Major Reforms at NYC Departments of Buildings

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In 2014, construction spending exceeded $32 billion for the first time ever, and the surge in luxury unit prices outpaced the overall market.

Rick Chandler, commissioner of the New York City Buildings Department, discusses plans to overhaul and upgrade its technology to meet the demands of the 21st century construction industry. This includes a new initiative that will keep tenants informed of the projects in their buildings.