Category Archives: construction

SOM’s New Concrete Skyscraper Rises in Kuwait

Skidmore, Owings & Merrill has recently added a new landmark to the skyline of Kuwait City: the Al Hamra Firdous Tower, now the tallest building in the country, peeks through the clouds with its quarter-mile-high torqued form. Unless record height … Continue reading

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Architect Returns to Drawing Board

Last spring, developer Related Cos. became disenchanted with the design of the first phase of Hudson Yards, the gargantuan project on top of a train storage yard along the Hudson River. The original design of Hudson Yards had three straight … Continue reading

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U.S. architecture billings index up in October

October ABI up 2.5 pts to 49.4 * New projects index up 3 pts to 57.3 * AIA says demand for architects’ services volatile * New projects index up 3 pts to 57.3 * AIA says demand for architects’ services … Continue reading

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Boost to real estate and construction 9-12 months away?

Architects, along with land planners and civil engineers, are involved in the beginning stages of a project, so they are among the first to feel a recession — and a recovery. It’s too early to say whether a recovery is … Continue reading

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NY building costs rise and jobs drop

Declining vacancy rates seen as offering some hope of a possible pick up in construction down the road. Costs climb as much as 3.6% in year, while employment falls 3%.  Rising materials prices and higher wages set by new labor … Continue reading

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Recession, Stage II

While the economy has stabilized in some regards, architects are still suffering. Just when it seemed that the architecture industry might be pulling out of its tailspin, some key economic indicators are suggesting that a recovery might take longer than … Continue reading

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Manhattan office leasing volume hits 13-year highs

Activity in first half of year soars 40% over 2010 level and in May and June sets a new record; in good news for tenants, rent increases are still seen as modest. Leasing activity in Manhattan in the first half … Continue reading

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Unions agree to wage cut on major project

Reduction of 20% pledged for construction of over 500 affordable-housing units at planned block-long project on Eleventh Avenue; similar deal eyed for Brooklyn’s Atlantic Yards. New York construction unions have reached an agreement to cut the wages of members working … Continue reading

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