New York YIMBY’s 2023 Fourth-Quarter Construction Report Sets Record for New Building Filings

8:00 am on February 6, 2024 By Vitali Ogorodnikov

New construction permit numbers are in for the fourth quarter of 2023, and the figures are encouraging. From October through December, New York’s developers filed permits for 1,521 new buildings, the highest quarterly tally for the 2020s decade so far. The figure represents a 54-percent increase from the third-quarter permit count of 986. The total filed for floor area also increased significantly, rising from 18.3 million square feet in Q3 to 23.1 million square feet in Q4 (a 26-percent increase), as did the number of filed for residential and hotel units, which grew from 14,010 in Q3 to 16,396 in Q4 (a 17-percent increase). The charts and analyses below offer a detailed breakdown of the fourth quarter’s permit filings. 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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Le Gallerie Progresses at 132 West 14th Street in Greenwich Village, Manhattan

7:30 am on February 6, 2024 By Michael Young and Matt Pruznick

Exterior work is progressing on Le Gallerie, a seven-story commercial building at 132 West 14th Street in Greenwich Village, Manhattan. Designed and developed by KPG Funds, the project involves the gut renovation and re-cladding of a structure that formerly served as an auxiliary space for the adjacent Salvation Army headquarters, and will yield 57,478 feet of Class A office and retail space, as well as a ground-floor art gallery. 132 West 14th Street Ground Lessee LLC is listed as the owner and MJM Associates Construction is the general contractor for the development, which is located on an interior lot between Sixth and Seventh Avenues.

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Housing Lottery Launches for 710-714 East 215th Street in Williamsbridge, The Bronx

6:30 am on February 6, 2024 By Vanessa Londono

The affordable housing lottery has launched for 710-714 East 215th Street, a four-story residential building in Williamsbridge, The Bronx. Designed by Boaz M. Golani of BMG Design Build and developed by Shaya Seidenfeld, the structure yields 16 residences. Available on NYC Housing Connect are 15 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $167,570.

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New Renderings Revealed For 200 East 75th Street on Manhattan’s Upper East Side

8:00 am on February 5, 2024 By Michael Young and Matt Pruznick

New renderings have been revealed for 200 East 75th Street, an 18-story residential building under construction in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Beyer Blinder Belle and developed by EJS Development, which purchased the property for $32.5 million in March 2021, the topped-out 214-foot-tall structure will span 97,569 square feet and yield 36 condominium units and ground-floor retail space. Triton Construction Industry is the general contractor for the project, which is alternately addressed as 1305-1307 Third Avenue and located at the intersection of Third Avenue and East 75th Street.

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