City sees highest number of new building permits in years

The number of building permits issued in New York City for new homes last year jumped to the highest levels since 2015. Permits were issued for 26,547 units of housing in 2019, a roughly 27 percent increase from 2018, according to the Wall Street Journal, citing preliminary data from the U.S. Census Bureau. It marked the second-highest total since the last major building boom ended in 2008. The rise in permits reflects optimism about the

source https://therealdeal.com/2020/02/03/city-sees-highest-number-of-new-building-permits-in-years/