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New Jersey’s Christie Plans to Continue School Construction

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 [...]

January Housing Starts Reach A Six Month Record

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 [...]

Home Builder Reports Profits!

Lennar, one of the top five home builders in the nation , actually reported the first quarterly profit since 2007.

November Housing Starts, Multifamily Leads The Way

Multifamily housings starts reverse October’s decline

Housing Starts Pull Back To Aprils’ Levels

Housing starts post the steepest drop since April

N.J. Transit breaks ground for ‘missing link’

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.

Fewer Tchotchkeies From Builders

Builders are cutting back on some of the more extravagant freebies

Public Construction Up, Private Down

July’s increase of 1.0 percent to $321.75 billion, marks the highest on record.

WTC Project Going Nowhere Fast

Gov. Peterson gets involves himself in the WTC negotiations between Silverstein Properties and the Port Authority of New York and New Jersey

New-Home Construction Increasing

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 [...]

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