You will be redirected in 15 seconds, or continue now.

Close Stay up-to-date with
Observer.com Newsletters
Sign up for Observer Newsletters!
RSS Feed
The New York Observer

Report: Home Construction Spending to Slow

View Story On One Page View Story On One Page Print This Story Print This Story Share This Story Share This Story
October 16, 2007 | 4:11 p.m

Crain's has the skinny on a New York Building Congress report that says that the pace of construction spending in New York City will slow in the next few years. Housing construction will slow the most--not surprising, one would think, given both the sluggish pace of sales in some parts of the city, a recent spate of foreclosures, and the tightening mortgage markets.

Post a Comment The Discussion