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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Façade Installation Progresses on 1841 Broadway on Manhattan’s Upper West Side

Façade work continues on 1841 Broadway, a 25-story residential tower on Manhattan’s Upper West Side. Designed by INC Architecture & Design with SLCE Architects as the architect of record and developed by Global Holdings Management Group, the 281-foot-tall structure will span 180,813 square feet and yield 173 market-rate and affordable housing units and 11,741 square feet of retail space on the first two levels. Pavarini McGovern is the general contractor and DeSimone Consulting Engineers is the façade consultant for the property, which is located at the corner of Broadway and West 60th Street, just north of Columbus Circle and the southwest corner of Central Park.

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Housing Lottery Launches for Twin Parks Terrace in Fordham Heights, The Bronx

The affordable housing lottery has launched for Twin Parks Terrace, a 14-story mixed-use building at 373 East 183rd Street in Fordham Heights, The Bronx. Designed by Danois Architects and developed by NYC Housing Authority, the structure yields 181 residences and 11,000 square feet of retail space. Available on NYC Housing Connect are 135 units for residents at 40 to 80 percent of the area median income (AMI), ranging in eligible income from $22,012 to $132,400.

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