The $414 million renovation of Penn Station‘s Long Island Rail Road concourse is now complete in Midtown, Manhattan. Designed by Skidmore, Owings & Merrill, AECOM, and Skanska, the project centered on the station’s cavernous 33rd Street corridor, improving circulation and access for more than 600,000 people who traverse the corridor daily.
The affordable housing lottery has launched for The Willow, an eight-story mixed-use building at 750 East 134th Street in Port Morris, The Bronx. Designed by Newman Design Architects and co-developed by JCAL Development and Altmark Group, the structure yields 133 residences and 9,456 square feet of commercial space. Available on NYC Housing Connect are 112 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $17,006 to $140,080.
Permits have been filed for a five-story commercial building at 48-37 48th Street in Sunnyside, Queens. Located between 48th Avenue and 50th Avenue, the lot is near the 52nd Street subway station, serviced by the 7 train. Denis Iserovich of East End Capital is listed as the owner behind the applications.
The second quarter of the year has come to a close, and as New Yorkers enjoy some of the year’s warmest weather and longest days, YIMBY has compiled our latest comprehensive quarterly overview of new project filings with the Department of Buildings from April through June. Given the acute housing crisis that continues to grip the city, we are happy to report that the Q2 total of 16,202 residential and hotel unit filings represents a dramatic 77-percent surge over the previous quarter’s total of 9,138. Equally promising is the near-doubling of the total filed-for square footage, which rose from 13.4 million square feet in Q1 to 23.2 MSF in Q2. In all, developers submitted filings for 956 new buildings during the three-month period, a notable increase from the previous quarterly total of 840. Below we look at the findings via a series of charts and analyses. The full list of quarterly filings, with detailed information on every project, is available with a subscription to YIMBY’s Building Wire.
Maynooth Holdings has won approvals to construct a mixed-use rental building at 132 Halstead Avenue in Westchester County. When complete, the four-story building in Harrison will contain a mix of ground-floor commercial space, a parking garage, 12 apartments, and a small collection of amenities.