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Office Construction Hits 25-Year High

NEW YORK CITY—Not since 1990 has there been this many cranes at office construction development sites in New York City.

By John Jordan | Updated on August 25, 2015

NEW YORK CITY—Not since 1990 has there been this many cranes at office construction development sites in New York City.

According to a report released today by the New York Building Congress, office construction in 2015 is at its highest level since 1990. In 2015 and 2016, a total of 9.7 million square feet of new office space will be constructed in 19 separate buildings across Manhattan, including 7.4 million square feet combined in Midtown West and the World Trade Center.

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