Top 7: NYC Electrical Contractors - 2013
If the construction sites roaring to life
across the city weren't sign enough, a recent report confirms that New
York's construction market is booming. A surge in construction
spending by private developers, especially for large residential
projects in Manhattan and Brooklyn, is expected to drive total spending
up 6.2% to $32 billion this year, according to the New York City
Building Congress. Next year construction spending is predicted soar by
17% next year, to $37.3 billion. That is just 2% below spending levels
in 2007, when adjusted for inflation.
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October 1, 2011
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