article thumbnail

Resorts World New York City launches bid for $5B development

Construction Dive

The racetrack casino in Queens will create a full “Las Vegas-style” gaming complex — if the New York State Gaming Commission awards it a highly competitive license.

New York 154
article thumbnail

New York City will reform construction bid process

BD+C

After studies found that municipal building projects in New York City took far longer and were more costly than similar projects in the private sector, city officials will unveil a plan to reform the bidding process, Crain’s New York reported.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New York City's Exodus Creates 'Insane' Demand in Suburban Counties

Pro Builder

New York City's Exodus Creates 'Insane' Demand in Suburban Counties. Suburbs surrounding New York City are experiencing unprecedented demand, which can be seen in one $285,000 New Jersey home which received 97 showings, 24 offerings, and a final selling price 21% over asking, according to The New York Times.

article thumbnail

Turner Construction, Bloomberg LP execs face bribery, bid-rigging charges

Construction Dive

Indicted individuals allegedly inflated subs' bids, falsified work orders and more to extort roughly $15 million during a renovation of the media company's New York City offices.

Bidding 120
article thumbnail

MTA Aims to Bring Subway Tunnel Robotic Drill Rig to Bid

ENR Construction

After a successful trial of a railcar-mounted robot to drill holes for tunnel cable racks, the MTA is putting together an open bidding process for vendors to further develop a robot drill rig for use in New York City’s subway tunnels.

Bidding 81
article thumbnail

New York City Shortlists Design-Build Firms for New Manhattan Jail

ENR Construction

21 details on its new design-build program, a departure from the traditional low-bid method it was required to use historically The agency also announced Oct.

article thumbnail

Commercial Construction Project Planning: 3 Warning Signs Your Budget Might Go Bust

HardHatChat

While we do our best to provide budget estimates that are as accurate as possible, there are inevitably times when projects bids come in higher than the client expected, or that unanticipated costs push the job over-budget. Competitively Bidding the Project. Getting Too Specific on Specifications.

Budgeting 337