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111 w 57th

World’s skinniest skyscraper costs balloon, resulting in imminent foreclosure

The cost of building the world’s skinniest skyscraper has ballooned so enormously that the 111 W. 57th St. project is facing imminent foreclosure while...
gateway hudson tunnel

Gateway rail tunnel project costs could reach $13 billion: NYBC says it is the...

The cost to build a new rail tunnel under the Hudson River and repair the existing one could reach nearly $13 billion — a...
hunter point community library

Report: NYC DDC Library and cultural projects mired in delays and high costs

A report by the Center for an Urban Future (CUF) says infrastructure projects for libraries and cultural institutions managed by the Department of Design and...
arcardis report

New York City construction costs continue to be the world’s highest: Arcardis

The latest International Construction Costs report by Arcadis shows New York City continues to be the most expensive place in the world for construction. The...

Poughkeepsie eligible for $3.2 million for lead pipe replacement

New York Construction Report staff writer The City of Poughkeepsie is eligible for $3.2 million in grants and more than $8 million in interest-free loans...