Department of Buildings Report Shows Construction Decline in 2018

Despite increase in developments, construction in New York City has leveled. On January 22, 2019, Department of Buildings Commissioner, Rick D. Chandler, released a report on the City’s construction in 2018. The most significant finding from the report was that the City’s construction activity has leveled off after its real estate and development boom. The number of construction permits Buildings issued decreased in 2018. In 2018, Buildings issued 165,908 construction permits while in 2017, they … <Read More>