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Commercial contractors tap into booming residential demand

February 19, 2021

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Plaza Construction, a New York City-based construction management firm that has mostly focused on commercial construction in recent years, has re-launched its luxury Plaza Homes division to meet surging demand in the sector as other nonresidential contractors pile into the red-hot homebuilding space.

Brad Meltzer, Plaza Construction’s newly appointed CEO who recently succeeded long-time chief executive Richard Wood, said the decision to focus on building high-end homes — one recent project clocked in at 20,000 square feet — was due to requests from commercial clients.

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