Features

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.

Foster's 200 Greenwich, composite by Jose Hernandez, image originally by Joe Woolhead

Larry Silverstein Tells YIMBY Foster’s Design for 200 Greenwich Still A Contender, More

8:00 am on September 11, 2018 By Nikolai Fedak

YIMBY recently sat down with Larry Silverstein to discuss his firm’s upcoming projects, as well as the status of the World Trade Center’s last remaining office supertall-to-be, at 200 Greenwich Street. With 3,000 new rental units in the works and Norman Foster’s design still on the table for Two World Trade Center, the scope of work Mr. Silverstein is undertaking is also now expanding into Journal Square and Queens.

After A Decade of Failures, Newark’s New Construction Boom Finally Takes Off

8:00 am on August 17, 2018 By Jacob Felson

Until 2017, residential development in downtown Newark was largely a figment of developers’ imaginations. Over the decade prior, proposals were ambitious but financing was scarce. The one project that had gained financing, Eleven80, a rehabilitation-and-reuse of a long dormant former office building, had gone into foreclosure in 2009, reemerging several years later as a diamond in the rough, Downtown’s lone successful project. Meanwhile, supporting retail was extremely limited.

Kenneth Horn (Middle) with the two most substantial projects under his management, The Woolworth Building (left, c. 1913 courtesy Wikimedia) and 250 West 81st Street (courtesy Alchemy)

Alchemy Properties’ Kenneth Horn Talks City Hall Park’s Evolution, Converting The Woolworth, And More

8:00 am on August 9, 2018 By Andrew Nelson

Since its founding in 1990, Kenneth Horn’s Alchemy Properties has acquired over two million square feet of residential space in New York City. During those 28 years, Mr. Horn has personally overseen the sales of $2 billion of real estate, all with a staff of about thirty people. With a full slate of new developments in the works, YIMBY sat down with Ken to discuss the firm’s current plans.

Hudson Yards from 53 West 53rd Street, image by Andrew Campbell Nelson

YIMBY’s 2018 Mid-Year Pipeline Report Shows Surge In New Development Filings With YTD Unit Count Increasing 67.5% Over 2017

8:00 am on July 30, 2018 By Nikolai Fedak

While YIMBY normally covers aggregate new building applications on an annual basis, this year, we have released our first mid-year pipeline report, and the results are surprisingly positive. After two years of declining applications following the frenzies of 2014 and 2015, the preliminary numbers for 2018 appear to be signaling a major uptick in activity. Year-over-year filings of new residential units have grown substantially, rising from 9,134 in the first six months of 2017, to 15,305 in 2018 — an increase of 67.5%.

DDG's Joe McMillan with 180 East 88th Street at left and 100 Franklin Street at right

Ten Questions With Joe McMillan, CEO of DDG

8:00 am on May 21, 2018 By Nikolai Fedak

Last week, YIMBY featured a look at some of the highest and most expensive real estate in the Western Hemisphere, scattered across the uppermost reaches of the Manhattan skyline. Today, we have an interview with a developer whose condominiums often attain similar price-points, even though they’re normally located much closer to street level. YIMBY sat down with DDG’s CEO Joe McMillan to discuss the firm’s current slate of work, their in-house design and development process, and the finer details on major sites like 180 East 88th Street on the Upper East Side, and challenging ones, like 100 Franklin in Tribeca.

420 Kent Avenue waterfront, design by ODA New York

Eliot Spitzer Talks 420 Kent Avenue, Williamsburg, 270 Park Avenue, And More

8:00 am on April 20, 2018 By Nikolai Fedak

Few individuals are as versed on the machinations of the Five Boroughs as former Governor Eliot Spitzer. Since leaving office and rejoining Spitzer Enterprises, his eponymous firm has embarked on a substantial building boom, with three towers on the Williamsburg waterfront at 420 Kent Avenue now nearing their opening date. YIMBY sat down with Spitzer to discuss his latest projects, the ongoing evolution of Williamsburg and its waterfront, as well as his thoughts on 270 Park Avenue and the potential repeal of the state cap on residential FAR.

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