Feature

New York YIMBY’s 2018 Construction Report: New Building Applications Finally Stabilize After Two Years of Massive Drops

8:00 am on January 8, 2018 By Nikolai Fedak

Last year, YIMBY’s pipeline report showed a dramatic decrease in new building filings, with 2015’s multi-family count of 32,702 units falling precipitously, to 19,356 in 2016. Fortunately, the hemorrhaging of pipeline additions has nearly come to a complete stop, and 2017 saw filings for 19,180 multi-family units, a drop of under one percent. The full report, covering all 2,030 new building applications filed last year, is downloadable in Excel format at the following link.

Central Park's rolling 15-year median snowfall

Why New York City’s Rapidly Rising Snowfall Totals Are No Holiday Miracle

8:00 am on December 29, 2017 By Nikolai Fedak

When “White Christmas” was written in 1942, Irving Berlin had good reason to yearn for the snows “just like the ones [he] used to know.” Measurements of the white stuff in Manhattan had been slumping since the late 1800s, with the 15-year rolling median of 35.5 inches from 1884 falling to a mere 15.6 inches by the year of the song’s release, and then plunging further, to only 13.4 inches in 1998-99. What has followed is nothing short of a holiday miracle: in the subsequent eighteen years, snowfall has increased in an unprecedented fashion across much of the Northeastern seaboard, with the rolling median at Central Park now reaching 40 inches. With New York City’s median recent snowfalls tripling in a matter of two decades and surpassing totals at the end of the Little Ice Age at the same time that temperatures have continued to warm, it is time for the city’s inhabitants to ask why exactly this is happening, and consider the practical implications that a rapidly-shifting climate will have on real estate.

115 River Road at left, 615 River Road at right, left image via Fred Dabies, right image by FXFOWLE

Extraordinary NIMBY Corruption Alleged in Complaint Against Borough of Edgewater, New Jersey

8:00 am on December 8, 2017 By Nikolai Fedak

Last month, YIMBY broke the story for a major site to be developed at 115 River Road, in Edgewater, New Jersey. While we initially reported the address at 615 River Road, that was incorrect; however, the developer of 615 River Road has now filed a lawsuit in Federal Court, alleging that a series of “corrupt transactions” led to the Borough’s vote to seize the property by eminent domain back in September, in a secret a bid to transfer the lot to developer Fred Daibes, who is behind 115 River Road.

As 2017 Election Begins, New York’s NIMBY Politicians Threaten City’s Future

8:00 am on November 7, 2017 By Nikolai Fedak

New York City has a problem. As local politicians have consolidated their grip on power over the past several decades, many have become increasingly prone to serving specific groups of constituents instead of overarching ideals, noble, or otherwise. The Five Boroughs are no stranger to this kind of issue, with periods of historical stagnancy well-documented. But with electoral participation at staggeringly delegitimizing lows, local leaders like Gale Brewer will easily cruise to re-election. Amidst a backdrop of surging NIMBYism that is now more than glad to co-opt the tactics of Fake News, the outlook for the next few years on election day is rather bleak, as the politics of New York’s inward-looking regressive leaders will put up far greater barriers to entry than any potential wall along the Mexican border.

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

8:00 am on September 26, 2017 By Nikolai Fedak

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.

Why Bodegas Are Crucial To The Continued Success of New York City Real Estate

8:00 am on September 14, 2017 By Nikolai Fedak

Technology and urbanity have a long and tempestuous relationship, with the former’s advancement over the past century having had an occasionally deleterious effect on the latter. This has been most evident when periods of previously unimaginable progress have yielded inventions like the automobile, which in turn led to the temporary collapse of many inner cities. Now, as online retail continues to outpace brick and mortar shopping, technology has once again laid siege to the fabric of New York City, threatening the time-honored local bodega, and potentially undermining a segment of local retail that has value far beyond its shelves.

Interview With The Developer: Miki Naftali On The Upper West Side, & The State of New York City’s New Developments

8:00 am on August 16, 2017 By Nikolai Fedak

The Naftali Group has been working on several substantial new developments over the past few years, and two of the more prominent buildings are almost across the street from each other, at 210 West 77th Street, and at 221 West 77th Street, in the heart of the Upper West Side. YIMBY caught up with Miki Naftali at 210 West 77th Street to discuss how the firm’s other projects are coming along, how they managed to acquire two development sites that avoid the red tape that chokes so much of the Upper West Side, and the state of the market in general.

99 Hudson, Mayor Fulop, and Journal Squared

Interview With The Mayor: Steven Fulop Talks Jersey City’s Continuing Development Boom

10:00 am on August 4, 2017 By Nikolai Fedak

Back in 2014, YIMBY sat down with the Mayor of Jersey City, Steven Fulop, to discuss the latest happenings across the Hudson. The city’s skyline has been continuously changing since then, and YIMBY revisited similar topics once more in an interview with the Mayor this week.

Why New York City’s Transit Crisis Is Only Going To Get Worse

12:00 pm on July 21, 2017 By Nikolai Fedak

New York City’s various media publications have been reporting on the worsening transit crisis with increasing frequency, and as the headlines make clear, the state of the subway is bleak. But combining what’s already-happening with what’s impending begs the question no one seems to be asking. In a city where subterranean infrastructure is already decaying quite rapidly, when will rising tides of increasing frequency result in a transition away from underground transit?

The George Washington Bridge seen at sunrise from the Fort Lee Historic Park in January of 2017. Photo by Kris Denkers/Gypsy Owl Photography

A Look at the Timeline for Restoring the George Washington Bridge

8:00 am on February 2, 2017 By Evan Bindelglass

We are living in a bit of a renaissance for New York City-area bridges. New spans are under construction for the Goethals, Kosciuszko, and Tappan Zee bridges, and the deck of the Bayonne Bridge is being raised. The world’s busiest bridge, the George Washington, is also having work done.

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