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New York YIMBY’s 2019 Construction Report Shows Impressive 70% Year-Over-Year Surge in Multi-Family Housing Filings

Once again, January has arrived, alongside New York YIMBY’s annual pipeline report. After our mid-2018 update portended a banner year for new construction, the 2019 report has confirmed it, as the total number of multi-family units filed with the Department of Buildings saw a tremendous surge over the past 365 days. 2018 saw 32,580 multi-family units filed with the DOB, beating 2017’s total of 19,180 units by a whopping 70%. The full 2019 report, containing all 2,482 of 2018’s new building filings in spreadsheet format, is available at the following link for $199.

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The XI, rendering from TheXI.com

BIG’s Second Twisting Tower for “The XI” Begins Rapid Ascent Above The High Line in Chelsea, at 76 Eleventh Avenue

Since its first tower topped-out, The XI has been making steady progress, and now the project’s second residential building is starting to rise adjacent to The High Line. Designed using the same architectural language, the second tower’s twisting profile will compliment its larger sibling directly to the west. Designed by Bjarke Ingels Group, developed by HFZ Capital, and built by Omnibuild, the XI is located at 76 11th Avenue and is one of the newest additions to come to Chelsea’s High Line corridor.

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Work Fully Wraps for 412 West 15th Street in Chelsea

Standing across the street from Chelsea Market is a new 270-foot, 18-story office building spanning 130,000 square feet, designed by CetraRuddy Architecture and developed by Rockpoint Group and Atlas Capital. 412 West 15th Street stands between Ninth and Tenth Avenue above the Meatpacking District in Chelsea, with a tall glass facade and dark metal panels featuring textured geometric panels. The project is also connected to two landmarked buildings along West 14th Street that have a combined square footage of around 85,000 square feet.

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Skyline Views From the Top of COOKFOX-Designed 25 Park Row, in Lower Manhatan

YIMBY recently toured COOKFOX’s 25 Park Row, and snapped the sunset and skyline views from the 41st floor of the 49-story, 665-foot tall residential skyscraper. Standing on what would be a full-floor unit, the space will soon be home to some of the best views of both Lower Manhattan, and Midtown to the north. The tower is developed by  L&M Development Partners and the J&R Music Store founders, while sales of the 110 units are being handled by Corcoran Sunshine Marketing Group.

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Excavation and Foundation Work Underway for Extell’s 50 West 66th Street, Soon-To-Be Tallest Tower on the Upper West Side

Situated across the street from the ABC News television studios on the Upper West Side is the site of 50 West 66th Street. Just off of Columbus Avenue, the future 775-foot high residential tower will be the tallest on the Upper West Side when complete. It is being designed by Snohetta and developed by Extell, and is currently the 23rd tallest skyscraper under construction in the Five Boroughs.

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