The recent rise in skyscrapers in the New York area has impacted several aspects of the construction industry.
The Council on Tall Buildings and Urban Habitat Journal has seen increases in luxury residential construction, slenderness aspect ratios and building in new, "fringe" locations like Brooklyn, Queens, and Jersey City.
The publication has an interactive map of tall New York buildings (at least 100 meters high) that are recently completed or under construction.
“The current boom demonstrates New York’s persistence as a magnet for capital, and its standing as the ultimate skyscraper laboratory over time,” the CTBUH said on its website.
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New data shows low construction prices may soon be coming to an end
New federal data released recently shows sharp increases in the prices of key construction materials like diesel, copper and brass mill shapes likely foreshadow future increases in construction costs, the Associated General Contractors of America said. The new November producer price index (PPI) report from the Bureau of Labor Statistics provide the strongest indication yet that construction prices are heading up, the association noted.
