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.
Construction is now above street level at 58 West 39th Street, aka H Hotel W39, in Midtown. Designed by Peter F. Poon Architect and developed by Wei Hong Hu of H Hotel LLC, the 29-story structure is rising from a narrow plot below Bryant Park between Fifth and Sixth Avenue.
Construction has reached the final floors of 368 Third Avenue in the Manhattan neighborhood of Kips Bay. The 388-foot-tall reinforced concrete structure has risen rapidly since mid-June, when excavation was still underway. Designed by SLCE Architects and developed by Minrav Development, the 35-story, 145,000-square-foot building will house 100 apartments for an average of 1,100 square feet apiece.
For more than 40 years, the Empire State Building‘s observatory reigned as the loftiest manmade place on Earth. Though no longer the pinnacle of New York, the Art Deco masterpiece’s Olympian mass still cuts an uncontested figure in the popular imagination as a symbol of the city and is an enduring emblem of human might and ingenuity. Today, as the supertall enters its tenth decade, it welcomes visitors with a fresh new face, the product of a four-year, $165 million renovation to improve the experience for the 10,000-odd guests that stream through its doors each day.
Taking the number-one spot in our annual construction countdown is the 1,550-foot-tall Central Park Tower, aka 217 West 57th Street, the tallest building by roof level in New York City and the entire western hemisphere, as well as the tallest residential building in the world. Work on the glass curtain wall is approaching the parapet of the slender reinforced concrete superstructure, which rises 99 stories above 57th Street, aka Billionaires’ Row. The project is designed by Adrian Smith + Gordon Gill and developed by Extell, which is expecting a $4 billion sellout on the tower’s 179 residences. A 320,000-square-foot Nordstrom flagship occupies the base of the building.