NYC residential building construction up
Residential building construction rose in 2011 by 33 percent across the five boroughs, according to a New York Building Congress analysis of U.S. Census data released today.
The city’s Department of Buildings issued permits for 8,936 new residential units in 997 buildings in 2011, up from 6,727 units in 1,074 buildings in 2010. This is still appreciably below the 2008 peak, when permits for 33,911 units in 2,434 buildings were issued, the report says.
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