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YIMBY Scopes Views From “VU,” aka 368 Third Avenue, In Kips Bay

Construction on VU, aka 368 Third Avenue, continues to move forward as the new condominium development gets ready to launch sales in the coming months. It is the tallest new residential building in the vicinity at 410-feet-tall and features a 36-story reinforced concrete structure. VU is located in the Manhattan neighborhood of Kips Bay and provides unobstructed views of Midtown, Lower Manhattan, and the East River. The interiors and amenities are designed by Paris Forino and SLCE is the architect. Developed by Minrav Development, the 145,000-square-foot superstructure will yield 100 apartments which will include studios to three-bedrooms. YIMBY recently got to check out the building.

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335 West 39th Street in Midtown West, Manhattan

Demo Permits Filed for 335 West 39th Street in Midtown West, Manhattan

Full demolition permits have been filed for 335 West 39th Street in Midtown West, Manhattan. According to the filing, the site is owned by Jonah Kriger under the 335 West 39th Street Realty Company and currently houses a four-story commercial building with three units. It appears Penn Plaza Consultants is also involved in the partnership. The 43-foot-tall structure was built in 1910.

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One Vanderbilt’s Spire Reinstalled Atop Midtown East

Last week, the top half of One Vanderbilt‘s 100-foot-tall architectural spire was finally replaced at the pinnacle of the 77-story Midtown East supertall. The spire was first put in place when the 1,401-foot-tall skyscraper topped out on September 18, 2019, but was disassembled in mid-December to make it easier for the construction crane to swing about. The reinstallation marks a major construction milestone for the Kohn Pedersen Fox-designed office tower, which is getting close to completion.

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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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