This professional report analyzes the proposed development of building material reuse hub facilities (“Circularity Hubs”) in New York State to advance a circular building material economy in the state. The report summarizes the impacts of linear and circular economies globally and regionally. Then, it presents profiles of current building material reuse establishments in New York and Maryland. It provides recommendations and considerations for key aspects of Circularity Hubs such as ownership structure, location, and functions. Then it gives a brief analysis of favorable economic and legislative conditions in New York for the investment in Circularity Hubs and the circular economy. To conclude, there are suggestions for further research and implementation.