Excavation Progresses at 18 West 55th Street in Midtown, Manhattan 

Excavation is in full swing at 18 West 55th Street, the site of a forthcoming 24-story residential building in Midtown, Manhattan. Designed by Morris Adjmi Architects and developed Garden Homes under the 18 West 55th Street LLC, the 289-foot-tall structure will yield 152,084 square feet with 97 rental units spread across 127,909 square feet, as well as 6,380 square feet of ground-floor commercial space and a 10,343-square-foot cellar level. Garden Homes and co-developer and general contractor Skyline Developers purchased the property, which is located between Fifth and Sixth Avenues, for $75 million in 2019.

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Looking up at the East End Gateway inside Penn Station's new Long Island Railroad (LIRR) Concourse - Courtesy of Lucas Blair Simpson © SOM

Construction Finishes on Penn Station’s Long Island Rail Road Modernization in Midtown, Manhattan

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.

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Housing Lottery Launches for The Willow at 750 East 134th Street in Port Morris, The Bronx

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.

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New York YIMBY’s 2023 Q2 Report Counts 16,202 Residential and Hotel Unit Filings, a 77 Percent Increase Over Previous Quarter

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.

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