May 6, 2017

The Wall Street Journal cited Marcum's national construction practice in an article about the industry's use of joint ventures to address labor shortages.

The Wall Street Journal

By Peter Grant

Featured Joseph Natarelli, Partner-in-Charge , New Haven, CT

The Wall Street Journal cited Marcum's national construction practice in an article about the industry's use of joint ventures to address labor shortages.

Excerpt:

Some subcontractors are teaming up and creating joint ventures to cope with the labor scarcity. Marcum LLP, an accounting firm, has structured 40 such ventures this year, more than twice the number for all of 2016, according to Joe Natarelli, who heads the New York firm’s construction practice. “Typically a contractor wants to keep the whole contract for themselves,” Mr. Natarelli said. “We’ll [now] see them joint-venture pieces of that contract because they don’t have enough labor.”

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Joseph  Natarelli

Joseph Natarelli

Construction Services Leader

  • Assurance
  • New Haven, CT