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Features - January 2006

Regional Outlook

Market Pegged for Downslide But N.Y.C. May Be Up
After outpacing the nation in 2005 construction starts, New York, New Jersey, and Connecticut are expected to pull back this year, though New York City may defy the trend.

National Outlook

Construction Starts Still on the Rise in 2006
New housing construction may cool this year, but the rest of the industry is staying active. With high hopes in the hotel, office, school, health-care, and public-works sectors, the construction industry is primed for another record year.

Residential on a Roll

Multifamily Housing Construction Still Active
The threat of a slowdown in residential development has yet to dampen activity in the New York, New Jersey, and Connecticut region. Developers and contractors are expecting a soft landing at worst.

Competitive Market

Building Developers Adjust to Shifting Economics, Intense Competition
The marketplace for developing new projects is shifting gears in New York, New Jersey, and Connecticut as competition and costs climb and available sites become scarcer.

Keeping Tabs on the Developers

Following the moves of New York, New Jersey, and Connecticut developers reveals a dynamic real estate market. We created snapshots from a survey that building developers responded to last fall and from other primary sources.

Upstate Infrastructure

Rochester's Troup-Howell Bridge Gets Major Makeover
A primary transportation link for downtown Rochester undergoes a complete reconstruction - and a switch from a plate girder structure to a soaring suspension arch.


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