Architecture

YIMBY’s 2021 Q1 Report Shows 3,566 New Residential Units Filed from January through March

Filing statistics for the first quarter of 2021 are in, and New York YIMBY has prepared a detailed report that analyzes the findings. During the period from January through March, applications were filed for 3,566 new residential units across the five boroughs. Compared to the first quarter of 2020, the number of buildings filed dipped slightly in January (from 163 in 2020 to 135 in 2021) and negligibly in February (from 158 in 2020 to 158 in 2021). The unexpected surprise came in March, when a total of just six new building applications were filed over the course of the month, which is a collapse compared to the 147 filings registered in March of last year. However, many of the projects filed for during this period were conceived during the height of local and global economic uncertainty. In addition, in early March of 2021, the city implemented a moratorium on permit filings for properties that had unresolved violations, which may have further deflated the total number of new buildings filed. The full Excel spreadsheet of all Q1 2021 applications is available with purchase of the Building Wire subscription.

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Nine-Story Hotel at 41-03 21st Street Nears Completion in Long Island City, Queens

Construction is nearing completion on 41-03 21st Street, a nine-story, 115-room hotel in Long Island City, Queens. Designed by Michael Kang Architect and developed by Vision Asset Group LLC, the 91-foot-tall structure stands at the corner of 21st Street and 41st Avenue by the 21st Street-Queensbridge station, servicing the F train. Sam Sai Hospitality LLC is set to operate the 34,440-square-foot hotel.

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Construction and Renovation for 45-18 Court Square Nears Completion in Long Island City, Queens

Exterior work is nearing completion on the Innolabs life science facility at 45-18 Court Square in Long Island CityQueens. Designed by Perkins + Will and developed by King Street Properties, Newmark Knight Frank, and GFP Real Estate, the project involves a ground-up six-story addition in multiple wings and the rehabilitation of the central building. The property is located just south of Jackson Avenue between Court Square West and Pearson Street, and is a short walk from the Court Square subway station, servicing the 7, E, and G trains.

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Façade Work Progresses on Parcel G in Hunters Point South, Queens

Façade work is progressing on the topped-out superstructure of “Parcel G,” a 34-story tower in Hunters Point South, Queens. Designed by Handel Architects and developed by Gotham Organization, the building will yield 443 residential units, of which a portion will be dedicated to affordable housing, as well as a lower-level community facility for Flux Factory and for kayak rentals. The site is located by the intersection of 2nd Street and 56th Avenue.

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165 Lexington Avenue, designed by Isaac & Stern Architects.

165 Lexington Avenue Progresses in Kips Bay, Manhattan

Exterior work is progressing on 165 Lexington Avenue, an 11-story residential building in Kips Bay, Manhattan. Designed by Isaac & Stern Architects and developed Brooklyn North Capital and Riverbrook Equities, the 58,630-square-foot structure will yield 43 condominium units in studio to two-bedroom layouts, averaging 918 square feet. DNArc Design Studio is in charge of the interiors and The Serhant Team and Nestseekers International are responsible for sales and marketing for the property, which is situated along Lexington Avenue between East 30th and 31st Streets.

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