‘Building’ Up Brooklyn’s Economy
On May 14, 2012, the New York Post reported that new building permits in Brooklyn increased by 62% in the first four months of 2012 as compared with the same time period in 2011. Majority of the increase was the result of more than 350 new housing undits underway in neighborhoods like Williamsburg and Bedford-Stuyvesant.
| Source: New York Post- May 14, 2012 |
Permits Climb as Developers Up Their Bets
On May 5, 2012, the Wall Street Journal reported that Manhattan is starting to shake “Its construction doldrums,” as result of the country’s economic crisis, after seeing a 169% spike in new building permits in the first four months of 2012 as compared with the same time period in 2011.
| Source: Wall Street Journal – May 5, 2012 |
DOB Unveils New Construction Safety Program
On April 24, 2012, the Brooklyn Daily Eagle reported that the Department unveiled a new program at its 2012 Build Safe/Live Safe conference to increase safety, 3D Site Safety Plans. The new program will allow Department inspectors to take a virtual, step-by-step tour of how a new building or major renovation will be constructed, visualize its complexities and challenges and review critical safety measures. The Real Deal also picked up the story.
| Source: The Brooklyn Daily Eagle – April 24, 2012 |
NYC Sees Biggest Building Permit Rise Since Crash
On March 6, 2012, Crain’s New York Business reported that construction permits were up 14% in the first two months of 2012 from the same time period last year and demolition permits, a sign of developments coming down the pipeline, were up 36.7% during the same time frame. The Real Deal and the Huffington Post also picked up the story.
| Source: Crain’s New York Business – March 6, 2012 |
On February 6, 2012, the Wall Street Journal wrote about the Department’s new Construction Information Panel Pilot Program, which encourages contractors and building owners to consolidate permit postings and contractor signage into one informational panel, making it easier for New Yorkers to learn about an ongoing construction project.
| Source: Wall Street Journal – February 6, 2012 |
