New York is building too much LOL!
http://www.ctbuh.org/News/GlobalTall...S/Default.aspx
US Construction Hit by Curtain Walling Crisis
New York City, United States – 10 September 2015
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A shortage of US curtain walling makers caused by the 2008 global financial crisis is so severe that it is halting projects and has even forced one developer to open its own factory. Eleven of America’s 47 glass cladding companies went out of business after the financial crisis, and, now that there is a boom in tower construction, the market is suffering from a severe lack of capacity.
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Some developers have taken drastic measures to alleviate the effects of the shortage. Related, which is building the Hudson Yards scheme on the west side of Manhattan – the largest private development in US history – has opened its own glass panel maker, New Hudson Façades.
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