West 39th Street between Eighth and Ninth Avenues in the Garment District already has four hotels, with another two in the works. But one builder has decided to buck the trend by filing applications for a residential development on the block, at 355 West 39th Street.
In May of 2014, YIMBY revealed renderings of Fortis Property Group’s residential tower at 151 Maiden Lane, in the Financial District, and we brought you additional images of the project that October. At the time, the tower was planned to be 51 stories tall, but now the structure is expected to rise 60 stories and 670 feet in height, according to Curbed. Dubbed One Seaport, the project will contain 80 condos, featuring a mix of one-, two- and three-bedroom units, which are being designed by S. Russel Groves. Sales are expected to launch in the fall. In July, YIMBY revealed the 33-story, 271-key hotel planned next door.
The latest numbers from the DOB show a major increase in year-over-year filings for August, and 2015’s running total has once again surpassed 2014’s, after falling behind in July. In terms of raw numbers, New York City saw new building applications submitted for a total of 4,020 units this past August, more than tripling last year’s figure of 1,281, and putting 2015’s running total of new units at 23,165 as of 8/31, ahead of 2014’s 21,099.
Coney Island’s housing market struggled in the years following Hurricane Sandy, but the last six months have brought plans for an 86-unit building on West 15th Street and the controversial 40-story tower at Trump Village.
Bushwick has rebounded from decades of abandonment and disinvestment, and developers now flock to a corner of the neighborhood dotted with vacant lots: the Myrtle-Wyckoff stop on the L and M trains. And today, YIMBY has a look at a little five-story rental project under construction at 359 Linden Street, between Wyckoff and Myrtle Avenues.
