Concrete Superstructures Inc.

01/04/2019

https://www.latimes.com/business/la-fi-manhattan-home-prices-20190103-story.html?outputType=amp

Manhattan home prices fell in the fourth quarter, with the median slipping to less than $1 million for the first time in three years, as ample inventory allowed buyers to demand sweeter deals.

12/03/2018

11/26/2018

https://www.wsj.com/articles/u-s-pension-funds-turn-to-riskier-real-estate-bets-1543233600?mod=hp_lead_pos3

Funding shortfalls see large U.S. public pension funds turning to opportunistic investments, which often involve overhauling something that retirement systems hope to sell at a profit, sometimes taking on debt to finance construction.

11/22/2018

Happy thanksgiving from our CSI family to yours 🦃🍽🍁!

11/14/2018

https://therealdeal.com/2018/11/13/toby-moskovits-launches-100m-opportunity-zone-fund/

Toby Moskovits’s Heritage Equity Partners is the latest developer to seek opportunities in Opportunity Zones, launching a $100 million fund that will

11/13/2018

Thank you to all our veterans!

11/07/2018

https://www.marketwatch.com/story/construction-wage-gains-hit-9-year-high-as-builders-woo-workers-with-30-per-hour-pay-2018-11-02

Annual wage increases for construction workers hit the highest since 2009 in October, even as hiring has been increasing, a signal that the most basic premise of economics has been proven out.

10/30/2018

https://www.constructiondive.com/news/carpenters-union-related-strike-deal-for-hudson-yards/540675/

The developer of the $25 billion project in Manhattan said the agreement secures millions of man-hours for the New York City District Council of Carpenters, at rates that are up to 10.5% lower than the prevailing wage rate.

10/23/2018

https://www.globest.com/2018/10/23/new-opportunity-zone-rules-makes-rehab-projects-more-affordable/

All of the answers provided by the Treasury Department illustrated the larger point that the government wants this program to work says Charles Clinton.

10/19/2018

https://www.bisnow.com/national/news/capital-markets/irs-opportunity-zone-guidelines-released-need-advice-94126?rt=63893

The IRS and Treasury Department finally released the long-awaited guidelines for investing in Qualified Opportunity Zones, but they are unfinalized proposals.

10/15/2018

https://www.constructiondive.com/news/skanska-wins-contract-for-massachusetts-triple-a-ballpark/539633/

The preconstruction/design contract includes the up to $90 million, 10,000-seat stadium, which is part of a $240 million downtown Worcester development plan.

10/15/2018

https://www.forconstructionpros.com/profit-matters/press-release/21026957/associated-general-contractors-of-america-double-digit-increases-in-commonlyused-construction-materials-boost-construction-materials-prices

Fuel, metal and asphalt costs increase by double digits as labor costs continue to rise