Articles by Nikolai Fedak


45 Broad Street

Construction Begins on Supertall 45 Broad Street, Financial District

While the slate of supertalls entering the city’s development pipeline has been dwindling across most neighborhoods, the trickle of new construction has stayed constant in the densest areas of Midtown and the Financial District. Within the blocks of Lower Manhattan, 45 Broad Street has continued to make progress, and now, workers are arriving on-site for what will become Downtown’s tallest residential tower.

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350 West 45th Street

Permits Filed for 350 West 45th Street, Midtown West

The number of parking lots remaining in Midtown West continues to dwindle, and now, applications have been filed for 350 West 45th Street, between Eighth and Ninth avenues, where yet another is about to bite the dust for a new development. Applications filed with the DOB show that the replacement seven-story structure will have a residential area measuring 20,600 square feet, which will be divided amongst 31 apartments, for an average size of a bit over 650 square feet each. That means rentals are exceedingly likely. Daniel Bernstein of Kutnicki Bernstein Architects is the architect of record, and David Schwartz, of 344 West 45th Street Corp., is listed as the developer.


Special Permit Hotel Zones

City Moving Ahead With Plan for Hotel Special Permits in M-1 Zones

New York City’s real estate industry has seen several new phenomena over the past decade, with the rise of the supertalls perhaps the most visible on the overall skyline. But across neighborhoods like the Garment District, Chelsea, and the peripheral fringes of Long Island City and Downtown Brooklyn, the hospitality boom has been the most notable happening, with parking garages and warehouses rapidly disappearing in favor of new hotels. Now, City Planning hopes to put a damper on the rush, with a proposed zoning amendment that would force any new hotels in M-1 zones to go through a special permitting process.

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