Modular construction is growing in popularity in the U.S. and internationally. Modular construction is a method of construction which involves pre-building standardized sub-structures (or "modules") of a structure in an off-site factory, then delivering them for on-site assembly. According to one recent article, more than a dozen modular projects have been either built or launched in the New York City area over the last few years. According to one industry group (the Modular Building Institute), the U.S. modular construction business has doubled in size to $8 billion in the past five years...
Located between 10th and 12th Avenues from West 30th to West 34th Street, Hudson Yards is a private real estate development located on the West Side of New York City. It is reportedly the largest private real estate development in the United States by area. Upon completion, 13 of the 16 planned structures on the West Side of Midtown South will sit on a platform built over the West Side Yard (a storage yard for Long Island Rail Road trains). The first of Hudson Yards' two phases opened in 2019. It includes a public green space and eight buildings which include residences, a hotel, office buildings, many retail shops, and cultural institutions. The second phase, projected to be completed by 2024, will include additional residential space, an office building, and a school...
In observance of Presidents' Day, Beacon Consulting Group will be closed on Monday, Feb. 18th. While we are away, please enjoy some of these fun, lesser-known facts about George Washington and Presidents' Day. For example, in 1789, George Washington earned $25,000 as President of the U.S (2% of the total U.S. budget at the time). In current dollars, that would be more than $725,000! Read on for more...
