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NYC Posts New Insurance Requirements for Tower Cranes

The New York City Department of Buildings has published a new rule, effective June 13, which will increase insurance requirements for specific types of construction and demolition operations, including projects involving a tower crane.

Proof that these new project-specific insurance requirements are being met will be required when pulling the permit.

The rule includes wording on tower cranes, stating if you have a tower crane for your project then you must have a project-specific GL insurance of $80 million, regardless of the permit or scope of work.

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