Handyman Insurance, Building Permits in New York City Rise for Sixth Year
Building permits issued in New York City rose for the sixth consecutive year, according to an analysis of data by the New York Building Congress.
Permits authorizing construction rose 156% in Fiscal Year 2015 (July 1, 2014 – June 30, 2015) compared with FY 2014 with 52,618 permits issued for residential units in the just ended fiscal year, according to NYBC analysis of U.S. Census data
The number of permits rose in each of the five boroughs, but Brooklyn experienced a 225% increase with 23,326 dwelling units authorized for construction in FY 2015, compared to 7,181 in FY 2014.