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New York YIMBY’s 2020 Construction Report Shows 36,467 New Residential Unit Filings, A 7.1% Jump

8:00 am on January 7, 2020 By Nikolai Fedak

YIMBY’s 2019 New Building Report, released this time last year, showed a major jump in applications from 2017 into 2018, with new residential units filed with the Department of Buildings rising from 20,393 to 34,039. YIMBY’s 2020 New Construction Report shows that citywide gains continued into 2019, with total units filed increasing to 36,467, a jump of 2,428 or 7.1%. The full report is available in spreadsheet format at the link for $199.

YIMBY Scopes Views From One Vanderbilt’s Steel Crown in Midtown East

8:00 am on October 21, 2019 By Michael Young

YIMBY recently went on a hard-hat tour of Kohn Pedersen Fox’s One Vanderbilt. The topped-out 1,401-foot supertall is currently the tallest skyscraper in Midtown East and the third tallest in the city by architectural height, when measured to the tip of the 100-foot-tall spire. SL Green is the developer of the 77-story commercial office property, which is set to have a three-story indoor and outdoor observatory perched 1,020 feet above the busy Midtown streets. The crown will eventually be covered in a glass curtain wall that should most likely be lighter in appearance than the mixed terracotta and glass assembly that covers the rest of the structure.

Eliot Spitzer Updates YIMBY On 420 Kent Avenue in Williamsburg and His Company’s Forthcoming Hudson Yards Developments

8:00 am on September 26, 2019 By Michael Young

While construction is booming across the entirety of Williamsburg’s waterfront, one of the first mega-projects of this development cycle to wrap will be 420 Kent Avenue’s three residential towers. Totaling 857 units, the last two buildings are preparing for an imminent opening day. YIMBY sat down with the project’s developer Eliot Spitzer of Spitzer Enterprises to discuss the latest happenings at the ODA-designed site, the former governor’s plans for Hudson Yards, and the perils of potential population loss across the five boroughs.

350 Park Avenue, rendering from Vornado / Rudin Management

Vornado’s Supertall 350 Park Avenue Fully Revealed, Expected To Rise Nearly 1,500′ To Pinnacle

8:00 am on May 4, 2019 By Nikolai Fedak

Amidst the ongoing evolution of the Manhattan skyline, one of the most notable recent changes has been the completion of the Midtown East rezoning, which has already resulted in the rise of One Vanderbilt. Now, with 270 Park Avenue and other projects already on the development boards, Vornado and Rudin Management’s plans for 350 Park Avenue have been fully revealed, depicting yet another supertall that would rise almost 1,500 feet to its pinnacle. While the architect has not been confirmed, YIMBY is strongly suspicious that the design is by Foster + Partners, the firm responsible for the nearly-complete 425 Park Avenue.

Exclusive Reveal for Lower Manhattan’s Tallest Proposed Supertall, at 80 South Street

8:00 am on April 10, 2019 By Nikolai Fedak

Among New York City supertalls expected to rise as part of the current development boom, 80 South Street has been the only major project of prominence to retain near-complete secrecy when it comes to architectural visualizations. Today, YIMBY has the exclusive reveal for the plan tentatively in the works for the site, for developer China Oceanwide Holdings, which would result in the tallest building by roof height in all of Lower Manhattan, likely approaching 1,500 feet above street level.

A Void Proposal: The Proposed Mechanical Voids Zoning Amendment Rests Upon a Hollow Foundation

8:00 am on February 7, 2019 By Vitali Ogorodnikov

On January 28, the Department of City Planning released the Environmental Assessment Statement (EAS) for the proposed Residential Tower Mechanical Voids Amendment, which seeks to limit non-residential floor heights in future apartment towers within high-density districts. The 48-page document, which outlines the proposal and its impact, reveals a troubling foundation of groundless speculation, elusive language, and self-contradictory statements. The proposed amendment ultimately promises to stifle flexible planning, and fails to present a convincing argument in its support.

Jonathan Kushner Tells YIMBY Journal Squared’s Three Skyscrapers Will Fully Open by 2024, More

8:00 am on January 29, 2019 By Nikolai Fedak

When it comes to new construction in Jersey City’s Journal Square, no firm is more prominent than Kushner Real Estate Group, which has continued development of the massive Journal Squared complex with the recent ground-breaking of the project’s second skyscraper, now climbing above ground level. YIMBY spoke with the firm’s eponymous president, Jonathan Kushner, to discuss the site and its impending second and third towers, KREG’s general portfolio growth, as well as Mr. Kushner’s outlook on the state of the neighborhood and the local market.

Michael Kirchmann of GDSNY Updates YIMBY With Fresh Renderings of SOM-Designed 1241 Broadway, in NoMad

8:00 am on January 17, 2019 By Nikolai Fedak

YIMBY has covered plans for a new office building at 1241 Broadway extensively over the past few weeks, first reporting on the applications and initial rendering, and then checking in on site progress. Today, we can reveal the updated current design thanks to developer Michael Kirchmann of GDSNY, who also told us all about the project and its burgeoning surrounds in an interview ahead of the groundbreaking ceremony, scheduled for this morning. Sweden-based Klovern is also behind the plans.

New York YIMBY’s 2019 Construction Report Shows Impressive 70% Year-Over-Year Surge in Multi-Family Housing Filings

8:00 am on January 7, 2019 By Nikolai Fedak

Once again, January has arrived, alongside New York YIMBY’s annual pipeline report. After our mid-2018 update portended a banner year for new construction, the 2019 report has confirmed it, as the total number of multi-family units filed with the Department of Buildings saw a tremendous surge over the past 365 days. 2018 saw 32,580 multi-family units filed with the DOB, beating 2017’s total of 19,180 units by a whopping 70%. The full 2019 report, containing all 2,482 of 2018’s new building filings in spreadsheet format, is available at the following link for $199.

Ten Questions With Robert Gladstone of Madison Equities, Developer of Downtown’s First Residential Supertall Skyscraper, 45 Broad Street

8:00 am on October 8, 2018 By Andrew Nelson

The Gladstone family has a long history of construction in New York, and the family’s current venture, Madison Equities, was founded in the mid-1960’s. Now, Madison is behind what will imminently become the first actual residential supertall below 34th Street in Manhattan, with 45 Broad Street set to rise 1,127 feet to its peak. Last week, Madison Equities’ CEO Robert Gladstone sat down with YIMBY to talk about that project, as well as everything else in the firm’s pipeline for the Five Boroughs.

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