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New Renderings Revealed for 550 Tenth Avenue in Hell’s Kitchen, Manhattan

8:00 am on July 19, 2022 By Michael Young

YIMBY has an exclusive set of new renderings for a 47-story residential skyscraper at 550 Tenth Avenue in Hell’s Kitchen. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the 430,000-square-foot tower will yield 453 units with 316 at market rate and 137 for moderate and middle incomes, as well as 9,000 square feet of retail space, over 20,000 square feet of amenities, and 26,764 square feet of administrative office space for Covenant House. Demolition is complete and foundations are underway at the site, which is located along Tenth Avenue between West 40th and 41st Streets.

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

8:00 am on July 18, 2022 By Vitali Ogorodnikov

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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YIMBY Scopes the Views From Central Park Tower at 217 West 57th Street in Midtown, Manhattan

8:00 am on June 21, 2022 By Michael Young

YIMBY took an exclusive tour of the top floors of Central Park Tower, a 131-story supertall at 217 West 57th Street in Midtown, Manhattan and holder of the titles of tallest residential building in the world and tallest structure in New York by roof height. Designed by Adrian Smith + Gordon Gill and developed by Extell, the 1,550-foot Billionaires’ Row skyscraper yields 179 condominiums designed by Rottet Studio and marketed by Corcoran Sunshine, as well as a 320,000-square-foot, seven-story Nordstrom retail podium bound by West 57th and West 58th Streets and Broadway and Seventh Avenue.

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Excavation Begins for 220 Eleventh Avenue in West Chelsea, Manhattan

7:30 am on June 13, 2022 By Michael Young

Work is progressing below grade for the Hudson Arts Building, a ten-story commercial structure at 220 Eleventh Avenue in West Chelsea. Designed by STUDIOS Architecture and developed by The Moinian Group, the project is located along Eleventh Avenue between West 25th Street and West 26th Streets. 220 Eleventh, LLC is the owner, AECOM Tishman is the general contractor, and JLL is the exclusive leasing agent for the Midtown, Manhattan property.

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The Willoughby Celebrates Grand Opening at 196 Willoughby Street in Downtown Brooklyn

8:00 am on June 12, 2022 By Michael Young

YIMBY attended the ribbon cutting ceremony marking the grand opening of The Willoughby, a 34-story mixed-use tower at 196 Willoughby Street on Long Island University‘s Downtown Brooklyn campus. Designed by Perkins Eastman and developed by RXR Realty, the 445-foot-tall structure yields 476 residential units ranging from studios to two-bedrooms, as well as new academic and office spaces, an adjacent athletic field to the east, and parking for 564 vehicles directly below. Hunter Roberts Construction Group served as the general contractor for the Brooklyn project, which is bound by Willoughby Street to the north, Ashland Place to the east, DeKalb Avenue to the south, and Flatbush Avenue Extension to the west. The building dedicates 30 percent of units as rent stabilized apartments for middle-income households.

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