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New York’s Industrial Pipeline Recedes for Fifth Straight Quarter

Slowdown Follows Record Wave of Construction From 2020 to 2023
The number of projects starting construction in New York, like this one across the river in New Jersey on 1700 Lakewood Road, has slowed over the past year. (CoStar)
The number of projects starting construction in New York, like this one across the river in New Jersey on 1700 Lakewood Road, has slowed over the past year. (CoStar)
CoStar Analytics
June 18, 2024 | 5:36 P.M.

The number of industrial development projects breaking ground in New York continues to decline as the start of the second half of 2024 approaches.

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