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New York YIMBY’s 2020 Construction Report Shows 36,467 New Residential Unit Filings, A 7.1% Jump

8:00 am on January 7, 2020 By Nikolai Fedak

YIMBY’s 2019 New Building Report, released this time last year, showed a major jump in applications from 2017 into 2018, with new residential units filed with the Department of Buildings rising from 20,393 to 34,039. YIMBY’s 2020 New Construction Report shows that citywide gains continued into 2019, with total units filed increasing to 36,467, a jump of 2,428 or 7.1%. The full report is available in spreadsheet format at the link for $199.

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Midtown and Billionaires' Row from the Empire State Building's 102nd floor observatory

YIMBY Tours the Empire State Building’s Newly Renovated Observatories

8:00 am on January 1, 2020 By Matt Pruznick

For more than 40 years, the Empire State Building‘s observatory reigned as the loftiest manmade place on Earth. Though no longer the pinnacle of New York, the Art Deco masterpiece’s Olympian mass still cuts an uncontested figure in the popular imagination as a symbol of the city and is an enduring emblem of human might and ingenuity. Today, as the supertall enters its tenth decade, it welcomes visitors with a fresh new face, the product of a four-year, $165 million renovation to improve the experience for the 10,000-odd guests that stream through its doors each day.

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Central Park Tower’s Glass Curtain Wall Nears Completion in Midtown

8:00 am on December 31, 2019 By Michael Young

Taking the number-one spot in our annual construction countdown is the 1,550-foot-tall Central Park Tower, aka 217 West 57th Street, the tallest building by roof level in New York City and the entire western hemisphere, as well as the tallest residential building in the world. Work on the glass curtain wall is approaching the parapet of the slender reinforced concrete superstructure, which rises 99 stories above 57th Street, aka Billionaires’ Row. The project is designed by Adrian Smith + Gordon Gill and developed by Extell, which is expecting a $4 billion sellout on the tower’s 179 residences. A 320,000-square-foot Nordstrom flagship occupies the base of the building.

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Hilton Grand Vacation Hotel’s Metal Façade Nears Parapet at 12 East 48th Street in Midtown East

7:30 am on December 22, 2019 By Michael Young

Installation of the metallic façade panels is approaching the roof parapet on the main elevation of 12 East 48th Street in Midtown East. Located between Madison Avenue and Fifth Avenue,the slim reinforced concrete superstructure will eventually open as a 161-room Hilton Grand Vacation Hotel. Handel Architects is the designer, while Hidrock Realty is the developer of the property.

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David Adjaye’s 130 William Street Finishes Curtain Wall Installation in Financial District

8:00 am on December 13, 2019 By Michael Young

The final charcoal-colored curtain wall panels were recently hoisted into place on 130 William Street, the 19th tallest skyscraper under construction in our annual countdown. Designed by David Adjaye of Adjaye Associates, the 800-foot-tall residential building made rapid progress throughout 2019, capped now by the completion of its signature façade of concrete-cast arches. The 66-story Financial District project is being developed by Lightstone, with Hill West Architects as the architect of record. Corcoran Sunshine Marketing Group is handling sales and marketing for the 242 residential units, which will range in price from around $1,300,000 for a one-bedroom to $20,000,000 for a four-bedroom, full-floor penthouse.

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