Manhattan office projects getting under way or in the works.
And the city's residential construction boom should continue - at nearly the same pace as last year, when the number of housing units built topped 25,000 for the first time since 1972. This year, about 23,000 units will be constructed.
NY Daily News
Building up to a 19.9B year in city
Rev up the bulldozers - a record $19.9 billion in spending on city housing, office and public-works construction is expected this year, said a New York Building Congress forecast released yesterday.
The number of private-sector construction jobs could reach 140,000, which also is a record, said Building Congress president Richard Anderson. That's a big increase after last year's dip to 107,300.
Commercial construction will rebound - with 11 major Manhattan office projects getting under way or in the works.
And the city's residential construction boom should continue - at nearly the same pace as last year, when the number of housing units built topped 25,000 for the first time since 1972. This year, about 23,000 units will be constructed.
