Downtown

Permits Filed for Morris Adjmi-Designed 38 West 8th Street in Greenwich Village

6:30 am on August 20, 2018 By Andrew Nelson

Permits have been filed for a seven-story mixed-use development at 38 West 8th Street, one block away from Washington Square Park. The site is off the beaten path for Greenwich Village, and the extant structure is not of noteworthy or particular beauty. Despite this, the odds are high this project will attract undeserved criticism from local rent-gouging homeowners fearful of any increase in neighborhood housing supply. Joseph Straus of the Straus Group is listed as responsible for the development.

Construction Wraps for 275 South Street in Two Bridges, Manhattan

7:30 am on August 17, 2018 By Sebastian Morris

Construction has officially wrapped at 275 South Street, in Manhattan, following a full-scale renovation of the aging residential building. The project is one of the most recent properties to debut in “Two Bridges,” a neighborhood nestled at the southern end of the Lower East Side that has witnessed a remarkable uptick in high-rise developments including Extell’s One Manhattan Square and 259 Clinton Street, designed by Perkins Eastman.

New Design Revealed for 3 East 3rd Street as Permits Approved, East Village

7:00 am on August 13, 2018 By Andrew Nelson

A new design is out for the six-story building coming to 3 East 3rd Street, just around the corner from New York’s historic Bowery, the oldest thoroughfare still in use on Manhattan. The corridor has been subject to a recent revival thanks to steady redevelopment with emphasis on the area’s cultural significance over the past few decades.

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.

Permits Filed for 14 Clinton Street on Manhattan’s Lower East Side

6:30 am on August 7, 2018 By Andrew Nelson

Permits have been pre-filed for a six-story mixed-use building at 14 Clinton Street on the Lower East Side of Manhattan. The site is right by the major East Houston commercial thoroughfare, and seven blocks away from the Essex Street subway station, serviced by the F, J, M, and Z trains. Andres Hogg of Hogg Holdings is listed as responsible for the development.

NYC Ferry Routes Expand Service Across Manhattan and The Bronx

7:30 am on August 3, 2018 By Sebastian Morris

The NYC Ferry system has announced two expanded routes which will now include the Lower East Side, Manhattan, and The Bronx. The expanded service arrives as a joint initiative with The New York City Economic Development Corporation (NYCEDC) and Hornblower, a private cruise and charter company that operates NYC’s ferry network.

Construction Wraps on 30-Story Moxy Hotel at 143 Fulton Street in Lower Manhattan

7:30 am on August 1, 2018 By Michael Young

Located at 143 Fulton Street in the Financial District, the new 364-foot-tall and 298-room Moxy hotel is almost complete, with the final exterior finishes underway at the base of the tower. Two entrances to the building are located on Fulton Street and Ann Street, and up above, the project features a dark glass facade atop a four-story podium. SLCE Architects is the architect, while the developer of the nearly 129,000 square foot property is Tribeca Associates. Interiors are being done by Stonehill & Taylor.

25 Park Row Reaches Halfway Mark Above City Hall Park in Lower Manhattan

8:00 am on July 31, 2018 By Michael Young

It’s up, up, and away for the new residential skyscraper at 23 Park Row, which is now visible from the 9/11 Memorial. The tower is being designed by COOKFOX Architects, and the developers are L&M Development Partners and the J&R Music Store founders, whose business formerly occupied the same site. The structure will soon rise 54 stories into the Lower Manhattan skyline, to a height of 702 feet. The lot sits in between 1 Beekman, aka “The Pearl on The Park,” which has now topped-off, and the 119-year old Park Row Building. The latter is about to be surpassed in height by its new neighbor, most likely by the beginning of August.

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%.

Permits Pre-Filed for 35-Story Tower at 185 Broadway in the Financial District

7:30 am on July 30, 2018 By Andrew Nelson

Permits have been pre-filed a 35-story mixed-use high rise at 185 Broadway in Manhattan’s Financial District. This is the largest development filed for the area in 2018, at least, so far. The site is located right in the center of the neighborhood, near just about every major train line on the subway system, with the Fulton Street transport hub situated across the street. SL Green Realty is responsible for the project.

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