The Dodge Momentum Index recovery shows the sector's resiliency while facing higher prices and labor shortages.

The 200,000-square-foot, state-of-the-art development represents one of Manhattan's first ground-up spec office developments since the onset of the pandemic.

The firm has purchased a 115,000-square-foot lot located at 24-01 Queens Plaza North and plans to construct more than 100 turn-key residences.

Higher costs and longer timelines haven't disappeared in 2022.