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News Releases

First Half 2019 Commercial and Multifamily Construction Starts Show Varied Pattern by Top Metropolitan Areas

Sep 16, 2019

By Dodge Construction Central Data & Analytics

During the first half of 2019, six of the top ten U.S. metropolitan markets for commercial and multifamily construction starts ranked by dollar volume registered greater activity compared to a year ago, according to Dodge Data & Analytics. Of the top twenty markets, thirteen were able to register gains. At the U.S. level, the volume of commercial and multifamily construction starts during the first half of 2019 was $101.4 billion, down 6% from last year’s $107.4 billion.

The New York NY metropolitan area, at $15.0 billion, maintained its longstanding number one ranking by dollar volume, although it settled back 8% from a year ago. Several very large projects had boosted New York’s first half 2018 total, including the $1.8 billion Spiral office tower in Manhattan’s Hudson Yards district. The first half of 2019 also witnessed groundbreaking for several very large projects, such as the $1.1 billion TSX Broadway Hotel project in Times Square, yet this year’s lift from very large projects was slightly less than what took place during 2018."

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Want us to share your news or article? Contact Courtney Smyser at courtney@ceacisp.org.   

Akron Construction Company Owner Sentenced to 3 Years in Prison for Employee's Death in a Fall

Sep 16, 2019

This news article is by By Stephanie Warsmith from the Akron Beacon Journal.

On his first day working for a local contractor, Gerardo “Jerry” Juarez was excited about his new job.

On his second day, the Akron man fell off the third-story roof he was repairing, receiving fatal injuries.

James D. Coon, the owner of the company Juarez worked for, failed to provide safety equipment to Juarez that could have prevented his fatal plunge in November 2017.

“He knew his responsibility — and still neglected to follow those rules,” Mison Woo, Suarez’s wife, said tearfully Friday afternoon following Coon’s sentencing."

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Want us to share your news or article? Contact Courtney Smyser at courtney@ceacisp.org.   

 

Can You Serve a Notice of Furnishing Too Early? Maybe . . .

Sep 10, 2019

By Melissa A. Jones, Frantz Ward 

Construction project liens are critical. They can secure payment. They directly impact payment negotiations and bargaining positions. However, compliance with Ohio’s lien laws can be tricky. One mistake can be fatal.

Recent developments in Ohio’s notice of furnishing (“NOF”) requirements illustrate the complexities of lien law. If a NOF is required, the lien claimant must serve the NOF within 21 days of the claimant’s first date of project work or supply. In 2010, Ohio’s Twelfth Appellate District determined that a NOF served one day before the lien claimant’s first date of project work was invalid, which, in turn, invalidated the mechanic’s lien. See Halsey, Inc. v. Isbel, 2010-Ohio-2052 (12th Dist.). 

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Want us to share your news or article? Contact Courtney Smyser at courtney@ceacisp.org.   

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