While 2014 was a banner year for new building filings in the five boroughs with 44,817 new units entering the DOB pipeline, 2015 saw a substantial decrease in activity. With 33,973 units filed in new developments over the course of last year, year-over-year filings decreased by almost 25%.
Developer Yin C. Hu has already knocked down a Met Food grocery store to make way for a mixed-use tower at 41-62 Bowne Street in Flushing, and now YIMBY has a look at what the building will look like once it’s complete.
It was back in May of 2015 that YIMBY brought you a new rendering of the 21-story mixed-use development at the corner of Schermerhorn and Nevins streets in Downtown Brooklyn. Now, thanks to photos sent to us by our friend Tectonic, we can report that 319 Schermerhorn Street’s construction has nearly reached the half way mark.
Stories are rising fast at Franklin Avenue and Dean Street in Crown Heights, where a glassy, loft-style rental is replacing part of a 19th century brewery.
The New York Public Library plans to build a new Roosevelt Island branch at the site of the existing building at 502 Main Street. Located in the East River between Queens and Manhattan island, Roosevelt Island is politically part of Manhattan. According to Curbed NY, the new library will measure 5,465 square feet and will feature a 670 square-foot community room, a children’s room and teen space, as well as many more computers. The old 2,200 square-foot facility at 524 Main Street is reportedly struggling to keep up with public demand. Smith-Miller+Hawkinson Architects is designing the new library, which is scheduled to open in late 2017 or early 2018.