Long Island Business News interviews National Construction Industry Leader Joseph Natarelli and quotes the Marcum Commercial Construction Index in an article about the strength of the commercial construction sector.
Long Island Business News
By Bernadette Starzee
Heading into 2016, the construction market is going in the right direction: up.
“Long Island tends to lag New York City by six to 18 months, and New York City has ramped up,” said Carl Oliveri, partner and construction practice leader for Grassi & Co. CPAs in Jericho. “We’re definitely seeing the trickle-down effect to Long Island in new construction and spending.”
Joseph Natarelli noted that backlogs are increasing across the board, referring to contracts signed for construction jobs that have not yet started. Natarelli is the national and northeast construction industry leader for Manhattan-based accounting firm Marcum.