45-30 Davis Street’s Excavation and Pilings Begin in Long Island City, Queens

7:30 am on April 27, 2021 By Michael Young

Excavation is underway at 45-30 Davis Street, the site of a 20-story residential tower in Long Island City, Queens. Designed by Marvel Architects and developed in a joint venture between ZD Jasper Realty and Ascent Development, the 136,648-square-foot structure will stand 300 feet tall and yield 13- condominiums and 15 parking spots on the first floor. The site is located off Jackson Avenue between Pearson Street and Davis Street, a short walk from the Court Square station that services the 7, E, M, and G trains.

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972 Washington Avenue in Morrisania, The Bronx. All images courtesy of NYC Housing Connect

Affordable Housing Lottery Launches for 972 Washington Avenue in Morrisania, The Bronx

6:30 am on April 27, 2021 By Vanessa Londono

The affordable housing lottery has launched for 972 Washington Avenue, a 12-story building in Morrisania, The Bronx. The 83,811-square-foot development was designed by EQ Architecture And Design, and yields 107 supportive housing units. Available on NYC Housing Connect are 41 units for residents at 60 percent of the area median income (AMI), ranging in eligible income from $31,406 to $57,300.

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

8:00 am on April 26, 2021 By Vitali Ogorodnikov

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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Nine-Story Hotel at 41-03 21st Street Nears Completion in Long Island City, Queens

7:30 am on April 26, 2021 By Michael Young

Construction is nearing completion on 41-03 21st Street, a nine-story, 115-room hotel in Long Island City, Queens. Designed by Michael Kang Architect and developed by Vision Asset Group LLC, the 91-foot-tall structure stands at the corner of 21st Street and 41st Avenue by the 21st Street-Queensbridge station, servicing the F train. Sam Sai Hospitality LLC is set to operate the 34,440-square-foot hotel.

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