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YIMBY’s 2023 Q1 Report Tallies 9,138 Residential and Hotel Units Filed From January Through March in New York City

As New York City abounds with fresh spring blooms, New York YIMBY has fresh numbers reflecting the permit filing activity that took place in the first quarter of 2023. In the period spanning from January through March, the Department of Buildings registered permits for 840 new buildings (surpassing last year’s quarterly average of 806), combining for a total of 13.4 million square feet. Of these, 668 building will be allocated for residential and hotel use, and will contribute a total of 9,138 units to the city. The full quarterly report, summarized below in a series of custom charts and analyses, is available with a subscription to YIMBY’s Building Wire.

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550 Tenth Avenue Rises Steadily in Hell’s Kitchen, Manhattan

Construction is rising on 550 Tenth Avenue, a 47-story residential skyscraper in Hell’s Kitchen, Manhattan. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the 520-foot-tall structure will yield 430,000 square feet and 453 rental units, with 137 reserved for affordable housing, 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. GO Covenant LLC is the owner and Monadnock Construction is the general contractor for the property, which is located along Tenth Avenue between West 40th and 41st Streets.

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Demolition Begins for Office Skyscraper at 413-421 Ninth Avenue in Midtown West, Manhattan

Demolition preparations are underway at 413-421 Ninth Avenue, the site of a 34-story commercial skyscraper in Midtown West, Manhattan. Designed by Nickolas Zigomanis of Adamson Associates and developed by Cove Property Group under the CBP Hudson Avenue Owner LLC, the 535-foot-tall structure will yield 287,692 square feet of office space, ground-floor retail, and a cellar level. Alba Services is the demolition contractor for the project, which is located between West 33rd and 34th Streets.

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Aerial rendering of the sky garden and terrace at 200 Madison Avenue - Rendering courtesy of Vocon

Renderings Reveal Amenity Spaces at 200 Madison Avenue in Midtown, Manhattan

A batch of renderings are the first to reveal new amenity spaces at 200 Madison Avenue, a 26-story landmarked office tower in Midtown, Manhattan. George Comfort & Sons, the current owner of the building, has partnered with architecture and design firm Vocon to transform the common areas into more engaging light-filled spaces that also honor the history of the Neo-Renaissance-style building.

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300 West 30th Street Completes Construction in Chelsea, Manhattan

Construction is complete on 300 West 30th Street, a 16-story residential building in Chelsea, Manhattan. Designed by Studio C Architects and developed by Hiwin USA, the structure yields 69 condominium units in studio to two-bedroom layouts, as well as ground-floor retail space. Workshop/APD was the interior designer, Efin Management Corporation was the general contractor, and Corcoran New Development is handling sales and marketing for the property, which is located at the corner of West 30th Street and Eighth Avenue, a short walk from Madison Square Garden, Penn Station, and Moynihan Train Hall.

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