New York, NY (PRWEB) October 24, 2012
Spending on New York City construction is expected to reach a record $30.7 billion in 2012, pushing up overall construction spending 9.0 percent, said [BusinessWeek (10/17/2012), using data from the newly released New York Building Congress annual report. The report, a forecast and analysis prepared by the Building Congress, offers a comprehensive outlook for spending and jobs in New York City's construction industry. We hope this increase in construction is not followed by an increase in construction accidents, said New York construction accident lawyer David Perecman.
The rebound in construction is being led by projects such as the rebuilding of the World Trade Center, the building of the Second Avenue subway, the renovation of Madison Square Garden and the addition of luxury housing, reported BusinessWeek.
Surprisingly, industry employment has not kept pace with 2012 spending, reported BusinessWeek. The decrease in construction employment was attributed to “a higher prevalence of less-labor intensive construction, technology improvements and cost increases,” said the Building Congress report.
“Construction growth means continued jobs in New York and for this we’re thankful. Most importantly, workplace health and safety must remain a priority, particularly as construction remains strong to meet the growing demand for new buildings and renovation of older ones in New York,” said David Perecman, the chair of the Construction Accident Committee of the New York State Trial Lawyers Association and yearly lecturer on construction accident law. “Overwork and an emphasis on speed are always concerns. If companies cut corners on safety to meet budgets and-or deadlines, the workers are the ones who most often pay the price.”
According to The U.S. Occupational Safety and Health Association (OSHA) 2011 fatal occupational injuries by industry report, 721 construction workers died on a worksite.
The New York Building Congress represents New York’s construction industry and unions.
For more than 30 years, the construction accident attorneys at The Perecman Firm in New York have aggressively helped injured workers and-or their families obtain compensation following construction accidents in New York. Contact The Perecman Firm at 212-977-7033.
About David Perecman and The Perecman Firm, PLLC:
For the past 30 years, the New York construction accident, medical malpractice, auto accident, personal injury, and civil rights violation lawyers at The Perecman Firm, PLLC have handled all types of New York construction accident cases, including building and crane collapses. David Perecman, founder of the Firm, has been recognized for his achievements as an Honoree in the National Law Journal's Hall of Fame, in New York Magazine's "The Best Lawyers in America" and The New York Times Magazine "New York Super Lawyers, Metro Edition" for the years 2007-2010. The prestigious U.S. News & World Report ranks The Perecman Firm among the top 20 personal injury firms in New York City for 2011-2012.
The Firm has recovered millions of dollars for its clients. Among the more recent victories, Mr. Perecman won a $15 million verdict** for a construction accident (Index 112370/03) Supreme Court, New York County, a $5.35 million dollar verdict*** for an automobile accident (Index 2749/04) Supreme Court, Kings County, and a $40 million dollar structured settlement for medical malpractice (Index 2146/03)****Supreme Court, Kings County.
The Perecman Firm serves Manhattan, Bronx, Brooklyn, Queens, Staten Island, Long Island, Westchester, Upstate NY, Morris County, and Rockland County.
**later settled while on appeal for $7.940 million
*** later settled for $3.5 million
**** total potential payout
"Prior results do not guarantee a similar outcome."