Industry News

Renowned Architect I.M. Pei Dies at 102

May 22nd, 2019

I.M. Pei, co-founder of the international architectural firm, Pei Cobb Freed & Partners, and the architect behind the famous glass pyramids at the Louvre in Paris, died May 16. He was 102. I.M. Pei devant la Pyramide © Marc Ribound; image MUSÉE DU LOUVRE’S PRESS ROOM In addition to the glass pyramids, some of Pei’s […]

Slight Rebound for Architecture Billings in April

May 22nd, 2019

Following a sizable decrease in demand for design services in March, the April Architecture Billings Index (ABI) climbed back into positive territory according to a new report from the American Institute of Architects (AIA). AIA’s ABI score for April showed a small increase in design services at 50.5, which is up from 47.8 in March. […]

Dodge Momentum Index Dips in April

May 7th, 2019

The Dodge Momentum Index fell 0.5% in April to 144.3 (the year 2000 = 100) from the revised March reading of 145.1. The momentum index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending […]

Architecture Billings Index Backslides in March

Apr 19th, 2019

Following consistently increasing demand for design services for more than two years, the Architecture Billings Index (ABI) dipped into negative territory in March, according to a new report from The American Institute of Architects (AIA). The ABI score for March was 47.8, down from 50.3 in February. Indicators of work in the pipeline, including inquiries […]

The Shed Opens in NYC Today

Apr 5th, 2019

Directly on the High Line in Manhattan’s new Hudson Yards business district, Diller Scofidio + Renfro in collaboration with Rockwell Group, have created avant-garde architecture for art and pop culture with the Shed, which opens on April 5. This compact, eight-story structure has a silvery, shining skin made of Texlon ETFE foil cushions on the […]

Dodge Momentum Index Inches Higher in March

Apr 5th, 2019

The Dodge Momentum Index increased 0.5 percent in March to 145.5 (the year 2000 = 100) from the revised February reading of 144.8. The momentum index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction […]

Architects’ Forum Offers Glass and Fenestration Education

Mar 28th, 2019

Architects’ Forum 2019 took place today at the Long Island Marriott in Uniondale, N.Y. (Long Island). The event brought together the region’s architects for a day of glass industry education and networking, including four AIA-accredited sessions that were led by Gold Sponsor Quanex Building Products and Silver Sponsors Guardian Glass, Kuraray America and YKK AP. […]

February Construction Starts Descend 3 Percent

Mar 21st, 2019

At a seasonally adjusted annual rate of $697.4 billion, new construction starts in February dropped 3 percent from the previous month, according to Dodge Data & Analytics. The February decline returned construction starts to the downward path that emerged during the closing months of 2018. Two of the three main construction sectors registered weaker activity […]

Architectural Billings Moderate in February Following Robust New Year

Mar 20th, 2019

Architecture firm billings growth softened in February but remained positive, according to a report from the American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score for February was 50.3, down from 55.3 in January. Indicators of work in the pipeline, including inquiries into new projects and the value of new design contracts, remained […]

Glassy Building to Open in New Hudson Yards Development

Mar 15th, 2019

The Hudson Yards development in New York has been under construction since the groundbreaking for 10 Hudson Yards in December 2012. Now more than six years later, the public will be able to experience the Vessel and the Shops & Restaurants at Hudson Yards for the first time during its official opening today. The Shops […]

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