115 East 55th Street Completes Construction in Midtown East, Manhattan

Construction is complete on 115 East 55th Street, an 18-story residential building in Midtown East. Designed by SLCE Architects for Zeckendorf Development, the 185-foot-tall structure yields 71,961 square feet and 58 units. CM & Associates Construction Management served as the general contractor for the Midtown property, which is located on a relatively small plot between Lexington and Park Avenues, directly to the east of Norman Foster‘s 425 Park Avenue.

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YIMBY’s 2022 Q2 Report Reveals Sustained Filing Volume from April Through June in New York City

Figures for new construction permit filings for New York City for the second quarter of 2022 are in, and YIMBY’s latest analysis reveals that a number of positive trends emergent in the year’s first quarter have continued at a sustained pace. During the period spanning April, May, and June, the Department of Buildings registered permit filings for a combined total of around 13.1 million square feet, which, among other uses, includes 9,997 residential and hotel rooms. Although the square footage of the average filing is slightly smaller compared to the first quarter, the 857 new permits filed in the second quarter almost exactly match the total of 862 filings in the previous quarter, with both figures substantially exceeding quarterly averages from the previous year. Below we share a detailed analysis of the aggregated permit data. The full data set on which we based our research is available with a subscription to YIMBY’s Building Wire service.

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Related Unveils First Rendering of 450 Washington Street in Tribeca, Manhattan

The first rendering of 450 Washington Street has been released by developer Related Companies along with a teaser website. Located in Tribeca, the new condominium development is a full renovation of a former rental building, complete with new interior walls, layouts, façade, and windows. Designed by Roger Ferris + Partners, the full-block construction will bring 176 residences to the Hudson River waterfront. Hollander Design is handling landscape architecture. Corcoran Sunshine Marketing Group is exclusively handling marketing and sales at 450 Washington, with residences priced from approximately $1 to $10 million.

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