Construction spending set to reach historic peak
New York City construction spending is forecast to reach $61.5 billion in 2018, marking a 25 percent increase from 2017 and a new record for...
Tag : transit
Mack-Cali sheds 5 million s/f of underperforming assets
Mack-Cali continues to trim its portfolio, shedding underperforming and non-core assets as it focuses on “transit-based” locations. According to company’s 2016 and year-to-date 2017 capital...
Transit trumps potential landmark status in Midtown East
By REBNY President John Banks The Landmarks Preservation Commission (LPC) recently held a public hearing on five of the 12 buildings considered for landmarking in...
WATCH: Time-lapse video of the WTC Oculus construction over 5 years
EarthCam just released a time lapse video of construction of The Oculus, NYC’s new transportation hub in Lower Manhattan. The video captures construction of the transit...
Garodnick: East Midtown transit problems too big to be solved through rezoning
While the rezoning of East Midtown has been tied to transit improvements with promises of reworked subway stations, its overall effect may amount to a...