Performing a build-out on historic land has its challenges. Aside from the typical constraints that contractors have on any project, historical land comes with its own set of rules. For example, the land has to be registered as historic property with the state. With that registration, the outside of the building cannot be touched. Guidelines for the interior must be followed to the letter, with some or most of the original architecture remaining in place. This feat is being taken on by project management firm Jaime Partners. The company’s mission is to collaborate on a renovation of The Old Police … Read more

NEW YORK, N.Y. — The Dodge Momentum Index fell 4.8 percent in January to 121.1 (2000=100), down from a revised 127.2 in December, according to Dodge Data & Analytics. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. During the final three months of 2014, the Momentum Index had jumped 11.7 percent, so while January’s 4.8 percent drop showed decreased activity relative to December, it was still in line with the moderate, if at times … Read more