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NYC Faces Real Estate ‘Red Tape': McKissack Daniel
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Why This Matters
New York City's construction industry is hindered by 'red tape', according to Cheryl McKissack Daniel, but talks with the new mayor may bring about changes to alleviate this issue.
Market Impact
Market impact analysis based on neutral sentiment with 65% confidence.
Sentiment
Neutral
AI Confidence
65%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Cheryl McKissack Daniel, President and CEO of McKissack and McKissack, says construction in New York City has long been weighed down by red tape. She tells Romaine Bostick and Katie Greifeld on “The Close” that the firm is in talks with the city’s new mayor and says the administration understands what needs to change. (Source: Bloomberg)
Original article published by
Bloomberg
on December 16, 2025.
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