509 Third Avenue Nears Topping Out in Murray Hill, Manhattan

Construction is nearing topping out on 509 Third Avenue, a 35-story residential tower in Murray Hill. Designed by Ismael Leyva Architects and developed by Lalezarian Properties under the Third and Thirty Four LLC, and Kahen Properties. The 386-foot-tall structure will yield 166,917 square feet with 229 residential units, most likely rentals with an average scope of 692 square feet each, as well as 8,253 square feet of commercial space and a 30-foot-long yard. The property is located at the corner of Third Avenue and East 34th Street.

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Demolition Complete for 40-Story Tower at 111 Willoughby Street in Downtown Brooklyn

Demolition is complete at 111 Willoughby Street, the site of a 40-story residential tower in Downtown Brooklyn. Designed by GF55 Architects and developed by The Michaels Organization, Triangle Equities, and Geolo Capital, the 437-foot-tall structure will yield 205,000 square feet with 227 rental units, a 20,000-square-foot ministry center for the St. Boniface parish, and 1,814 square feet of commercial space. ZDG is the general contractor for the property, which is located by the intersection of Willoughby Street to the south and Duffield Street to the east.

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The Hendrix Wraps Up Construction at 331 Marin Boulevard in Jersey City

Exterior work is wrapping up on The Hendrix, a 41-story residential tower at 331 Marin Boulevard in downtown Jersey City‘s Powerhouse Arts District. Designed by Marchetto Higgins Stieve and developed by The Albanese Group, the 400-foot-tall structure will yield 482 units, 121 parking spaces, a 125-seat theater, and 14,000 square feet of amenities. Hatfield Group is the façade consultant for the project, which is alternately addressed as 184 Morgan Street and is bound by Marin Boulevard to the east, Morgan Street to the south, Grove Street to the west, and Bay Street to the north.

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YIMBY’s 2022 Q1 Report Shows 19,337 New Residential and Hotel Units Filed From January Through March in New York City

Statistics for permit filings for New York City for the first quarter of 2022 are in, and YIMBY has exciting news to share. During the three months between January and March, the Department of Buildings has registered a total of 862 new building permits filings, skyrocketing past last year’s quarterly average of 504 filings. The filings add up to a total of 22.4 million square feet, nearly doubling last year’s quarterly average of 13.3 million. Among these, the filings for new residential and hotel properties yield a combined total of 19,337 units. Below we share a series of custom-made charts and analyses that break the data down into further detail. The full report is available with a subscription to YIMBY’s Building Wire service.

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611 West 56th Street Wraps Up Construction in Hell’s Kitchen, Manhattan

Exterior work is complete on 611 West 56th Street, a 35-story residential tower in Hell’s Kitchen. Designed by Portuguese architect Alvaro Siza with SLCE as the architect of record and developed by Sumaida + Khurana and LENY, the 450-foot-tall structure will yield 77 units with interiors designed by Gabellini Sheppard Associates. Homes come in one- to four-bedroom layouts, as well as duplex “maisonettes,” full-floor homes, and a grand penthouse. Corcoran Sunshine Marketing Group is handling sales and marketing for the property, which is alternately addressed as 823 Eleventh Avenue and is located at the corner of West 56th Street and Eleventh Avenue.

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