Residential Building: Page 4

  • A person walks toward the door of the U.S. Department of Labor building.
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    Kate Tornone/Construction Dive
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    DOL: Pennsylvania subcontractor will pay $384K in back wages, penalties for violating H-2B rules

    The agency said a swimming pool builder failed to pay H-2B workers at the required wage rate and for their travel to and from the worksite.

    By Laurel Kalser • April 27, 2023
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    Douglas Rissing via Getty Images
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    Report: Prepare for a debt ceiling crisis

    J.P. Morgan recommends building owners have a cushion and try to refinance to prepare for potential economic shockwaves over the U.S. debt limit.

    By Leslie Shaver • April 26, 2023
  • The Catalyst building is constructed from 4,000 cubic meters of locally sourced mass timber Explore the Trendline➔
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    Courtesy of Michael Green Architecture
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    Trendline

    Modular construction's advantages, challenges come to the fore

    Recent modular solutions offer commercial builders more benefits than ever for offsite projects, proponents say. 

    By Construction Dive staff
  • A group of people in formal business attire and hard hats turn dirt on a construction jobsite
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    Courtesy of Lendlease/David Joshua Ford
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    Project Milestones

    Lendlease breaks ground on Brooklyn residential development

    As the Australian contractor starts its first for-rent multifamily complex in New York City, Google has hit pause on another of its major U.S. projects.

    By • April 26, 2023
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    Danielle Ternes/Construction Dive
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    Column

    The Dotted Line: How to craft contracts to avoid disputes and keep legal fees down

    Construction’s litigation claims and costs are among the highest of all industries. Here are strategies to keep damages in check.

    By • April 25, 2023
  • White apartments with palm trees and a road in the foreground.
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    Permission granted by Summit Contracting Group
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    The country’s top 25 apartment builders

    Summit Contracting Group topped the National Multifamily Housing Council’s ranking, reflecting the company's growth and an active period for the sector, said President Marc Padgett.

    By Leslie Shaver • April 19, 2023
  • A white building with two terraces flanking a room with large windows and white furniture.
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    Permission granted by Naftali Group/DBOX
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    Madison Avenue tower’s quadruplex penthouse sells for $67.8M

    The Bellemont, designed by Robert A.M. Stern Architects, comprises 11 sold-out units on New York’s Upper East Side.

    By Mary Salmonsen • April 17, 2023
  • Employees walk in front of a sign outside of the shuttered Silicon Valley Bank headquarters.
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    Justin Sullivan via Getty Images
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    Deep Dive

    4 ways that recent banking failures will impact the multifamily sector

    After the collapse of Silicon Valley Bank and Signature, multifamily borrowers could face challenges finding construction debt and loans from smaller lenders.

    By Leslie Shaver • April 13, 2023
  • A rendering of the front of a green building at street level.
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    Permission granted by MdeAS Architects
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    NYC’s McGraw-Hill building slated for residential conversion

    The $100 million project will transform the office tower’s upper floors into 224 luxury residential units, among other improvements.

    By Mary Salmonsen • April 5, 2023
  • Lumber supplies sit on shelves in a construction supply store.
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    kali9/E+ via Getty Images
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    Uncertainty, lack of financing slow multifamily construction

    Material prices are also a problem for apartment developers, but they are growing at a much slower pace than a year ago, according to a new survey.

    By Mary Salmonsen • April 4, 2023
  • Two people on a carousel, smiling in each others' direction.
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    Permission granted by Liane Hentscher/HBO
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    Abandoned mall from ‘The Last of Us’ to gain new life as mixed-use destination

    Northland Village Mall in Calgary, Alberta, will be converted into an open-air shopping center and 229-unit multifamily development.

    By Mary Salmonsen • April 3, 2023
  • Close-up of a gloved worker fixing pipes on a heating system.
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    Vasil Dimitrov via Getty Images
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    Q&A

    Angie’s List co-founder: It doesn’t take a ‘tidal wave shift’ to tackle labor crisis

    Angie Hicks, chief customer officer of the home services review site now known as Angi, spoke to Construction Dive about the educational and cultural shifts that construction needs.

    By • March 23, 2023
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    Avosb via Getty Images
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    Defunct Katerra sues former CFO for bonus

    The failed Softbank-backed startup is alleging its former CFO is obligated to pay back his signing and relocation bonuses amid intensifying scrutiny of executive compensation.

