The Building Boom...Over?

Well, it had to happen some time. Brownstoner is reporting that 2006 saw a downturn in the number of building permits issued by the city. These premits include renovations, so the question is: is this downturn good for the city's landmarks, which have been ravaged by the city's endless, ravenous appetite for development? As Council Member Avella noted "Obviously a construction boom is good in many respects. Unfortunately there is an aspect of it that has really been undermining the very nature of neighborhood life in this city."

Or, does this downturn mean that less attention (and money) will be paid to improving our historic buildings?

Only time will tell.

More on the building permit downturn here .