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City Scoop: New York
Construction Starts New York
TOTAL CONSTRUCTION Actual
2007
Actual
2008
Actual
2009
Forecast
2010
Forecast
2011
($ Millions)
$34,351 $31,931 $25,647
$28,991 $25,223
NON-RESIDENTIAL
Commercial & Manufacturing
Stores & Shopping Centers
Office & Bank Bldgs
Hotels & Motels
Other Commercial Buildings
Manufacturing Buildings
$14,143 $12,059 $12,253
$7,452 $5,887 $5,569
$1,379 $1,002 $494
$2,718 $2,630 $3,047
$873 $1,109 $157
$1,990 $1,055 $1,803
$492 $92 $69
$16,752 $11,800
$8,830 $6,587
$663 $816
$3,293 $2,688
$366 $404
$4,444 $2,580
$63 $99
INSTITUTIONAL
Education Buildings
Healthcare Facilities
Other Institutional Buildings
$6,692 $6,172 $6,684
$4,496 $3,864 $3,760
$851 $1,117 $689
$1,345 $1,191 $2,234
$7,922 $5,213
$3,610 $2,813
$814 $752
$3,499 $1,648
RESIDENTIAL
Single Family
Multifamily
$10,884 $9,523 $5,035
$3,743 $2,604 $1,839
$7,410 $6,919 $3,196
$4,763 $5,625
$2,031 $2,159
$2,731 $3,466
TOTAL NONBUILDING
Highways & Bridges
Other Public Works
Environmental Public Works
Electric Utilities
$9,324 $10,349 $8,359
$2,435 $2,817 $3,212
$3,018 $3,209 $2,492
$2,867 $3,768 $1,725
$986 $555 $930
$7,476 $7,808
$3,346 $3,784
$1,700 $1,569
$1,800 $1,839
$630 $615

 

Total Picture  

 

Firms in Focus TDX Construction Corp. | 345 Seventh Ave., New York

President:James H. Jones, P.E. Employees: 92 Founded: 1980

keeping fit: The firm is working on the $200-million expansion and modernization of Harlem Hospital Center, a 286-bed facility and trauma center. Completion is set for June 2012.

 

City Grill  

Milo Riverso President
STV Group
The firm has won several contracts from the NYC Housing Authority, including the Walt Whitman building complex and adjoining Raymond V. Ingersoll Houses in Brooklyn. STV is providing construction management services for the $161.6-million modernization project that is expected to be completed in December. Certain markets—including the health and hospital sector— are showing signs of life, Riverso says. “There are several large institutions with large capital plans moving forward,” he says, adding that STV is pursuing some of these opportunities.

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