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.
Articles by Nikolai Fedak
Last month, YIMBY posted the first look at plans and renderings for 270 Park Avenue, which will become the future headquarters for JPMorgan Chase. The structural behemoth will become one of the largest office buildings in the Five Boroughs upon completion, totaling 2.5 million square feet and rising approximately 1,425 feet to its pinnacle. Today, we have another look at the project thanks to visualization firm ATCHAIN. While this image is the most refined of what has been revealed to date, differences in the silhouette between this version and the one leaked in a JPMorgan Chase report accompanying YIMBY’s last post indicate that this specific version could already be outdated relative to the previous reveal.
This past September saw concrete reach the rooftop of Extell‘s record-setting Central Park Tower at 217 West 57th Street, and shortly thereafter One Vanderbilt‘s spire quickly come together at the top of SL Green‘s new commercial jewel. October has also commenced with a bang, and last week, workers installed the first steel for the crowning level of SHoP Architects‘ 111 West 57th Street, reaching the parapet 1,428 feet above the streets below. That makes the building the second-tallest in New York City by its parapet, ranking below the 1,550-foot Central Park Tower, and above the 1,396-foot 432 Park Avenue. Work has indeed reached the last section of the crown, but is important to note that the supertall has not officially topped out yet.
One of the largest potential office buildings in New York City has long been in the works on the site of the Hotel Pennsylvania, at 401 Seventh Avenue, with renderings for a soaring supertall first released last decade. But now, YIMBY has the latest on Vornado’s newest vision for the site, which would place Facebook within a massive 2.8-million-square-foot tower designed by Rafael Vinoly, dubbed “Penn15” in the brochure.
Amidst the ongoing evolution of the Manhattan skyline, one of the most notable recent changes has been the completion of the Midtown East rezoning, which has already resulted in the rise of One Vanderbilt. Now, with 270 Park Avenue and other projects already on the development boards, Vornado and Rudin Management’s plans for 350 Park Avenue have been fully revealed, depicting yet another supertall that would rise almost 1,500 feet to its pinnacle. While the architect has not been confirmed, YIMBY is strongly suspicious that the design is by Foster + Partners, the firm responsible for the nearly-complete 425 Park Avenue.