Midtown West

The 2020 skyline

New York YIMBY’s 2018 Construction Report: New Building Applications Finally Stabilize After Two Years of Massive Drops

Last year, YIMBY’s pipeline report showed a dramatic decrease in new building filings, with 2015’s multi-family count of 32,702 units falling precipitously, to 19,356 in 2016. Fortunately, the hemorrhaging of pipeline additions has nearly come to a complete stop, and 2017 saw filings for 19,180 multi-family units, a drop of under one percent. The full report, covering all 2,030 new building applications filed last year, is downloadable in Excel format at the following link.

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50 Hudson Yards

Excavation Begins for Supertall 50 Hudson Yards, Demolition of Old Coach HQ Nears Finish Line

Related’s towers rising over the Eastern Railyards as part of the Hudson Yards redevelopment have been well over a decade in the making, but one block to the north, progress has been substantially faster on the redevelopment of the southwest corner of 34th Street and 10th Avenue. YIMBY previously reported that Mitsui Fudosan took a 90% ownership stake from Related¬†as of early September, and now, excavation is underway.

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As 2017 Election Begins, New York’s NIMBY Politicians Threaten City’s Future

New York City has a problem. As local politicians have consolidated their grip on power over the past several decades, many have become increasingly prone to serving specific groups of constituents instead of overarching ideals, noble, or otherwise. The Five Boroughs are no stranger to this kind of issue, with periods of historical stagnancy well-documented. But with electoral participation at staggeringly delegitimizing lows, local leaders like Gale Brewer will easily cruise to re-election. Amidst a backdrop of surging NIMBYism that is now more than glad to co-opt the tactics of Fake News, the outlook for the next few years on election day is rather bleak, as the politics of New York’s inward-looking regressive leaders will put up far greater barriers to entry than any potential wall along the Mexican border.

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