The top ten metro New York residential builders in 2011 as reported in the June 2012 issue of Builder Magazine were:
Local Leaders Rank 3New York/Northern New Jersey/Long Island, N.Y./N.J./Pa., Total Permits: 10,391
|Top 10 Total Market Share||2,053||19.8%|
|6||The Engel Burman Group||130||1.3%|
|7||The Beechwood Organization||112||1.1%|
|8||Extell Development Co.||95||1.0%|
|9||Timber Ridge Homes||92||.9%|
|10||American Properties Realty||88||.8%|
The Department of Buildings will be continuing its efforts to make construction faster this summer by expanding e-filing to Alt 2 and Alt 3 permits. Currently, e-filed Alt 1 permits are processed 2.5 times faster than regular filings. DOB has also opened online registration for Special Inspection Agencies (formerly controlled inspections). After November 13th, only registered agencies will be able to get new jobs permitted.
Under the heading of the City giveth, and the City taketh away: the Court of Appeals this week in Zheng v. NYC decided that the City could stop funding Advantage Program rental assistance for the homeless despite guaranteeing five years of aid. The program description of five years guaranteed aid was not a contract with landlords, according to the court. The City abandoned the program when State aid for it was eliminated in 2011. About 15,000 tenants, and their landlords, were cut off.
Finally, Eugene Giscombe, speaking at the ABO/NRC lunch this week, said the latest Harlem renaissance is being driven by the middle class actually moving uptown – something that was predicted but not realized in the other boomlets of recent decades.