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City Scoop: New York
Construction Starts Rich Data from McGraw-Hill Research & Analytics New York
TOTAL CONSTRUCTION Actual
2009
Actual
2010
Actual
2011
Forecast
2012
Total Construction
($ Millions)
$31,789 $25,659 $29,782
$23,190 $22,870
NONRESIDENTIAL
Commercial & Manufacturing
Stores & Shopping Centers
Office & Bank Bldgs
Hotels & Motels
Other Commercial Buildings
Manufacturing Buildings
$12,034 $12,191 $16,965
$5,895 $5,527 $8,955
$1,008 $494 $700
$2,631 $3,043 $3,335
$1,111 $119 $396
$1,055 $1,803 $4,466
$92 $69 $59
$11,186 $10,801
$6,766 $5,918
$770 $728
$2,429 $2,512
$639 $560
$2,765 $2,000
$163 $119
INSTITUTIONAL
Education Buildings
Healthcare Facilities
Other Institutional Buildings
$6,139 $6,664 $8,010
$3,827 $3,743 $3,687
$1,117 $689 $823
$1,195 $2,232 $3,499
$4,420 $4,883
$2,825 $2,752
$700 $655
$895 $1,476
RESIDENTIAL
Single Family
Multifamily
$9,395 $5,087 $4,998
$2,604 $1,839 $2,031
$3,248 $3,248 $2,967
$5,493 $5,604
$1,757 $1,864
$3,735 $3,740
TOTAL NONBUILDING
Highways & Bridges
Other Public Works
Environmental Public Works
Electric Utilities
$10,360 $8,381 $7,819
$2,817 $3,212 $3,366
$3,220 $2,513 $1,908
$3,768 $1,725 $1,804
$555 $930 $741
$6,511 $6,465
$2,114 $2,808
$1,680 $1,208
$1,394 $1,884
$1,324 $565

 

Total Picture  

 

Firms in Focus Stalco Construction 45 Rockefeller Plaza, New York

president & CFO: Alan Nahmias

Employees: 45

Founded: 1992

made in manhattan: The firm’s current work includes the $15-million historical renovation of Pier A and the 60,000-sq-ft, $8.4-million Battery Park City Community Center.

 

City Grill  

 

Tom Lucivero Northeast Regional Manager
VHB Engineering, Surveying and Landscape ArchitectureThe uptick in site planning work, on both the public and private side, is a strong positive indicator for 2012, Lucivero says. Some work that has been delayed is now moving forward, he adds. That is in line with the latest available data from the New York Building Congress that shows the number of stalled projects in New York City fell 8% to 638 from October 2010 to 2011. Manhattan projects restarted in the last year include Extell Development's International Gem Tower at 50 West 47th St.

 


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