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.
Back in May, applications were filed for a new 27-story hotel at 305 West 48th Street, between Eighth and Ninth Avenues in Hell’s Kitchen. Now, we have the first rendering for the project, which is being designed by Gene Kaufman.
Permits have been filed for a six-story commercial hotel at 187 Cook Street, in Williamsburg, Brooklyn. This permit differs from a previous application filed in April 2016, proposing an office building designed by Charles Mallea’s M Architecture. The border with Bushwick is only two blocks away, and the site sits seven blocks away from the Morgan Avenue Subway Station, serviced by the L trains, and eight blocks away from the Flushing Avenue Subway Station, serviced by the J, M, and Z trains.
It’s been more than two years since we’ve heard any news about 456 Greenwich Street, a large eight-story hotel development that’s been inactive since the extant structures were demolished. The silence was broken Friday, December 22nd, when Caspi Development, Mactaggart Family & Partners, and Barone Management celebrated the official groundbreaking in Tribeca.
Yesterday, construction topped-out on the TWA Hotel, which flanks the famous TWA Flight Center designed by Eero Saarinen at JFK Airport. This news comes almost exactly a year after the groundbreaking ceremony, held with Governor Andrew Cuomo on December 15th, 2016. The hotel creates 50,000 square feet of meeting and event space, as well as eight restaurants and six bars. 10,000 square feet of observation space will be made available to the public.