East Harlem business owners tell the Post that ongoing MTA construction near them is choking foot traffic and revenue — a reminder that community relations plans matter as much as the schedule on transit jobs. nypost.com
New York regulators approved a 90-mile transmission line, adding one more high-voltage corridor to the state's grid buildout that heavy-civil and utility contractors will be chasing for years. utilitydive.com
A small upstate town concluded its local moratorium can't block what would be New York's largest data center, clearing the way for a project that will need a serious construction workforce. syracuse.com
Bisnow reports rising material and labor costs are squeezing margins across U.S. construction projects broadly, echoing what estimators on our own bid board are already seeing in tighter spreads. bisnow.com
Farrell Fritz and partners arranged a $120 million construction loan for a New York City project, another sign construction lending is still moving for well-positioned borrowers. law360.com
Permits were filed for 53 West Fordham Road in University Heights, the Bronx, adding one more filing to the borough's active permit pipeline. newyorkyimby.com
Staten Island officials are actively courting developers for a downtown revitalization plan, an early-stage push worth watching before it becomes an RFP. therealdeal.com
Commercial Observer notes construction lenders are being more selective, meaning strong sponsors with clean track records are finding financing easier than the market overall suggests. commercialobserver.com
BHI closed a $71.5 million construction loan for a 250-unit multifamily project in Bayonne, New Jersey, another data point in the region's active multifamily lending market. yieldpro.com