Sacramento News-Online

Construction Prices Increase In NYC? West Village GC Explains Why

 Breaking News
  • No posts were found

Construction Prices Increase In NYC? West Village GC Explains Why

March 05
16:00 2021
Construction Prices Increase In NYC?  West Village GC Explains Why
West Village General Contracting is one of the leading contracting/construction & luxury design/build firms in New York City. Founded in 2001, the company has continued to provide top-notch service to its customers, ensuring each project meets or exceeds their expectations. As a business that is focused on providing value-driven, high-end construction services to its community, WVGC has recently posted an informative piece on the increase in construction prices across NYC.

New York, NYWest Village General Contracting is one of the leading contracting/construction & luxury design/build firms in New York City. Founded in 2001, the company has continued to provide top-notch service to its customers, ensuring each project meets or exceeds their expectations. As a business that is focused on providing value-driven, high-end construction services to its community, WVGC has recently posted an informative piece on the increase in construction prices across NYC.

With New York being among the most expensive cities to build in, the global pandemic has disrupted the status quo, pumping up construction prices in the city. With efforts put in place to curb its further spread, construction companies now have to incur additional costs to get each project underway. Companies now have to factor in hygiene and observe social distancing rules that have cut down on the number of workers in an area at a given time.

Other COVID-19 regulations, including an elevator maximum capacity of 4 people, twice a day sanitization of construction sites, 14-day quarantine period, personnel log, factory shutdowns, container shortages, reductions in the customs clearing workforce, and others, also have a significant impact on the construction industry.

The worldwide pandemic has also affected working hours in some areas, as the construction companies are now facing stricter deadlines to carry out their job before facilities are shut down for the day.

A representative from West Village General Contracting, speaking on the cost of construction services, said: “Collectively, we are seeing a 25% increase to our hourly labor cost per project and about a 25% increase in project duration/general conditions expenses. It’s not just the added time due to projects happening more slowly, it’s the amount of project management resources required to find new suppliers and source available products, reschedule shipping, delivery, installation and this impacts phasing and efficiency.”

Despite the rising cost of construction across the NYC metro region, Manhattan in particular, West Village General Contracting is vowing to maintain the highest quality construction standards and also serve a broader area, now including Brooklyn.

Get in touch with West Village General Contracting via phone at (212) 649-4632 or visit their website.


Media Contact
Company Name: West Village General Contracting
Contact Person: James Mansfield
Email: Send Email
Phone: (212) 649-4632
Address:454 W 50th St #3r
City: New York
Country: United States
Website: https://www.westvillagegc.com/