Long Island Construction Law does not own this content. This content was created by Governor Hochul’s Press Office. To view the full press release, please click here.  Governor Hochul: “The South Fork Wind Project is nothing short of a triumph of New York ambition. It’s a truly momentous occasion for this clean energy announcement, and I’m proud to state that the rest of the nation is watching. And this will serve as a beacon for the rest of the nation, a statement to everyone of what is possible, and this will be emulated time and time again.” Hochul: “New York is ready to meet this mom ..read more

The Law Offices of John Caravella, P.C. does not own this content. This content was created by COMMERCIAL OBSERVER CONTENT STUDIO . To view the full article, please click here. Something’s happening with the industrial sector on Long Island, and some of the most established names in commercial real estate are taking notice. While historically known as an underserved market for the sector, industrial activity on Long Island has been ramping up to record levels over the past year. According to a report by JLL (JLL), 1.1 million square feet of industrial was leased in Q2 of this year ..read more

Long Island Construction Law does not own this content. This content was created by David Winzelberg , and was published to the Long Island Business News on March 11th, 2024. A panel of Long Island construction industry executives said the sector continues to be challenged by the area’s plodding entitlement process and rising insurance costs.  More than 225 people came to hear the panel at the event titled “Challenges in a Changing Construction Environment,” hosted by the Real Estate Institute at Stony Brook University College of Business on Friday, March 8 at the Heritage ..read more

When it comes to subcontractor agreements, there are numerous types of agreements that might be used and the fine print in these agreements can be crucial. Some documents, such as the American Institute of Architects (AIA) 401 and the Associated General Contractors of America (AGC) Form 640 serve as standard forms of agreement. However, subcontract agreements may also be drafted by contractors, subcontractors or architects. Regardless of the format or author of the agreement, the following typical and general provisions should be included in most subcontracts to avoid litigation over what th ..read more

Long Island Construction Law does not own this content. This content was created by The Associated Press, and was published to the Long Island Business News on March 5th, 2024. To view the full article, please click here.  Renovations to Belmont Park are expected to pave the way for the racetrack to host the Belmont Stakes in June 2026. New York Gov. Kathy Hochul unveiled a construction timeline Monday that includes the $455 million project being fully completed by fall of that year, which could allow the Breeders’ Cup to return to the remade New York track as soon as ‘26, if not long af ..read more

The Law Offices of John Caravella, P.C. does not own this content. This content was created by Kevin Oklobzija Of The Rochester Business Journal, and was published to the Long Island Business News on 2/22/2024. To view the full article, please click here. New York State is making $60 million available to assist municipalities in efforts to transform blighted buildings into residential, commercial and mixed-used developments. The Restore New York grant program supports efforts to demolish and/or rehabilitate dilapidated structures as a way to revitalize downtowns and drive economic growth. “T ..read more

Long Island Construction Law does not own this content. This content was created by David Winzelberg , and was published to the Long Island Business News on 2/9/2024. To view the full article, please click here. Construction employment on Long Island saw a year-over-year decrease for the seventh straight month in December, according to a new report from the Associated General Contractors of America.  Nassau and Suffolk counties lost 4,500 construction jobs from Dec. 2022 to Dec. 2023, a 5 percent year-over-year drop, falling from 82,800 to 78,300, the AGCA reports.  T ..read more

January 18, 2024 – Governor Kathy Hochul today announced Smithtown-Kings Park as the Long Island winner of the seventh round of the Downtown Revitalization Initiative, receiving $10 million, as well as Brookhaven-North Bellport and Mineola as this year’s Long Island region NY Forward winners, receiving $4.5 million each. For Round 7 of the Downtown Revitalization Initiative, each of the state’s 10 economic development regions are being awarded $10 million, to make for a total state commitment of $100 million in funding and investments to help communities boost their economies by transforming d ..read more

LI Construction Law does not own this content. This content was created by Gus Hadidi, and was published to the Long Island Business News on 1/11/2024. To view the full article, please click here. There is now a $650-million-dollar wind turbine blowing off the South Fork of Long Island. It is from the first of 12 turbines now sending 22 megawatts into the region’s power grid. When the other 10 turbines are online, the South Fork Wind Farm will be supplying 132 MW—enough electricity to power as many as 70,000 homes. Experts say much of it will be directed to the Hamptons, where electrical use ..read more

Long Island Construction Law does not own this content. This content was created by David Winzelberg and was published to the Long Island Business News on January 4th, 2024. Construction employment on Long Island decreased for the sixth straight month in November, according to a new report from the Associated General Contractors of America.  Nassau and Suffolk counties lost 4,000 construction jobs from November 2022 to November 2023, a 5 percent year-over-year drop, falling from 83,700 to 79,700, the AGCA reports.   The decline in construction jobs on Long Island ..read more