YIMBY’s 2020 New Building Report, covering 2019’s numbers, showed a substantial increase in applications, with 2019’s total filings reaching 36,467. This year, the numbers have dropped somewhat, with 2020’s submitted residential units totaling 30,036. While this was a decrease, it was still substantially above the 2018 total of only 20,393 new units filed, indicating that in spite of the profound headwinds beginning in March of last year that are now seemingly abating, permitting activity remained fairly vigorous. The full report covering 1,774 new buildings and over 57 million square feet of new floor space is available in Excel format upon purchase of YIMBY’s Building Wire subscription.
In an exclusive reveal, new renderings from ODA offer a first look at The Collective’s forthcoming New York City flagship in North Brooklyn. Located at 555 Broadway on the border of South Williamsburg and Broadway Triangle, the building will top out at 28 stories and contain a mix of rental apartments, short-stay rooms, shared office space, retail, community facilities, and a collection of amenity spaces.
Façade work is wrapping up on 113 West 24th Street, a 39-story Marriott hotel in Chelsea. Designed by Stonehill Taylor and developed by Lam Generation, the 420-foot-tall tower sits between Sixth and Seventh Avenues and is planned to yield 360 rooms averaging around 380 square feet apiece.
Permits have been filed for a 13-story hotel building at 144-02 135th Avenue in South Ozone Park, Queens. Located between 143rd Street and 145th Street, the interior lot is adjacent to the John F. Kennedy International Airport. JFK Hotel Partners LLC is listed as the owner behind the applications.
Façade installation is nearing completion on the Margaritaville Resort New York at 560 Seventh Avenue in Times Square. Designed by Stonehill Taylor and developed by Sharif El-Gamal of Soho Properties along with MHP Real Estate Services, the 29-story, 375-foot-tall tower will yield 234 guest rooms with island-inspired interior designs. The project, which is located at the corner of Seventh Avenue and West 40th Street, is expected to cost around $300 million.