Category Archives: Business News

Construction Update: Tribeca’s ‘Jenga Tower’ 56 Leonard Tops Out

Excerpt from an article from 6sqft.com: Those of us who work in the design and construction industry have a good idea of what drives a successful project. In short, we see a successful project as one that finishes on time and within the budget. Common sense dictates that the chances of achieving those results increase with team integration and cohesion. If the project owner, design team and construction team are all on the same page, regardless of project delivery method, the owner (and the other members of the team) will likely be more pleased with the outcome. Continue Reading

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Who “Owns” Legally Binding Construction Codes?

The state of Georgia has filed a lawsuit against public-domain activist Carl Malamud for publishing the state’s entire legal code online. It’s the latest legal … Continue Reading

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New Construction Down in June but Up for First Half of Year

New construction starts in June dropped 15 percent from May to a seasonally adjusted annual rate of $620.2 billion, according to Dodge Data & Analytics. … Continue Reading

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Maximizing Project Success—A New Guide for Owners

Excerpt from an article from JD Supra Business Advisor: Those of us who work in the design and construction industry have a good idea of what drives a successful project. In short, we see a successful project as one that finishes on time and within the budget. Common sense dictates that the chances of achieving those results increase with team integration and cohesion. If the project owner, design team and construction team are all on the same page, regardless of project delivery method, the owner (and the other members of the team) will likely be more pleased with the outcome. Continue Reading

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Tallest Freestanding Crane in NYC History Arrives in Midtown at 111 W. 57th Street

Excerpt from an article from the Real Deal: The tallest freestanding crane in the city’s history is on-site at JDS Development Group and Property Markets Group’s 111 West 57th Street in Midtown. Continue Reading

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Could NYC Soon Be in the 2,000-Foot-Tall Skyscraper Era?

Excerpt from an article from the Real Deal: With the city’s recent wave of supertall skyscraper projects showing no sign of abating, it may not be long before buildings up to and exceeding 2,000 feet in height dot the skyline, according to the 220 Central Park South structural engineer Stephen DeSimone. Continue Reading

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Dodge Momentum Index Dips in June

The Dodge Momentum Index fell to 118.3 in June, down 1.3 percent from 119.9 in May, according to Dodge Data & Analytics. The Momentum Index … Continue Reading

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Worker Shortage Contributing to MoPac Expansion Delays

Excerpt from an article from the KVUE: As the list of building projects in Austin grows, there are fewer construction workers to get them done. Continue Reading

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Tree Houses: Are Wooden Skyscrapers the Future of All Buildings?

Excerpt from an article from the Guardian: The world is in the midst of a tall building boom, with more skyscrapers being built now than ever before. From the outside, these towers present the epitome of the modern city, combining weird and wonderful forms with seemingly endless curtain-wall glazing. Continue Reading

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Design Disclaimers: Subtle Language Can Lead to Big Shifts in Risk

Excerpt from an article from Ahlers & Cressman PLLC: We recently wrote about design disclaimers here, but revisit the topic to further discuss how subtle language can transfer the entire risk for defective designs from the designer to the general contractor. Bidding contractors need to be aware that any language suggesting that a design may not be adequate for the item to function for its intended purpose may shift the entire risk of that design, including the costs to make the item function as intended, to the bidder. Continue Reading

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