Bloomberg reports that Governor Chris Christie New Jersey’s $12.5 billion school- construction program plans to continue the state’s $12.5 billion school- construction program .
The program, one of the largest in the nation, has reportedly cost the city 7.9 7.9 billion in borrowed funds since 2007. The New Jersey economic development authority plans to issue [...]
On Wednesday’s Commerce Department reported that housing starts in January rose 2.8 percent to a seasonally adjusted annual rate of 591,000.
NEW RESIDENTIAL CONSTRUCTION IN JANUARY 2010
The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential
construction statistics for January 2010:
BUILDING PERMITS
Privately-owned housing units authorized by building permits in [...]
Lennar, one of the top five home builders in the nation , actually reported the first quarterly profit since 2007.
Multifamily housings starts reverse October’s decline
Housing starts post the steepest drop since April
New Jersey Transit started construction of a $40 million train station to connect the east-west Atlantic City Line and the north-south River Line.
Builders are cutting back on some of the more extravagant freebies
July’s increase of 1.0 percent to $321.75 billion, marks the highest on record.
Gov. Peterson gets involves himself in the WTC negotiations between Silverstein Properties and the Port Authority of New York and New Jersey
Despite high unemployment and general concerns of too much existing inventory, new-home construction appears to be rising.
According to Friday’s report from the U.S. Commerce Department, construction of new homes rose 3.6 percent in June compared to May. Building permits climbed 8.7 percent, and single-family home starts jumped 14.4 percent to 470,000, after rising 5.9 percent [...]
