- Published: Monday, 31 August 2015 17:40
- Written by Administrator
Residential building, at $288.5 billion (annual rate), advanced 4 percent in July. In similarity to recent months, the main residential push in July came from multifamily housing, which surged 21 percent. July included the start of 16 multifamily projects valued each at $100 million or more, led by the following – a $468 million apartment building in Long Island City, N.Y., a $445 million condominium building in New York, and a $358 million multifamily building in Miami.