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YIMBY Takes in the Views from 570 Broome Street in Hudson Square, Manhattan

YIMBY went to visit the upper floors of 570 Broome Street and see the skyline views from the completed 25-story residential building in Hudson Square. Designed by Builtd with Skidmore Owings & Merrill handling the lobby and interiors, and developed by Soho Broome Condos LLC, the building yields 54 condominiums that are currently 80 percent sold. The property is bound by Broome Street to the south, Varick Street to the east, Dominick Street to the north, and the entrance lanes to the Holland Tunnel and Hudson Street to the west.

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YIMBY’s 2021 Construction Report Shows 30,036 New Residential Unit Filings in New York City

YIMBY’s 2020 New Building Report, covering 2019’s numbers, showed a substantial increase in applications, with 2019’s total filings reaching 36,467. This year, the numbers have dropped somewhat, with 2020’s submitted residential units totaling 30,036. While this was a decrease, it was still substantially above the 2018 total of only 20,393 new units filed, indicating that in spite of the profound headwinds beginning in March of last year that are now seemingly abating, permitting activity remained fairly vigorous. The full report covering 1,774 new buildings and over 57 million square feet of new floor space is available in Excel format upon purchase of YIMBY’s Building Wire subscription.

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YIMBY’s Q2 2020 Construction Report Reveals 9,309 Residential Units Filed and Continued Brisk Activity

The second quarter of 2020, without a doubt, has brought more upheaval to New York and the United States at large than any period since September of 2001. However, in spite of all of the challenges, the city is continuing to grow: 476 new building permits were filed in the three-month period from April through June, spanning 9,309 multi-family units, with the full rundown of all the new developments in Excel format available at the link. While this was down somewhat from Q2 2019’s 12,123 residential unit filings for the same time period, it was still up substantially from 7,010 filings during Q2 of 2018, indicating that New York City’s economic engine remains revving.

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