What is a bad day for Michael Horodniceanu?Is it getting “blasted” at meetings by business owners complaining over a drop in sales as a result of the $4.45-billion Second Avenue Subway (SAS) in New York City?No, he says. That's routine. “A bad day is when I get an e-mail about the Corbin Building underpinning—that the building had begun to move. A bad day is when I [recently] learned we would have more East Side Access delays. We still don't know how much the delay will be, but that was a bad day.”A common project feature is the frustration of Manhattan
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.