NEW YORK CITY-Agreements were reached late Thursday night averting a strike that would have jeopardized $10 billion in New York City unionized construction, but now observers tell GlobeSt.com they’re waiting to hear what the work rule concessions were.
NEW YORK CITY-The end of the decade will see up to 20 million square feet of class A office space added, a positive sign for the city’s economic recovery, New York Building Congress president Richard Anderson tells GlobeSt.com.
NEW YORK CITY-Office vacancy rates in Manhattan are below 10% for the first time in over two years, according to a report from Cushman & Wakefield.
NEW YORK CITY-Ground broke this morning on the Theatre for a New Audience’s 27,500 square foot home in the heart of Downtown Brooklyn, an addition that NYCEDC president Seth Pinsky tells GlobeSt.com will be an important economic generator for the area.