Nowadays, the global demand for residential and commercial buildings is on the rise. Even though high construction profits are almost guaranteed, a mishandled contract may leave you with losses and costly lawsuits. Notably, most contractors and subcontractors regard...
Construction Contracts
2 common examples of payment disputes
Construction is an in-demand and profitable business. However, if you do not receive payment timely, your construction business may face hard times making projects come to fruition. Without the necessary capital infusion from clients, you may not make payroll or...
How can you resolve a construction dispute?
New Jersey construction disputes may arise for a variety of reasons. These usually occur because the two parties have some kind of disagreement. There may be a real violation or a perceived violation of obligations in the contract. In other cases, Construction...
Overall construction spending falls in May
New construction projects may be slowing down slightly in New Jersey as part of a nationwide trend. According to the U.S. Department of Commerce, the first drop in construction spending in six months came in May 2019. While home building projects declined for the...
Overall construction spending falls in May
New construction projects may be slowing down slightly in New Jersey as part of a nationwide trend. According to the U.S. Department of Commerce, the first drop in construction spending in six months came in May 2019. While home building projects declined for the...
NJ Transit plans power plant construction
A New Jersey construction project is scheduled to begin in 2021. The natural gas-fired power plant will provide additional energy for NJ Transit's train system. The transportation agency expects that the construction project will be completed over a four-year period....
Major renovation planned for New Jersey high school
A construction company based in Wood-Ridge, New Jersey has been awarded a contract to handle significant renovations involving Orange High School in the City of Orange. Awarded by the New Jersey Schools Development Authority (SDA), the nearly $40 million project...
Luxury Jersey City apartment complex appeals to investors
The construction and building industry in New Jersey is continuing to grow, as one real estate company announced the successful sale of its latest Jersey City luxury complex. Soho Lofts has 377 units in the city directly across from Manhattan; it features ready public...
Construction firm selected for casino expansion
New Jersey residents may have heard that a leading construction company in New York has been selected to lead the $400 million expansion of Resorts World Casino New York City. Plaza Construction will manage phase two of the expansion project underway in Jamaica,...
Construction contract dispute resolution options
Disputes related to construction contracts or projects in New Jersey might arise because of a lack of understanding of the contract's conditions, a failure to properly administer the terms of the contract or for a range of other reasons. No matter what causes them,...