
According to a report by the New York Building Congress, the cost of construction in New York is going up about 1% a month.
The report blames the rising price of materials, high demand for labor, poor project planning and extensive regulations.
We can certainly believe that. At least the part about the poor project planning. The recent crane collapses have been a tragic illustration of the lack of oversight and proper inspections.
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Manhattan
733 3rd Avenue,
12th Floor
New York, NY 10017
Toll Free: 800.734.9445
Long Island
1355 Motor Parkway
Hauppauge, NY 11749
Toll Free: 800.734.9445