Residential




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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707 Willoughby Avenue in Bedford-Stuyvesant, Brooklyn

Permits Filed for 707 Willoughby Avenue in Bed-Stuy, Brooklyn

Permits have been filed for a seven-story residential building at 707 Willoughby Avenue in Bedford-Stuyvesant, Brooklyn. Located between 75th Street and 76th Street, the interior lot is a five-minute walk to the Myrtle Avenue-Broadway subway station, serviced by the J, M, and Z trains. Vision Development under the Vision Estates Holdings is listed as the owner behind the applications.

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