Key finding from the latest New York Building Congress analysis of shovels in dirt: After a miserable start to the year in terms of kick-started construction projects in NYC (the first four months of 2009 were down 80% from 2008), May showed signs of rebound. "At $2.04 billion worth of new construction starts, May's total is roughly equal to the first four months of 2009 combined and far greater than the $712 million in construction starts in May 2008." [Building Congress]
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