New York YIMBY’s 2023 Q2 Report Counts 16,202 Residential and Hotel Unit Filings, a 77 Percent Increase Over Previous Quarter

8:00 am on July 13, 2023 By Vitali Ogorodnikov

The second quarter of the year has come to a close, and as New Yorkers enjoy some of the year’s warmest weather and longest days, YIMBY has compiled our latest comprehensive quarterly overview of new project filings with the Department of Buildings from April through June. Given the acute housing crisis that continues to grip the city, we are happy to report that the Q2 total of 16,202 residential and hotel unit filings represents a dramatic 77-percent surge over the previous quarter’s total of 9,138. Equally promising is the near-doubling of the total filed-for square footage, which rose from 13.4 million square feet in Q1 to 23.2 MSF in Q2. In all, developers submitted filings for 956 new buildings during the three-month period, a notable increase from the previous quarterly total of 840. Below we look at the findings via a series of charts and analyses. The full list of quarterly filings, with detailed information on every project, is available with a subscription to YIMBY’s Building Wire.

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Housing Lottery Launches for 1607 Woodbine Street in Ridgewood, Queens

7:00 am on July 13, 2023 By Vanessa Londono

The affordable housing lottery has launched for The Ridgewood Apartments, a 17-story mixed-use building at 1607 Woodbine Street in Ridgewood, Queens. Designed by S9 Architecture and developed by AB Capstone, the structure yields 133 residences. Available on NYC Housing Connect are 30 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $94,286 to $198,250.

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360 Bowery Office Tower Tops Out Over Noho, Manhattan

8:00 am on July 12, 2023 By Michael Young

Construction has topped out on 360 Bowery, a 22-story commercial building in Noho, Manhattan. Designed by Morris Adjmi Architects and developed by AECOM-Canyon Partners under the ACEF-CBSKI 360 Bowery LLC, the 275-foot-tall structure will yield 112,617 square feet with 72,151 square feet of office space, 26,637 square feet of community facility space, and a cellar. SK Development of CBSK Ironstate are the owners, Ancora Engineering was the engineer of record for the excavation, and CM & Associates is the general contractor for the property, which is located at the corner of Bowery and East 4th Street.

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