Monthly Archives: October 2013

What is the air worth? An average of $181 per square foot, according to a Furman Institute study of arms length air right sales in the five boroughs. Seventy percent of the transactions were for less than 20,000 square feet, … Continue reading →

Spending more for your buildings and getting less for it? You are not alone, according to the latest Construction Outlook Update from the Building Congress. In a generally rosy report on construction spending — residential building increased from a $5.3 … Continue reading →

Manhattan rents are flat, Brooklyn rents and sales prices are both up more than 10 percent  September to September and Queens is about to become the new Brooklyn according to appraiser Jonathan Miller. Adding fuel, the City Council this week … Continue reading →

Backflow prevention devices to keep building wastes and chemicals from entering the drinking supply have been required for years, but new buildings will need them to keep sewage out under legislation enacted Wednesday. In another action driven by the lessons … Continue reading →