James Delayo, a former inspector for the New York City Department of Buildings has pleaded guilty to taking cash payments in exchange for falsifying paperwork relating to crane inspections and certifying crane operator exams. He is recommended to receive a two to six year prison sentence after being charged with Bribe Receiving in the Second Degree, considered to be a Class C felony. “This is another case where responsibility and safety were trumped by greed,” said Manhattan District Attorney Cyrus Vance Jr. “These crimes threaten the industry that built our great city, and this fraud hurts the honest business owners
The construction industry has been suffering for two years through the toughest recession in 20 years, perhaps longer. The depth of the downturn has burned away the industry's natural optimism, and major firms are taking a hard look at the market and at the U.S. economy. However, they now are starting to believe that a recovery should begin next year. A 70-story, folded, creased and curved stainless-steel curtain wall on an 867-ft-tall apartment building has been called “Gehry only on the outside,” as if the building is a fake Frank. It’s true that, when it opens next year, New York
Stalco Construction Holds 3rd Long Island Real Estate Movers & Shakers Reception March 2010 Also, Franklin D. Roosevelt Four Freedoms Park holds a celebratory dinner and exhibit. Stalco Construction recently held its 3rd Long Island Real Estate Movers & Shakers Networking Reception. The event, whose theme this year was the �Roaring Twenties� celebrated Stalco�s impressive 100% growth in 2009 with nearly 200 commercial real estate, construction, architecture, and finance professionals from New York City and Long Island and was held at Stalco Construction, Inc.�s headquarters in Islandia, New York. Pictured from left are: Gary Robertson of BBS Architecture & Engineering,
Barclays Center at Atlantic Yards broke ground yesterday after years of delay including 34 lawsuits filed by residents fighting the use of eminent domain. The groundbreaking marks the next phase of construction on the 22-acre, 675,000-sq-ft, facility located at the intersection of Atlantic and Flatbush Avenues in Brooklyn, the planned future home of the NBA�s New Jersey Nets. Rendering: SHoP Architects Preconstruction work has been ongoing at the site since last fall with residential work expected to start next summer. Protestors shouted, honked horns and blew whistles outside the tent as Brooklyn Borough President Marty Markowitz jokingly apologized for the
Two Gotham Center, a 21-story mixed use tower in Long Island City has topped out after members of Ironworkers Local 361 raised the final beam of steal to a height of 325 ft. Photo courtesy of Diane Bondareff The $316 million, 662,000-sq-ft office tower is being developed by Tishman Speyer on the corner of Queens Plaza and 28th Street. Once it is completed in early 2011, the office portion of the building will be occupied by the New York City Department of Health. Two Gotham Center, which is replacing the Queens Municipal Parking Garage, will also include approximately 8,000 sq
The District of Columbia kicked off 2010 with a healthy uptick in the value of new construction contracts, according to McGraw-Hill Construction, publisher of Mid-Atlantic Construction. A surge in the nonresidential sector helped the region’s overall total for January contracts to improve significantly, compared to the same period of a year ago. The District’s nonresidential sector totaled more than $89 million in January contracts, or 86% ahead of the $48 million reported a year ago. January’s residential contracts totaled nearly $6.2 million, ahead of the $2.3 million of a year ago. McGraw-Hill Construction reported that no new nonbuilding contracts moved
The value of new Delaware construction contracts signed in January for future construction increased dramatically compared to the same period of a year ago, McGraw-Hill Construction reported. According to the company, publisher of Mid-Atlantic Construction, approximately $235.7 million in new contracts moved forward during the month, or about five times the year-ago total of about $47.9 million. All three sectors showed significant increases. The nonresidential sector contributed the most to the state’s overall improvement. This category soared from the $29.4 million of a year ago to total nearly $182.8 million for the most recent month. January’s residential contracts also showed
The state of Maryland experienced extreme ups and downs during January in the three construction categories reported by McGraw-Hill Construction, publisher of Mid-Atlantic Construction. Robust gains in the residential and nonbuilding sectors overcame a huge drop in nonresidential contracts for an overall increase of 9% during the month, compared to last January. The value of new nonresidential construction contracts signed during January for future construction decreased by 69%, for an estimated value of roughly $69.4 million, down from last January’s nearly $224-million total. The value of new January residential contracts nearly doubled compared to the same period of a year
The value of new Pennsylvania contracts signed in January for future construction fell significantly compared to the same period of a year ago, according to McGraw-Hill Construction, publisher of Mid-Atlantic Construction. The overall value for new contracts for the month was $949.2 million, or 26% lower than the preceding January. Pennsylvania’s nonresidential sector was singularly responsible for the overall downturn. Activity in this construction category fell to just $136.6 million, or 82% below last January’s total of $773.3 million. The state’s residential sector increased, however. Here, McGraw-Hill Construction reported nearly $171.3 million in new contracts, or 17% higher than last
The value of new Virginia contracts signed in January for future construction increased by 22% overall, compared to last January, according to McGraw-Hill Construction, publisher of Mid-Atlantic Construction. Despite the overall improvement, the value of new nonresidential construction starts fell dramatically, by 42%, compared to the same period of a year ago. McGraw-Hill Construction estimated the value of these new contracts at roughly $192.6 million, down from last January’s $347.2 million. The value of residential contracts increased dramatically, however. This category totaled nearly $290.5 million in new January contracts, or 81% higher than the preceding January’s total of roughly $160.2
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