Category : Blog

Driven by an unprecedented surge in high-end residential construction, as well as by continued strength in the commercial and government sectors, New York City construction activity is brushing up against the heights experienced during the boom years of 2007 and 2008. In its annual New York City Construction Outlook, the New York Building Congress forecasts $32.9 billion New York City construction spending in 2014, a 17 percent increase from 2013, when spending reached $28.2 billion. Construction spending is expected to increase further — to $35.3 billion in 2015 and $35.6 billion in 2016. If the forecast holds, it will mark the first time that construction spending has topped $32 billion.

TOWN Residential partner Hudson Union Society hosted an evening in honor of one of entertainment’s most popular and in-demand celebrities, Neil Patrick Harris. The event was held on October 15 at The Kaye Playhouse at Hunter College. The evening was a  salon-style conversation between Harris and Joe Pascal, President of Hudson Union. Harris shared stories about...