The Issues that Forecast a Down Market for NYC Construction Industry

Two important media pieces highlight a state of affairs in the construction industry in NYC that point to a “lackluster” building environment caught up in regulations, a struggle over new developer incentives, and the plunge in commercial real estate market.

“The Tax Break New York Relied on to Build Housing Is Gone” (NYT, Jan. 28, 2024) delves into the law that expired in 2022 and the vigorous debate on incentives to get a replacement law that stimulates future development.

The 60 Minutes episode, “Hybrid work leaves offices empty and building owners reeling” (aired Jan. 15, 2024), covers the radical transition that has rocked the foundation of commercial real estate.

You can read the full New York Times article (behind a subscriber paywall).

yorkmbd2024-02-29T14:41:57-05:00February 29th, 2024|

ALS Acquires YORK — CEO’s Share Key Drivers and Client Benefits
York Analytical has joined a global leader in environmental testing solutions, ALS Limited, enabling ALS to accelerate growth of their environmental testing services in the Northeast United States.
York Analytical Acquired By ALS Limited to Create Dynamic Northeast U.S. Environmental Laboratory Operation
ALS significantly expands its existing laboratory services in Northeast United States with addition of York facilities and teams in NY, CT and NJ
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York Analytical Laboratories is now officially licensed by State of Massachusetts Department of Environmental to perform PFAS analysis in potable water by EPA method 537.1.
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Lidya Gulizia Retires, a York “HOF”
Client Services Director Lidya Gulizia, a York Analytical “hall of famer” is retiring at the end of February, and we want to salute her contribution to York’s expansion and the great work she did for clients and internal teams.