When Uri Sasson phones in a lumber order for the apartment building his company is constructing in Nyack, N.Y., he is often hit with another jarring price shift.
“Every time I call for delivery the numbers change,” he says. A decline in April provided small comfort considering what’s happened to the overall lumber prices in the last 18 months during work on Sasson’s 33-unit Gateway Lofts apartment building. When you are in the middle of construction, he says, "you really can’t stop.”