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OSHA Announces 2021 Citation Penalty Increase

Construction Junkie

Serious, Other-Than-Serious, and Posting Requirements: $13,653 (up from $13,494 in 2019) Failure to Abate: $13,653 (up from $13,494) per day after due date Willful or repeat: $136,532 (up from $134,937) OSHA assesses penalties based upon a combination of the severity and probability that a jobsite injury might occur.

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Could Gen Z Be the Dark Horse in a Recovering Real Estate Market?

Pro Builder

Of those survey respondents, 68% of Gen-Zers viewed homeownership as a way to build wealth, compared with 60% of Millennials, and though Gen-Zers accounted for an average of just 10% of homebuyers in the 50 largest U.S. metros in 2021, their time is coming soon, Insider reports. Read more Demographics Market Data + Trends Demographics

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ReportL 2020 Sees Dip in Tall Building Completions

Construction Junkie

While 2019 broke the record for most supertall buildings , defined as 300 meters or more in height, it saw a 13.7% 2020 continued the trend of less tall buildings, with a 20% decline versus 2019, but that shouldn’t be all that surprising given the year we had last year. 133 in 2019), with 21 of those being supertall buildings.

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Increasing Home Values Lift 1 Million Homes from 'Underwater' Status

Pro Builder

million at the end of 2019. They now account for 34.4% at the end of 2019. They now account for 34.4% at the end of 2019. There remain pockets of the country where housing debt-traps are widespread. Now, with home values up, there remains 2.25 million underwater homes, but it’s down from 3.5

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Millennials Are a Driving Force for the Market's Rebound

Pro Builder

Early last year, Millennials became the first group to account for more than half of all new home loans. From 2015 to 2019, the amount of Millennial homebuyers jumped by 32%. As a generation once viewed as reluctant to buy, Millennials’ influence is growing and helping the housing market’s rebound, according to Realtor.com.

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Making Sense of the Construction Tax Landscape

Viewpoint Construction Technology

One of the biggest challenges that contractors’ finance and accounting departments face is keeping up with all of the ever-changing tax regulations, incentives and procedures. Manage the company’s cash effectively to account for future downturns. A Tax Review. In the kickoff event, held Feb. 5 in San Francisco.

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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

Both programs have been extended until July 1, 2019. Several senior executives as well as finance, accounting, retail operations and other administrative groups are among the 175 jobs to be relocated to the Garden State. It can also apply to projects that have a below-market development margin or rate of return.

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