Manhattan has high prime office rents: but only ranks third in the world.
Manhattan has the U.S.'s highest office leasing rates, but (while they are steep at $153.50 per sq. ft. annually) they are nowhere near the...
BASF/WBA launches Wabo Trident Finger Joint System for bridge and highway applications
Amherst, NY-based Watson Bowman Acme (WBA), a BASF Construction Chemicals business, has unveiled its Wabo Trident Finger Joint System for bridge and highway applications.
This...
MoMA 53W53 skyscraper nears completion
After more than a decade of planning and construction, Jean Nouvel’s supertall tower next to the Museum of Modern Art (MoMA) in Midtown Manhattan...
Schumer pushes for construction of western New York National Veterans’ Cemetary
U.S. Senate minority leader Charles E. Schumer has called on the U.S. Department of Veteran Affairs (VA) to complete final acquisitions for two 60-acre and...
Dodge — New construction starts climb 12% in December: NY leads in transportation projects
https://youtu.be/TC7CrgJrCCc
New construction starts in December climbed 12% to a seasonally adjusted annual rate of $733.3 billion, bouncing back following November's 12% decline, according to...
Katerra raises $865 million as it redefines the construction industry
Katerra, a technology company redefining the construction industry, says it has raised $865 million in a Series D funding round led by the SoftBank...
Massive 500,000 sq. ft. office building under construction in Williamsburg
Williamsburg will welcome its first ground-up office space in more than a decade with a 500,000 sq. ft. building at 25 Kent Ave.
The eight-story...
Online shopping trend creates surging”last mile” warehouse demand
The trend to online shopping has created new opportunities for warehouse construction including new "last mile" demand that is pushing up costs and encouraging...
LIU plans $300 million project after selling $76 million in rights to RXR Realty
Long Island University (LIU) is selling $76 million in rights to build on its Brooklyn campus to Uniondale-based developer RXR Realty to set the...
NYC mayor signs legislation to limit construction noise
New York City mayor Bill de Blasio has signed legislation to limit overnight and weekend construction noise.
Intro. 1653-B allows inspectors to take noise readings...
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Construction industry seriously concerned over skilled labor shortage
The USG + U.S. Chamber of Commerce Commercial Construction Index, a quarterly economic index designed to gauge the outlook for the commercial construction industry,...
Construction chemicals market to hit $80,025.4 million by 2023: research
A new research report, released by P&S Market Research, shows that construction chemicals market is projected to reach $80,025.4 million by 2023.
Growing urbanization and...
Construction pay rises as employers add jobs in tighter labor pool
Construction employment increased by 17,000 jobs in April and by 257,000 jobs over the past year while firms boosted pay to help recruit new...