YIMBY’s 2022 Q4 Report Shows a Surge of New Housing Filings with 13,030 Units Filed from October through December

The fourth-quarter numbers for New York City’s construction filings are in, and YIMBY is excited to report that the overall figures from October through December dramatically outpace those from the previous quarter. Although the total number of new building filings is slightly down, dipping from 768 in Q3 to 738 in Q4, the number of residential and hotel unit filings surged from 7,217 in Q3 to 13,030 in Q4. Similarly, the total filed-for floor area effectively doubled, rising from 10.6 million square feet in Q3 to 20.3 million square feet in Q4. In effect, not only has the size of the average filing become twice as large during the period, but it also increased in height from an average of 3.2 in Q3 to 4.1 in Q4. The full report in Excel format is available with a subscription to YIMBY’s Building Wire.

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John A. Paulson Center Completes Construction at 181 Mercer Street in Greenwich Village, Manhattan

Construction is complete on the John A. Paulson Center, a 23-story academic building for New York University at 181 Mercer Street in Greenwich Village. Designed by Davis Brody Bond and KieranTimberlake, the 735,000-square-foot structure is the largest expansion in the history of the campus and consists of three glass-clad towers rising from a podium spanning a full city block. Permasteelisa engineered and manufactured the facade, and Turner Construction Company was the contractor for the $1.2 billion project, which is bound by Bleecker Street to the north, Houston Street to the south, Mercer Street to the east, and I.M. Pei’s University Village complex to the west.

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450 Eleventh Avenue’s Façade Progresses Slowly in Hudson Yards, Manhattan

Curtain wall installation is slowly progressing on 450 Eleventh Avenue, a 51-story hotel skyscraper in Hudson Yards. Designed by DSM Design Group and developed by Marx Development Group, the 642-foot-tall structure will yield 379 guest rooms, a business center, a ballroom, and a fourth-floor restaurant with a bar and an outdoor terrace. Atria Builders is the general contractor for the Midtown, Manhattan property, which is located at the corner of West 37th Street and Eleventh Avenue, directly across from the Jacob K. Javits Center.

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