BY Brian Kates
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Work at construction projects across the city has been stymied by the recession, leaving some crews with little to do.
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Despite hopeful signs for the economy, construction in the city remains stagnant, with 52% more stalled building projects this year than last, a survey shows.
Hard hit by tight credit, builders have stopped construction at 692 sites in the five boroughs, affecting thousands of jobs and putting a major dent in the city's economy, a New York Building Congress analysis
reported yesterday.
Hardest hit is Brooklyn, where work on 319 projects - 46% of the citywide total - ground to a halt in October, the study shows.
But the crisis is citywide:
- Queens had 153 stalled projects, 22% of the city's total.
- Manhattan had 19% of the stymied projects, with 130 developments - double last year's average.
- Staten Island recorded 60 halted developments, three times more than 2009 and 9% of the total.
- The Bronx had 30, or 4% of the total.
"It is really quite disturbing," said Building Congress President Richard Anderson, "and it's not getting better."
Anderson said the crisis may affect as many as 12,000 housing units.
