Hudson Yards


YIMBY’s 2021 Q1 Report Shows 3,566 New Residential Units Filed from January through March

Filing statistics for the first quarter of 2021 are in, and New York YIMBY has prepared a detailed report that analyzes the findings. During the period from January through March, applications were filed for 3,566 new residential units across the five boroughs. Compared to the first quarter of 2020, the number of buildings filed dipped slightly in January (from 163 in 2020 to 135 in 2021) and negligibly in February (from 158 in 2020 to 158 in 2021). The unexpected surprise came in March, when a total of just six new building applications were filed over the course of the month, which is a collapse compared to the 147 filings registered in March of last year. However, many of the projects filed for during this period were conceived during the height of local and global economic uncertainty. In addition, in early March of 2021, the city implemented a moratorium on permit filings for properties that had unresolved violations, which may have further deflated the total number of new buildings filed. The full Excel spreadsheet of all Q1 2021 applications is available with purchase of the Building Wire subscription.

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606 West 30th Prepares to Go Vertical in Hudson Yards, Manhattan

Construction is about to go vertical on 606 West 30th Street, a 545-foot-tall residential skyscraper in Hudson Yards. Designed by Ismael Leyva Architects and developed by Lalezarian Properties, the 42-story building will yield 312,350 square feet, of which 192,780 will be dedicated to residential space and 14,240 for commercial use. The property is located between Eleventh Avenue and West Street near the border of West Chelsea.

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Aloft Hotel Nears Halfway Mark at 450 Eleventh Avenue in Hudson Yards, Manhattan

Construction is nearing the halfway mark on 450 Eleventh Avenue, a 642-foot-tall Aloft Hotel in Hudson Yards. Designed by DSM Design Group and developed by Marx Development Group, the 51-story skyscraper will yield 379 rooms and is expected to cost around $368 million. The property is located at the corner of West 37th Street, directly across from the Jacob K. Javits Center, and will also feature a business center, a ballroom, and a fourth-floor restaurant and bar with an outdoor terrace.

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