Industry Experts Address NYC Transportation and Infrastructure at Anchin’s 13th Annual State of the Construction Industry EventOctober 2, 2018
On Friday, September 28, leading New York City based construction accounting, tax and consulting firm Anchin hosted its 13th annual State of the Construction Industry Conference, “Building the Future: The Evolution and Impact of Transportation and Beyond,” at the Yale Club in midtown Manhattan.
With construction spending dedicated to projects that will improve the lives of those who live and work in New York City expected to exceed $52 billion this year and $50 billion in 2019, the conference focused on infrastructure advances being made to accommodate this growth. The 2018 event was presented in cooperation with the New York Building Congress (NYBC), the American Council of Engineering Companies of New York (ACEC New York), the American Institute of Architects - New York Chapter (AIA New York), and the Subcontractors Trade Association (STA).
Attendees heard from keynote speaker Rick Cotton, Executive Director of The Port Authority of New York and New Jersey, moderator Carlo Scissura, President & CEO, The New York Building Congress and a panel of industry experts including: John Porcari, President of U.S. Advisory Services, WSP; Dominick Servedio, Executive Chairman, STV Group; Polly Trottenberg, Commissioner, The New York City Department of Transportation; and Palmina Whelan, Managing Director of Real Estate & Facilities, American Airlines. Topics discussed by panelists included how the current building boom is different than past cycles and preparing for potential challenges, attracting the next generation of construction industry professionals, technology that will shape upcoming infrastructure projects and the future of public-private partnerships.
“In the context of our major construction projects, the Port Authority’s primary role should be to set high standards in the interest of the public while letting the private sector do what it does best – design and build,” said Rick Cotton, Executive Director, The Port Authority of New York and New Jersey. “This is why the Port Authority has set design-build as its default construction contracting approach and is leveraging the design-build model for the LaGuardia rebuild and Newark Terminal 1 project.”
“With construction booming and employment continuing to increase, this is an exciting time for the New York City construction industry,” said Phillip Ross, accounting and audit partner at Anchin and Leader of the firm’s Architecture and Engineering and Construction Industry Groups. “Anchin is proud to present the annual State of the Construction Industry event – now in its 13th year – to continue to bring together industry players and initiate a dialogue around important developments and current events impacting the field.”
Anchin plans to continue to bring the best minds in business together and elicit construction industry dialogue again at its ownership planning seminar with FMI and Peckar & Abramson on November 7th and at the fifth annual Anchin Construction & Development Forum on February 6th.