NEW CITY—Four Housing Action Loan Opportunity (HALO) Awards and projects involving up to $13.5 million in loans, were announced on Jan. 31.
Rockland Housing Program Awards $13.5M For Four Action Loan Opportunity Projects Read More »
WHITE PLAINS, NY–To understand the commercial market in 2025, it’s good to know its modern history. In the 1970 and 1980s it grew and grew to the point of being too hot and then overbuilt. Then the rents suffered because of too much inventory.
Commercial Real Estate is Banking on 2025 Read More »
The federal budget is a critical tool for governing the United States, outlining how taxpayer money is allocated to support a variety of government functions. However, with the national debt exceeding $30 trillion and annual budget deficits often surpassing a trillion dollars, the need for cuts has become increasingly urgent. Despite this, slashing the federal budget is notoriously difficult. Among the factors contributing to the resistance against cutting government spending are political pressures, societal needs, legal constraints and economic concerns.
NEW YORK—The New York City Department of Environmental Protection announced recently the completion of payments of $165 million in local village, town, city, county and school taxes in 2024 across nine Hudson Valley and Catskill counties covering the water supply system serving half of the state’s population.
NEW YORK—The Gateway Development Commission (GDC) Board of Commissioners awarded on Feb. 3 the contract for the Manhattan Tunnel Project to Frontier-Kemper-Tutor-Perini JV and authorized the notice to proceed with construction. The award the GDC Board approved includes $1.18 billion for the total contract price.
Gateway Development Commission Awards $1.8 Billion Manhattan Tunnel Project to JV Read More »
NEW YORK—Con Edison has proposed a massive $21-billion investment to maintain and upgrade its infrastructure in New York City and Westchester County to the New York State Public Service Commission. The investment plan, released late last month in conjunction with a rate hike request, is subject to approval by the New York State Public Service Commission.
ConEd’s Plan for $21M Upgrades Draws Gov.’s Criticism, Calls for Utility Audit Read More »
ALBANY—New York State Department of Transportation sent a notice earlier this month regarding upcoming revisions to its “Standard Specifications and Bidder Requirements” that are effective on contracts let on or after Feb. 20.
Albany Update – Doing Business with NYSDOT Read More »
Various materials are used in construction activities, including those deemed hazardous to human health. Therefore, companies must ensure that they have an adequate and updated written hazard communication program in place consisting of multiple components.
WHITE PLAINS, NY–A newly released report on the new multifamily housing development boom and its impacts on communities in Westchester County refutes the long-standing premise that new housing development will result in large increases in student enrollment, resulting in higher school tax burdens for local taxpayers.
New Housing Development Surge Not Spiking School Enrollments: Study Read More »
For many construction firm owners, the right transition isn’t just about choosing the right exit strategy or succession plan, it’s about ensuring the business is in the strongest possible position before a transition even begins. That’s why this is one of the most difficult decisions of ownership and why the keyway to a successful transition is through preparation—be it an owner considering family succession, an internal buyout or ESOP (Employee Stock Ownership Plan), selling to private equity or merging or selling to another firm.
