New York City is building again. Construction spending is forecast to reach $79.8 billion in 2026, up $10 billion from last year, according to the New York Building Congress, with $242.9 billion expected over the three years through 2028. Housing is driving the boom, and the next five years look strong — if the policy winds hold. Housing Leads the Way Residential work is the engine: nearly $27 billion in 2026, and 64 percent higher over 2026–2028 than the previous three years. Permits are expected for roughly 31,500 new homes this year — up from 19,724 in 2025 — rising … Continued
How AI Can Positively Transform the Construction Industry
Construction has always been an industry built on experience, hard hats, and tight deadlines — and, too often, tight margins. Artificial intelligence is now giving builders a powerful new tool: the ability to see problems before they happen, plan with far greater precision, and keep workers safer on every job site. Safer Job Sites AI-powered cameras and sensors can spot hazards in real time — a worker without a helmet, an overloaded scaffold, a vehicle entering a restricted zone — and alert supervisors instantly. Wearable devices track fatigue and heat stress, while predictive models flag the riskiest tasks before anyone … Continued