Contractors, developers and designers face a new sort of project backlog across the New York region today: many hundreds of stalled sites that loom as a steep challenge to the industry. But while dormant sites stand as grim reminders of a weak economy, it is the jobs that are set to restart that are posing new problems.
“I don't think we've ever seen the phenomenon at this scale,” says Richard Anderson, president of the New York Building Congress, of the high number of stalled sites.