building permits

Demand for Manhattan Condos Evident as Highest-Ever Asking Price Hits $110 Million

The latest proof that demand for Manhattan condos is reaching new heights can be found, appropriately enough, on the 58th floor summit of the Woolworth Building—once the tallest skyscraper in New York City. The asking price issued by developers for the 8,975-square-foot penthouse is $100 million, the highest ever recorded in downtown Manhattan. It’s a […]

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Multifamily Residential Construction Surges Nationwide

Significant increases in multifamily residential construction are fueling improvements in the building industry in communities throughout the United States. Increased production of multifamily apartment units formed the basis of this surge in nationwide residential construction, according to sources that include the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Government sources

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