Looking Back at 2014
By: Brian Sullivan
The dawn of a new year is always a great time to reflect on the past year and look toward the year ahead.
The Construction Industry
As per the NY Building Congress, construction spending in 2014 was almost back to the peak in 2007 and 2008. This is a great sign for the economy in general, and certainly for our industry. The additional spending leads to an increase in construction related jobs
Building Envelope Restoration
The building envelope industry certainly had a very busy year as evidenced by the number of sidewalk bridges observed in and around the city, as well as the return of tired, but smiling faces of industry professionals at holiday parties: where much of the conversation focused on the high volume of work in 2014.
Two new requirements by the NYC Department of Buildings impacted the building envelope industry in 2014. The increased focus on balconies, railings, etc. in FISP (formerly Local Law 11/98) inspections had a significant impact for all Qualified Exterior Wall Inspectors, as well as building owners. This evolving requirement has resulted from, and in, increased and improved communication between the DOB FISP team and the qualified professionals that perform the inspections.
Additionally, the first filing window for retaining wall inspections Rule 103-09 (Local Law 37 of 2008) came to pass for retaining walls in the Bronx. Please note that the filing window for retaining walls in Manhattan is in progress (01/01/15 to 12/31/15)
This past year was another very exciting year for Sullivan Engineering. The hard work and dedication of our entire team has resulted in many positive results.
- We experienced a 30% growth in revenue from 2013 and 125% growth from 2012.
- We added three new team members to bring our growing family up to 10.
- We held our first annual planning retreat.
- We established our Southwest office in Arizona and expanded our main office.
- As a team, collectively we read over 100 books and logged more than 120 continuing education hours.
- We were very excited to perform our first team volunteer day, removing several layers of coatings and paint from the facade of the Good Shepherd School in Inwood, NY.
We thank all of our loyal friends and clients for your continued support throughout this past year and look forward to another great year ahead.