Commercial and multifamily starts in the NY-NJ region totaled $30.9 billion in 2019. However, the New York metro region’s rate of growth eased in 2019 to 5% from a 13% gain in 2018, according to the report.
source https://feeds.feedblitz.com/~/618078128/0/globest/new-york~Commercial-Multifamily-Construction-Starts-in-NYNJ-Market-Totaled-B-in/
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