When it comes to new development in New York City, one of the most prolific and notable of the current firms in existence is The Durst Organization, which previously led the construction of One World Trade Center in a public-private partnership with The Port Authority. YIMBY recently interviewed its eponymous head, Douglas Durst, who gave updates on the firm’s major new Long Island City project, dubbed Sven, as well as a range of other topics.
Articles by Nikolai Fedak
Recently, new developments and re-zonings promising community and retail amenities alongside thousands of new affordable housing units have been stymied in Two Bridges and Inwood. Now, plans for substantial injections of the aforementioned components by the Olnick Organization at Harlem‘s Lenox Terrace have been attacked as well. Spearheaded by Manhattan Borough President Gale Brewer, the latest effort constitutes a contemporary example of redlining, and is an explicit violation of the National Civil Rights Act of 1968.
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.
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leaked in a JPMorgan Chase report accompanying YIMBY’s last post indicate that this specific version could already be outdated relative to the previous reveal.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.