New building applications for single and multi-family residential developments in New York City saw a major slowdown in 2016, as the fading boom following the changes that occurred at the Department of Buildings in 2014 began to slack further. Numbers have plunged by over half since 2014, and by 38 percent since 2015. The full report with spreadsheets covering every new building application is available at the research store.
A major step forward for the New York City skyline was taken on Tuesday morning. Elected officials joined developers to celebrate the official groundbreaking for One Vanderbilt.
A year ago, SL Green began knocking down a full block of prewar commercial buildings next to Grand Central to make way for a 1,401-foot-tall office tower at One Vanderbilt Avenue. Now YIMBY has a time lapse of the lengthy demolition between 42nd and 43rd Streets, courtesy of the project’s PR team.
YIMBY has brought you several composite renderings of what the skyline will look like over the next few years. Now we have a fresh image of what the city’s future holds, thanks to YIMBY Forums user Thomas Koloski, which illustrates the major changes soon coming to Jersey City, Manhattan, and Brooklyn. Most of the projects added to the image are either already under construction or imminently rising, and their collective impact on the cityscape will push the New York City skyline to new, Coruscantian heights.
While most of YIMBY’s recent supertall coverage has focused on the 57th Street corridor projects like 220 Central Park South (nearly supertall) and 217 West 57th Street (Central Park Tower), there’s also a commercial supertall set to shine over Midtown, and it’s getting closer to beginning its ascent.