YIMBY’s last report on 441 Ninth Avenue was back when The Cove Property Group and hedge fund Baupost Group purchased the site. The two companies have now released a rendering, and information about plans that triple the floor count. Rentable square footage will balloon to 700,000 square feet, and 17 stories will be added atop the existing eight-story building, which will be gutted and redesigned.
Today YIMBY has the first rendering for New Empire Corporation’s plans to construct a new condominium project at 37-14 34th Street, in Long Island City, Queens. The site is just a block and a half away from the 36th street station, serviced by the E, M, and R trains. Also nearby is the Queens Museum of the Moving Image.
The opening of 30-02 39th Avenue, in Long Island City, Queens, will bring another 428 rental units to the market. The site is on the same block as the 39th Avenue subway station, serviced by the N and W trains. The project is being named ARC, and The Lightstone Group is responsible for development.
Construction of the ten-story-tall office building at 363 Lafayette Street has topped out, with façade installation and interior work remaining. Today, we have images of the progress by Tectonic, revealing the concrete frame. YIMBY’s last report on the site revealed a redesign pushed by the Landmarks Preservation Commission, removing double-height sectioning from the original plans, and increasing the visibility of the black crossbeams, which simplified the façade.
New York City has a problem. As local politicians have consolidated their grip on power over the past several decades, many have become increasingly prone to serving specific groups of constituents instead of overarching ideals, noble, or otherwise. The Five Boroughs are no stranger to this kind of issue, with periods of historical stagnancy well-documented. But with electoral participation at staggeringly delegitimizing lows, local leaders like Gale Brewer will easily cruise to re-election. Amidst a backdrop of surging NIMBYism that is now more than glad to co-opt the tactics of Fake News, the outlook for the next few years on election day is rather bleak, as the politics of New York’s inward-looking regressive leaders will put up far greater barriers to entry than any potential wall along the Mexican border.