Follow this tag to curate your own personalized Activity Stream and email alerts.
When a recession hits, architects often take it in the gut. The design sector has traditionally been one of the losers of a market downturn, with big real estate developments being put on hold and the need for architectural design services kicked down the road. But during the economic downturn brought on by the COVID-19 pandemic, architecture has been surprisingly robust. — Fast Company
According to the 2022 Otis College Report on the Creative Economy, an annual report by Otis College of Art and Design in Los Angeles that tracks the economic health of creative industries in California, architecture has been the most resilient sector. This is compared to creative goods and... View full entry
Architecture firms are billing more from reconstruction and renovation projects than they are from new builds for the first time; a milestone driven by soaring demand for office renovations. In the 20 years that the AIA has been collecting data on billings for renovations versus new build... View full entry
While speculation over what a long-term “post-pandemic workplace” may look like is often distilled into conversations about remote and hybrid working, the topic of asynchronous working garners relatively less attention. This comes despite the fact that many of the touted benefits of remote... View full entry
In a new thought piece, NBBJ architect Ryan Mullenix presents the findings of NBBJ and the University of Washington’s research into how hybrid workspaces impact creativity. Coincidentally launched at the beginning of the COVID-19 pandemic, the research sought to establish the key behavioral and... View full entry
In its first month, the MTA’s OMNY fare capping pilot had more than 168,000 people hit a 13th ride, earning an unlimited pass for the rest of that week. The agency said this group of straphangers had gone on to ride enough to save more than $1 million in fares. MTA Chairman Janno Lieber said at last week’s monthly MTA board meeting that these were the kind of results that could ensure the program sticks around after the four-month pilot is over. — Gothamist
Launched towards the end of February, the pilot fare program seems to be a win for both the MTA and its riders, which could prompt making it permanent. Data collected by the agency shows that 86% of people who got the bonus were subway riders, with the remaining reaching the 13th ride on... View full entry
The Urban Design Forum and Van Alen Institute have announced a new cycle of Neighborhoods Now, their initiative launched in the Spring of 2020 that pairs leading architecture, design, economic development, legal, and planning firms with local New York City organizations to help drive their... View full entry
The USC Architectural Guild has announced the winners of the 11th annual Design Charrette. Past challenges have addressed pressing issues such as homelessness, climate change, and the need for the city to rapidly adapt ahead of its bid as host of the 2028 Summer Olympics, among other themes. Each... View full entry
Lumber prices have seen dramatic rises and falls during the COVID-19 pandemic. In May 2021, prices saw a 90% increase on the previous 12 months, adding an extra $36,000 onto the cost of constructing a new home in the United States. The record-high in May was followed a 40% decline in prices in... View full entry
The Dodge Momentum Index has continued to fall in January, yielding a 7% decline to a four-month low of 152.9 from the revised December reading of 163.7. Commercial planning fell 9% and institutional planning fell 1%. Previously on Archinect: Dodge Momentum Index declines in November, remains near... View full entry
Rents in New York City approached all-time records last month as inventory grew increasingly scarce. The median rental in Manhattan cost $3,467 last month, according to the New York Post, which cited the latest report by appraisal firm Miller Samuel. That was up a little over 2 percent from $3,392 in December, but it represented a 23 percent spike from January 2021 — falling just $5 short of the January record set in 2020, when the median rental was $3,472 per month. — The Real Deal
The median rental in Manhattan in January was just shy of the $3,540 peak in April 2020. Prices in Northwest Queens and Brooklyn also rose last month, up 28 percent and 11.1 percent year-over-year respectively. The Real Deal notes that the major force behind price growth in the housing market is... View full entry
In an effort to encourage New Yorkers to get back on subways, buses, and trains -- particularly following the sharp decline in ridership due to the pandemic -- the Metropolitan Transportation Authority announced a pilot fare program that is "more affordable, more flexible and more fair." — NBC New York
The fare capping pilot will feature free, unlimited rides after 12 OMNY taps, New York’s contactless fare payment system that will replace the MetroCard on the New York City subway in 2023. Under this program, no OMNY user would pay more than $33 per week, which is the current price of a... View full entry
Architects are no strangers to burnout. In recent years, our editorial has explored the genesis of burnout in architectural circles by examining the impact of college studio culture as well as burnout and fatigue in the professional architectural workplace. While burnout existed long before... View full entry
AEC firms are positive about industry growth in 2022 and expect to continue employing a hybrid workforce, according to a survey by Openasset. The AEC Industry Outlook Survey of 500 architecture, engineering, and construction professionals found that 78% believe their firm will experience positive... View full entry
Although the prices of some raw materials fell in December, costs are still sky high for contractors looking to purchase them, according to a new analysis by the Associated General Contractors of America. Overall, the price of construction materials jumped nearly 20% in 2021, the group said Thursday. — Construction Dive
In addition, according to the Associated General Contractors of America’s (AGC) 2022 Construction Hiring and Business Outlook Survey, material costs were listed as a top concern for contractors this year. Though prices moderated for some construction materials in December, they still... View full entry
In the last 22 months, workers' pandemic-related absences have cost employers more than $78.4 billion — nearly $1 billion each week — according to a Dec. 20 analysis from the Integrated Benefits Institute. — Construction Dive
The Integrated Benefits Institute used data from the U.S. Bureau of Labor Statistics along with its own dataset to analyze disability wage payments, state disability insurance, sick leave wages, and employee benefits for its calculation. The states of California, Texas, New York, along with the... View full entry
