Broadbent-Construction-Featured-in-Greenwich-Time-News-Article

Broadbent Construction featured in the Greenwich Times

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Broadbent Construction featured in the Greenwich Times

Broadbent Construction was interviewed and featured by reporter Frank MacEachern in the Greenwich times building development article,  Titled Applications up, but has development market rebounded?”   We were honored.

What was not mentioned in the quotes for Broadbent Construction is that we have a good internet search presence and our amazing clients have written us many reviews through Angieslist which helps with new renovation projects.  Contact us for consultation.

Read the full article here.

Broadbent-Construction-Featured-in-Greenwich-Time-News-Article

THE NEW NORMAL

Contractor Paul Broadbent, of Cos Cob, said he’s noticed a bit of a difference in his business over the past year or so.

I always stayed busy, but the last three years have been a lot tougher staying busy,” he said. “It’s picked up a little, but it’s not dramatic.”

Broadbent, 61, who co-owns Broadbent Construction with his brother Eric, has also seen many of his customers he dealt with for years leave town.

“Most of my work was word of mouth,” he said. “Part of what’s happened is past clients are getting older, so they are not doing as much. Some of them have moved away.”

Also noticing a positive change in the market is Greenwich-based architect Richard Granoff, whose firm has received more work, especially in the past three months. Demand is up across the board, in residential, commercial, landscape and interior design.

The Greenwich market is the strongest, he said, but remains a far cry from the McMansion days of the earlier 2000s.

“We are seeing less demand for very large homes (more than 10,000 square feet) and an increase in homes that are 5,000 square feet or less,” he said.

Granoff’s firm is also seeing increased activity in home additions and renovations.

Lumber company owner Kahan agrees with that assessment. He said homeowners realize they can’t sell their homes for an easy and quick profit as they could have a few years ago. Instead, they are deciding to renovate or expand.

“We are seeing more renovations,” he said. “Maybe they can’t get what they want for the home and they just realize it’s not an ATM, it’s not a profit center. It’s the place where they are going to live and they are looking to make the house work for them.”

Interstate + Lakeland Lumber, which has locations in Stamford, Bethel, Newtown and Shrub Oak, N.Y., was founded by Kahan’s grandfather, Leon, in 1922.

“My grandfather was through the Depression and we have been through everything else,” he said.

Even though the market is showing positive signs, Kahan said he doesn’t expect to ever see anything like the mid-2000s.

“Forget what it was,” he said. “It was a lot of fun and quite an experience. I don’t think I will ever see it again in my lifetime.”

frank.maceachern@scni.com; 203-625-4434

Read more: http://www.greenwichtime.com/news/article/Applications-up-but-has-development-market-3466394.php#ixzz1sLItT3Vt

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