Downtown

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.

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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%.

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185 Broadway, via Google Maps

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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New Rendering Revealed as 809 Broadway Nears Finish Line in Greenwich Village

8:00 am on July 27, 2018 By Andrew Nelson

A new hero shot has been revealed for 809 Broadway, a 15-story mixed-use tower rising in Greenwich Village, Manhattan. Construction has topped out, and façade installation is underway, meaning completion by the end of year is likely. The structure is just a few blocks away from Union Square, the fourth busiest subway station in New York in 2017, serviced by the 4, 5, 6, N, Q, R, W, and L trains. IDM Capital is responsible for the development, which hopes to satisfy the demands of the City’s expanding Silicon Alley.

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65 Franklin Street, rendering from The Real Deal

Permits Pre-Filed, Rendering Out for CetraRuddy-Designed 65 Franklin Street, Tribeca

7:30 am on July 27, 2018 By Andrew Nelson

Permits have been pre-filed for a 19-story high-rise at 65 Franklin Street in Tribeca, Manhattan. The site is right on the corner of Franklin and Broadway, less than five blocks from the 1, 2, 6, N, Q, R, W, J, and Z trains, and seven blocks from the City Hall Park. Monzer Khafagy of HAP Investments is listed as the project executive responsible for the development.

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