Vornado announces senior management shakeup, cost cutting
Vornado Realty Trust announced a series of senior management changes. The company also announced a $35 million annual overhead reduction program. Michael Franco, the Company’s...
Tag : spending
NYC hospitals to spend $6.3B in construction over next two years
New York City’s hospitals are expected to invest $6.3 billion on construction projects over the next two years, according to a new report. The massive...
Report: Institutional construction spending at $4.6B, highest since 2009
Schools and hospitals led a $4.6 billion construction spending spree in New York City last year. According to a new report from the New York...
Office demand driving New York’s $40B construction boom
With office building activity at a 25-year high, New York City construction spending is on course to break the $40 billion mark. Experts predict the...