Please see below for a statement from Carlo A. Scissura, President & CEO of the New York Building Congress, regarding the de Blasio administration's decision to resume $17 billion in major capital projects.
FOR IMMEDIATE RELEASE: March 1, 2021
CONTACT: Meg Fitzgerald, meg.fitzgerald@berlinrosen.com; (406) 696-1237
"The de Blasio administration's decision to resume its capital programs and restart $17 billion in major capital projects is extremely welcome news," said Carlo A. Scissura, President and CEO of the New York Building Congress. "The pause on over 1,700 capital projects not only impacted the building industry, but it affected our overall economy and the lives of countless New Yorkers. MWBEs and small firms that do business with the City have been particularly impacted over the last year, and today's announcement represents a tremendous sense of relief for them. Restarting capital projects is an acknowledgment of the critical role the building industry will play in our city’s recovery. Advancing projects in housing, education, transportation and environmental protection will strengthen our city today and have a lasting impact on residents for years to come. The Building Congress applauds Mayor de Blasio and Recovery Czar Lorraine Grillo for this forward-thinking decision."
About The New York Building Congress
The New York Building Congress, a broad-based membership association celebrating its 100th year, is committed to promoting the growth and success of the construction industry in New York City and its environs. Learn more about the New York Building Congress at www.buildingcongress.com.
