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- Sep 30, 2022
Almost All Multifamily Developers Now Experiencing Construction Delays
By Paul Bergeron | September 30, 2022 at 08:17 AM NMHC survey shows that permitting, start delays, access to financing, and rising materials and labor costs key factors. A remarkable 90% of survey respondents reported construction delays, according to National Multifamily Housing Council’s monthly construction survey released Sept. 29, with permitting and start delays being the main culprits. A lack of availability in construction financing is also a rising concern —with 31%


- Sep 27, 2022
New Empire Corp. Celebrates Sales and Construction Milestones at New Lower East Side Development
by REW September 26, 2022 New Empire Corp. (NEC), a cutting-edge New York City development and construction management firm, today celebrated sales and construction milestones at their newest Manhattan development, 208 Delancey. So far this month, New Empire Corp. sold six units in the highly anticipated condominium building, which secured the building’s recognition as a top selling project according to Marketproof. Another eight condominium units were sold last month which a


- Sep 6, 2022
208 Delancey Street Completes Construction On Manhattan’s Lower East Side
BY: MICHAEL YOUNG AND MATT PRUZNICK 8:00 AMON SEPTEMBER 2, 2022 Rendering of 208 Delancey Street - Rendering by Filippo Bolognese Construction is complete on 208 Delancey Street, a 12-story residential building on Manhattan’s Lower East Side. Designed by ODA New York and developed by New Empire Corporation, the 85,000-square-foot structure yields 85 condominium units in studio to three-bedroom layouts with sales and marketing led by Compass. The property is located by the cor