    By Grace Noto • March 22, 2023
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    Justin Sullivan via Getty Images
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    Opinion

    Will banking woes drag down commercial real estate?

    Given the current economic climate, the dominant outlook is that things might get worse, but there is a silver lining, writes proptech executive David Bitton.

    By David Bitton • March 21, 2023
  • office of Silicon Valley Bank
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    Justin Sullivan/Getty Images via Getty Images
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    Bank failures cause uncertainty for contractors

    The collapses of Silicon Valley Bank and Signature Bank could weaken this year’s outlook for commercial real estate and construction, an economist said.

    By • March 16, 2023
  • A building with white tags on all of its windows. A piece of construction equipment is parked nearby.
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    Permission granted by Bozzuto Construction
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    Q&A

    How multifamily builders are getting ahead of inflation

    Bozzuto Construction’s newly minted VP advocates for the use of 3D modeling tech to increase efficiency.

    By Mary Salmonsen • March 15, 2023
  • A panoramic shot in New York City shows construction cranes dotting the skyline.
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    Alex Potemkin/E+ via Getty Images
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    ‘We’re not going to have one’: AGC economist dismisses a 2023 recession

    A strong U.S. economy should fend off recession concerns this year, said Ken Simonson, chief economist for Associated General Contractors of America.

    By • March 7, 2023
  • A lone wheel barrow stands on an abandoned construction site.
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    wilpunt / iStock / Getty Images Plus via Getty Images
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    Construction starts plummet 27%

    The latest monthly numbers fell dramatically and were down 14% from a year ago, but market watchers say fundamentals are still strong.

    By • Feb. 22, 2023
  • Workers wearing safety gear and hard hats use a large machine to work with cement mixtures in front of a brown, brick home.
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    Scott Olson via Getty Images
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    Residential contractors see a rebound on the horizon

    Easing mortgage rates caused builder confidence to jump for the second consecutive month, according to the National Association of Home Builders.

    By • Feb. 16, 2023
  • A rendering shows a planned mass timber student housing building.
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    Courtesy of Turner Construction
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    Project Wins

    Turner Construction, Clark Builders win $54.5M mass timber student housing project

    The facility at the University of Fraser Valley near Vancouver is being funded to a large degree by the province of British Columbia.

    By • Feb. 14, 2023
  • An apartment building under construction.
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    CHUNYIP WONG via Getty Images
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    How multifamily developers are keeping the construction pipeline flowing

    Panelists at the NMHC Apartment Strategies Conference offered a glimpse at their 2023 strategies.

    By Multifamily Dive Staff • Feb. 3, 2023
  • Statue of Liberty and New York City Skyline with Manhattan Financial District, Battery Park, Water of New York Harbor, World Trade Center, Sail Boat and Dramatic Orange and Blue Sunset Sky with Clouds
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    OlegAlbinsky via Getty Images
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    Top 10 metros for construction starts

    Even when adjusted for inflation, commercial and multifamily starts were robust in 2022 as projects moved back toward urban cores, according to a new report.

    By • Feb. 2, 2023
  • A 3D-printed home module is being slowly let down by an industrial machine that has straps around the building. It's a sunny day in a residential area.
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    Courtesy of Mighty Buildings
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    Q&A

    Why 3D printing is still flat in commercial construction

    Building codes — not capabilities or design — are holding the technology back, according to an engineering firm executive.

    By Chris Wood • Feb. 1, 2023
  • New homes construction site. Framed houses. Lumber. Building. - stock photo.
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    fstop123 via Getty Images
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    ‘Recession is underway’ for home builders

    The downturn will expand to the rest of the U.S. economy this year via slowing economic output and rising job losses, the NAHB’s chief economist said Tuesday.

    By • Feb. 1, 2023
  • Wood-framed apartment building under construction.
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    Maudib via Getty Images
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    3 reasons why labor, material and land prices may ease for multifamily developers

    The cost of building new apartments should moderate this year, experts say.

    By Leslie Shaver • Jan. 24, 2023
  • Gov. Phil Murphy signs legislation
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    Courtesy of Office of Gov. Phil Murphy
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    NJ law allows contractors to use private inspections

    The law codifies a three-day inspection turnaround and allows developers to contract with private agencies if local officials cannot do so in that time frame. 

    By • Jan. 23, 2023