Real estate execs eye infrastructure investments amid high hopes for Trump

Real estate execs eye infrastructure investments amid high hopes for Trump

20/01/17

A survey of top U.S. real estate executives revealed that infrastructure assets figured prominently into what they believe to be the best and safest investments, according to Forbes.   As part of the Altus Group survey, respondents were asked to invest a hypothetical $1 billion for maximum returns, and they allocated 15.5% to infrastructure, a […]

7 crucial ways New York City's landscape will change in 2017

7 crucial ways New York City’s landscape will change in 2017

20/01/17

The new year has come, meaning that after a period of reflecting on the year past’s preservation battles, best architecture, and more, it’s time to look towards the future. Megaprojects Hudson Yards will continue on its hot streak from 2016, when tenants were welcomedinto its first completed building at 10 Hudson Yards and sales launched […]

How to leverage corporate programs to survive the construction talent drought

How to leverage corporate programs to survive the construction talent drought

20/01/17

There’s no denying that the available skilled labor pool is shrinking. The Associated General Contractors found in its annual survey that even more employers anticipate difficulty in finding qualified help this year than they did in 2016. It’s not just field workers and supervisors who are in short supply. Project managers are hard to come by, and […]

US Home Construction Jumps, Led by More Apartment Building

US Home Construction Jumps, Led by More Apartment Building

20/01/17

WASHINGTON — U.S. builders ramped up home construction in December, led by a surge of apartment building, while single-family houses lagged. Housing starts jumped 11.3 percent last month, to a seasonally adjusted annual rate of 1.2 million, the Commerce Department said Thursday . The figures are volatile month to month: Starts plummeted in November after […]

Mixed use rotating towers are set to be built in Manhattan, New York

Mixed use rotating towers are set to be built in Manhattan, New York

02/11/16

Designed by Danish architectural company Bjarke Ingels Group at a total cost of $1.9 billion, The Eleventh will comprise of two towers situated between Manhattan’s 10th and 11th avenues. Real estate investment and development firm HFZ Capital Group is also involved in the project. The towers will be home to a new Six Senses Hotel Resort […]

What we know about New York’s One Vanderbilt skyscraper

What we know about New York’s One Vanderbilt skyscraper

02/11/16

A number of skyscrapers are currently under construction within New York in order to accommodate for the increased number of residents and increase employment opportunities within the capital. The One Vanderbilt skyscraper, situated opposite the Grand Central Terminalwill complete in 2020 and become the second tallest skyscraper within New York, reaching heights of 1,301ft, with a […]

U.S. manufacturing sector expanding, but risks remain

U.S. manufacturing sector expanding, but risks remain

02/11/16

U.S. factory activity increased for a second straight month in October amid a pickup in production and hiring, supporting views that the embattled manufacturing sector would regain some momentum in the fourth quarter. The Institute for Supply Management (ISM) on Tuesday said its index of national factory activity rose 0.4 percentage point to a reading […]

New York Construction Spending to Top Record as Towers Rise

New York Construction Spending to Top Record as Towers Rise

02/11/16

New York City construction spending is expected to climb 26 percent this year to a record, driven by a surge in development of offices and residential properties, according to a local trade organization. The New York Building Congress estimates spending will reach $43.1 billion, topping $40 billion for the first time and surpassing the peak […]

Construction in LA is booming...

Construction in LA is booming…

18/10/16

Construction in LA is booming and there is abundance of opportunity in the region due to the sheer number of largescale construction projects breaking ground or being approved recently. On top of this, construction for Multi-Family and Residential developments has been more than double that of 2015. LA Developers are on course to add approximately […]

Obama tells Bay Area to build more housing

Obama tells Bay Area to build more housing

18/10/16

Unable to secure more than two minutes in public comment, White House publishes paper instead Do these comments sound familiar? “Housing production has not been able to keep up with demand.” “Barriers to new development cause working families to be pushed out of the best opportunities.” “Zoning, regulation, and lengthy development approval have reduced the […]