building

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Church Foreclosures Soar Heavenward

Houses of worship ensnared by same shifty credit as homeowners

(Newser) - Homeowners and banks aren’t the only ones laid low by the reckless mortgage market of years past, as churches across the nation teeter on the brink of foreclosure. Houses of worship ensnared by the promise of low rates and big loans set out on a spree of new construction,... More »

NYC Man Jumps to His Death—In Front of Kids

Friends say 53-year-old showed no signs he was suicidal

(Newser) - A New York man leapt from his apartment window to his death last night while his young daughters looked on in horror. “There were never any signs of problems,” a friend tells the Post . “I'd never expect anything like this from him.” The 53-year-old died instantly... More »

In Recession, Homeowners Nail Contractors

As many vie for projects, consumer gains the upper hand

(Newser) - Hiring a contractor to remodel a kitchen or resurface a floor once meant a lot of hassle and some serious cash. But the recession has changed all that: Contractors these days are ready and willing to work on the cheap, Time reports. Projects are smaller, and spending on remodeling is... More »

Homes Shrink With the Economy

Builders' 'Depression' helps drive reduction

(Newser) - Home sizes are aligned with the shrunken economy, the Los Angeles Times reports: last year, the typical home size dropped 11%—likely the fastest plunge since the 1970s. Some 90% of builders are working on a smaller scale now, an industry poll found. “People are realizing, 'Hey, I don't... More »

Empire State Building Going Green

Makeover project hailed as a landmark for energy efficiency

(Newser) - The Empire State Building is getting a makeover to reduce its King Kong-sized carbon footprint, NY1 reports. As part of a larger renovation, "green" improvements will be made to the 78-year-old building—including an update for all 6500 of the structure’s windows—to reduce its energy consumption by... More »

China to Lop Off Tall Buildings in Hangzhou

Hangzhou aims to become World Heritage site

(Newser) - Hoping to turn the city into a World Heritage site, China is lopping top floors off tall buildings in Hangzhou, the BBC reports. Two hotels, a TV tower, and other buildings will get the shrinking treatment in a $5.8 million effort; the city’s government has said that all... More »

Taj Knockoff Angers India

Say there might be a copyright issue somehow

(Newser) - A knockoff of the Taj Mahal has caused a full-blown diplomatic incident between India and Bangladesh, the London Times reports, and potentially one of the weirdest copyright disputes ever. Bangladeshi film mogul Ahsanullah Moni began showing his $80 million copy of the Taj this week, enraging Indians. “You can’... More »

Toll in Haiti Collapse Hits 75

(Newser) - The death toll in the Haitian school collapse has risen to 75, the AP reports. The mayor of the Port-au-Prince suburb where it occurred said 17 dead students have been found so far today. Another 80 are being treated for injuries, many of them serious, and hundreds more children could... More »

Fed Agency Battles Tough Post-9/11 Building Code

New safety rules safety 'too expensive,' officials complain

(Newser) - A federal agency is joining major landlords in fighting tough new building safety standards developed in the wake of 9/11, the New York Times reports. The requirements, added last year after a federal probe into the Twin Towers collapse, call for better fireproofing and extra stairwells. But the General Services... More »

Dubai High Rise Would Add Novel Twists

Revolving floors just one of 80-story tower's planned innovations

(Newser) - If heights make your head spin, a planned 80-story tower in Dubai might not be the place for you. Set to be the "world's first building in motion," David Fisher's design features doughnut-shape floors that rotate 360 degrees around a fixed cement core, the AP reports. It would... More »

Poorly Built Schools Stood No Chance in Earthquake

Up to 10K kids died; parents blame gov't

(Newser) - As a massive earthquake shook Sichuan province, subpar construction turned many Chinese schoolrooms into the mass graves of as many as 10,000 children, the New York Times reports, and grieving parents are pointing fingers at Beijing. The government, aware of the problem, had issued warnings on school safety in... More »

Condo Glut Floods Cities

Bargains abound as boom-time projects completed

(Newser) - A deluge of new condos is about to hit many American cities already flooded with an unprecedented number of unsold units, the Wall Street Journal reports. This year, thousands of projects started at the height of the housing boom will be completed; oversupply and economic slowdown are likely to cause... More »

US Sees Worst Decline in Jobs Since 2003

Payrolls dropped by 63,000; recession fears intensify

(Newser) - The US lost 63,000 jobs in February, the second straight month payrolls contracted and the worst drop since 2003, catching economists off guard and fanning fears of recession anew, Bloomberg reports. Economists hoped the economy would add 23,000 jobs after declining a modest 17,000 in January, when... More »

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