The cause of the elevator accident at 285 Madison is still being investigated, and it looks like faulty maintenance may have been the cause. Not so for Post real estate sage Steve Cuozzo. He blames the city’s bureaucracy for saddling us with outdated building stock. Read More
It’s among the world’s smallest countries, but that didn’t stop Equatorial Guinea from scooping up prime office condo space near the United Nation for $3.63 million. Indeed, the African nation of 676,000 people inked a deal last week for 8,067 square feet at 800 Second Avenue, a building already occupied by the consulates of Israel and Ecuador, among other countries. Read More
The New York Building Congress is out today with some interesting numbers that show why the construction industry should love schools and hospitals.
Between May 2008 and April 2010, institutional projects (schools, museums, hospitals, universities, libraries, etc.) accounted for $8.1 billion in construction starts—a not too shabby number for an industry that totaled about $25 Read More
