29 Jay Street Reaches Halfway Point in DUMBO, Brooklyn

Construction has reached the halfway point on 29 Jay Street, an 11-story commercial building in Brooklyn‘s DUMBO Historic District. Designed by Marvel Architects and developed by Jay Street Office LLC, the 150-foot-tall structure will yield 225,000 square feet of office space. Sciame Construction is the general contractor for the project, which is located at the northeast corner of Jay and Plymouth Streets.

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Housing Lottery Launches for The Bronx Grove at 261 East 202nd Street and 207 East 203rd Street in Bedford Park, The Bronx

The affordable housing lottery has launched for The Bronx Grove, two 11-story buildings at 261 East 202nd Street and 207 East 203rd Street in Bedford Park, The Bronx. Designed by Aufgang Architects and developed by Peter Fine, the structures yield 127 residences. Available on NYC Housing Connect are 127 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $0 to $132,400.

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YIMBY’s 2023 Construction Report Reveals 60 Percent Rise in Filings Over Previous Year

According to the cumulative data for permit filings for new construction in New York City in 2022, the Big Apple’s construction scene has some rather positive numbers to report. The data from the Department of Buildings shows that, over the course of the year, the city’s developers filed for a total of 3,225 new buildings, a 60 percent increase over last year’s tally of 2,017 permits. The total volume of new filed-for floor space also rose from 53 million square feet in 2021 to 66 million square feet in 2022. The combined volume of new residential and hotel unit filings increased from 45,019 in 2021 to 49,965 in 2022, and the full report in Excel format is available with a subscription to YIMBY’s Building Wire.

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