Permits have been filed for a 26-story hotel and residential tower at 159 Broadway, in Williamsburg, Brooklyn. Rising above the Williamsburg Bridge’s final stretch in Brooklyn, the structure would be a highly visible addition to the neighborhood. The J, M, and Z trains all ride just past the site. Their first stop in Brooklyn, Marcy Avenue, is just four blocks away. Cornell Realty will be responsible for the development, after purchasing the site for $26.2 million.
Permits have been filed for a 38-story hotel at 113 West 24th Street, in Chelsea. The location is close to the 23rd Street stations for the 1 train, as well the PATH. Guests will find ready access to Madison Square Park, one block to the east, and Lam Generation will be responsible for the development.
Permits have been filed for a two-story hotel at 701 East 240th Street in Wakefield, The Bronx, a popular area for the typology in the borough. The site is a block away from the 241st Street Subway Station, the final stop for the 2 train. Chand White Plains LLC will be responsible for the development.
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.